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

Top Events That Shaped 2021 Supply Chains

Turvo

This year’s increased COVID-19 instances, extreme weather events, and Suez Canal closure increased the difficulties. Staff in Shanghai Pudong, for example, were required to work for seven days, quarantined at a hotel for seven days, and then quarantined at home for seven days more.

Events 82
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

Beyond Fleet Telematics: Video Keeps an Eye on Fleet Driver Safety

IoT World Today

Video monitoring of driver behavior is adding a new level of awareness to help enhance driver safety, and potentially save companies money. The deployment of connected cameras and video analytics platforms comes as many large U.S. Putting more video cameras inside cabs and other places on fleet vehicles may be the next natural step.

Video 45
article thumbnail

[Video] Tariffs, Trade, and the Global Supply Chain

Talking Logistics

Can you share some examples of how leading companies are addressing emerging supply chain risks like these proposed tariffs? How would you complete the following statement: “Your supply chain organization will be in the best position to respond effectively to whatever changes or events occur in the future if…[what]?”.

article thumbnail

Digitalization Efforts you can count on

Logistics Business Magazine

For example, problems may be related to barriers against sharing data, the complexity of underlying processes and systems, conflicting interests or resistance to change. Companies see this by using Intelligent Video and AI Services. But projects put logistics managers under pressure. The positive financial implications are obvious.

Digital 36
article thumbnail

This Week in Logistics News (September 16 – 22)

Logistics Viewpoints

A notable example of greenwashing is when McDonald’s introduced paper straws to reduce plastic pollution. With Apple’s big event last week, the company claimed that the new Apple Watch will be carbon neutral. Unless the new Watch has been designed to suck CO2 directly from the atmosphere, he jokes, it’s not actually carbon neutral.

article thumbnail

MD of Eagle Eye Networks talks cloud-based security

Logistics Business Magazine

Video surveillance of logistics properties is about security – and a great deal more besides. The real advantage of today’s modern cloud-based video surveillance systems is that they deliver so much more than a visual overview of the live and historic situation. Here’s a great example. But mistakes happen.