After years of growing increasingly reliant on cheap and abundant wheat supplies from Russia and Ukraine, the world’s grains buyers are being forced to hunt elsewhere as flows from both countries dry up.
Ben Ruddell, director and professor in the School of Informatics, Computing and Cyber Systems at Northern Arizona University, offers a perspective on whether we can expect another wave of shortages of essential products on store shelves this year.
First BP, then Shell. In just two days, Britain’s twin energy giants have dumped Russian investments nurtured over decades and shut themselves out of the world’s largest energy exporter, probably forever.
U.S. importers and exporters are bracing themselves for the possibility of a strike — or, at the very least, a damaging worker slowdown — by dockworkers at West Coast ports, as management and labor seek accord on a new longshore contract.
Just-in-time and ad hoc ordering work well while parts are still in production and the supply chain is robust. But once the manufacturing process is disrupted, and supplies become limited or even non-existent, things change drastically.
The way in which climate-risk disclosures are currently made leads to inaccurate and misleading reports, with non-actionable metrics that are impossible to compare between companies.
The European Union’s ethical supply chain rules are a “game changer” but must be backed by “dissuasive” sanctions, EU Justice Commissioner Didier Reynders said.