It would be easy to think of supply chains as a purely modern phenomenon. We think about Global logistics networks that leverage digital platforms using AI and predictive analytics and provide real time monitoring of package locations and conditions. It is absolutely amazing what is possible today – despite the challenges that persist…
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This Week in Business History for May 31st: 18th Century Supply Chain Disruption- The Boston Port Act
Over the last few years, we have seen ports closed for labor strikes, COVID, and the Ever Given getting stuck sideways in the Suez Canal. Every time a port is closed, it disrupts the flow of materials for a whole region and creates hardships for vast areas and communities that count on that port to supply them with all kinds of things. But can a closed port be a…