That reminds me of a friend that saw in the news how Thailand was being flooded and he said that what would become of rice exportation? Knowing that major food that they produce is rice which is accepted world wide; and I can imagine the impact this floods would have made on food supply chain?
We can't predict when natural disasters may happen, but when it does happen, it always affects many lives severely, as these floods had already took 500 lives and left 50,000 people unemployed. The worst part, it takes years to rebuild the entire country's economic stabililty, as the floods have a big blow on it.
Thanks Barbara. I should say for the record I'm not on the scene; I'm not even in Thailand. But it is wierd how little attention this has gotten, even from those who are, in theory, able to put people right there.
Marc--thanks for your on the scene reporting. EBN continues to get inquiries about the situation and it is great to point to our own site for some of the best information available. Outside of the supply chain, this tragedy has barely been mentioned in the mainstream media. And thanks for continuing to recognize the human toll associated with the floods. I hope we never neglect--we being the collective media--never fail to remember what's really important.
While no one can completely guarantee protection against natural disasters, but it's always important to have contingency plans especially if it's disasters like flood which are likely to occur every year. I think Thailand and other places with large amounts of rainfall should seek to develop industrial areas on highlands where the damage by rains and floods is minimum.
This just casts my mind back to the rescent discussions on why manufacturers are trooping to China.
Hawk's question is important, in asking what other locations are available for manufacturers, we are also asking what other locations offer the same benefits as Thailand does, which also leads to the question: What benefits do manufacturers get from manufacturing in Thailand, and do they really have options.
I think by now we at EBN should have accepted the fact that there is more to siting a factory or outsourcing than the issue of cheap labor costs.
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.
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.
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.