A prerequisite to navigating supply chain risk and uncertainty: understand the industry value chain dynamics (forces), then understand your organization’s supply chain and 3rd party vulnerabilities. Here is another example of the changing landscape of Supply Chain Risk activities.
Valentine’s Day Roses Hit Unexpected Snag: Trade Boom
Top flower exporter scrambled to line up cargo planes to ensure beautiful blooms would be available at florists around the world
NAIROBI, Kenya—A logistical logjam with global airborne trade threatened to scupper the most profitable—and romantic—time of the year for one of the world’s top rose exporters: Kenya.
In recent months, the accelerating global economic recovery, a boon for blooms, has diverted cargo aircraft to more-profitable routes in Europe, the U.S. and Asia, and away from less-profitable ones in Africa.