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1、MakingSupplyChainRiskManagementaPriorityin2012byStevenHealingsEXcEpTionGroupsummary:—witheconomicdriversfocusedaroundcostandtimetomarket,purchasersareconstantlylookingattheirsupplychainstoof-ferlower-costsolutionsthatalsodeliverreducedleadtimes.seniorprocurementstaffsarenowbe-ingchalleng
2、edtolookattheriskofsupplychaindisruption.increasingly,theyarereviewingtheirpoliciesandthenumberofsuppliersisoftenbeingincreasedfromsinglesourcingtooff-settherisk.StillrecoveringfromtheimpactofJapan’stsunamidisasterinMayoflastyear,themanu-facturingindustrywasrecentlydealtanotherblowasThai
3、landsuffereditsworstfloodinginmorethan50years.TheseforcemajeureeventscausedconsiderablesupplychaindisruptionsinmanyindustriesatatimewhentheywerestillreelingfromthedisruptioncausedbyIcelandicvolcanoin2010.InThailand,specifically,drivenbygovern-mentincentives,opportunitiestolowercosts,andr
4、eaptaxrewards,manufacturingcompanieshavebeenluredtothislower-costregion,in-cludingtheprovincesborderingBangkok.TheresultofwhichisthattheareahasbecometheSiliconValleyoftheFarEast,withmanyau-tomotiveandhigh-techcompaniesnowcon-ductingalargeamountofcriticalcomponentmanufacturingthere.Sadly,
5、duringthefloods,sevenoftheindustrialestatesborderingBang-kokwereunderwater,withthousandsofpeoplebeingputoutofworkandglobalsupplychainsforsomeoftheworld’sbiggestmanufacturerssignificantlydisruptedandunderthreatyetagain.26SMTMagazine•February2012Figure1:AnaerialviewoftheChaophrayariver,Ayu
6、tthayaProvince,CentralThailand,October12,2011(Source:Ap).TheeventsinThailandhavebeenamajorturersascompaniesshutterplantsinThailandhumanitariandisaster,withover400deaths,andJapanduetocriticalcomponentshortages.onethirdofthecountryflooded,andover9Japanhassufferedindirectlyasoneofthemillion
7、peopledirectlyaffected.Ithitmanyin-largestinwardinvestorsinThailandwithoverdustriesandsomemajorcompaniesveryhard,1,800Japanesemanufacturersoperatinginthewithmorethan14,000factoriessufferingsomecountry.Ofthese,nearlyonethirdhavebeendegreeofflooding.Industrieswhichsufferedf
