In 2007, Nassim Taleb described black swans as highly improbable events that had dramatic or even catastrophic effects on markets and economies. Until recently, it seemed that such events were indeed rare.¹ There’s now a major rethinking with the world entering the third year of the Covid-19 pandemic, reshoring and near-shoring of supply chains, and the first major land war in Europe since World War II.

The disruptions to fragile global supply chains are becoming more the norm than the rare exception. Such dramatic and sudden changes call for faster and more-accurate decision-making, i.e., a consensus around one data-driven source of truth.

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