Since 2020, global supply chains have seen an inordinate number of disruptions as the world continues to change. Here are just a few:
- COVID-19 pandemic beginning late 2019.
- Global lockdowns, including critical Chinese ports, beginning in early 2020.
- Winter ice storms in southwestern U.S. in early 2021.
- Suez Canal was blocked for six days in mid-2021.
- Congestion builds at ports around the world in 2021.
- Wildfires impact Western U.S. logistics in mid-2021.
- War in Ukraine beginning in early 2022.
- Port of Oakland port closure in mid-2022.
- Hurricane Ian batters Southeast U.S. in late 2022.
- Potential U.S. rail labor shutdowns in late 2022.
- Deadly earthquakes in Turkey and Syria in early 2023.
According to Resilinc, a global leader in supply chain mapping and risk monitoring, data, compiled by its EventWatchAI monitoring database reveals that supply chain disruptions were up 32% in 2022, with an overwhelming majority (91%) being human-caused. Those include:
- Factory Fire
- Mergers & Acquisition
- Business Sale
- Leadership Transition
- Factory Disruption
- Labor Disruption
- Legal Action
- Cyber Attack
- Recall
- Port Disruption
The world changed, is changing, and will continue to change. Thankfully, whenever change happens, whatever it is, when it must get there, Logistics Plus will get it there.
