Unforeseen supply chain vulnerabilities and disruptions have adverse impacts on all parties across the supply chain by altering the flow of commodities. A key reason for the disruptions and vulnerabilities is the lack of a robust framework to identify and efficiently manage supply chain risks. Without a robust risk management model, risk awareness and response […]
Introduction Japan has for a long time been known as the major source of the automotive product in the world. It holds four major automotive manufacturing plants in the world. These companies include Toyota, Mazda, Nissan and Honda. In this regard, the March 2011 earthquake that took place in Japan affected the world automotive industry
Effective supply chain management is the backbone of every successful e-commerce business. It refers to all the interlinked processes that are required to manufacture and deliver products to consumers. It involves the development of an integrated system to manage procurement, coordination and scheduling. Furthermore, effective supply chain management requires that all procurement, production, deliveries and