What are some notable case studies of supply chain failures?
Some notable case studies include the 2011 Fukushima disaster affecting automotive supply chains and the 2020 COVID-19 pandemic disrupting global logistics.
Can you explain how the Fukushima disaster impacted the automotive industry?
Certainly! The Fukushima disaster led to a shortage of key components, particularly semiconductors, causing production delays for major automakers like Toyota and Honda.
What lessons were learned from these failures?
Key lessons include the importance of diversifying suppliers, maintaining safety stock, and having contingency plans for unexpected disruptions.
Are there any recent examples of supply chain failures?
Yes, the Suez Canal blockage in 2021 caused significant delays and highlighted vulnerabilities in global shipping routes.
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