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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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Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

According to a widely cited framework by Christopher and Peck from “Building the Resilient Supply Chain” (2004), supply chain resilience consists of four dimensions: robustness, agility, redundancy, and flexibility. These dimensions are briefly defined and illustrated below.

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This Week in Logistics News (September 24 – 30)

Logistics Viewpoints

since 2004, hit an all-time high of 4,586 points in late March. This sounds like another example of supply chain whiplash (start and stop) to me. American Shipper reported that indexes measuring container-ship rental rates are now dropping rapidly. The Harpex index, published by brokerage Harper Petersen & Co.

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

Logistics in War

The difficulty experienced in obtaining basic household products – toilet paper for example – as consumers buy in preparation for a state of quarantine that may never come, as trite an issue as it may be, starkly demonstrates how critical human behaviour is in the calculus. The ADF has experienced this ‘tradition’ in the past.

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The hazards of Ammonium Nitrate and 100 years of related disasters

Shipping and Freight Resource

The examples are Kriewald , Morgan , Oppau , Tessenderlo , and Traskwood. Date:March 9, 2004. A truck carrying 25 tonnes of ammonium nitrate fertilizer exploded half an hour after a traffic accident on March 9, 2004, killing two people and injuring five others. Date:May 24, 2004. ti at 4:57 AM on May 24, 2004.

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Deliveries are Booming, but so are Fuel Prices

Bringg

In fact, the recent surge in oil prices is the biggest since 2004. For example, last year Tesla announced the Tesla Semi, the automaker’s electric truck which is currently being tested ahead of production. Fuel prices in the US have increased by more than 30 percent over the past year.

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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]