Hanjin Bankruptcy Proves Need to Have Risk Management Strategy in Place | SupplyChainBrain

Hanjin Bankruptcy Proves Need to Have Risk Management Strategy in Place

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While this will obviously have an effect on current shipments (and freight costs), and potentially on shipments of imports for the holiday season, thanks to excess capacity from the great recession and building of additional capacity, "this too shall pass."

But it does give one thought as to the necessity to always have a backup plan as you never want to get caught with "all of your eggs in one basket."

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