Not welcome news for the electronics industry, or the people affected. Flood waters do a great deal of damage, and the longer it is before they recede, the worse the cleanup becomes. Hope they are able to get back to normal qucikly.
I am partners with one of the companies you've mentioned in this article, and they did indeed communicate to me that the floods were causing them to essentially suspend all their manufacturing efforts there and as a result, all their marketing plans as well. Horrible timing for them as it derails their holiday season efforts.
But I'm a little surprised at how little mainstream media coverage these floods are getting. Had I not worked in electronics, I'm not sure I would have known anything was going on. I was also unaware of the human toll of this disaster, truly this seems like a much more significant tragedy to me now that I know that literally hundreds of lives have been lost.
Anyhow, thank you for the report, Marc, and you've motivated me to try to find out more about this unfortunate situation.
A flooded building doesn't get cleaned out quickly even if water recedes in a day or two. There's all kinds of bacterial and fungal issues afterwards. I'm curious: what are the safety standards like in the areas affected by the floods?
It is devastating to see the poor people in this area struggling with the floods. So many have died and many have lost everything they own.
After what happened in Japan with the tsunami, these floods could not have come at a worse time. I hope the people and companies in the affected areas rebuild and recover as soon as they can.
Here in India also there is hardly any coverage on TV or in newspapers about these floods. From thhis blog it appears that the disaster is quite big in natureand in such natural disasters saving the huan life is the top most priority, everything else is put on the back burner.
Since Thialand is not a country as advanced as Japan it may require a lot of international help and support to come out of this situation and restore normalcy in the day-to-day life and the affected businesses
"I hope the people and companies in the affected areas rebuild and recover as soon as they can."
The country's economy will be affected for sure as many businesses will have to close for a while. Even though some factories are still in operation, disruptions in supply chain will affect production. The best we can hope for is that the country could revover as fast as possible.
The hard disk drives factories located in Thailand have suspended their activity. That is the case of Seagate Technology who has warned that a disruption in its supply chain could affect production.
"As a result of the disruption caused by the floods, Seagate anticipates hard drive supply will be constrained throughout the current quarter," the company said in a statement on Wednesday." reports John Ribeiroin his blog.
I had to search for news about this flooding. The main news has nothing about it, but it will affect global economy through interrupted supply chains and import export not even looking at tourism.
More than supply chains are affected. According to http://www.latimes.com/news/nationworld/world/la-fg-thailand-floods-20111023,0,5846621.story "The government raised the death toll to 356 from Friday's 342. Two others are missing. An estimated 113,000 people have been displaced and are living in shelters. And the nation has suffered $3.3 billion in economic damage, a figure that could double if Bangkok is swamped"
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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