article thumbnail

5 examples of the black swan theory

Logistics at MPEPS at UPV

Today we are going to find out what the black swan theory means, how it affects the economy and the society overall and several examples of how the black swan events have changed the words. Even though,the black swan events are often inappropriately rationalised after the fact with the benefit of hindsight.

article thumbnail

Logistics of Olympic Games

Logistics at MPEPS at UPV

It seems to be great news, but almost every time, the cost of this exceptional logistics operations are underestimated, and the financial balance of the event isn’t achieved. We can only hope that this prevision is not overestimated and that a global event like this one can be organized in a responsible way.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Toilet paper and total war – the psychology of shortages and what it means for resilience

Logistics in War

Lessons can come from extrapolating what we witness every day; from events that capture tangible and intangible aspects of sustaining normal life. A normally stable balance of supply and demand is upset by events, with consumer behaviour in panic-buying magnifying the problem. Australian consumers are fearful.

Military 142
article thumbnail

Marketing Small Business Tips: 6 Tips to Improve Your Small Business 

GoShip Blog

billion monthly users , Facebook remains the biggest social media platform since its launch in 2004. Attend an event — or host one Although connecting with your client base on social media is fantastic, attending or hosting events allows you to interact face-to-face with existing customers and build relationships with new ones.

Tips 52
article thumbnail

Disaster Management & Logistics

Logistics at MPEPS at UPV

Table 1 : Number of recorder natural disaster events, all natural disasters. However, the most difficult to prevent and avoid are Rapid onset natural disasters, such as the gigantic Tsunami of 2004, in Japan, that caused many deaths. Table 2 : Number of Annual Deaths from natural disasters, by Decade. A few statistics about Disasters.

article thumbnail

Limping to war

Logistics in War

– Chief of Army LTGEN Peter Leahy, 2004 [1]. For example, it is widely accepted that the Australian Defence Force (ADF) had little logistics capacity to sustain a large second-rotation force after intervening in East Timor in 1999. Supplying War , 2 nd edition, Cambridge University Press, UK, 2004, p 236. [7]

article thumbnail

[INFOGRAPHIC] Attracting Millennials to Manufacturing: Understanding Millennial Experience in Order to Gain Talent

GlobalTranz

Millennials have witnessed countless layoffs, periods of market instability, offshoring of manufacturing entities , and other significant events in their lives. Unfortunately, these events lead to one common issue: millennials do not view the manufacturing industry as previous generations did. Role of Social Media.

Ordering 108