Supply Chain Mapping to Prepare for Future Pandemics
Bailey Norwood () and
Derrell Peel
Applied Economic Perspectives and Policy, 2021, vol. 43, issue 1, 412-429
Abstract:
The COVID‐19 experience demonstrated how little some agribusinesses understood their supply chain. As companies were scrambling to determine how the shutdowns would impact their input suppliers, they surely perceived a need to prepare better for future pandemics. This article describes the practice of supply chain mapping, an activity used to better understand the upstream and downstream components of a company's supply chain. In addition to describing how mapping works, this paper illustrates how mapping can help identify supply chain vulnerabilities and reduce risk. Moreover, it discusses a number of other mapping benefits, including transparency in sustainability commitments and idea generation.
Date: 2021
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https://doi.org/10.1002/aepp.13125
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Persistent link: https://EconPapers.repec.org/RePEc:wly:apecpp:v:43:y:2021:i:1:p:412-429
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