| Summary: | In recent years, the world witnessed many unpredictable disasters. According to two independent studies, Centre for Research on the Epidemiology of Disasters (www.cred.be) claimed that the number of natural and made-made disasters has increased greatly over the last 10 years. Munich Re (www.munichre.com) reported that the average cost of these disasters has increased by a magnitude of 10 since 1960s.
After the trauma of each disaster, major business disruptions are bound to follow. As many companies have strived to achieve improved financial performance, they implement many policies to reduce cost and investments in assets. These actions create long and complicated global supply chains, which are very susceptible to disruptions in a turbulent world.
From this project, the author aims to find out how to handle the risk of supply chain disruptions by implementing the correct strategies. These strategies will improve the robustness of supply chains.
The author also tried to apply his model of different supply chain strategies in South East Asia (SEA). South East Asia is now rapidly developing, with many multi-national companies setting up branches in SEA to tap on the huge labour market and also the access to cheap raw materials. The author hopes that the mentioned model will help companies to make a better decision when they are building their supply chains in SEA.
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