This is your weekly supply chain bulletin from B2BE for the week starting 5th June 2023.
Each week, we bring you a rundown of the latest trends in the news from across the supply chain industry. We cover the issues most important to you, bringing you useful links to the full articles. This ranges from news on various supply chain disruptions to strategies to lessen the damage. We also include other relevant supply chain related updates. If you missed it, you can read last week’s supply chain bulletin here. Read on to see what’s making the news this week.
Credit Suisse initiates repayment of Greensill funds to UBS
Credit Suisse has initiated the repayment process of the Greensill funds to UBS, according to the article. This move comes after the collapse of Greensill Capital, a supply chain finance company with significant ties to Credit Suisse. The repayment marks a step in addressing the fallout from the Greensill crisis and the subsequent financial impact on Credit Suisse. The repayment process is part of Credit Suisse’s broader efforts to manage the fallout from the Greensill crisis and mitigate the associated financial risks. The article emphasizes that these developments are crucial in restoring stability and confidence in Credit Suisse’s operations and reputation.
The importance of proactive risk management when it comes to a supply chain crisis
The article argues that in today’s world, there are no longer any truly unexpected disasters. It highlights how the interconnectedness of the global economy and the rapid dissemination of information through technology have made it possible to foresee and prepare for potential crises, including the supply chain crisis caused by the Covid-19 pandemic.
The article emphasizes the importance of proactive risk management and disaster preparedness in both the public and private sectors. It discusses how organisations need to adopt a forward-thinking approach to identify and mitigate risks, rather than reacting after a disaster has already occurred.
Significant drop in UK diesel prices promises potential savings for logistics and businesses with supply chain
According to the article, diesel prices in the UK have experienced a significant drop of nearly 12p per litre. This decrease is attributed to a decline in global oil prices and increased competition among fuel retailers.
The article highlights the potential impact of lower diesel prices on the logistics industry. As diesel is a major expense for transportation companies, the reduction in fuel costs could lead to substantial savings and improved profitability. It may also result in reduced transportation costs for businesses, potentially benefiting consumers through lower prices for goods and services.
London set to host premier supply chain and procurement event
London is preparing to host a prominent supply chain and procurement event, bringing together industry leaders and experts to address key challenges and opportunities in the field. The event will serve as a platform for networking and knowledge sharing, focusing on topics such as digital transformation, sustainability, logistics, and supplier relationship management. With professionals from various sectors expected to attend, the event aims to promote collaboration and innovation in London’s growing role as a global supply chain hub.
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