Black Swan Events

Black Swan Events are typified as unprecedented, unexpected disasters/disruptions which can greatly impair a business's supply chain operations. Black swan events go beyond regular expectations of a typical disruption, are extremely impactful and typically explained after the event's occurrence. Black Swan Events can range from natural disasters to man-made events that can affect any node of a supply chain. Although Black Swan Events are often unexpected, analysts can determine in hindsight that the event was bound to happen, shedding light on preexisting supply chain vulnerabilities. Black swan events can range from natural disasters to severe man-made incidents.

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