Building a more reliable supply chain
MIT Technology Review·2024-03-21 11:00
In partnership withInfosys Cobalt
In 2021, when a massive container ship became wedged in the Suez Canal, you could almost hear the collective sigh of frustration around the globe. It was a here-we-go-again moment in a year full of supply chain hiccups. Every minute the ship remained stuck represented about $6.7 million in paralyzed global trade.
The 12 months leading up to the debacle had seen countless manufacturing, production, and shipping snags, thanks to the covid-19 pandemic. The upheaval illuminated the critical role of supply chains in consumers’ everyday lives—nothing, from baby formula to fresh produce to ergonomic office chairs, seemed safe.
……Read full article on MIT Technology Review
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