While the integral Suez Canal supply channel is no longer blocked, other supply chain issues remain. In fact, according to a recent report, 24 container ships – with a combined maximum carrying capacity nearly 10 times that of the Suez Canal ship – were recently anchored off the coast of Los Angeles and Long Beach…
Supply chain disruptions globally nearly doubled in 2017, according to Resilinc’s annual report. The analysis covers incidents by risk type, industry, geography, and disruption potential, highlighting global supply chain risks for 2018. The 2017 EventWatch Supply Chain Disruption Annual Report finds the increased disruptions potentially impacted 32 percent of S&P 500 companies over the past…
Supply chain resilience is increasingly seen as a critical component of an organization’s ability to deal with supply chain disruptions. With growing support from top management more organizations believe business continuity is key to increasing the resilience of their supply chains. A survey, conducted by the Business Continuity Institute (BCI) and supported by Zurich Insurance Group,…
The impact of Hurricane Harvey on the global supply chain will be worse than expected due to the dependence on chemicals and intermediate products across a range of industries, according to supply chain experts at Resilinc, a provider of supply chain risk and resiliency solutions. Other contributing factors are an interconnected global supply chain and…