The Suez Canal Blockage garnered enough eyeballs in the past few weeks, and supply chains became the trending topic across all platforms. The huge Ever Given container ship may have been removed from the Suez Canal, but its impact is being felt across global supply chains.
As carriers had to choose between wait & watch or reroute their shipments, a lot was lost in terms of money, time, and information. Supply chains are like the arteries that feed the heart of the industry. The blockage presented itself as a disaster, especially with the pandemic’s aftereffects and an already constrained ocean freight landscape.
Having visibility across your supply chain can help ensure transparency and agility when unexpected disruptions occur and are integral to build a robust Supply Chain Risk Management System to handle such contingencies.
How did global companies react to this crisis? What was the impact on their strategies, and how did the CXO’s respond to the scenario? What were the effects on the customers and their cargo?
Join us as we try to decode the present ocean visibility landscape and how such an unprecedented event can be better managed with the power of data in conversation with SAP and p44.
Also, here's a roundup of the major take-aways from this session in the blog named Catching the Wave of Ocean Visibility in Global Supply Chains.