Did major supply chain disruptions from natural disasters in 2011 really change approach to supply chain risk management?
from Supply Chain Digest
2011 was an important year in the science of supply chain risk management, due to a couple of major natural disasters that had a significant impact on supply chain performance. First was the earthquake and resulting tsunami in Japan in March of last year, which apart from the human suffering caused major supply chain disruptions across many sectors — with many companies caught by surprise. The automotive supply chain, especially for Japanese OEMs Toyota and Honda,took the biggest wallop, with parts supplies extremely constrained for months, and production and sales levels way down as a result.
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