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MGT 492 – In reference to the October 15, 2011 BPI estate flood, Part of the global supply chain

In reference to the October 15, 2011 BPI estate flood, Part of the global supply chain disruption occurred because of a just-in-time production model and a low-cost manufacturing orientation that depends on close proximity of suppliers. Explain whether companies should become more diversified in terms of sourcing and, hence, lower risk.

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