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March Madness

By Art van Bodegraven | 03/15/2011 | 10:28 AM

Cheap trick, bait and switch; this has nothing to do with the NCAA basketball tournament.  Rather, the focus is on the staggeringly horrific events in Japan - earthquake, tsunami, nuclear meltdown - with eventual outcomes that may only be speculated about at this point.  While we wait, anxieties mount, talking heads carry on endlessly - possibly mindlessly, financial markets tremble (or worse), a nation wrestles with finding a path, and the rest of the world tries to find ways to help in the face of their own concerns.

Supply chains have broken down, both domestically and globally, in the aftermath.  MIT's Yossi Sheffi pinpointed the need for comprehensive planning and the development of alternatives and mitigations in 2005's The Resilient Enterprise.  The core premise was that the likelihood of any single catastrophic event occuring is minuscule, but the likelihood of some catastrophic event is quite high.  That near-certainty demands that organizations get clear-eyed about identifying worst-case situations and impacts, then putting remedies in place.

Dr. Sheffi's focus was on supply chains and business continuity, but that addresses mere stuff.  More than stuff is at stake in the present case.  It seems that countries, as well as corporations, need to think the unthinkable, then align relationships with other nations and agencies to cope with the impact of "impossible" scenarios.  Think of these relationships as geopolitical versions of the business relationships that supply chain partners must build for success - and continuity - in the realm of stuff.

Seems like we ought to not put this off at national and regional levels.  Maybe we'll re-visit the importance of the process in our supply chains and supply chain relationships.  Perhaps we'll even consider the need for a parallel exercise in our personal lives. 

In the meantime, please don't hesitate to donate whatever you can  to assist with relief for Japan. 

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About Art van Bodegraven

Art van Bodegraven

Art van Bodegraven (1939 - 2017) was Managing Principal of the van Bodegraven Associates consultancy and Founding Principal of Discovery Executive Services, which develops and delivers supply chain educational programs. He was formerly Chair of the Supply Chain Group AG, Partner at The Progress Group LLC, Development Executive at CSCMP, Practice Leader with S4 Consulting, and a Managing Director in Coopers & Lybrand's consulting practice. Concentrating in supply chain management and logistics for over 20 years in his 50+ year business career, he has led ground-breaking strategic, operational, and educational projects for leading US and global clients. Art was principal co-author of DC Velocity's Basic Training monthly column for a decade, and was the principal co-author, with Ken Ackerman, of Fundamentals of Supply Chain Management, the definitive primer in the field. His popular blog, The Art of Art, has been a staple of DC Velocity's web site since its inception.



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