Supply chain risk assessment and mitigation under the global pandemic COVID-19
[EN] Supply chain (SC) disruptions were massive in 2020, with many manufacturers forced to close their operations temporarily. The coronavirus pandemic (COVID-19) has changed the way enterprises perceive risks and the potential effect on their supply chain. Many enterprises are now very dependent on...
| Autores: | , , , , , , |
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| Tipo de recurso: | artículo |
| Fecha de publicación: | 2024 |
| País: | España |
| Institución: | Universitat Politècnica de València (UPV) |
| Repositorio: | RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia |
| Idioma: | inglés |
| OAI Identifier: | oai:riunet.upv.es:10251/202557 |
| Acceso en línea: | https://riunet.upv.es/handle/10251/202557 |
| Access Level: | acceso abierto |
| Palabra clave: | COVID-19 Supply Chain Management Supply Chain Risk Management Supply Chain Resilience Supply Chain Risk Assessment |
| Sumario: | [EN] Supply chain (SC) disruptions were massive in 2020, with many manufacturers forced to close their operations temporarily. The coronavirus pandemic (COVID-19) has changed the way enterprises perceive risks and the potential effect on their supply chain. Many enterprises are now very dependent on third-party services, so it is necessary to adapt to sustainability challenges. This paper aims to provide a detailed review of research related to risk assessment and mitigation of the SC under lockdown due to COVID-19. Then, it identifies risks associated with supply chains (SCs) during the pandemic using the Failure Mode Effect Analysis. Finally, it suggests improvements to have a fully resilient supply chain. In addition, it explored Supply Chain Resilience (SCR), its phases, and strategies by examining an enterprise that managed COVID-19 pandemic disruptions and turned their potential losses into revenue. Furthermore, we discussed a case study where the enterprise increased its total income by nearly $1 million. |
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