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Resilient and Cost Efficient Supply Chains

Operations and Supply Chain Management

Relatively few managers have done much to protect their supply chains from critical, costly disruptions, even though they know that disasters like the 2011 Japan tsunami and Thailand floods can hit business for months, a recent MIT Sloan Management Review article notes.

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2012 Supply Chain Predictions: Is the End of the World Nigh?

Supply Chain Network

At the start of 2011, I wrote a blog (Supply Chain Risk and Charles Darwin) that highlighted 2010 as the worst on record for supply chain disruptions. Little did we know that 2011 would bring earthquakes in New Zealand, a tsunami in Japan and record floods in Thailand which, looking back made 2010 look like a cake walk.