The role of supply chain risk mitigation strategies to manage supply chain disruptions

IF 1.1 Q4 MANAGEMENT
Jacobus D. Nel
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Abstract

Background: Supply chain disruptions have always existed, but have become more intense during the last decade or so. Factors in the macro environment have also contributed and none more so than during the coronavirus disease 2019 (COVID-19) pandemic. In general, firms were not ready for disruptions caused by the COVID-19 pandemic. Yet, numerous firms were resilient and recovered quicker to their pre-COVID positions than other firms.Objectives: This research addressed how firms with effective supply chain risk mitigation strategies managed supply chain disruptions caused by the COVID-19 pandemic and which lessons were learned to prepare for future disruptions.Method: An online survey instrument with scalable responses was used to conduct quantitative research. A total of 221 workable questionnaires were used to analyse the data using SPSS software. Several hypotheses were formulated and were tested using t-tests.Results: The findings show clear differences in how firms used agility and flexibility, collaboration and redundancy as supply chain risk mitigation strategies to manage upstream, internal and downstream disruptions.Conclusion: The level of effective supply chain risk management strategies implemented by firms seems to significantly contribute to the effective management of upstream, internal and downstream disruptions. It appears as if agile and flexible firms that collaborate more with their supply chain partners and who implement redundancy strategies, are better prepared to respond to disruptions.Contribution: Managers can improve the effectiveness of their supply chain risk management strategies by seeking more agile and flexible solutions, collaborating more with supply chain partners and utilising redundancy strategies.
供应链风险缓解战略在管理供应链中断方面的作用
背景:供应链中断一直存在,但在过去十多年中变得更加严重。宏观环境中的各种因素也起到了推波助澜的作用,尤其是在 2019 年冠状病毒病(COVID-19)大流行期间。总体而言,企业尚未做好应对 COVID-19 大流行所造成破坏的准备。然而,与其他企业相比,许多企业具有很强的应变能力,能够更快地恢复到 COVID 前的状态:本研究探讨了具有有效供应链风险缓解战略的公司如何管理 COVID-19 大流行病造成的供应链中断,以及吸取了哪些经验教训来为未来的中断做好准备:方法:采用可扩展的在线调查工具进行定量研究。共使用了 221 份可行的调查问卷,并使用 SPSS 软件对数据进行了分析。研究提出了若干假设,并使用 t 检验法对这些假设进行了检验:研究结果表明,在如何利用敏捷性和灵活性、协作性和冗余性作为供应链风险缓解策略来管理上游、内部和下游中断方面,企业之间存在明显差异:企业实施有效供应链风险管理策略的水平似乎对有效管理上游、内部和下游中断有很大帮助。那些与供应链伙伴开展更多合作并实施冗余战略的灵活敏捷的企业似乎更有能力应对供应链中断:贡献:管理者可以通过寻求更敏捷、更灵活的解决方案,与供应链伙伴开展更多合作,以及利用冗余战略,提高供应链风险管理策略的有效性。
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来源期刊
CiteScore
2.00
自引率
6.70%
发文量
37
审稿时长
20 weeks
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