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Spate of disasters exposes supply chain weakness

from Reuters

A string of natural disasters has exposed a vulnerability in global supply chains: How do you set up a network that is compact enough to be efficient but spread widely enough that no single unexpected event can knock it out? Business leaders at the Asia-Pacific Economic Cooperation meetings said the disasters forced them to rethink the wisdom of relying on a limited number of vendors or locations. APEC members agreed recently to develop public-private partnerships by 2012's summit so they can respond more effectively when disasters strike. more


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