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What does the war in Ukraine have to do with the price of banana's. It's complicated.
Surging oil and gas prices will spill over into the supply chains for just about everything that has to be carted around the world, says Nada Sanders, university distinguished professor of supply-chain management at Northeastern. In the case of bananas—which have a “very long” footprint—the story is a complicated one.
The Russia-Ukraine war could throw global supply chains into chaos. And that's the best-case scenario.
As the Russian invasion of Ukraine extends into its fourth week, its effect on global supply chains—already beleaguered by the COVID-19 pandemic—is only just beginning. “This is going to have a significant impact,” says Nada Sanders, distinguished professor of supply-chain management at Northeastern. “I'm extremely concerned.”
What does the future of the global supply chain look like?
Spencer Fung, who runs a Hong Kong-based supply-chain manager, spoke to Northeastern students about the future of the global supply chain as businesses contend with a host of disruptions—from the continued rise of e-commerce to the COVID-19 pandemic.
Supermarkets help their bottom line when they donate to food banks
Supermarkets and food banks complement one another in the U.S. food supply chain, a Northeastern professor studying food waste says. By donating less-than-perfect fruits and vegetables to food banks, supermarkets replenish their shelves with higher-priced, higher-quality goods, thus boosting profits.
Supply chains are a mess. But there’s hope on the horizon.
A record volume of import cargo is anticipated for the Port of Los Angeles this year, but relief for overburdened supply chains may be on the horizon. AP Photo/Damian Dovarganes
A 'red alert' for workers: Businesses embrace automation during the Covid-19 pandemic
Self-scanners—like this one at an Amazon Go Grocery in Seattle—are part of a larger trend that is overhauling the U.S. job market. Photo by David Ryder/Getty Images
Here's why your presents may not arrive in time for the holidays
Supply-chain shortages will distress the global economy far beyond the holiday shopping season, says Nada Sanders, distinguished professor of supply chain management at Northeastern. Dominic Lipinski/PA Wire AP Images
What would it take to vaccinate the world against Covid-19?
In a world of 7.9 billion people, some 5.57 billion COVID-19 vaccine doses have been administered globally. But in low-income countries, only 1.9% of the population has received even one dose. At the root of that vaccine inequity, say Northeastern experts, is an issue of who is calling the metaphorical shots and why.
The COVID-19 crisis in India could cause a global economic chain reaction
If COVID-19 continues to surge in India, businesses and economies globally could see ripple effects soon.