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Dubai Chamber: UAE’s Logistics Sector Plays a Key Role in Global Efforts to Overcome COVID-19 Pandemic
UAE’s status as a vital global logistics hub is helping the global community effectively navigate the coronavirus pandemic – according to a new Analysis by Dubai Chamber of Commerce and Industry.
Titled ‘UAE Logistics Sector – Connectivity and Resilience,’ the Analysis highlights the country’s busy air cargo routes, high maritime freight connectivity, well-established warehousing network and strong logistical system as key elements
Helping the Supply Chain Rebound from COVID-19
In the wake of COVID-19, how can companies increase the resilience in their supply systems? What are forever changes that companies need to adapt to, to ensure long-term success?
The World Economic Forum, in collaboration with Kearney, asked C-level executives from different industry sectors how they are responding to the COVID-19 crisis.
Four Key Steps for Navigating Supply Chain Disruption
Supply chain disruptions caused by black swan events are by nature unforeseeable events that can be utterly catastrophic. Due to their destructive potential, these unfortunate events justifiably draw attention to how critical supply chains are to sustaining business success and essential daily functions. Unfortunately, they also draw attention to how vulnerable supply chains tend to be when faced with sudden adversity.
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Supply chain management during the crisis
Oil and gas companies operate in dynamic and complex environments, where they face constant challenges especially in terms of supply and demand. With oil prices at historic lows and CoVID 19 supply chain disruptions, the time has come to evaluate supply chain and procurement strategies, sourcing techniques and costs.
A robust supply chain is the key for retailers to deliver essential goods
With today’s current situation, meeting the needs of the on-demand economy has never been more challenging for retailers: the rapidly increasing and sudden demand for everyday goods, such as bread, eggs and even toilet paper, has created substantial worldwide shortages. While the supply chain is used to being prepared for consumption peaks during winter holidays and sales periods, the current situation creates significant challenges. With the rising volume of demand and the lack of available workforce, the supply chain must be robust and flexible to continue delivering essential goods to customers.
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Digitizing forklift operations in the warehouse
According to Grand View Research, warehouse management will be a $5.72 billion industry by 2025 — and for good reason. Warehouses are the central hubs of today’s high-speed commerce. Forklift operators form a critical arm of warehouse management, as they oversee the thousands of touchpoints of daily incoming and outgoing shipping transactions.
E-Commerce demand rises in Saudi Arabia due to COVID-19: Oxford Business Group
Restrictions on movement and trade as a result of the Covid-19 pandemic have led to a significant shift in consumer behavior in Saudi Arabia, with locals increasingly turning to digital channels.
Worldwide, cases of Covid-19 have risen to 859,000 and 42,000 deaths have been attributed to the virus as of the morning of April 1. However, Saudi Arabia has seen relatively few infections, with 1563 cases and 10 deaths to date.
A tiny healthcare logistics firm skyrockets 425% after getting an order for 48 million COVID-19 tests (WORX)
Shares of SCWorx, a small healthcare logistics company, increased nearly fivefold Monday after it received a large order for COVID-19 tests.
Rethink My Healthcare, a virtual healthcare network, has committed to purchase 48 million COVID-19 rapid testing kits from SCWorx, the company announced Monday. The tests will be supplied over 24 weeks at about $35 million per week, according to a statement.
WERC Issues Warehouse Best Practices for COVID-19
All businesses should have a risk management plan that is frequently reviewed and updated to deal with new issues, like COVID-19. Some companies enjoy full-time coverage of this through their supplier management, procurement, loss prevention, or employee safety and health teams.
Emirates Post launches new operations hub at DXB
Emirates Post, the official postal operator for the UAE, has opened its new international operations hub at Dubai International Airport (DXB), providing global e-commerce, parcel and logistics brands a gateway to the UAE, Saudi Arabia, and regional markets and vice versa.
Saudi Arabia's Mawani signs 7bn riyals deal with SGP for Dammam port
Saudi Ports Authority (Mawani) signed a 7 billion Saudi riyal (Dh6.85bn) deal with a company backed by the kingdom's sovereign wealth fund to develop new container terminals at the King Abdulaziz Port in Dammam.