Hardware Vulnerability: How Should Startups Cope?

The supply chain vulnerability was massively exposed during COVID-19, affecting industries worldwide from car manufacturing to baby formula. This poses a real challenge for incumbents and rising startups that rely on hardware and robust supply chains. Events such as the six day freeze after a cargo ship blocked the Suez Canal in March of 2021 cost the world $9 billion dollars a day, and global trade shunted by 0.2 to 0.4 percent during the period.  The supply chain shortage can be separated into two different deciding factors: goods shortage and transportation factors.  Goods shortage can be impacted by sudden demands…...