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Sunday, November 30, 2014

Manufacturing Is Vulnerable to Blockbusting Hits

Manufacturing Is Vulnerable to Blockbusting Hits: "Manufacturing supply chains are the action stars of the business world. Everything depends on them, and they’re always ending up in tight spots. A natural catastrophe here, a geopolitical event there, and the next thing you know, your supply chain is involved in a cliffhanger.

In the wake of massive natural disasters in recent years, supply chain disruptions and risks have been in the news worldwide. “Manufacturing leads the way in the globalization of business,” says Erika Melander, Manufacturing Practice Leader at Travelers. “No other sector deals with so many components and sources in its supply chain, where a disruption to any single piece could derail the whole process—and the daily life of millions of people along with it.”"



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