A little-noticed explosion last month could disrupt the supply chain for global automakers for months, according to Morgan Stanley economist Ted Wieseman.
The March 31 explosion at the Evonik factory in western Germany, which tragically killed two, affected half of worldwide supplies for a resin essential to autoparts manufacturers. Wieseman says near-term auto sales are likely to get hit by the event, which he said has knocked the factory off line "potentially for months.
Over 70 percent of organizations recorded at least one supply chain disruption in 2010. The earthquake and its long-lasting aftershocks to global supply chains have prompted a complete rethink in supply chain management. Read Post
Everyone is still talking about the recent Japan earthquake and the ramifications it will have on your supply chain for weeks, months, and years to come. No one is talking about the fact that, thanks to global warming, forest fire s... Read Post
The world's supply chain forms the backbone of our global economy, security and health, and the risks it faces are many. What to do? We cannot plan for precisely how or when, but we can plan for the fact that disruptions will strike... Read Post