Disaster driven product supply chains

An article in Bloombergbusinessweek (February 18,2013) describes the cost of global disasters as $200 billion in 2012, while the earlier decade has an annual cost of $187 billion, caused by earthquakes, tornadoes, tsunamis etc. Given predictions that climate change will further increase these costs, the demand is for sandbags that can be inflated in minutes with water, portable solar panels, tents, pack of chili that just requires addition of water to heat etc. But how should these supply chains be set up to provide prompt availability while minimizing up front payments ? How should supply chains be managed to prevent price hikes during shortage of items following an emergency ? How should the government funding of these options be coordinated with private sector planning to generate supply chain efficiency for disaster products ?

About aviyer2010

Professor
This entry was posted in Operations Management, Supply Chain Issues and tagged , , , , , , . Bookmark the permalink.

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