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The global supply chain: So very fragile

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Manufacturers have spent years building low-cost global supply chains. Natural disasters are showing them just how delicate those networks really are.

By Bill Powell, editor-at-large

FORTUNE -- The image to the right is almost surreal: It shows part of a Honda auto factory in central Thailand, one of the largest in Southeast Asia, swamped under 15 feet of water, brand-new cars floating in the currents. The devastating November flooding in Thailand, which MORE


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