Recent catastrophes in Japan are spurring a reevaluation of just-in-time manufacturing.
David M. Katz, CFO Magazine
June 1, 2011
There are 5 common failures in a disaster in every company. The largest is failure to control critical supply suppliers. Most companies have have identified and verified the biusiness continuity planning of their suppliers. Today companies' own less than 15% of their supply chain. The total impact from the events in Japan,recent tornados, and floods will be in the hundreds of billions. These impacts were predictable and largely avoidable or could be greatly mitigated by advance planning and monitoring.
Posted by Jim Satterfield | June 15, 2011 11:37 am© CFO Publishing Corporation 2009. All rights reserved.