by MIT Technology Review Insights from MIT Technology Review on (#6XYKG)
The outbreak of covid-19 laid bare the vulnerabilities of global, interconnected supply chains. National lockdowns triggered months-long manufacturing shutdowns. Mass disruption across international trade routes sparked widespread supply shortages. Costs spiralled. And wild fluctuations in demand rendered tried-and-tested inventory planning and forecasting tools useless. It was the black swan event that nobody had accounted for,...