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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. SARS pandemic in 2002-2004 sped up the growth of the small company Alibaba, which traded over the Internet. Now it is a retail leader in Asia.

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Sourcing Strategy: Effective vs Efficient with Ron Crabtree

The Logistics of Logistics

Ron Crabtree , CPIM, CIRM, CSCP, MLSSBB, SCOR-P is the founder and CEO (2002) of MetaOps , Inc. MetaExperts align with your industry and OpEx initiatives (i.e., Based in Mattawan, MI, the company was founded in 2002. About Ron Crabtree. successes in Lean, business process improvement, change management, etc.)

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Supply Chain Data Visibility Paramount as Industry Lurches into Next Chapter

IoT World Today

Compare China’s share today with 2002, during the SARS epidemic, when China represented only 4% of world GDP. Shipping from Asia is delayed by weeks given soft demand for apparel and other products, and some suppliers are turning to the airline industry — with air travel down by 95% — to reduce delays.

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Boeing: The Turning Point(s)

The Lean Thinker

I was fresh out of the Army, and one of the contractors I had worked with in my last assignment was working as an Industrial Engineer in Boeing Flight Test. Industrial engineers dutifully analyzed each job, and determined the time it should take. The structural designs were far more tolerant of production variation, for example.

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Analysis: Why Upcoming ILWU Contract Negotiations are Making Importers Uneasy

MTS Logistics

For the last two decades, twice the ports and labor could not agree on the terms (2002 & 2014) where there were significant delays in the availability of containers at ports. For example, for a small container ship between 0 and 4,000 TEUs, the unloading and loading time is three times higher than the most-efficient port.

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What is The True State of The Supply Chain Industry?

10xLogistics

By two very macro metrics, I would say as an industry, we are not doing great. The below graph shows the most current: As you can see, our inventory relative to sales is about where it was in 2002. So, by these two measurements certainly this industry has a "cold". Lets first look at inventory. Not a stellar performance.

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Linde takes pride in 2021 awards

Logistics Business Magazine

One of the most coveted awards in the material handling industry in Germany once again went to Linde MH in 2021. In the “materialfluss PRODUCT OF THE YEAR 2021” readers’ poll, the automated Linde R-MATIC reach truck took first place in the Industrial Trucks category. Other prizes have been awarded in honour of innovations.