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What can the great North American blackout of 2003 teach us about supply chain complexity, vulnerability, and resiliency

Procurement Insights

Here is an excerpt explaining the cause of the 2003 blackout: “A series of faults caused by tree branches touching power lines in Ohio, which were then complicated by human error, software problems, and equipment failures.”

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Intelligent IBP – a new role for supply chain planners

Supply Chain Trend

Palmatier and Crum (2002), Coldrick, Ling, and Turner (2003) and Bob Stahl (2009) all assert that S&OP is first and foremost an executive decision-making process. Figure 1 : Demand & supply balancing decisions in an IBP cycle. This, hereby, would solve the traditional IBP decision gaps. A NEW DESIGN FOR THE IBP TEAM.

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Are Black Swan Events Real Or Are They A Product Of Hindsight

Procurement Insights

Historical Analogs: Pandemics: 1918 Spanish flu, SARS (2003), MERS (2012), Ebola (20142016) show recurring viral threats in globalized systems. supply chain resilience, ESG compliance) are sensitive to black swans, as disruptions like pandemics or trade wars impact supplier networks, costs, and net-zero goals (prior response).