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The Effects of Low-Probability, High-Impact Events on Automotive Supply Chains: Black Swans and the 2011 Earthquake-Tsunami Disaster that Hit Japan

In: Sustaining Industrial Competitiveness after the Crisis

Author

Listed:
  • Adrian E. Coronado Mondragon
  • Christian E. Coronado Mondragon

Abstract

This chapter has the objective of highlighting the need to rethink the management of technological innovations, product complexity and modularity at a time when Black Swans — low-probability, high-impact events — can severely disrupt the operation of global supply chains. One industry sector in such need is the automotive as in the last decade this sector has experienced the adoption of a substantial number of innovations that have affected the design and production of motor vehicles.

Suggested Citation

  • Adrian E. Coronado Mondragon & Christian E. Coronado Mondragon, 2012. "The Effects of Low-Probability, High-Impact Events on Automotive Supply Chains: Black Swans and the 2011 Earthquake-Tsunami Disaster that Hit Japan," Palgrave Macmillan Books, in: Luciano Ciravegna (ed.), Sustaining Industrial Competitiveness after the Crisis, chapter 4, pages 104-113, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-01098-8_5
    DOI: 10.1057/9781137010988_5
    as

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