Long Pause for Japanese Industry Raises Concerns About Supply Chain
Japan’s vaunted “just in time” approach to business has become “wait and see.”
Much of Japan’s industry seemed to remain in a state of suspension Wednesday, as the devastation from an earthquake and tsunami, combined with fear and uncertainty over the nuclear calamity, made it difficult for corporate Japan to think about business as usual.
And that has left many overseas customers and trading partners in something of an information vacuum, unsure how soon the effects of any supply-chain disruptions would make themselves felt — and how long they might last.
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Source: New York Times
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