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Robert J. Bowman: Another disaster, another supply chain disruption — Will we ever learn?

from SupplyChainBrain

The 2000 movie "Memento" features a character who's suffering from an extreme version of short-term memory loss: He can't remember anything that happened to him more than 15 minutes ago. I wonder whether global manufacturers are cursed with the same condition. How else to explain the fact that so many of them were caught short by Japan's earthquake and tsunami? I don't mean that they were unable immediately to shift their sourcing to other countries without any interruption to their supply chains. That would be too much to ask. I'm talking about the lack of any workable risk-management strategy at all. more


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