Forecasting and planning for a critical infrastructure sector during a pandemic: Empirical evidence from a food supply chain
Tariq Aljuneidi,
Sushil Punia,
Aida Jebali and
Konstantinos Nikolopoulos
European Journal of Operational Research, 2024, vol. 317, issue 3, 936-952
Abstract:
The meat supply chain (MSC) – a key constituent of the ‘Food & Agriculture’ CISA critical infrastructure sector, was among the most impacted by the COVID-19 pandemic. The witnessed successive demand and supply shocks uncovered the fragility of the MSC and revealed that more attention should be given by researchers and practitioners to ensure effective planning of such a critical infrastructure sector during periods of turbulence. To that end, in this paper we propose a two-stage approach for the planning of an MSC. In the first stage, we identify the most suitable model for predicting the demand and the supply. In the second stage, a multi-period multi-product mixed integer programming (MIP) model accounting for key MSC features is devised to deal with the planning of the MSC. Furthermore, in order to validate our theoretical proposition, a case study pertaining to a real-life MSC was used during the second and first wave of COVID-19 under different conditions. In particular, the results show that accurate demand and supply forecasting, and the recourse to rolling horizon planning approach, allow for satisfying the demand and maintaining the MSC profit in periods of turbulence, and so can be considered as levers for supply chain resilience.
Keywords: Supply chain management; Forecasting; Planning; Critical infrastructure; Resilience (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:317:y:2024:i:3:p:936-952
DOI: 10.1016/j.ejor.2024.04.009
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