Honda Supplier’s Tears Herald Rebirth for Japan Quake-Hit Zone

This article is about Japan's recovery from the Tsunami that hit on March 11, 2011. According to the article "The recovery was quick, when you see the scale of damage done to suppliers,” said Masatoshi Nishimoto, a senior manager at research firm IHS Automotive in Tokyo. “There’s nothing anywhere that even compares. This was the biggest disaster worldwide for the auto industry.” The biggest challenge for car companies is recovering from the loss of the smaller suppliers. Because so many small suppliers were wiped out, larger companies lost access to things such as paint color.

This article puts into perspective how much large companies rely on others. Even though large companies like Toyota can bounce back from natural disasters quickly, they are nothing without their suppliers.

http://www.businessweek.com/news/2012-03-12/honda-supplier-s-tears-herald-rebirth-for-japan-quake-hit-zone

Weston Wells