Global Supply Chains In A Glocal World The Impact Of Covid 19 And Digitalisation
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Global Supply Chains in a Glocal World: The Impact of Covid-19 and Digitalisation by Puay Guan Goh,Mabel Cheng-Feng Chou Pdf
Exponential growth in global trade flows has forced continuous and accelerating changes to our global supply chains over the past decades. Recent events, most notably COVID-19, are envisioned to push global supply chains in further transforming and adapting. How will companies look into issues of resilience, security, and digitalisation in their supply chains? Global Supply Chains in a Glocal World aims to answer this multimillion-dollar question via a series of articles contributed by both academics and senior management from MNCs, SMEs and startups. The text revolves around various key themes, including how the global structures of supply chains are changing, and covers a wide array of industries such as food, healthcare, e-commerce, and transportation. In taking such a unique approach to provide a view of the future, academics and businesses alike will find this book a valuable resource as they navigate their next steps in an increasingly turbulent world.
Global Supply Chains In A Glocal World: The Impact Of Covid-19 And Digitalisation by Puay Guan Goh,Mabel Cheng-feng Chou Pdf
Growing global trade flows and integration has led to continuous and accelerating changes to our global supply chains over the past decades. Recent macroeconomic events, new technological developments, and most notably Covid-19, are envisioned to push global supply chains in further transforming and adapting. How will companies look into issues of resilience, security, and digitalisation in their supply chains and operations?Global Supply Chains in a Glocal World aims to answer these mission-critical questions via a series of articles contributed by academics and senior management covering different industry sectors such as healthcare, food, e-commerce, textiles, mobility, and FMCG, as well as geographical, risk management, and technological perspectives. Proffering varied views of what has happened during the Covid years and what it means for the future, this book provides academics and practitioners a valuable resource when they navigate their next steps in an increasingly turbulent world.
Supply Chain Resilience by Omera Khan,Michael Huth,George A. Zsidisin,Michael Henke Pdf
This book provides insights from research and practice in how organizations were able to sustain resilience in their global supply chains during the COVID-19 pandemic and to advance the understanding of supply chain risk management. The chapters highlight the lessons learned, insist on new models for resilience, suggest improved supply chain risk methodologies and bridge the gap between research and practice. It helps readers acquire greater knowledge, strategic approaches, new methods, and practical tools for ensuring global supply chain resilience.
Cases on Supply Chain Management and Lessons Learned From COVID-19 by Lopes, Ana Paula Pdf
In recent years, due to the increasingly aggressive market competition, it is essential to evaluate the role of logistics and supply chain management skills and applications for the success of any organization or business. The COVID-19 pandemic revealed the fragility of the sustainability of economic organization, production, and supply chains globally. Cases on Supply Chain Management and Lessons Learned From COVID-19 collects compelling case studies, theoretical and empirical research, experiences, and applications on numerous aspects of logistics and supply chain management. It not only focuses on industry and digital transformation and the critical nature of organizational agility, but also presents different methods, techniques, models, and competitive advantage prospects, providing an extremely relevant and current view of the subject matter. Covering topics such as green supply chain management, organizational performance, and supply chain disruptions, this book is the ideal reference source for managers, supply chain specialists, entrepreneurs, business professionals, consultants, researchers, academicians, educators, and students.
The Impact of the Covid-19 Pandemic on Global Supply Chains by Chris Andersen Pdf
Seminar paper from the year 2023 in the subject Business economics - Supply, Production, Logistics, grade: 5.0, Addis Ababa University, course: Master of Business Management, language: English, abstract: The COVID-19 pandemic profoundly disrupted global supply chains, leading to unprecedented economic challenges and logistical complexities. Originating in China in December 2019, the virus rapidly spread to over 210 countries, resulting in more than 100 million confirmed cases worldwide and over 2 million deaths. This global crisis triggered severe disruptions across various sectors, including high-tech industries, automotive manufacturing, pharmaceuticals, and food supply chains. Notably, companies like Apple, Samsung, and Tesla experienced production halts due to labor shortages and supply chain constraints. Additionally, the pharmaceutical industry grappled with increased demand for essential medical supplies, while the food sector faced labor shortages and transportation disruptions. The pandemic-induced shutdowns, travel restrictions, and stringent import/export controls severely hampered international logistics, further exacerbating supply chain vulnerabilities. Consequently, the crisis highlighted the intricate interdependencies within global supply chains and underscored the urgent need for resilience, sustainability, and strategic reevaluation to mitigate future disruptions effectively.
