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Managing the supply chain during disruptions: Developing a framework for decision-making

Business-to-business firms have traditionally encountered disruptions, but the scale of the COVID-19 pandemic was extraordinary as it interrupted global supply chains by causing unprecedented shocks to supply and demand. Firms experienced extraordinary pressure and struggled to minimize the immediat...

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Detalles Bibliográficos
Autores principales: Kumar, Bipul, Sharma, Arun
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Inc. 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9750241/
http://dx.doi.org/10.1016/j.indmarman.2021.07.007
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author Kumar, Bipul
Sharma, Arun
author_facet Kumar, Bipul
Sharma, Arun
author_sort Kumar, Bipul
collection PubMed
description Business-to-business firms have traditionally encountered disruptions, but the scale of the COVID-19 pandemic was extraordinary as it interrupted global supply chains by causing unprecedented shocks to supply and demand. Firms experienced extraordinary pressure and struggled to minimize the immediate and long-term impact of supply chains disruptions. Applying chaos theory, this study employs a single-case method to understand the disruptions to the business-to-business oil and gas supply chain. We make three major contributions. First, we examine firm decision-making during significant disruptions. Second, we use chaos theory to better understand the decision-making process. Finally, we develop a framework to explicate the decision-making process and provide guidelines for decision-making during disruptions. Our findings provide theoretical insights and have important implications for practitioners addressing supply chain disruptions during crises.
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spelling pubmed-97502412022-12-15 Managing the supply chain during disruptions: Developing a framework for decision-making Kumar, Bipul Sharma, Arun Industrial Marketing Management Article Business-to-business firms have traditionally encountered disruptions, but the scale of the COVID-19 pandemic was extraordinary as it interrupted global supply chains by causing unprecedented shocks to supply and demand. Firms experienced extraordinary pressure and struggled to minimize the immediate and long-term impact of supply chains disruptions. Applying chaos theory, this study employs a single-case method to understand the disruptions to the business-to-business oil and gas supply chain. We make three major contributions. First, we examine firm decision-making during significant disruptions. Second, we use chaos theory to better understand the decision-making process. Finally, we develop a framework to explicate the decision-making process and provide guidelines for decision-making during disruptions. Our findings provide theoretical insights and have important implications for practitioners addressing supply chain disruptions during crises. Elsevier Inc. 2021-08 2021-07-24 /pmc/articles/PMC9750241/ http://dx.doi.org/10.1016/j.indmarman.2021.07.007 Text en © 2021 Elsevier Inc. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Kumar, Bipul
Sharma, Arun
Managing the supply chain during disruptions: Developing a framework for decision-making
title Managing the supply chain during disruptions: Developing a framework for decision-making
title_full Managing the supply chain during disruptions: Developing a framework for decision-making
title_fullStr Managing the supply chain during disruptions: Developing a framework for decision-making
title_full_unstemmed Managing the supply chain during disruptions: Developing a framework for decision-making
title_short Managing the supply chain during disruptions: Developing a framework for decision-making
title_sort managing the supply chain during disruptions: developing a framework for decision-making
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9750241/
http://dx.doi.org/10.1016/j.indmarman.2021.07.007
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