ABSTRACT

Floods, earthquakes, tsunamis, tornadoes, and billowing clouds of ash from obscure volcanoes all share something in common. Over the last several years these events have been featured prominently in the news-and each has had the inevitable e©ect of disrupting the supply chains of entire industries. But these kinds of disruptions were not on the minds of Astellas Pharma executives when thieves stole a trailer from a truck stop containing $10 million of the company’s pharmaceutical products. What followed was a lesson in supply chain risk that felt like a swi§ punch in the gut.