Volcano eruption – a new ‘unknown-unknown’ on the list of root causes of supply chain disruptions
In most of the courses I teach I include a session on “supply chain disruption”, exploring with students the potential impact of events that cannot be categorised as mere fluctuation in demand/supply.
The list of unknown-unknown is developing fast, and to that we can now add the volcano eruption in Eyjafjallajökull in Iceland.
Today, the whole UK airspace has been completely closed for the first time, and airports are being closed in Northern Europe. This will inevitably disrupt flow of goods and materials in various supply chains. The question is not only what and how much the impact will be, the knock-on effects must also be considered.
Árni
ps. do you know of supply chain operations affected by the ash flow? I’m doing research on supply chain disruptions, and would be interested to hear from you: arni@soton.ac.uk
Hej,
Apart from my conference next week being “off” with a need to reschedule the entire conference, I also just got an e-mail from the Economist apologising for disruptions in newspaper deliveries.
Gyöngyi
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