Over the past two years, labour restrictions, climate change and violent conflict have contributed to the record-breaking high prices of vegetable oil around the world.
The closure of a factory in Michigan is the incident that put new parents across the US on edge, but the real causes for the shortage of baby formula are many years in the making.
Russia’s invasion isn’t only devastating the lives of ordinary Ukrainians but is also disrupting global supply chains and increasing poverty around the world.
Comprised mostly of Black soldiers, the Red Ball Express transported supplies day and night and is given credit for providing a strategic advantage over the Nazi military.
It’s easy to blame COVID. But Australia has suffered medicine shortages for years. The pandemic has only highlighted the problem. Here’s what we could do to better avoid shortages in the first place.
The Russian invasion of Ukraine has triggered an unprecedented outpouring of humanitarian and military aid. Protecting those supply chains is essential for delivering materiel to the frontlines.
In the short term, the war is causing energy prices to soar and prompting fears of famine in some countries. In the long term, it could remake the modern global supply chain.
Disruption at each stage of supply chain – production, transportation and distribution – is forcing New Zealand to ‘import’ more inflation. There will be no quick fix in 2022.
Research suggests that two factors are most important when making decisions on how businesses should respond to the U.S.-China trade war: location and supply chain dependence, and technology.