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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

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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.

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© 2012 Adrian E. Coronado Mondragon and Christian E. Coronado Mondragon

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Mondragon, A.E.C., Mondragon, C.E.C. (2012). The Effects of Low-Probability, High-Impact Events on Automotive Supply Chains: Black Swans and the 2011 Earthquake-Tsunami Disaster that Hit Japan. In: Ciravegna, L. (eds) Sustaining Industrial Competitiveness after the Crisis. Palgrave Macmillan, London. https://doi.org/10.1057/9781137010988_5

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