"Applying COVID Supply Chain Lessons to Minimize Impact from Red Sea Conflict"
Houthi rebels' attacks on commercial ships in the Red Sea are causing disruptions to the global supply chain, leading to rerouted vessels and increased costs for industries such as petroleum, food, and electronics. Experts are drawing on lessons from past disruptions, including the COVID-19 pandemic and the Suez Canal blockage, to mitigate the impact. Shipping companies are rerouting around South Africa to avoid the conflict zone, and manufacturers are adapting by adding slack to their inventories and considering reshoring. The situation remains uncertain, with the hope for a diplomatic resolution to the conflict in the region.