Boosting Supply Chain Resilience with AI: Addressing Global Shocks in International Trade

In the era of globalization, commerce across borders appears seamless. However, international supply chains remain vulnerable to disruptions due to unforeseen events.

Over the past five years, numerous occurrences have underscored this vulnerability. The COVID-19 pandemic, the grounding of the Ever Given in the Suez Canal, and recent cyberattacks on UK supermarkets are prime examples of such disruptions, causing shortages and price fluctuations.

In response, many businesses are turning to artificial intelligence (AI) as a means of fortifying their supply chains. Given that 86% of economists believe companies should spearhead the implementation of AI infrastructure, this strategy appears strategic for both corporate and global consumer interests.