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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

The Francis Scott Key Bridge in Baltimore being struck by the Dali and collapsing is an unpredictable disruption to the supply chains of several industries including automobiles, coal, and agricultural machinery. These dimensions are briefly defined and illustrated below.

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

Logistics in War

The impact of this turbulence on essentially fragile national logistics, commerce and industry capability is starkly evident and has forced the nation to consider its national resilience. The military organisation – perhaps even government and industry – will rapidly try to respond to rapidly growing military requirements.

Military 144
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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. Explosion at BASF plant Oppau : Another attempt at disaggregation of a fertilizer mix with industrial explosives caused the death of 561 people and left more than 2,000 injured. Date:March 9, 2004. Date:May 24, 2004. Date:September 21, 1921.

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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. The importance of a high-level of preparedness to a military is self-evident.

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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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Two Million Vacant Manufacturing Jobs by 2025…How Can We Tackle the Skills Gap?

GlobalTranz

This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP. Nationally, the health care and technology industries have been especially hard hit by the staffing deficits.