Many companies are dealing with challenges due to these disruptions while others are seizing opportunities. This chapter provides examples of affected supply chains and how they cope with the situation and outlines future open supply chain issues....
Logistics issues related to quality, payment terms and air cargo capacity became major obstacles when attaining personal protective equipment (PPE), most of which was located overseas, and other components. Pre-pandemic, around 40% of annual global air cargo (approximately 700,000 ...
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Many executives are hoping that the COVID-19 pandemic is a once-in-a-lifetime event. However, as the adage goes, “hope is not a strategy.” There are ways to stand out and better navigate the storms of the next inevitable disruption. These include reimaging your supply chain strategies...
(COVID-19) by severely restricting travel and in-person commercial activities. Here, we analyse the supply-chain effects of a set of idealized lockdown scenarios, using the latest global trade modelling framework. We find that supply-chain losses that are related to initial COVID-19 lockdowns...
Risks associated with supply chains have been a main issue for companies as they can cause serious damages to the company’s performance. Since a supply chain includes a network of related actors, a disruption in one part of the chain can significantly affect the other actors as well (Rezaei...
Supply chain disruptionCritical success factorsCOVID-19Quality function deploymentBest-worst methodThe coronavirus (COVID-19) pandemic has severely affected the supply chain all over. A major challenge for the supply chain (SC) is to address this disruption risk and bring sustainability to SC. The...
For instance, the absence of disruption-related clauses in contracts means that the recovery times and processes weren’t spelled out clearly. Lack of comprehensive supply chain restructuring: Supply network mapping is an important risk management strategy, but most businesses neglect it becaus...
Most worryingly, these new problems are emerging just as senior leaders are turning their attention away from supply-chain issues. In many sectors, there are signs that the rate of investment in digital supply-chain technologies is slowing down. Talent gaps are wider than ever, end-to-end ...
Based on the resource dependence theory, we investigated procurement-related strategies to improve medical supplies availability. We conducted semi-structured interviews with 39 procurement and supply chain management experts and derived seven propositions on buffering and bridging approaches for managing ...