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Prepare Your Supply Chain for Natural Disasters

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Eldredge
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Supply Network Guru
Re: Disaster Prone
Eldredge   6/17/2013 9:07:04 PM
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@Tom - At least Noah had some forewarning, not to mention a recommended plan of action! Not sure we'll have that benefit.

 

 

Lily
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Inventory Controller
Everyone's Duty
Lily   6/12/2013 10:18:52 PM
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Usually, supply chain is looked as something for manufacturers. But the increasingly frequent natural disasters make everyone some murder. Due to different activities, greenhouse effect generates... which undoubtedly have an impact on natural disasters. So, everyone is responsible for supply chain. 

Ariella
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Supply Network Guru
Re: Disaster Prone
Ariella   6/11/2013 7:29:08 PM
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@Tom well, it's something, but it doesn't help you survive if you're trapped in your home or car without access to someone who will sell you the food, water, flashlights, etc. taht you would need during an emergency.

Tom Murphy
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Blogger
Re: Disaster Prone
Tom Murphy   6/11/2013 7:15:43 PM
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As a reporter for the AP back in the 80s, I heard a woman from the Geological Survey explain that everyone should have three emergency kits; one for work, one for home, one for the car.  I asked if she did.  "No," she said. "I just carry $200 at all times."

So that's another way to go. Keep a bunch of cash in your treasury -- literally a rainy day fund.

pocharle
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Supply Network Guru
Re: Electronics Supply Chain
pocharle   6/11/2013 9:13:19 AM
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That's the tough part. Either due to the rarity of less risky locations or the cost associated with not being in flood zones.

anandvy
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Supply Network Guru
Re: Electronics Supply Chain
anandvy   6/11/2013 6:06:04 AM
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Electronics Supply Chain is more sensitive to any natural disasters because of the overll complexity ofany electronic products unlike food or beverages

@electrnx_lyf, I totally agree with you. Electronics supply chain is very sensitive to any such events and moreover many electrnoics manufacturing units are located in places like Japan, South Korea which are very sensitive zones. Hence companies should start building their plants in areas which are safe and are less prone to such challenges.

anandvy
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Supply Network Guru
Re: Disaster Prone
anandvy   6/11/2013 5:57:46 AM
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The best options, I suppose, is just to have a backup plan for such instances.

@Ariella, I totally agree with you. I think best way to deal with such instances is to have a backup plan by having the business units in multiple places. Though this might increase the running cost but such plans will definitely help tthe companies by providing backup option.


elctrnx_lyf
User Rank
Supply Network Guru
Electronics Supply Chain
elctrnx_lyf   6/11/2013 5:35:58 AM
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Electronics Supply Chain is more sensitive to any natural disasters because of the overll complexity ofany electronic products unlike food or beverages. Every single component should be avaialble for the production or else the complete production has to be delayed. The risk of electronics is slowly impacting all the products whereever the use of electronics is rising like infortainment electronics is automotive. The guide to avoid the major issues is to make sure complete supply chain is assessed any higher risk suppliers shall have an alternate.

anandvy
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Supply Network Guru
Re : Prepare Your Supply Chain for Natural Disasters
anandvy   6/11/2013 5:32:30 AM
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Businesses are shifting their focus from preparing for and responding to disasters to identifying, analyzing, and managing disaster risks.

@Jennifer thanks for the post. Its good to know that companies are taking more proactive measures to face such challenges. I am sure such steps will help them to mitigate the loss caused by such events.

Ariella
User Rank
Supply Network Guru
Re: Disaster Prone
Ariella   6/10/2013 3:53:59 PM
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@Tom that's just the thing. Even if you know that something like a tornado will strike, there is little you can do about it. And even places that normally are very stable can be utterly destroyed in minutes by such natural disasters. The best options, I suppose, is just to have a backup plan for such instances. 

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