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Larger, counter-intuitive and lasting – The PSM role in responding to the COVID-19 pandemic, exploring opportunities for theoretical and actionable advances
PSM has played an important role in the initial mitigation of risks caused by the COVID-19 pandemic. We explore the nature and scope of this role and develop a roadmap for PSM contributions towards greater supply chain resilience. We find that the role of PSM is (1) multidimensional; responding to s...
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
2021
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9759941/ http://dx.doi.org/10.1016/j.pursup.2021.100688 |
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author | van Hoek, Remko |
author_facet | van Hoek, Remko |
author_sort | van Hoek, Remko |
collection | PubMed |
description | PSM has played an important role in the initial mitigation of risks caused by the COVID-19 pandemic. We explore the nature and scope of this role and develop a roadmap for PSM contributions towards greater supply chain resilience. We find that the role of PSM is (1) multidimensional; responding to supply risks but also to demand and logistics risks, (2) counter to game theory; collaboration increased instead of decrease, (3) multi-stage; beyond the initial response the hardest change efforts are still ahead. The pandemic is accelerating the journey towards future-proof PSM but not necessarily revolutionizing the future of PSM. |
format | Online Article Text |
id | pubmed-9759941 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2021 |
record_format | MEDLINE/PubMed |
spelling | pubmed-97599412022-12-19 Larger, counter-intuitive and lasting – The PSM role in responding to the COVID-19 pandemic, exploring opportunities for theoretical and actionable advances van Hoek, Remko Journal of Purchasing and Supply Management Article PSM has played an important role in the initial mitigation of risks caused by the COVID-19 pandemic. We explore the nature and scope of this role and develop a roadmap for PSM contributions towards greater supply chain resilience. We find that the role of PSM is (1) multidimensional; responding to supply risks but also to demand and logistics risks, (2) counter to game theory; collaboration increased instead of decrease, (3) multi-stage; beyond the initial response the hardest change efforts are still ahead. The pandemic is accelerating the journey towards future-proof PSM but not necessarily revolutionizing the future of PSM. 2021-06 2021-03-29 /pmc/articles/PMC9759941/ http://dx.doi.org/10.1016/j.pursup.2021.100688 Text en 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 van Hoek, Remko Larger, counter-intuitive and lasting – The PSM role in responding to the COVID-19 pandemic, exploring opportunities for theoretical and actionable advances |
title | Larger, counter-intuitive and lasting – The PSM role in responding to the COVID-19 pandemic, exploring opportunities for theoretical and actionable advances |
title_full | Larger, counter-intuitive and lasting – The PSM role in responding to the COVID-19 pandemic, exploring opportunities for theoretical and actionable advances |
title_fullStr | Larger, counter-intuitive and lasting – The PSM role in responding to the COVID-19 pandemic, exploring opportunities for theoretical and actionable advances |
title_full_unstemmed | Larger, counter-intuitive and lasting – The PSM role in responding to the COVID-19 pandemic, exploring opportunities for theoretical and actionable advances |
title_short | Larger, counter-intuitive and lasting – The PSM role in responding to the COVID-19 pandemic, exploring opportunities for theoretical and actionable advances |
title_sort | larger, counter-intuitive and lasting – the psm role in responding to the covid-19 pandemic, exploring opportunities for theoretical and actionable advances |
topic | Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9759941/ http://dx.doi.org/10.1016/j.pursup.2021.100688 |
work_keys_str_mv | AT vanhoekremko largercounterintuitiveandlastingthepsmroleinrespondingtothecovid19pandemicexploringopportunitiesfortheoreticalandactionableadvances |