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I believe many of us are spending an abundance of time reading about the Russia-Ukraine war. Russia and Ukraine both provide exports that serve as inputs to many international companies. So product supply shortages from Ukraine will most substantially affect agricultural commodities and metals. Beyond Fossil Fuels.
Urgent – The Ukraine Logistics Coalition with Ben Gordon. The situation in the Ukraine grows more desperate every minute and the need for humanitarian aid is enormous and growing. People who work in logistics and supply chain are in a unique position to help the people of the Ukraine. About Ben Gordon.
The Ukraine-Russia conflict is ongoing. Kudos to the supply chain and logistics teams that have already adopted transportation management systems (TMS), warehouse management systems (WMS), and other digital solutions. Tensions flare in the Middle East without warning. That is the beauty of a platform enabled by AI.
Now of course, companies must map out the potential impacts of the Russia Ukraine war. Russia Attacks Ukraine. Russia shells Ukraine. Russia had massed some 150,000 troops along Ukraine’s borders, according to US estimates based on satellite imagery. Ukraine does not have the military might to stop the invasion.
My recent conversations with the supply chain practitioners are dominated by supply chain risk — specifically geopolitical risks in light of the ongoing Russian invasion of Ukraine. Here are some ways supply chains are being impacted by the situation in Ukraine. Let us dive deeper into how supply chains are getting disrupted.
Russia-Ukraine War. Could the Russia-Ukraine War turn nuclear? Slowing Economic Growth. Did I miss anything? It’s been an eventful first quarter of 2022, and the outlook for the rest of the year remains risky and uncertain (just like it’s been the past two years). I pray that it doesn’t. Will a major cyberattack.
Ukraine in the news: War in Ukraine disrupts ships around the globe. Ukraine invasion and the semi-conductor chip impact. As Clint Reiser pointed out earlier this week, the Russian invasion of Ukraine is impacting global supply chains. And the Russian invasion of Ukraine is only going to exacerbate the problem.
While the supply chain pressures that have built up over the last two years continue to abate as transportation capacity problems ease and consumption shifts from goods to services, newer challenges and opportunities lie ahead. So much has changed in a year! All these factors together place the second half of 2023 in a more positive light.
1 million refugees have fled Ukraine in one week. A million people, packing what little they can, leaving their home behind,through gunfire and debris, their future and safety uncertain. I’m trying to wrap my mind around it, trying to make some sense of it all, but I come up empty, except for this: we learn.
Ben Gordon, is the Founder of Cambridge Capital (private equity), BGSA (advice), and the Ukraine Logistics Coalition (humanitarian aid) About Ben Gordon Benjamin Gordon is the Founder and Managing Partner of Cambridge Capital. Prior to 3PLex, Benjamin advised transportation and logistics clients at Mercer Management Consulting.
Russia’s brutal invasion of Ukraine intensifies the product shortage and price rise issues we have come to associate with Covid-19. The conflict in Ukraine has accelerated these trends in dramatic fashion. Other drivers of shortages and price hikes that appear to be moderating include the cost of freight transportation.
In July the US, the European Union (EU), and select other countries instituted a number of trade and financial sanctions against Russia for its involvement in the separatist movement in neighboring Ukraine.
Over 250,000 US companies, and over 160,000 European companies, have direct or indirect suppliers in Russia and Ukraine. Food: Russia is the world’s largest exporter of wheat, whilst Ukraine is a major exporter of corn, barley and rye. More broadly, we can expect disruption of logistics networks and increased transport costs.
Covid issues like inventory imbalances, and supply & demand signals hard to predict, shutdowns, transportation issues, etc. . Global order changes especially in China, Ukraine, and Russia . The Ukraine/Russia war is going to cause food shortages and possibly famines. .
However, the immediate changes in consumption patterns and the subsequent “get out of the house” rebound were quickly followed by widespread inflation and the Ukraine war. The decline in transportation costs reduces the volatility index reading but is surely a positive for shippers. But what about now?
How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Increased Shipping Costs, Delays, and Transportation Issues. How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Ukraine supplies approximately 50% of the world’s neon gas. Covid-19’s Impact on the Supply Chain Crisis.
Over four-hundred days of war in Ukraine. Yes, we have achieved greater normalcy in transportation. Growing tensions between China and trading partners. Unrest in Sudan. The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. What is normalcy?
John is Strategic Advisor of Transportation & Logistics at Clarendon Capital , a private equity sponsor focused on developing investment opportunities and providing strategic advisory services to the transportation, logistics and distribution sectors. John Larkin and Joe Lynch discuss the logistics industry outlook.
Prior to 3PLex, Benjamin advised transportation and logistics clients at Mercer Management Consulting. Prior to Mercer, Benjamin worked in his family’s transportation business, AMI, where he helped the company expand its logistics operations. 3PLex was then purchased by Maersk.
Recently, Ronald van Dodewaard , Vice President Logistics at Outokumpu shared his thoughts on the company’s work with integrating sustainability into their transportation functions, including how Blue Yonder’s Transportation Management System (TMS) has enabled them to develop a more environmentally-friendly transportation program.
The transportation world is off its axis right now, largely due to the Covid Virus. Added to that is the recent turmoil in the Ukraine with Russia and Belarus being the agitators. This includes all modes of shipping via ocean, air, truck and rail (even couriers).
Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel. And this was before the Russian invasion of Ukraine began.
Changes like the turmoil in Asia (Taiwan & China) and in Europe (Ukraine & Russia) are currently impacting supply chains. Now part of S&P Global Market Intelligence , the JOC Group is the world’s authoritative provider of business intelligence, information and events for trade, transportation and logistics professionals.
The COVID-19 pandemic, Brexit in Europe, and the Russian invasion of Ukraine have further exacerbated current food chain problems, but a solid supply chain should be equipped to withstand this pressure to a certain extent. Transport delays, poor storage practices, or even bad weather can cause a disaster or lead to food recalls.
China trade tensions, Covid-19 measures and the Russia-Ukraine crisis. Transport markets tend towards consolation, which we have observed with the container liners and the emergence of new business models brought about for example by platform aggregators. These have brought resilience and near-shoring back on the agenda.
As well as adapting to a global pandemic, the supply chain has faced a seemingly relentless barrage of ‘unprecedented times: The Suez Canal blockage, devastating wildfires, the war in Ukraine, escalating Red Sea tensions, persistent chip shortages, crippling labor shortages, and the looming specter of new tariffs The list goes on.
Last year multiple companies needed to urgently relocate their employees and their families from Russia and Ukraine. We can use this same method to represent customer orders, suppliers, manufacturing sites, warehouses, transportation assets, and all other agents that you have in your company’s value chain.
Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning.
They stocked up again after Russia’s invasion of Ukraine pushed up the price of raw materials such as energy and wheat. The Port of Kahului is fully operational, and interisland freight and transport company Young Brothers noted in an Aug. But the process has been much slower than expected and may drag into next year. 11 release.
Russia’s invasion of neighboring country Ukraine has prompted global leaders across the world to respond with economic sanctions, as well as pledging support for Ukraine in various ways. This comes…
As we watch Russia’s invasion of Ukraine unfold, the real cost of this war is plain: lost lives, families that are forever altered, and destroyed communities. As we’ve all seen in the news coverage of the Russia-Ukraine conflict, conditions are changing minute-by-minute. Michelle Brunak, Corporate Vice President at Blue Yonder.
In this, the first of our supply chain news posts, you’ll find updates on the following current stories in global supply chain and logistics operations: The Ukraine war and its impact on global supply chains. The grain blockaded in Ukraine. Ukraine War and its Supply Chain Impact. A growing global warehouse capacity crunch.
In this Supply Chain Matters commentary, we highlight the latest OECD global economic forecast in the ongoing light of the Ukraine conflict and provide some additional industry supply chain implications. . In addition, supply chains around the world are dependent on exports of metals from Russia and Ukraine. All rights reserved. .
A further consolidation of logistics service providers is expected, as asset-based logistics service providers involved in advanced warehousing and transportation require high investments. Supply chain disruptions that started during the Covid-pandemic, are continuing, now fuelled by the Ukraine war.
In this Supply Chain Matters March 23 rd edition of our COVID-19 and Ukraine Conflict News Capsule, we provide updates to ongoing industry supply chain developments and disruptions of concern to our reading audience. Surface Transportation Board on the merger with Kansas City Southern. . East Coast Ports the Likely Next Test.
With the ongoing war between Russia and Ukraine, the Israel-Hamas War, and the crisis in the Red Sea, the shockwaves these conflicts sent throughout their nations and the world have been felt everywhere—especially in the supply chain. Discover the top geopolitical risks set to affect the global supply chain this year.
Production halts, container and transport shortages, and port logjams are just a few of the factors eating away at both efficiency and profits. Then came Russia’s invasion of Ukraine. Between them, Ukraine and Russia account for approximately one-third of global wheat production. What’s a supply chain manager to do?
But the implications of today’s problems created by a pandemic, Russia’s invasion of Ukraine, other geopolitical factors, and supply bottlenecks have hindered overall industrial recovery. How Supply Constraints Affect Business. The answer to how supply constraints affect business is obvious. How do you do this?
The US’s ban on the import of Russian oil after the invasion of Ukraine has put a squeeze on diesel. After all, trucks move 70 percent of all freight in the US from transporting goods on land to those that come off a cargo ship or a train. Diesel prices have skyrocketed faster than gasoline, which has itself hit record levels.
There are a variety of ongoing disruptions caused by Russia’s invasion of Ukraine and the resulting economic Russian sanctions coming from other countries. Russia and Ukraine supply critical materials for industrial production, the development of advanced batteries, and other items related to making industrial applications greener.
To anticipate and respond to high customer demand, a modern Transportation Management System (TMS) needs to optimize inventory allocation. Deviations that occur during transportation execution are not necessarily approved immediately. Tajikistan. Tanzania, United Republic of. Timor-leste. Trinidad and Tobago. Turkmenistan. Uzbekistan.
In this Supply Chain Matters editorial commentary, we reflect on the ongoing Russia and Ukraine conflict, the implications for industry supply chains, and perhaps right now, a need for all to pause and reflect. Global citizens have been made keenly aware of the significance of the now ongoing Russia – Ukraine conflict.
Earlier this year, before Russia invaded Ukraine and COVID-19 reemerged in China, it seemed we would finally enjoy relief from supply chain interruptions and price increases. With the war in Ukraine inflicting more injury to an already weak global supply chain, you can expect high prices, product scarcity, and project delays through 2022.
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