Sunday, May 15, 2011

Shortage of Canon cameras - latest

Good article in the Wall Street Journal about Canon's problems after the Japanese earthquake.

The quake is forcing Canon to rethink its entire procurement strategy, says the WSJ

Before the quake, said Chief Financial Officer Toshizo Tanaka, "we believed that having a single supplier (for each component) made more sense for us,". But, he told the newspaper, the quake has proved that the company needs to look for multiple sources for some raw materials.

READ THE WALL STREET JOURNAL ARTICLE HERE

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