Disaster Management Manual
A manual for practitioners and decision makers!
Disaster Management Manual
A manual for practitioners and decision makers!
Assessing disaster risk for the supply chain (economic resilience) is important and a great way to start assessing resilience of the system through all modes of transportation.
Asia-Pacific Economic Cooperation’s (APEC) 21 member economies are disproportionately impacted by natural disasters. Economic costs are caused by the destruction of economic and social infrastructure as well as disruptions to supply chains and the resulting loss of trade revenue.’
Supply chains that aren’t agile and cannot rapidly respond to change are often impacted most by disasters, and thus, the associated businesses experience extreme losses. These issues impact both businesses and government, and both can play an active role in mitigating supply chain risks, and thus, reducing losses. Governments can play a supporting role in helping companies cope with unexpected disasters and shocks, which will improve the resiliency of supply chains.
To address this, APEC economies have placed significant emphasis on supporting capacity building efforts to improve the resiliency and robustness of supply chains in the region. In 2013, APEC economies agreed on Seven Principles of Supply Chain Resilience, which provides an overarching framework to support APEC economies to manage and mitigate risks to the supply chain as a result of natural disasters. These principles are to:
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