I hope everyone was warm and safe during the snow storm. Times like this is when we get to practice our personal risk mitigation skills, such as stocking up on milk, bread and water. This storm was complicated by the big playoff games and required further mitigation of additional inventory of beverages and snacks. Hopefully, everyone planned appropriately.
: This week our risks are the PP FM ( ) and Potash Corp ( ).
weekend and dumped ice and snow everywhere, especially western
Virginia/Pennsylvania and West Virginia (~40 inches) as well as Virginia, New
Jersey, Delaware, Baltimore and Pennsylvania (~30 inches). When looking at my
chemical supply chain risk map (above), the NJ/PA/DE area has a chemical
supplier concentration that requires "touching base" (solid red
While the snow is an immediate concern, . A weathermen compared the areas at risk to Hurricane Sandy. Basically, the areas that flooded and lost power during Sandy are probably vulnerable during this storm. The weatherman did make it a point that Jonas would not be as impactful as Sandy, just similar in the areas impacted.
My interpretation is that if you had suppliers impacted by Sandy, prioritize those suppliers on your "touch base"list.
Potash Corp suspended operations at its Piccadilly location this week due to weak fertilizer demand. This is significant because p. In the electronics industry, the key risk is that this area has mines that produces naturally low sodium material used to make . While overall demand is weak for potash, there can be a down side too, such as shutting down the mine spec-ed into your processes. Be vigilant and watch for back orders.