{"title":"Achieving supply chain efficiency and resilience by using multi-level commons","authors":"Sunil Chopra, ManMohan Sodhi, Florian Lücker","doi":"10.1111/deci.12526","DOIUrl":null,"url":null,"abstract":"<p>We offer the notion of “commons” at different levels—within company, private across company, and government-sponsored across-industry sectors—and discuss how the creation of such commons enabled firms to be both efficient during normal times and resilient against the disruptions resulting from COVID-19. At the same time, there are many proven strategies providing resilience in supply chains. For instance, companies that used multiple channels to improve efficiency when facing day-to-day demand-and-supply variations found that the structure also offered resilience without additional cost when COVID struck. We discuss how the presence of commons lowers the cost for firms to adopt such resilience-building supply chain strategies. We discuss factors that impact the creation of these commons and conclude with a number of questions to guide further research into the role of industry commons in facilitating supply chain resilience.</p>","PeriodicalId":48256,"journal":{"name":"DECISION SCIENCES","volume":"52 4","pages":"817-832"},"PeriodicalIF":2.8000,"publicationDate":"2021-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/deci.12526","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"DECISION SCIENCES","FirstCategoryId":"91","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/deci.12526","RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 0
Abstract
We offer the notion of “commons” at different levels—within company, private across company, and government-sponsored across-industry sectors—and discuss how the creation of such commons enabled firms to be both efficient during normal times and resilient against the disruptions resulting from COVID-19. At the same time, there are many proven strategies providing resilience in supply chains. For instance, companies that used multiple channels to improve efficiency when facing day-to-day demand-and-supply variations found that the structure also offered resilience without additional cost when COVID struck. We discuss how the presence of commons lowers the cost for firms to adopt such resilience-building supply chain strategies. We discuss factors that impact the creation of these commons and conclude with a number of questions to guide further research into the role of industry commons in facilitating supply chain resilience.
期刊介绍:
Decision Sciences, a premier journal of the Decision Sciences Institute, publishes scholarly research about decision making within the boundaries of an organization, as well as decisions involving inter-firm coordination. The journal promotes research advancing decision making at the interfaces of business functions and organizational boundaries. The journal also seeks articles extending established lines of work assuming the results of the research have the potential to substantially impact either decision making theory or industry practice. Ground-breaking research articles that enhance managerial understanding of decision making processes and stimulate further research in multi-disciplinary domains are particularly encouraged.