Managing Supply Chain Risk and Disruptions: Post COVID-19 by Aravind Raj Sakthivel,Jayakrishna Kandasamy,J. Paulo Davim Pdf
This book summarizes the effect of COVID-19 on the global supply chain. Eminent researchers, practitioners, and professors discuss the challenges faced by supply chain providers and supply chain strategies related to various global, retail, fast moving consumer goods, humanitarian, pharmaceutical, and agricultural supply chains. This book also suggests the resilient approach adopted by supply chain organizations for quick recovery and re-establishing their networks. This book helps the readers explore the pandemic's impact on the supply chain and rebuilding the same using suitable approaches.
Making Complex Decisions toward Revamping Supply Chains amid COVID-19 Outbreak by Dinesh Kumar,Kanika Prasad Pdf
The COVID-19 pandemic has disrupted supply chains, hence corporations must devise and realign their policies and strategies accordingly to stay competitive in this dynamic situation. This book provides tools to cope with such a scenario and to make appropriate decisions to come out unscathed. Making Complex Decisions toward Revamping Supply Chains amid COVID-19 Outbreak presents the tools and technologies needed to revamp supply chains challenged by the COVID-19 pandemic. The book presents case studies along with historical perspectives for guidance. It explores the supply chain post-COVID-19, discusses the future scenarios of new and emerging supply chains, and describes various multi-criteria decision-making (MCDM) tools used to make complex decisions so companies can stay ahead. The book also offers domain experts’ opinions and views to help organizations formulate real-time strategies. This book is written for researchers, professionals, and undergraduate and postgraduate students to provide an evidence-based cause, effect, and solution after the COVID-19 disaster.
Digitalization of Decentralized Supply Chains During Global Crises by Taghipour, Atour Pdf
During global crises, apart from humanitarian concerns, at the economic level, supply chains around the world can be impacted. These crises can cause huge uncertainties in both the supply and demand parts of supply chains. On one side, the demand for some products and services can be reduced. On the other side, manufacturers around the world are facing shortages of supplies of raw materials and parts because of interruptions in production, disruptions to transportation, and labor shortages. In this context, organizations start to re-examine their production and service systems based on digitization of operations to not only mitigate the risk but also to build a resilient supply chain while continuing to reduce costs and maximize profits. The question that can be asked is how the decentralized supply chains can integrate new technologies to compete in a risky environment in global crises. Digitalization of Decentralized Supply Chains During Global Crises provides new approaches of digitalization of decentralized supply chains and industries to help researchers, educators, consultants, and practitioners deal with global crises and improve the global performance of supply chains. Important topics covered include blockchain, internet of things, 3D technologies, and Industry 4.0 technologies within the context of digital supply chains. This book is important for supply chain managers, manufacturers, producers, logistics personnel, economists, practitioners, stakeholders, researchers, academicians, and students.
Supply Chain Resilience by Sebastian Kummer,Tina Wakolbinger,Lydia Novoszel,Alexander M. Geske Pdf
Every global crisis highlights the strategic importance of industrial and non-profit supply chains for society. In terms of coping with unforeseen and unpredictable events, supply chain resilience enables the parties and networks involved to stay successful during and after the disruption. Furthermore, a resilient supply chain contributes to the sustainable competitive advantage of the entire value chain. Written by scholars and practitioners alike, this book not only puts forward a new framework for resilience in supply chain management, but also presents best practice cases from various areas and industries. As a particular highlight, it includes a Delphi study that gathers state-of-the-art insights from supply chain leaders. In addition to practical approaches, methods and tools, the book also offers food for thought on the future of supply chain resilience. As such, it offers a valuable resource for current and future managers in the public and private sector, as well as researchers and students engaged in this field.
