- ► 2008 (159)
- ► 2007 (204)
- Truck Tonnage Rates Worst Since Last Recession
- Dental Care
- Did You Loose Contact with Your Supplier This Week...
- Retailers Now Believe in Santa Claus
- Wikipedia Founder to Speak at Capella University
- Buzz Begins for Rowlings Final Book Distribution
- Xbox 360-The Warranty that Keeps on Giving is Exte...
- A Golden Mention for Our Sponsor
- Distributing People for the Holidays
- Pacific BulletProof Company Serving up Accessories...
- When a F5 strikes Your Business
- Causes of Excess Inventory
- TNT India Strays from the Pack
- Chartplotting Devices for Marine Vessels
- TourSolver Version 4 Launched by Magellan
- Carrier Transicold on Par with Refrigerated Traile...
- Collectible Swords
- Logistics Company Prosecuted For Wire Fraud and Ta...
- Take Me to InternTown
- Geico releases 'Teens and Trucks
- Johnson & Johnson subsidiary halts trial due to tr...
- Microsoft Increases Distributors to Drop a Distrib...
- Belisi Fashions Product Line Marketing Efforts
- Arrow Electronics Purchases InTechnology Distribut...
- Corporate Train Wreck on You Tube or end of Zany M...
- Bill Amelio Spreading Lenovo Love
- Barbie fights off Bratz Industrial Espionage
- UK Consumers Wising Up about Credit-What Happens i...
- Web Marketing 2.0
- Will Kohl's and JC Penney's Chase Target and Wal-M...
- Language lessons and Translation Services for Busi...
- Dick's Sporting Goods Expands Plainfield Distribut...
- Direct Marketing Solutions
- Golden State Buys Distribution Center to Grow McDo...
- Great Source for Truck Accessories
- Merger Planners Failed to Plan for Departure of Cu...
- To Ease or Not to Ease, Not an Easy Question
- Epocrates Continues to Push Distribution of Online...
- Quick Run Down of Movie Distribution Services via ...
- Making Solar Energy Sheets by the FootBall Field
- ▼ December (40)
Following a 7.0 earthquake off the coast of Taiwan this week, much of China and Southeast Asia fell off the map this week. The earthquake resulted in telecommunications lines being severed in the ocean and many firms did not realize they had lost connection with the rest of the world until the next morning as the quake occurred around midnight local time.
The episode has identified a number of areas of concern for risk planners. The break was not identified to most people for almost a dozen hours and many firms and people still did not realize the severity of the problem until over a day later.
The slow response from Hong Kong to publicize the problem and then to fix it also increased the perception of risk. In actuality a break in lines under the ocean can take upwards of seven days to repair under ideal circumstances, but after this earthquake there were many lingering problems including aftershocks that delayed the repair more.
Plus, the rerouting contingency plans proved to be insufficient to handle the demand and many companies were left without access to internet websites outside of their geographic region. Many more were unable to utilize their VOIP telephone systems and service in Taiwan is still struggling to get back up.
A deal was brokered last week to install a new fiber optic line directly from the US to China, but it will not be ready for another year almost.
This leaves many companies reassessing their risk management plans wondering how they can better protect their supply chain and stay connected through natural disasters whether they strike in Asia or in California or somewhere in between.