Link September Issue SEP 2017 fin - Page 5

Editorial I have been following extreme weather conditions in USA coastal areas for past few weeks.As of last week, Hurricane IRMA’s retail impact is estimated to be at USD 2.8 billion mostly in geographical areas of Florida and Texas of USA as reported by global business weather intelligence experts Planalytics. Cowen retail analyst reported that they are hopeful that retailers have been using weather forecasting to pre-position inventory needs and accelerate inventory flow in distribution centers. Although hurricane could be devastating in one geography of world but this is needless to say that the impact is being felt across global supply chain. Extreme weather conditions in any part of world influences commodity prices, supplier deliveries, employment and for sure touches every link on global trade chain in adverse way. it is thus needed that predictive weather intelligence be included as an agenda in managing global and local supply chains of all organizations. Kanchan R. Vora Director SCLG Kanchan R. Vora Contributing Editors Ali Al Jallaf Dr. K.M. Madrecha Ravi Subramanyam Art/Production Mary Grace Sales Production Assistant Anthony Romero Photographer Biju Advertising & Marketing The link is the official publication of Supply Chain and Logistics Group (SCLG). The opinions and views contained in this publication are not necessarily those of SCLG. Readers are adviced before acting on infor- mation contained in this magazine, which is for general use and may not be appropriate for the read- er’s particular circumstances. No part of its contents thereof may be reproduced in any form without the permission of SCLG in writing. PRODUCTION AND CONTENT CO-ORDINATION Supply Chain and Logistics Group (SCLG) P.O. Box 124907, Dubai (U.A.E.) Telephone : +971 4 2877184 Email : September 2017 5