Supply Chain Risk Management

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5

Hazard Risk

In July 2011, a tsunami o the coast of Japan caused human tragedy on an

almost unimaginable scale, killing thousands and rendering almost a mil-

lion people homeless. Also in July, ooding in ailand forced the closure

of 9,800 factories and le more than 660,000 people unemployed. An

untold number of people around the globe were impacted by this natural

disaster, both personally and economically. In the automotive industry,

approximately 6,600 autos were not built per day. In the camera indus-

try, Nikon’s net loss of sales equaled $786 million, while Canon experi-

enced over $600 million in losses. With over 45% of all compute ...