We are thrilled to share the latest insights and developments in the world of global supply chains with the release of the second edition of our Supply Chain Superintelligence newsletter! 🚢 What's Inside: ↳Reflections on Supply Chain Disruptions: Explore the lasting impact of the "Ever Given" incident in the Suez Canal and the ongoing geopolitical tensions affecting maritime routes. ↳Navigating New Challenges in Global Shipping: A detailed analysis of how recent events, like the Houthi attacks, are reshaping the shipping industry and what businesses can do to stay resilient. ↳EU Deforestation Regulation (EUDR): Get ahead of the curve with our in-depth look at the imminent EUDR, its implications for your business, and how to ensure compliance. 📈 Milestones and Achievements: We are also celebrating a major milestone! Discover how our recent €63M Series B funding round will revolutionise supply chain risk management and support our mission to make global supply chains more transparent, resilient, and sustainable. 🌍 Join the Conversation: Stay informed and prepared for the challenges and opportunities ahead. Don't miss out on expert analysis, practical advice, and the latest updates in supply chain risk management. #SupplyChainSuperintelligence #Prewave #Newsletter #Suez #EUDR
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Empowering organizations to identify, assess and mitigate supply chain risk while building transparent, responsible and resilient supply chains.
Great read highlighting some of the reasons behind why today’s Supply Chains are in a constant state of risk and disruption management and mitigation.
The Baltimore bridge disaster is just the latest knock to global shipping and trade
businessinsider.com
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As the world navigates the turbulent waters of the Red Sea issues, the impact on global supply chains is palpable. Let's dive into the complexities and chart a course for resilience. 1. The Ripple Effect on Supply Chains: The Red Sea predicament is casting waves across the supply chain spectrum. From port delays to rerouted shipments, businesses are facing unprecedented challenges. Major shipping companies are rerouting vessels, adding roughly 10 days to Asia-Europe trips. The Suez Canal, handling 12% of global trade, is now bypassed. This shift may lead to port congestion in the UK and Europe, impacting turnaround times at major hubs. 2. Risk Management Amidst Uncertainties: In times of uncertainty, robust risk management becomes the compass. Navigating through geopolitical disruptions requires a keen eye and proactive strategies. Manufacturers need to embrace a risk-focused approach, understanding indirect risks and leveraging risk intelligence to avoid drastic consequences. 3. Logistics in Uncharted Territories: Logistics, the heartbeat of supply chains, faces a new set of challenges. Efficient tracking and adaptability are paramount. Charting a Course for Operational Excellence: Amidst the storm, there's an opportunity for businesses to reevaluate and fortify their supply chain foundations surrounding superior risk management. How is your business navigating these waters? #SupplyChain #RiskManagement #RedSeaChallenges #OperationalResilience ********* I’m Sachith, Sales Development Representative at Kavida.ai we help procurement managers ensure every order arrives on time, every time Follow us as we push the boundaries of procurement risk management and supply chain visibility
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From geopolitical tensions to natural disasters and the ongoing impacts of the pandemic, businesses are facing a perfect storm of challenges that necessitate a proactive and strategic approach to supply chain management. As supply chains become increasingly complex and interconnected, organizations must prioritize resilience as a strategic imperative. This involves not only identifying vulnerabilities within the supply chain but also implementing measures to enhance flexibility, redundancy, and agility. Dive into the insights: https://lnkd.in/eR3KSqVr
Red Sea Disruption: New Reason to Refresh Supply Chains
deloitte.wsj.com
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Understand the power of Resilinc's Multi-Tier Mapping and Monitoring Solution, enabling comprehensive visibility and control over your supply chain. Learn more here: https://okt.to/nb6iOF #supplychainmanagement #resilience #mapping #monitoring
Multi-tier Mapping and Monitoring
https://www.resilinc.com
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"Despite recent warnings that the global supply chain sector is heading into another potential crisis, most companies that could be affected have not taken action to protect themselves from its impact." – Natascha McVeigh 🇬🇧 🇩🇪 Read the latest Insights article just published that highlights the fragility of the Defence supply chain sector and then outlines a guideline of how to overcome the inherent risks. 𝗥𝗘𝗔𝗗 𝗠𝗢𝗥𝗘 🔗 https://lnkd.in/d5iuKQWq #risk #management #supplychain #geopolitical #threat #technology
Supply Chain Shocks, Disruptions and Crises: Defence Companies Must Act » Karve
karveinternational.com
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Project Manager | Project Logistics and Supply Chain Management | Events Management | Procurement | Traffic Management | Operations & Transport Management | Warehouse, Inventory & Assets Management | HSSE Management
The Resilience of the Supply Chain! 🤠 Certainly not a one-size-fits-all solution. But here are some actions to consider: 1. Diversify your supplier base to reduce dependence on a single source. 2. Implement a robust risk management strategy to identify and mitigate potential disruptions. 3. Foster open communication and collaboration with suppliers to quickly address issues. 4. Invest in technology and data analytics to enhance visibility and agility in your supply chain operations. 5. Evaluate the short, mid, and long-term actions needed to achieve and align with the current environmental targets. Let me know your thoughts! #supplychainresilience #logisticsstrategy #riskmanagement #supplychaincollaboration #technologyinlogistics #environmentaltargets #shippinginsights #maritimeindustry #logisticsolutions
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There have been many supply chain disruptions in 2023, understand the power of Resilinc's Multi-Tier Mapping and Monitoring Solution, enabling comprehensive visibility and control over your supply chain. Wishing you all a Happy & Resilient New Year ahead! Learn more about our solution here: https://okt.to/zY7j2K #supplychainmanagement #resilience #mapping #monitoring
Multi-tier Mapping and Monitoring
https://www.resilinc.com
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Understand the power of Resilinc's Multi-Tier Mapping and Monitoring Solution, enabling comprehensive visibility and control over your supply chain. Learn more here: https://okt.to/5jZKYJ #supplychainmanagement #resilience #mapping #monitoring
Multi-tier Mapping and Monitoring
https://www.resilinc.com
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Understand the power of Resilinc's Multi-Tier Mapping and Monitoring Solution, enabling comprehensive visibility and control over your supply chain. Learn more here: https://okt.to/IsSH7W #supplychainmanagement #resilience #mapping #monitoring
Multi-tier Mapping and Monitoring
https://www.resilinc.com
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In 2024, trending geopolitical events will ensure that Supply chain management remains a focus area for organizations and governments. Organizations will need to focus on immediate execution challenges but should not undermine criticality of tactical and strategic supply chain planning.
Top 10 geopolitical risks for 2024
ey.com
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