The concept of a “known unknown” has become the reality around today’s global supply chain disruptions, which are set to continue into 2022 and perhaps beyond. Covid-19 has had a massive impact, and now the Ukraine situation is causing further uncertainty. Both extremely difficult situations also point out just how critical our supply chains are. Both Covid and the Ukraine situation are serving as a “great accelerator for many organizations: smart companies are improving supply chain strategies now that taking action has now become an urgent necessity.