Articles

June 2023

If You Don’t Quantify Risk, COVID Didn’t Teach You Anything

If You Don’t Quantify Risk, COVID Didn’t Teach You Anything

No one would argue after the events of the past three years that supply chains aren’t broken. Wild discrepancies between supply and demand resulted in a crazy roller coaster effect that vacillated between too much inventory and empty shelves. Billions of dollars of goods sat for weeks or more on transatlantic barges while consumers cashed their stimulus checks, ready to spend. 

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