The Invisible Hand, The Earthquake/Tsunami, and The Toyota Prius
This Friday, we feature a story on a lighter but fascinating subject in the laws of supply and demand. Last week, I had the chance to talk to John Sternal, who runs communications for LeaseTrader, a site that serves as a secondary…
Japan’s Tsunami Disaster Brings Commodity and Product Shortages
Based on our survey of a wide range of secondary sources, it appears that commodity and product shortages have already hit Japan and will soon spread into Asia and potentially the rest of the world. For many commodities, suppliers…
The Japanese Earthquake and Tsunamis — Supplier Management and Preparing for Supply Disruptions
After the death toll is counted in Japan and potentially other countries from the massive 8.9 Richter Scale magnitude earthquake that hit this morning and the subsequent Pacific Ocean Tsunamis, today is likely to be extremely trag…
Earthquakes Show Supply Chain Risk Extends Beyond Supplier Financial Viability
Inside many companies, the recession has caused supply risk to move from a secondary issue to a primary concern. Despite this interest, many companies are approaching the topic from a narrow scope, considering only supplier financial viability as a r…
Haiti: Disaster’s Supply Chain
If only it were simply a matter of sticking a needle into the evil supply chain
spirits hampering relief to Haiti, millions of people would
be much better off at the moment instead of begging and fighting in
the streets as aid slowly trickle…
USGS Now Embraces Twitter as Source of Earthquake Information
This time it was personal. The earthquake hit three miles from my house. It was a minor one, magnitude 3.7, but I felt it very strongly, albeit very shortly, too. Just a sudden kick in the butt, nothing more. Perhaps that’s the difference between being right above the epicenter or feeling it remotely. I jumped [...]
