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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. Even though,the black swan events are often inappropriately rationalised after the fact with the benefit of hindsight.

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Toilet paper and total war – the psychology of shortages and what it means for resilience

Logistics in War

Lessons can come from extrapolating what we witness every day; from events that capture tangible and intangible aspects of sustaining normal life. A normally stable balance of supply and demand is upset by events, with consumer behaviour in panic-buying magnifying the problem. Australian consumers are fearful.

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[INFOGRAPHIC] Attracting Millennials to Manufacturing: Understanding Millennial Experience in Order to Gain Talent

GlobalTranz

Millennials have witnessed countless layoffs, periods of market instability, offshoring of manufacturing entities , and other significant events in their lives. Unfortunately, these events lead to one common issue: millennials do not view the manufacturing industry as previous generations did. Role of Social Media.

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Limping to war

Logistics in War

– Chief of Army LTGEN Peter Leahy, 2004 [1]. For example, it is widely accepted that the Australian Defence Force (ADF) had little logistics capacity to sustain a large second-rotation force after intervening in East Timor in 1999. Supplying War , 2 nd edition, Cambridge University Press, UK, 2004, p 236. [7]

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The Long Tail - Can we find a place for it in the logsitics world?

Blog on Log

In these distributions a vast population of events occur very rarely in the yellow (or more generally have low amplitude on some scale, e.g., popularity or sales) while a small population of events occur very often in the red (or have high amplitude). Examples of such mega-stores include Amazon.com , Netflix and even Rhapsody.

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Logistics of Olympic Games

Logistics at MPEPS at UPV

It seems to be great news, but almost every time, the cost of this exceptional logistics operations are underestimated, and the financial balance of the event isn’t achieved. We can only hope that this prevision is not overestimated and that a global event like this one can be organized in a responsible way.

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PINC Named 2020 Food Logistics’ Top Green Provider

PINC

Founded in 2004, PINC is the number one provider of real-time visibility and automated yard orchestration to the food and beverage industry. Its diverse portfolio serves the construction, logistics, supply chain, and other industries with print, digital, and custom products, events, and social media.