A month has gone by since the Ever Given—the 1,300-foot cargo ship that ran aground and blocked for nearly a week one of the busiest waterways in the world—was freed. But for many industries, the ripple effects will continue to batter global supply chains for weeks to come, absent having in place a sound supply chain risk management program.

On March 23, the Ever Given became horizontally wedged in Egypt’s Suez Canal before being dislodged six days later. According to tracking data from Lloyd’s List Intelligence, 372 vessels were stalled waiting to transit the canal.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...