#SupplyChain
Australian Supplier Association Warns Of 33,000 Jobs Lost In Wake Of Producer Exits
In light of Toyota Australia’s decision to cease all manufacturing operations in Australia by 2017, the Federation of Automotive Products Manufacturers is warning that as many as 33,000 jobs in the supply chain are at risk of following the automakers out of the country.
Supply Chain Bottleneck Due In Five Years According to Study
Bottlenecks are bad things to experience. Around 70,000 years ago, the Toba supervolcano eruption reduced humanity to anywhere from 1,000 to 10,000 breeding pairs — thus creating a genetic bottleneck — alongside a global cooling event concurrent with the Last Glacial Period.
For automakers in the United States and their North American supply chain, their Toba event is coming.
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