Khaberni - Dr. Maha Al-Sheikh, professor of supply chain and digital logistics support, confirmed that the rapid geopolitical developments in the region have influenced global trade movement, yet what the world is currently witnessing is not classified as a real crisis in supply chains, but as "temporary disruptions" in the movement and arrival of goods, which may later evolve if they continue for extended periods.
She clarified during her appearance on Jordan's "Royaa" TV channel that global ports are still operational, and the situation has not yet reached a stage of disruption or complete paralysis, pointing out that the term "supply chain crisis" only applies if these disruptions continue for several consecutive months.
She referred to the emergence of a new concept known as "militarization of supply chains," a result of escalating threats in vital maritime passages, particularly the Strait of Hormuz, which has led to a decline in the reliability of safe passage, and an increase in shipping and insurance costs, due to the incorporation of geopolitical risks into marine transportation pricing.
She added that countries heavily reliant on these passages, especially in their food imports, will be the most affected, not because of a shortage of goods, but due to increased costs and reliance on specific routes, necessitating a reevaluation of supply strategies and diversification of supply sources.
In a reassuring message, Dr. Maha Al-Sheikh confirmed that the markets in Jordan do not face the risk of goods shortage, and the current impact is limited, emphasizing the importance of not being swayed by rumors or rushing to stockpile food supplies, especially since the region has previously overcome more complex crises, such as the disturbances in the Red Sea, without an actual disruption in supplies.
She also pointed to economic opportunities amid these changes, highlighting the potential role of regional ports such as the Port of Aqaba, which could benefit from shifts in shipping routes and attract additional trade movement, positively reflecting on the economy and employment opportunities.
She emphasized that the biggest challenge in the coming period will not be the availability of goods but the rise in prices, predicting that the increase in insurance and shipping costs will be reflected in new trade contracts over the coming months, leading to gradual inflation waves.
She concluded her statements by affirming that managing modern supply chains requires high flexibility, adaptability to changes, and building multiple logistical alternatives, ensuring the continuity of goods flow and minimizing the impact of crises on local markets.
