Coronavirus (COVID-19/SARS-CoV-2) and supply chain resilience: a research note
Dmitry Ivanov and
Ajay Das
International Journal of Integrated Supply Management, 2020, vol. 13, issue 1, 90-102
Abstract:
Firms have learned how to strengthen the resilience of their global supply chains (SC) to confront disruptions triggered by severe disasters. However, a new instigator of SC disruption, quite unlike any seen in recent times, has now emerged – the COVID-19/SARS-CoV-2 virus. We model the ripple effect of an epidemic outbreak in global SCs considering the velocity of pandemic propagation, the duration of production, distribution and market disruption, and a demand decline. We analyse pandemic supply risk mitigation measures and potential recovery paths. Implications for future research and global SC (re)-designs are also discussed.
Keywords: supply chain; risk management; resilience; epidemic outbreak; Coronavirus; COVID-19; SARS-CoV-2; pandemic plan; simulation; digital twin; ripple effect. (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijisma:v:13:y:2020:i:1:p:90-102
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