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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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Analysis: Why Upcoming ILWU Contract Negotiations are Making Importers Uneasy

MTS Logistics

For the last two decades, twice the ports and labor could not agree on the terms (2002 & 2014) where there were significant delays in the availability of containers at ports. For example, for a small container ship between 0 and 4,000 TEUs, the unloading and loading time is three times higher than the most-efficient port.

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Linde takes pride in 2021 awards

Logistics Business Magazine

Right back in 2002, when Springer Fachmedien München GmbH and the publishing house Heinrich Vogel offered the Image Award for the first time in the category “Forklift trucks, Handling and Warehouse Technology”, Linde MH won the coveted prize. One example is the “interactive warning vest for the protection of persons in in-warehouse traffic”.

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How US ports may have contributed to the global lag in container turn around times

Shipping and Freight Resource

Transloading, for example, has transitioned from loading ocean freight containers onto trains to unloading cargo directly into domestic trucks close to port. In 2002, employers locked out workers for 10 days at one point before President George W.

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What is The True State of The Supply Chain Industry?

10xLogistics

The below graph shows the most current: As you can see, our inventory relative to sales is about where it was in 2002. One could argue that we have become a lot more efficient but we "consumed" that efficiency by increasing service dramatically (more next day and same day delivery for example).

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Final Linde 392/393 IC Rolls Off Production Line

Logistics Business Magazine

A flashback to January 2002: Accompanied by Bengal fireworks and rousing music, the new Linde forklift drives out of an overseas container on Germany’s highest mountain, the Zugspitze. The series set technical standards in many areas: for example, with its overhead tilt cylinders.

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ECO-FRIENDLY SUPPLY CHAIN

Logistics at MPEPS at UPV

For example, since 2002, Procter and Gamble has more than halved the impact it has on the environment across energy usage, CO2 emissions, waste disposal and water usage. There is not anymore, the need to sacrifice profitability to achieve sustainability, companies need the partnership and collaboration of their supply chain.