Supply Chain Disruption
mikebeazy323
SUPPLYCHAINDISRUPTIONTEAMBWK4.pptxSUPPLY CHAIN DISRUPTION
SMALL MOLECULE – POSSIBLE RISKS
NATURAL DISASTERS – EARTHQUAKES, HURRICANES, OR TORNADOES – These disasters can cripple the infrastructure causing major problems through the supply chain end-to-end
CRIMINAL OR TERRORIST ACTS – MASS SHOOTINGS, BOMBIMGS, ETC – Acts that stop the movement or transportation of products or services
Natural disasters can ruin your supply chain network creating breaks in communication or actual pickup or delivery schedules. The same can be said for places with heinous acts like shootings or bombings of certain areas can also create a slowdown if your supply chain is located in the affected areas.
SMALL MOLECULE – POSSIBLE RISKS
SUPPLY CHAIN DISRUPTIONS & FAILS – RISK PROPAGATION – Disruption and fails that cause other links or nodes to fail.
Product 3D – printing – With foreign suppliers technology is not the same everywhere which can create a problem with packaging labels
When evaluating possible risks to a supply chain it is clear to see that all risks have the capabilities to stop or slow a companies physical, information and financial flow. Anytime there are challenges in the supply chain for any reason the forward flow of products to consumers takes a detour or stops creating problems. Learning how to anticipate and adjust to the changes is key surviving in any industry especially with divisions outside of the home country. When your supplier may have technology problems one can turn into three or four problems creating chain reaction or risk propagation. 3D printing for products is very important and must be correct information, any wrong information on the labels can create financial problems from changing the mistake or having to fix the mistake publicly
REFERENCES
Kidd, A., & Sciacchitano, J., (2015, October 30). How 3-D printing could disrupt your supply chain. Industry Week , n/a.
Tang, L., Jing, K., He, J., & Stanley, H.E., (2016). Robustness of assembly supply chain networks by considering risk propaganda and cascading failure. Physica A, 459 , 129-139.
