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While at the time, India becoming the new China did not seem to be the case, recently Apple switched some production from China to India and Boeing signed a $34 billion deal with Air India (the largest deal in aviation history totaling 220 aircraft), two events which made me research the situation again.
Table 1 : Number of recorder natural disaster events, all natural disasters. However, the most difficult to prevent and avoid are Rapid onset natural disasters, such as the gigantic Tsunami of 2004, in Japan, that caused many deaths. Table 2 : Number of Annual Deaths from natural disasters, by Decade. A few statistics about Disasters.
While a number of factors are doubtless contributing to the Kmart demise, only a minor amount of analysis is required to identify supply chain misalignment as being one of the primary issues, which the company has never managed to correct. The Failing Kmart Business Strategy. The first Kmart store opened way back in 1962.
However, we saw similar supply chain outages associated with the 2004 Tsunami in Thailand, Hurricane Katrina in 2005, and Japan’s earthquake and Tsunami in 2011. All these events caused major supply chain disruptions to some of the biggest brands in the world. Superstorm Sandy was uniquely catastrophic.
I remember speaking a few years ago with Art Mesher, Descartes’ CEO from November 2004 through November 2013, and he attributed the turnaround to Descartes’ shift from a “culture of selling” to a “culture of serving.” Descartes, in short, is alive and well. Takeaways from Evolution 2019.
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