Supply Chain failures cause Serious Damage
Like a heart-attack victim felled by poor circulation, companies who suffer a sudden blockage in their flow of products to consumers face a long road to recovery, says Vinod Singhal, professor of operations management at Georgia Tech College of Management.
“Disruptions in the supply chain devastate corporate performance,” says Singhal, who recently conducted several related studies of supply-chain failure in collaboration with Kevin Hendricks, associate professor of operations management at the University of Western Ontario. Their research shows that disruptions do long-lasting damage to companies’ stock prices and profitability and need to be more thoroughly addressed by Business Continuity planners