Digital Supply Chain, Disruptive Environments, and the Impact on Retailers by Ehap Sabri Pdf
With the world having been plunged into uncertainty during the COVID-19 pandemic, a critical issue for senior management is stabilizing their supply chain to a consistent flow of components and materials. Even before the advent of the COVID-19 pandemic, supply chain complexity had been an increasingly "hot" topic. Add to that the complexity of new tariff restrictions, port congestion, regional conflicts, and geopolitical events and disruptions due to international conflict, and it is apparent that securing access to materials and critical resources is not without difficulty, and forecasting demand is even harder. Digital Supply Chain, Disruptive Environments, and the Impact on Retailers brings together the field's latest best practices on digital supply chain enablement, giving business professionals a comprehensive framework to ensure successful supply chain business transformation programs. Covering topics such as business planning, digital transformation, and volatile demand, this premier reference source is an excellent resource for managers, directors, vice presidents, supply chain executives, IT directors, consultants, students and educators of higher education, librarians, researchers, and academicians.
Reshaping Global Value Chains in Light of COVID-19 by Paul Brenton,Michael J. Ferrantino,Maryla Maliszewska Pdf
Global value chains (GVCs) have driven dramatic expansions in trade, productivity, and economic growth in developing countries. This book examines the impact of the COVID-19 pandemic on GVCs and explores whether they can continue to be a driver of trade and development. The report reviews previous crises and what these tell us about the resilience of GVC firms to shocks. It examines the observed impact of COVID-19 on trade during the sharp global recession of 2020. It summarizes discussions with GVC firms on the impacts of, and their responses to, the COVID shock. GVCs showed surprising resilience, but the rapid recovery raised new issues with supply chains. The book then explores simulations from a global economic model of the potential longer-term impacts of COVID-19 on developing countries and other key factors shaping the global economy, including the evolving role of China, increasing trade restrictions and policy responses to global warming. The analysis shows that while there are risks associated with GVCs, especially those concentrated around key nodes and where opportunities to find alternative suppliers or buyers are limited, there are mechanisms by which GVCs maintain trade relationships during a crisis, paving the way for a strong trade-led recovery. Measures are identified that can enhance the resilience of GVCs in low-income countries. This report finds that policies that maintain and enhance trade can contribute toward crisis management and recovery. Attempts to reshore production would make all countries worse off, including those that implement them, and could drive 52 million people, mainly in Africa, into extreme poverty. Measures to meet climate change commitments will have more profound impacts, leading to a shift away from carbon-intensive GVCs, while new opportunities for trade will arise in GVCs that are less carbon intensive.
Global Supply Chain and Operations Management by Dmitry Ivanov,Alexander Tsipoulanidis,Jörn Schönberger Pdf
The third edition of this textbook comprehensively discusses global supply chain and operations management (SCOM), combining value creation networks and interacting processes. It focuses on operational roles within networks and presents the quantitative and organizational methods needed to plan and control the material, information, and financial flows in supply chains. Each chapter begins with an introductory case study, while numerous examples from various industries and services help to illustrate the key concepts. The book explains how to design operations and supply networks and how to incorporate suppliers and customers. It examines how to balance supply and demand, a core aspect of tactical planning, before turning to the allocation of resources to meet customer needs. In addition, the book presents state-of-the-art research reflecting the lessons learned from the COVID-19 pandemic, and emerging, fast-paced developments in the digitalization of supply chain and operations management. Providing readers with a working knowledge of global supply chain and operations management, with a focus on bridging the gap between theory and practice, this textbook can be used in core, specialized, and advanced classes alike. It is intended for a broad range of students and professionals in supply chain and operations management.
Handbook of Research on Promoting Logistics and Supply Chain Resilience Through Digital Transformation by Masudin, Ilyas,Almunawar, Mohammad Nabil,Restuputri, Dian Palupi,Sud-On, Ploy Pdf
Adoption of new technologies in logistics and supply chain processes is crucial for the continued effectiveness of supply chains. Technology has the potential to address the issue of logistics and supply chain visibility throughout the supply chain, from raw materials through manufacturers and end users. When properly implemented, improved forecasting of inventory levels, employee productivity, adequate accountability, and higher warehouse savings are all possible. Additionally, businesses must upskill their supply chain workers and recruit and manage digital talent in cross-functional teams. The Handbook of Research on Promoting Logistics and Supply Chain Resilience Through Digital Transformation discusses the ways in which global logistics and supply chains have been severely disrupted by digital technology transformation. The book helps policymakers in designing a resilient framework that can absorb external shocks like the COVID-19 pandemic and also enhances the performance and operational capability of the logistics and supply chain network. Covering topics such as oil and gas maintenance support, stakeholder management, and business optimization strategy, this major reference work is essential for logistics professionals, business leaders and executives, IT managers, government officials, manufacturers, students and faculty of higher education, librarians, researchers, and academicians.
