Japan disaster- some worthwhile reading for procurement / business

I can't add anything much more personally to the millions of words that have been written about the situation in Japan other than sending our good wishes to everyone affected.  And of course saying to procurement people - Supply Chain Risk - if it's not high on your priority list, make it so.

Here is some worthwhile reading if you're interested.

This is a personal view of the mood in Tokyo from the Harvard Business Review.  We haven't heard much of this sort of personal but un-dramatic reporting and I found it moving and thought provoking.

Markit reports that global supply chains were already stressed in areas such as auto parts and electronic components, "where purchasing managers reported near-record supply chain delays in February, even before the earthquake and tsunami struck". That suggests disruption may be worse than we might have expected.

And here is a guest post from NPI on Spend Matters US, a quick outline of four things procurement people can consider given the way 'events' seem to be getting more common:

Yet, while incomparable to the devastation in Japan, this isn't the first time we've been reminded of such in recent months. In the last 12 months, events like the Icelandic volcano eruption and the oil spill in the Gulf of Mexico have had a far-reaching impact. Disaster preparedness has is a front-and-center business concern as today's supply chains become more susceptible to global crises and events.

That says it all really.

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