With the current unpredictable weather and disasters, I think companies should always consider a disaster recovery plan just in order to avoid showstopper in their operation if a disaster happens.
Thanks Dan for the link you supplied. It is sad to see human suffering, but heartwarming to see the strength in human spirit. Marc and yourself have really been helpful to bring this to our awareness. Sure this will dampen the supply chain's recovery effort, but the there is always light at the end of the tunnel.
Even I was not aware of these floods in Thailand, and certainly not aware of the impact of these on electronics manufacturers. Sadly, the media coverage has been slow this time as compared to the coverage about the disaster in Japan.
This calamity is the second worst in this year, if i remember correctly, after Japan's earthquake and following nuclear disaster. The supply chain is feeling the pinch. The natural disasters come and test the preparedness of the company so i see a silver line in the dark for the supply chain professionals.
Marc, I think for the last couple of years south Eastern Asian countries are suffering by different types of natural calamities. But, directly it hadn’t put much effect in supply chain so far. When tsunami hits Japan this year (Q1), we may though it may bring a big impact or deficiency in supply chain, but nothing happened as we expected. So I don’t think this flood can have any better impact in supply chain.
Thanks Dan, for sharing. It is interesting how little I have heard about this on the news, or even online in some of the more popular industry places.
It’s difficult to be prepared for unexpected and unpredictable global events of this magnitude, and it surprising to me how many geological disasters we have been hit with this year. Suppliers and manufacturers all over the world have had to be especially resilient.
The floods have forced the closure of factories in the country that supply crucial parts to the region. Many companies have halt their operations and they are even unsure of their condition. I watched on BBC how the floods hit the country affecting several people, it is disastrous.
The recent natural disaster will definitely shake companies supply chains around the world. Imagine China earthquake and Japan tsunami, this Southeast Asia flood is really a catastrophic event. The destructive impacts will affect not only individuals, families and communities but also economies.
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Archived Dialogues
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Euro-Crisis: What It Means for High-Tech Firms Join EBN Editor in Chief Bolaji Ojo and Contributing Editor Jennifer Baljko on Thursday, July 12, at 10:00 a.m. EDT for a Live Chat on high-tech and Europe's economic difficulties.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
While no one really can accurately predict the future, we can take guidance from another Drucker saying which is the best way to predict the future is to create it.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.
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