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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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Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

According to a widely cited framework by Christopher and Peck from “Building the Resilient Supply Chain” (2004), supply chain resilience consists of four dimensions: robustness, agility, redundancy, and flexibility. These dimensions are briefly defined and illustrated below.

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This Week in Logistics News (September 24 – 30)

Logistics Viewpoints

since 2004, hit an all-time high of 4,586 points in late March. This sounds like another example of supply chain whiplash (start and stop) to me. American Shipper reported that indexes measuring container-ship rental rates are now dropping rapidly. The Harpex index, published by brokerage Harper Petersen & Co.

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Deliveries are Booming, but so are Fuel Prices

Bringg

In fact, the recent surge in oil prices is the biggest since 2004. For example, last year Tesla announced the Tesla Semi, the automaker’s electric truck which is currently being tested ahead of production. Fuel prices in the US have increased by more than 30 percent over the past year.

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Logistics of Olympic Games

Logistics at MPEPS at UPV

It is a opportunity for some cities to develop new transportation networks, more ecological and efficient, like in Beijing in 2008 for example, when $20 billions were invested for urban transportation – the air pollution decreased for a while, but mostly due to important and temporary restrictions for personal cars, coal and chemical plants.

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The hazards of Ammonium Nitrate and 100 years of related disasters

Shipping and Freight Resource

The examples are Kriewald , Morgan , Oppau , Tessenderlo , and Traskwood. Date:March 9, 2004. A truck carrying 25 tonnes of ammonium nitrate fertilizer exploded half an hour after a traffic accident on March 9, 2004, killing two people and injuring five others. Date:May 24, 2004. ti at 4:57 AM on May 24, 2004.

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Disaster Management & Logistics

Logistics at MPEPS at UPV

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. Those different type of disasters requires different type of prevention. The stages of Disaster Logistics. Preparedness Phase. The most important phase. But also the most forgotten one.