Thailand's 2011 flooding : its impacts on direct exports and global supply chain disruptions
Date
2012-04
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Publisher
ARTNeT, United Nations ESCAP
Abstract
Recent flooding that seriously affected Thailand’s industrial manufacturers highlights the fact that prevailing just- in-time procurement and management systems have not recognized the damage that can result from supply chain disruptions, as well as the pivotal role played by building up resilience in supply chains. Vulnerabilities are particularly pertinent to the Thai economy as production plants are heavily concentrated in a few provinces. There are some approaches to managing the risks of supply chain disruptions that can build up the supply chains resilience to uncertainties.
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Policy Brief
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Keywords
SUPPLY CHAIN DISRUPTIONS, RISK MANAGEMENT, MANUFACTURING, NATURAL DISASTERS, RESILIENCE, OPERATIONAL MANAGEMENT, INTERNATIONAL PRODUCTION NETWORK, CORPORATE STRATEGY, ORGANIZATIONAL STRUCTURE, AGGLOMERATES