Business Commons^™

Humanitarian Supply Chain/Logistics: Roadmap To Effective Relief Effort, Ik-Whan Kwon, Sung-Ho Kim

Journal of International & Interdisciplinary Business Research

Between the years of 2000 and 2012, natural disasters caused 1.7 trillion dollars in damage and affected 2.9 billion people (dosomething.org). In Americas (ranked second globally in terms of natural disasters) between 2007 and 2016, disasters caused 255,033 deaths, 898,816 injuries and damages worth $470 billion (Disasters, 2017). In 2016 alone, natural disasters caused $175 billion in damage with 8,700 lives (Munich RE, 2017). The above numbers reflect the amount of physical destruction only but do not include indirect losses such as unemployment, environmental consequences, and business disruptions. Therefore, the full impact of these catastrophic events is much greater than …