Factors in post-COVID-19 global supply chain management
Daniel Wong,
Haneen Abu-Khater,
Evan S. Woschnik,
Choul Huda and
Bradley Mora
Additional contact information
Daniel Wong: Portland State University, 3988 NW Craig Drive, Beaverton, OR 97006, USA
Haneen Abu-Khater: Portland State University, USA
Evan S. Woschnik: Boeing Space and Launch, USA
Choul Huda: Portland State University, USA
Bradley Mora: Ruda-Cardinal, Inc., USA
Journal of Supply Chain Management, Logistics and Procurement, 2021, vol. 3, issue 3, 239-259
Abstract:
Most companies by and large have tuned their supply chains to either focus on achieving the lowest total cost or providing most flexibility in responding to customer demands. Regardless of the company’s supply chain strategy design, leading companies continue to invest in their people, business process and digital technology to extend their competitive advantage in the marketplace. Leading companies want to be able to predict supply chain performance and achieve above-market returns when supply matches demand. When the global pandemic COVID-19 hit the world, however, most companies’ supply chain systems were thrown into disarray, and companies could not respond predictably. The current supply chain system was no longer operating in a stable environment when both the demand and the supply sides of the equation were simultaneously affected. As pharmaceutical and bio firms raced to develop vaccines to protect citizens, the hope is that the vaccines will be here shortly and the world will be able to return to normal. It is during this period of uncertainty that supply chain management and professionals should consider questions such as what the post-COVID-19 global supply chain management framework should look like and what are the factors that should be considered going forward from a supply chain management practitioner’s perspective. This paper attempts to answer these questions based on interviews from a few selected companies and supply chain literature research and business articles review.
Keywords: supply chain resiliency; supply chain visibility; supply chain mapping; supply chain control tower; supply chain risk management; business continuity plan; digital technology; digital transformation; national security; essential products; integrated global supply chain management framework (search for similar items in EconPapers)
JEL-codes: L23 M11 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:
Downloads: (external link)
https://hstalks.com/article/6140/download/ (application/pdf)
https://hstalks.com/article/6140/ (text/html)
Requires a paid subscription for full access.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:aza:jscm00:y:2021:v:3:i:3:p:239-259
Access Statistics for this article
More articles in Journal of Supply Chain Management, Logistics and Procurement from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().