Covid-19 and International Business by Marin A Marinov,Svetla T Marinova Pdf
The Covid-19 pandemic has induced a crisis grasping the world abruptly, simultaneously, and swiftly. As a critical juncture, it ignited a change of era for international business. This book illustrates how governments have dealt with the pandemic and the consequent impacts on international business. It also explores the disrupted operations and responses of businesses as their worldwide interconnectivity has been seriously threatened. The book discourses multidirectional aspects of the effects of Covid-19 on international business, ranging from the juxtaposing forces disrupting globalization and installing a change of era through decoupling of technological, production and knowledge flows to its stimulating aspects to the strategic response on business, industry and state level. The book contains thirty chapters that offer a multidimensional interpretation of impacts of Covid-19 on international business theory and practice. Employing the latest state of knowledge on the topic, the book is aimed at international business audience - scholars, students and managers who need to understand better the nature, scope and scale of the impacts of the pandemic on international business.
Much has been written about Covid-19 victims, how scientists raced to understand and treat the disease, and how governments did (or did not) protect their citizens. Less has been written about the pandemic’s impact on the global economy and how companies coped as the competitive environment was upended. In his new book, "The New (Ab)Normal", MIT Professor Yossi Sheffi maps how the Covid-19 pandemic impacted business, supply chains, and society. He exposes the critical role supply chains play in helping people, governments, and companies to manage the crisis. The book draws on executive interviews, pandemic media coverage, and historical analyses. Sheffi also builds on themes from his books "The Resilient Enterprise" (2005) and "The Power of Resilience" (2015) to enrich the narrative. The author paints a compelling picture of how the Covid-19 virus is changing many facets of human life and what our post-pandemic world might look like. This must-read book helps companies to redefine their business models and adjust to a fast-evolving economic landscape. The stage is set In Part 1 of the book, “What Happened,” the author looks at how companies fought to mend the global economic fabric even as the virus ripped more holes in it. Part 2, “Living with Uncertainty,” views the crisis through a supply chain risk management lens derived from Yossi Sheffi’s previous books. This perspective shows how companies create corporate immune systems to quickly recognize and manage large-scale disruptions. The ongoing pandemic is creating a new normal in life, work, and education—covered in Part 3, “Adjustment Required.” Consumer fears about the contagion as well as government mandates require businesses in industries such as retail, hospitality, entertainment, sports, and education to create “safe zones” for workers and customers. Many elements of the book – especially in Part 4, “Supply Chains for the Future” – show how the virus accelerated preexisting trends in technology adoption. China was the epicenter of the pandemic; it also was the first nation to be disrupted and recover. Part 5 of the book, “Of Politics and Pandemics,” explains why reports that companies are abandoning China in favor of other offshore manufacturing centers do not reflect reality. Fundamentally, The New (Ab)Normal is about businesses trying to create a better future in a time of extreme uncertainty – a point emphasized in Part 6, “The Next Opportunities.” The outlook is not necessarily gloomy. The advance of technology is accelerating, a trend that can level the playing field between small and large companies. Nimble small businesses are using a growing array of off-the-shelf cloud computing and mobile apps to deploy sophisticated technologies in their supply chains and customer interfaces. The New (Ab)Normal Another new normal is working from home. Remote working enables individuals to live anywhere and companies to recruit talent from anywhere. Education, especially higher education, faces a major disruption (and major opportunity) that is likely to shake the high-cost model of in-person education in favor of online or hybrid education. Regrettably, the book recognizes one trend accentuated by Covid-19--the growing inequality, and anticipates that the new normal will be more stratified.