Over the last four weeks, COVID 19 has shown vulnerabilities in the global supply chain that are not evident in a normalized environment. The healthcare supply chain is under intense pressure with a mass shortage of ventilators and personal protective equipment and an inability to quickly route products to areas of need. Similarly, the grocery supply chain is strained as consumers continually “make a run” on inventories of milk, bread, proteins, and toilet paper. While the aforementioned supply chains are vastly different, historic evidence shows the commonality is that pressure and random adversity strengthen the supply chain, the backbone of the global economy. Put another way, supply chains are antifragile.
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