Most often the weather is discussed only to make polite small talk during awkward elevator rides, yet in the last one year itself the impact of bushfires, typhoons, hurricanes and other weather-related events has derailed several supply chains and wrecked havoc across the globe.
Not to alarm you but the total cost of weather and climate disasters in the last 5 years exceeds $525 billion*.
Unpredictable weather changes are symptomatic of the larger effect of increasing climate change. Every year transportation companies lose up to $3.5 million dollars due to severe weather events. These unpredictable weather events were also the reason behind a major, US based manufacturer of sleep systems, losing sleep.
With their distribution network spread across 3 key hubs the manufacturing giant was particularly vulnerable to weather changes and its impact on their multi-nodal supply chain.