Buford, GA (PRWEB) May 16, 2011
After the tragic earthquake and tsunami hit Japan on March 11th, 2011, companies around the world are affected by the catastrophe. Japan is the third largest economy in the world, according to the 2010 World Economic Outlook Database. Japan plays a vital role in the global market and supply chain, not only in its own country, but in other countries as well. The impact has forced Japan to face an economic slowdown, with outflow reaching the US and European economies. More than two months after the disaster, businesses continue to make strives towards recovery. VoiceNation prompts companies to implement a disaster recovery plan to help keep business afloat.
Japan is home to a number of key business industries, including electronics, automotive, and service. Countries around the world depend on Japan for their employment opportunities that help shape and stabilize their economy. The unfortunate disaster has created a great deal of business loss. The quake and tsunami has resulted in major infrastructure loss, financial loss, physical and human capital loss, largely impacting Japan's production and distribution segments.
Major companies have had to put a halt on production. According to BCC News, major technology firms including Sony, Canon, Panasonic and Toshiba, are facing disruption to supplies while their local manufacturing plants are down. The automotive industry has been largely hit by the quake and tsunami, disabling car plants and suppliers, resulting in parts shortages. Auto Car Exposed reported that Japan's biggest automakers, Toyota and Honda, are suffering from the loss of production of hundreds of thousands of vehicles, amounting to billions of dollars. CNN Money reports Toyota Motor took a $1.3 billion hit from the cost of the earthquake and tsunami that struck Japan, but the world's largest automaker said Wednesday (5/10/11) it is moving to resume normal production sooner than previously expected.
The Congressional Research Service gathered the following business disruptions:
~ Delta Airlines, the largest foreign carrier in Japan, is cutting capacity to and through its Tokyo hub by 15% to 20% through May and expects the crisis in Japan to reduce profits in 2011 by $250 million to $400 million.
~ A Hitachi factory north of Tokyo that makes 60% of the world’s supply of airflow sensors was shut down. This caused General Motors to close a plant in Shreveport, LA, for a week and Peugeot-Citroen to cut back production at most of its European plants.
~ Two Japanese plants accounting for 25% of the world’s supply of silicon wafers for computer chips were closed.
~ Sony Corp. temporarily closed seven damaged plants making high definition magnetic tapes, digital video discs, lithium batteries, semiconductor lasers, and optical devices. The company also suspended operations in three other plants because of electricity shortages.
As we see how the tragic tsunami/quake event has had a negative impact on the global economy, we are reminded of the importance of a disaster recovery plan. To help minimize the negative effects of a natural disaster, companies should do advance planning to have an arrangement in place. VoiceNation can help. If your business takes a hard hit, you can have peace of mind your phones will remain open for business. A live answering service will keep your managers, employees, and customers intact. Let VoiceNation protect your business so that you can focus on life's necessities.
VoiceNation, America's leader in virtual PBX and voicemail was founded in 2002 by CEO Jay Reeder and opened their Next Generation call centers in 2009. The company has grown to serve more than 40,000 customers including FEMA, Blue Cross/Blue Shield, Dell, AIG and the U.S. Coast Guard. They leverage the very latest in proprietary technology solutions in order to deliver quality call answering services at the lowest cost to their customers. To learn more about VoiceNation and their services, please visit http://www.qualityansweringservice.com/about-us.
For more information, contact:
Graham C. Taylor
1.866.766.5050, ext. 150