Infographic: Zodiac Aerospace, Factory Fires and Supply Chain Risk | Elementum

Infographic: Zodiac Aerospace, Factory Fires and Supply Chain Risk

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What do factory fires and explosions mean for a supply chain, and how can supply chain managers deal with these low-frequency, high-risk scenarios? Our infographic explains.
 

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In the past two months, there have been over 50 factory fires and explosions. Most recently, an explosion at a Zodiac Aerospace factory wiped out production, posing risks to the supply chains of Boeing and Airbus. In the past, factory fires have bankrupted suppliers and cost companies millions of dollars (think LM Ericsson’s $400 million loss after a lightning bolt took out a factory). Take a look at our infographic, which examines the impact of factory incidents on supply chains. How can supply chain managers understand and mitigate the risk certain weak links pose? 

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Elementum News Desk

Elementum News Desk

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