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Business operations ''disrupted by bank holidays and Japanese earthquake''
12 May 2011
The continuing effects of the earthquake and tsunami in Japan and the combined impact of April's bank holidays may offer challenges to operations management professionals.
Companies have experienced widespread disruption to their supply chains as a result of the 8.9-magnitude tremor that struck the north of Japan on March 11th 2011.
The long Easter weekend and the royal wedding followed by the May bank holiday have resulted in many people having long periods of time off during the past month.
According to the Mirror, the Bank of England has expressed concern that the royal wedding break could have a substantial impact on economic growth during the second quarter of the year.
Electronics and car manufacturers have been particularly affected by the earthquake and tsunami in Japan, with supplies of parts of components affecting production and inventory control for many businesses.
According to the Bank of England, manufacturing and services output were negatively affected in 2002 by the Queen's jubilee holiday and the same impact may be seen because of the royal wedding day off.
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