It is not the only catastrophic event to strike supply chains in the last five years either. For example, in 2021 a six-day blockage of the Suez Canal—a narrow waterway through which 30% of global container traffic passes—added further upheaval, impacting an estimated $9.6 billion in goods each day that it remained impassable.
These shocks have been a sobering wake-up call. Now, 86% of CEOs cite resilience as a priority issue in their own supply chains. Amid ongoing efforts to better prepare for future disruptions, generative AI has emerged as a powerful tool, capable of surfacing risk and solutions to circumnavigate threats.
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