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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. SARS pandemic in 2002-2004 sped up the growth of the small company Alibaba, which traded over the Internet. Now it is a retail leader in Asia.

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Trucking Isn’t Going Away Any Time Soon

Blue Grace Logistics

Of course, whenever new tech starts to hit the market, there is speculation as to what it means for the already existing framework of our reality. For example, a smart sensor in the truck might be able to detect an imbalanced load or a flat tire, but it falls to the driver to fix that issue before rolling on down the road.

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The debris of an organisation – thinking about how the ADF recovers from the first losses of war: Part One

Logistics in War

It is in the light of these facts that the commander expects to shape his course during the supervision of the planned action.’ [1]. The first part of this paper applies examples to articulate concepts and ideas relevant to understanding the reality of war. From Sound Military Decision , United States Naval College, 1942.

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Nearshoring & Reshoring Will Continue to Increase Thanks to these Main Benefits

GlobalTranz

Of course, there are other factors affecting the American push towards reshoring and nearshoring. These recall counts point to sizeable growth over the past decade in the recall notices of Chinese-made consumer goods from 58 in 2002 to 153 in 2014. The political climates of foreign countries are becoming unstable.

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Supply Chain Data Visibility Paramount as Industry Lurches into Next Chapter

IoT World Today

Supply chains will survive COVID-19, of course, but not without interim pain and structural change. Compare China’s share today with 2002, during the SARS epidemic, when China represented only 4% of world GDP. Shortages for in-demand products abound, while shipment delays are common and production lines run at a fraction of capacity.

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Still Think Dangerous Goods is Just Paperwork and Labels?

Talking Logistics

The prosecution was brought by [the UK’s Civil Aviation Authority] under the air navigation (dangerous goods) regulations 2002. For example, CEOs and CFOs are very focused on growth these days. It outlines how dangerous goods must be handled when transported by air. For most of them, dangerous goods is just paperwork and labels.

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This Week in Logistics News (February 27 – March 3, 2017)

Talking Logistics

Those same words were also said when the ports were shut down for 10 days in 2002 , and again in December 2012 when 600 clerks went on strike , shutting down the ports of Los Angeles and Long Beach for 8 days. Of course, there are a lot of skeptics out there who don’t believe we’ll see driverless trucks anytime soon on our roads — if ever. “If