Remove Course Remove Events Remove Examples Remove Industry
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

COVID Has Fundamentally Changed the Profession of Supply Chain Management

Logistics Viewpoints

The toilet paper shortage was one of the COVID era events that taught people what the term “supply chain management” meant. It is common for pundits to look ahead and predict how an industry or profession will change. In warehouses, for example, one solution is labor management. Risk management had been a hard sale.

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

Demand Forecasting in an Inflationary, Supply-Constrained, Semi-Post-Pandemic Environment

Logistics Viewpoints

At that time, I wrote about the COVID pandemic, and how similar events occur that elevate the uncertainty of the market. These events make accurate forecasting very difficult. For example, interest rate hikes tend to deter lower priority investments and those that require debt financing. Review of Prior Impactful Events.

article thumbnail

Key Takeaways from Oracle CloudWorld 2023

Logistics Viewpoints

I’m a supply chain industry analyst, so naturally my takeaways are influenced by my coverage area. This year, Mr. Ellison spun a vision of how the global agricultural industry’s value chain could be reconstructed to improve the quality of food while making the industry much more sustainable. Oracle CloudWorld happened last week.

article thumbnail

For Many, the Annual Freight Bid Season is Not “The Most Wonderful Time of the Year”

Logistics Viewpoints

The frequency of RFP events is only one area that can be improved as shippers look for a better way to manage freight procurement processes. Flexibility to schedule rate bid events based on business needs. Some companies hold bid events quarterly, and others implement ad hoc bids to address issues within a specific geography.

article thumbnail

The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

Buying organizations use this technology to monitor and analyze supplier risk events in real-time. These are big data platforms that monitor news sources and assorted databases from governments, financial institutions, ESG NGOs, and other sources to detect when a negative event has occurred or may be about to occur. Of course it would!

article thumbnail

FreightHub stays on course – our crew successfully steers our customers digitally through the corona crisis

Forto

The industry is unanimous: communication is the be-all and end-all. When dealing with a crisis – whether it is caused by a pandemic, a natural disaster , or political events – we believe that, in addition to communication, three factors are crucial. Of course, this applies not only to the internal distribution of tasks.

Course 52