Covid-19 pandemic’s ‘butterfly effect’ on shipping containers reveals the need to prioritise supply resilience over efficiency

Today’s is a story of instability, unpredictability, of “black swans” and serendipity (my favourite word). It is about how small changes can have big effects, and the need to give more thought to resilience over efficiency. It is about shipping and containers, and how we have, as a result of the global pandemic, found ourselves in a terrible tangle because the world’s containers are in the wrong place. Getting them back in the right place will be costly and take time. Meanwhile, global supply…

Read the original article at South China Morning Post