Once again, the Suez Canal has been blocked. The last Suez Canal crisis was proven to be a disaster as disruptions surged in a global supply chain already strained under the ongoing impact of the pandemic. How can they be better prepared?
Yet again, boats have been blocked from entering the Suez Canal. While the disruption was brief this time, it raises the question, could we have been better prepared?
This disruption must act as a wake-up call. Knowing the weak link is already half the battle, it’s time for supply chain leaders to gear up, build resiliency and rethink their supply chain management.
It’s clear: supply chain leaders must look towards investing in technology, such as process intelligence. This will enable them to gain visibility into their processes that can expose delays, shortages or even assess vulnerabilities that can be remediated before they occur – this is crucial to avoiding another supply chain disruption.