Professor Richard Wilding is interviewed and quoted by "Procurement Leaders Magazine" on "After the flood - lessons from Thailand".  How good is your supply chain risk management? 
http://www.procurementleaders.com/news/latestnews/0511-lessons-from-thailand/
Extracts from article - "Analysis - After the flood - lessons from Thailand"

The need for a basic level of preparedness is vital, says Richard Wilding, professor of supply chain strategy at Cranfield School of Management.

"It's not difficult to look at maps which show risk areas for floods, earthquakes and other natural disasters," he says. "But the evidence is that the vast majority of companies don't consider such things: they look at technology capability, at labour costs, and at transport infrastructure."

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And such before-the-event planning is important, stresses Cranfield's Wilding, drawing on his experiences ..........

"When the flooding looked likely to affect production, one business picked up the phone and moved work to China," he notes. "But that was only possible because the product in question-textiles-lent itself to the move, and the relationships were in place. Electronics and engineered products are tougher, and it's best to build supply chain resilience in from the start, rather than after something has happened."


 


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