Growing number of risks tests supply chain continuity
In this Q&A, supply chain expert Zachary Collier looks at some ways supply chains are threatened today and how companies need to avoid a single point of failure in supply chains.
In this Q&A, supply chain expert Zachary Collier looks at some ways supply chains are threatened today and how companies need to avoid a single point of failure in supply chains.
The world is sitting at a cusp: How best to respond to the rising number of cases of the human version of the monkeypox virus. The current international outbreak (B1) has already spread to more than 58 countries with more than 6,000 cases -- with ongoing monitoring of thousands more people with close contact. Monkeypox has been a heightened concern in several countries worldwide, especially Britain, Germany, Spain, and Portugal. So far, this is the largest international outbreak the world has seen.
In many ways, the emerging advanced air mobility market hopes to operate much like today’s commercial airlines: hundreds of passengers traveling every day aboard dozens of small, electric aircraft. But if this rapid, frequent service is to be achieved, the vertiports from which these air taxis would take off and land must have a lower level of security than today’s airports, according to industry experts.
A picture is worth a thousand words… and to restaurant owners and investors it could be worth their livelihood. New research in the journal Management Science finds that consumer-posted photos can serve as a strong leading indicator of restaurant survival above and beyond reviews, company, competition and macro factors.
For the first time since the Centers for Disease Control and Prevention introduced its three-level risk system in March 2022, on June 30 its community level map of Covid-19 cases had the dubious distinction of more counties classified as medium risk or high risk (55%) than those at low risk.
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Mpox is spreading across several African countries. The World Health Organization declared mpox a “public health emergency of international concern.” The Democratic Republic of Congo has been hardest hit, though Burundi has also seen a recent surge of cases. To date this year, 36,000 suspected cases have been reported, with more than one-half among children younger than 15 years old. In Burundi alone, two-thirds of the recent cases have been in those younger than 19.
Global supply chains are undergoing an irrevocable shift. While material flows remain critical, they are only the most visible aspect of this transition. Beneath the surface, changes in information exchanges, financial reconfigurations, and human capital movements are posing far greater risks to the benefits of global trade. The US, China, and the rest the world must handle these changes with care and perspective.
The supply chain for many small parcel shipping companies is typically long. Products are often made in distant lands, travel on oceans and waterways, arrive at ports, are then transported to warehouses, from where a third-party logistics provider delivers the product to its intended destination. In a stable world, shippers and customers alike can expect a product to be delivered within the promised time window. However, in a world facing high levels of uncertainty caused by war, pandemic, political instability, raw material shortages, freak accidents (recall the regional and national impact of the bridge collapse in the Port of Baltimore caused by a container ship), and weather, the shipper must work overtime to ensure customer expectations are met at no additional cost, despite these uncertainties.
Billionaire investor Mark Cuban's question to Representative Matt Gaetz, a Florida Republican, on energy costs took off on social media on Saturday.
Florida lawmakers have banned wind turbines off its shores and near the coast, saying the bill is meant to protect wildlife and prevent noise.