A business continuity plan and an insurance program is needed in response to the occurrence of a catastrophic supply chain disruption.Brazeau, Perry RCanadian UnderwriterBrazeau PR (2006) Supply chain interruption. Can Underwrit 73(8):22–24. http...
Supply chain disruption often causes great losses to the supply chain members. Business interruption insurance can compensate for the profit loss of the supply chain enterprise's interruption and inject capital flow into the supply chain. In this paper,we assumed that there was a disruption risk in...
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Therefore, the first channel through which the pandemic has affected the global economy concerns the interruption of the supply chains, hitting what has been identified as the productive heart of the world, that is East Asia, and China in particular (Buckley and Strange 2015). In this regard,...
and optimize large parts of their environment. This means not only that reducing warehouse costs is possible, but that ordering and delivery processes are more punctual and reliable.In this case, punctuality and reliability help to ensure that supply chain management can continue without interruption....
In particular, highly open economies faced declining imports and exports because of the interruption of supply chains and insufficient transportation capacities. The combination of these factors may explain the differences in the effects of the GFC and the Covid crisis on housing prices. 4.1 The ...
However, there is a lot more to the financial stack for these companies. There are many different forms of insurance like trade credit insurance or business interruption insurance; there are cross-border payments and FX considerations; there is commodity hedging for businesses that procure raw materi...
In such a unique policy environment, the shock faced by the supply chain, the further risk spillover, and the time-varying effect under policy influence are much more valuable to analyze. Therefore, selecting China as a sample can more fully reflect the risk spillover effect of the supply ...
“This interruption of operations will add to operational inefficiencies at the terminal and in the hinterland. It will also have ramifications for carrier networks on intra-Europe and Asia-Europe services.” There could be more pain to come for shippers from port strikes. In the UK workers at...
After another year of disruption for much of the global economy in 2021, one sector that has emerged mostly unscathed - except for one high-profile collapse - is supply chain finance.