Part 2/14:
Ganesh opened with a vivid recounting of the 2021 Suez Canal blockage involving the Ever Given ship. This incident, which lasted over a week, obstructed a critical global shipping route, causing a backlog of over 400 vessels and disrupting supply chains worldwide. Ganesh emphasized how such geopolitical and infrastructural disruptions highlight the importance of proactive supply chain planning and resilient logistics.
He explained, “The entire supply industry was hung for more than a week, impacting raw materials, medical supplies, and consumer goods.” This example underscores the fragility of supply networks and the necessity for robust data systems that can provide visibility, prediction, and quick response capabilities.