The 2011 Thailand floods were one of the costliest disasters in the history of Thailand. Several natural as well as human induced factors contributed towards the enhanced impacts of 2011 floods. It was estimated the total economic damage from 2011 floods was over 46 billion USD and social impacts extended to several north and all of the central provinces in Thailand (World Bank, 2012). The industrial sector was among the hardest hit with implications towards global losses due disruption in the supply chain management.
The major impacts of 2011 Thailand floods were borne by almost every sector of the economy including public and private sectors. The losses were felt all over the globe with Small and medium Enterprises inundated and disruptive supply chain management. For example, the shortages of Hard Disks in USA due to 2011 Thailand Floods. Likewise, the large-scale enterprises lost millions of dollars due to inundation of warehouses and company premises. For example, the inundation of the car manufacturing companies such as Honda in Ayutthaya province which led to submergence of several new cars at the showroom and warehouse leading to gigantic economic losses to the company.