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It’s not even the only catastrophic event in the last five years that has attacked the supply chain. For example, in 2021, the blockage of the Suez Canal for six days (a narrow channel through which global container traffic flows) was intensified, affecting an estimated $9.6 billion in goods every day.
These shocks were calm wake-up calls. Currently, 86% of CEOs cite resilience as a priority issue for their supply chain. In a continuous effort to better prepare for future disruptions, generative AI can emerge as a powerful tool, emerging risks and solutions to orbit threats.
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