A structured overview of insights and opportunities for enhancing supply chain resilience
Ozlem Ergun,
Wallace J. Hopp and
Pinar Keskinocak
IISE Transactions, 2023, vol. 55, issue 1, 57-74
Abstract:
Widespread product shortages during the COVID-19 pandemic and other emergencies have prompted several large studies of how to make supply chains more resilient. In this article we leverage these studies, as well as the academic literature, to provide a review of our state of knowledge about supply chain resilience. To do this, we (i) classify the failure modes of a supply chain, (ii) quantitatively evaluate the level of resilience needed in a supply chain to achieve desired business or societal outcomes, (iii) describe a structured framework of actions to enhance supply chain resilience, and (iv) use the resulting conceptual paradigm to review the academic literature on supply chain risk and resilience. In each step, we summarize key insights from our current state of understanding, as well as gaps that present opportunities for research and practice.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:taf:uiiexx:v:55:y:2023:i:1:p:57-74
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DOI: 10.1080/24725854.2022.2080892
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