Supply Chain Disruptions: Still With Us

Houthi rebels from Yemen recently attacked ships in the Red Sea, causing disruptions in global trade and affecting the Suez Canal. Shipping on the Suez Canal dropped by 20% year over year, leading to long delays and higher costs for companies. Experts suggest shifting inventory management systems and incorporating only aligned trade partners into supply chains to mitigate the impact of such disruptions on the global economy.

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FAQ: Supply Chain Disruptions - Connect CRE

Frequently Asked Questions

Supply Chain Disruptions: Still With Us - Connect CRE

1. What is the current state of supply chain disruptions?

Supply chain disruptions continue to affect various industries. Although certain aspects may have calmed down, particular segments like electrical equipment and air handling units are still experiencing issues.

2. Did the Suez Canal incident affect U.S. companies?

Yes, while the Suez Canal situation mainly impacts European trade, U.S. companies could benefit from a shift in logistics strategies due to this event.

3. What are some challenges in healthcare real estate development due to supply chain disruptions?

Healthcare real estate development is facing challenges due to ongoing supply chain disruptions. These disruptions are leading to difficulties in obtaining electrical equipment and air handling units.

4. Are there any changes to the in-bond process by U.S. Customs and Border Protection due to supply chain issues?

U.S. Customs and Border Protection (CBP) made changes to the in-bond process with a final rule published on November 27, 2017. This did not directly pertain to recent supply chain issues but is part of overall regulatory changes that can impact supply chain logistics.

5. How are supply chain disruptions affecting real estate?

Supply chain disruptions add complexity to the commercial real estate (CRE) value chain, impacting various stages from design to development and management.

6. What impact do supply chain disruptions have on advanced manufacturing in North America?

Advanced manufacturing in North America faces issues ranging from supply chain disruptions, which could influence manufacturing strategies and the ascendancy of this sector.

7. Are there any public-private partnerships for supply chain risk management in the U.S.?

Yes, there is a partnership known as the ICT Supply Chain Risk Management (SCRM) Task Force which is recognized as a leading public-private supply chain risk management partnership in the United States.

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