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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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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.

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

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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.

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

GlobalTranz

Unfortunately, these events lead to one common issue: millennials do not view the manufacturing industry as previous generations did. For example, a position as a welder, which may be involved in manufacturing, sounds much more lucrative as a “metal repair shop” than a “mass-production manufacturer.” Role of Social Media.

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Investment in Romania Boosts European Trade

Logistics Business Magazine

DP World’s third new facility opening today is in Aiud, in the industrial heartland of Romania, which is now home to a new 8-hectares ‘intermodal’ logistics hub connecting rail and road, following a €21 million investment. DP World has invested over €250 million in Romania since 2004, including grants from the European Union.