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Search resuls for: "Julie Gerdeman"


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Over the past few years, supply chain woes have repeatedly come into the spotlight. Since then, global integrated supply chain systems just seem to keep getting disrupted — be it by the COVID-19 pandemic or Russia's war in Ukraine. The domino effect is due to the "just in time" model that supply chains have been relying on for decades. Here are three key reasons why supply chains just seem to keep screwing up in recent years. Examining ongoing conflicts in the Black Sea and Red Sea respectively shows how geopolitical conflicts affect global supply chains.
Persons: , they've, Donald Trump, Dali, Francis Scott Key, Project44, Nari Viswanathan, Viswanathan, tailspin, Julie Gerdeman, Trump, Rahul Khanna, Geoff Weiss, Allan Post, Justus Heinrich, Khanna Organizations: Service, Business, Maersk, BI, Shipping, Allianz, Allianz Commercial, Technologies Locations: China, Ukraine, Baltimore, The Port, of Baltimore, Europe, Asia, Iran, Israel, Suez, Good, Africa, Panama, El, Egypt
That's because they'll travel on different models of ships and likely at different speeds — maybe even with different fuel. The toy giant Hasbro, for example, has pledged to reach net-zero emissions by 2050 — with a 40% reduction by 2030. Eventually, they'll have to wade into their supply chains — where 90% of most companies' emissions come from — and transportation is a key element. When companies look closer, they often find they're producing fewer emissions than they think, and identifying places to reduce gets even easier. Saving money equals reduction," Eric Rempel, the chief innovation officer of Redwood Logistics, said.
But it isn't easy to fully replace China's supply chain ecosystem in any country — even one as vast as India. "India has a large labor pool, a long history of manufacturing, and government support for boosting industry and exports. Data irregularities improved China's position in 2018, according to a World Bank audit published in December 2020. India also has a history of protectionism, which makes it less competitive in terms of attracting large investments. That's precisely because they want to diversify, from having dependency on one country, like China, to a couple of locations."
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