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Supply Chain Risk Management
Setting the Stage
Floods, earthquakes, tsunamis, tornadoes, and billowing clouds of ash
from obscure volcanoes all share something in common. Over the last sev-
eral years these events have been featured prominently in the news—and
each has had the inevitable eect of disrupting the supply chains of entire
industries. But these kinds of disruptions were not on the minds of Astellas
Pharma executives when thieves stole a trailer from a truck stop containing
$10 million of the company’s pharmaceutical products. What followed was
a lesson in supply chain risk that felt like a swi punch in the gut.
When the accounta