07 October, 2014
What 50 Years of Bullet Trains Have Done for Japan - The Atlantic
What 50 Years of Bullet Trains Have Done for Japan - The Atlantic: What they concluded is that one of the bullet train’s key benefits to companies is its ability to unite firms and suppliers. In Japan, the median distance between a firm and its supplier or customer is about 20 miles, and usually, only the most profitable companies can afford to invest in scouting out suppliers across the country. Fast trains can level out that advantage, allowing even small firms to make deals with faraway suppliers and still be assured of quality. In other words, it might be the difference, at least for a Japanese food company, between sourcing eel from Tokyo’s enormous Tsukiji fish market and getting it from the smaller town of Hamamatsu, where it’s a local specialty.