THERE ARE TOO MANY REASONS FOR SUPPLY CHAIN DISRUPTIONS

The Covid pandemic, Russia's war in Ukraine, increasing protectionism, and trade wars combined with repeating natural disasters around the world have put many global supply chains in a critical state and raised questions about their reliability.How to respond to the current crisis in the supply chain and whether the popular paradigms of lean manufacturing and just-in-time inventory have to be reevaluated depends on how unique the causes that led to the recent global supply chain crises are.This paper reviews the main causes of supply chain disruptions, including natural disasters, war conflicts, cyberwars, and transportation problems, and debates the likelihood of their recurrence in coming years.The paper concludes that the main causes of supply chain disruptions have fundamental reasons that will stay with us for the foreseeable future; de-risking supply chains requires both countries and businesses to reevaluate their approach to the organization of supply chains, prioritizing resilience alongside profit considerations in their business arrangement.

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Publication Details

Journal
European Journal of Management
Published
2024-10-01
DOI
https://doi.org/10.18374/ejm-24-2.1
Primary Topic
Supply Chain Resilience and Risk Management
Type
article
Field-Weighted Citation Impact
0.00
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article

THERE ARE TOO MANY REASONS FOR SUPPLY CHAIN DISRUPTIONS

Helen M. Moshkovich, Alexander Mechitov
European Journal of Management
Supply Chain Resilience and Risk Management
article

THERE ARE TOO MANY REASONS FOR SUPPLY CHAIN DISRUPTIONS

Helen M. Moshkovich, Alexander Mechitov
article en

Abstract

The Covid pandemic, Russia's war in Ukraine, increasing protectionism, and trade wars combined with repeating natural disasters around the world have put many global supply chains in a critical state and raised questions about their reliability.How to respond to the current crisis in the supply chain and whether the popular paradigms of lean manufacturing and just-in-time inventory have to be reevaluated depends on how unique the causes that led to the recent global supply chain crises are.This paper reviews the main causes of supply chain disruptions, including natural disasters, war conflicts, cyberwars, and transportation problems, and debates the likelihood of their recurrence in coming years.The paper concludes that the main causes of supply chain disruptions have fundamental reasons that will stay with us for the foreseeable future; de-risking supply chains requires both countries and businesses to reevaluate their approach to the organization of supply chains, prioritizing resilience alongside profit considerations in their business arrangement.

European Journal of ManagementVol. 24(2)
University of Montevallo (US)
Openalex Percentile: Top 70%
Supply Chain Resilience and Risk Management
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THERE ARE TOO MANY REASONS FOR SUPPLY CHAIN DISRUPTIONS — Helen M. Moshkovich, Alexander Mechitov · European Journal of Management (2024) | TGRS Research Map | TGRS