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Artificial intelligence, analytics, and big data are very high on companies’ list of priorities today. Image credit: Maersk | Wired

The race to future-proof the supply chain

In March of 2021, the container ship Ever Given ran aground smack in the middle of the Suez Canal. The accident blocked the maritime thoroughfare for six days, as a queue of 369 ships formed behind the beached giant, resulting in a supply-chain disaster. Sixteen million tonnes of cargo freight were delayed, and about USD9.6bn worth of trade was lost. That disruption came on top of a pandemic, geopolitical tensions, and extreme weather – a cascade of “black swan” events that created shortages, delays and disruptions for businesses and ordinary people across the planet. If the past few years have taught us anything, it is that supply chains matter—and they are not as resilient as we thought and create a disrupted world indeed.Read More »The race to future-proof the supply chain