Skip to main content

2024 | Buch

Impacts of COVID-19 on Supply Chains

Disruptions, Technologies, and Solutions

insite
SUCHEN

Über dieses Buch

This book examines the effects of the pandemic on supply chains and consequent adjustments made by companies to cope with these effects. This research sheds light on the challenges faced by diverse industries during the COVID and post-COVID periods and the solutions employed by companies to tackle them. The book covers several strategies, such as fulfillment strategies, inventory management, insourcing/outsourcing decisions, agile operations adaptation, capacity management, supplier management, forecasting, and business analytics undertaken by firms and institutions to quickly adapt their supply chains to manage risks and operations during the pandemic. Through numerous cases studies, it explores the roles and impacts of new algorithms and technologies, such as digitization, blockchain, artificial intelligence, and machine learning methods, in risk mitigation and management in healthcare, logistics, manufacturing, automotive, food and beverage, and retail industries during and after the COVID-19 pandemic.

Written by professionals and academics, it presents invaluable insights gained from managing disruptions during and after the COVID-19 pandemic and identifies the factors for companies and industries to consider in making their supply chains resilient to similar disruptions. This invaluable resource particularly caters to researchers in academia or industry, practitioners, and graduate students alike.

Inhaltsverzeichnis

Frontmatter
Adjustments to Supply Chains in Response to the COVID-19 Pandemic: A Survey
Abstract
Since the beginning of 2020, many companies’ supply chains have been affected due to the disruptions caused by the pandemic. From production stoppages in facilities to shortages of supplies, logistical problems, and shortages of labor, the problems persist even now. Many companies made adjustments to their supply chains to cope with the impacts of supply chain disruptions. These adjustments include changes in product offerings and production schedules, changes in sourcing and distribution strategies, and changes in scheduling work and outsourcing. In this research, we report on a survey of the effects of the pandemic on supply chains and the consequent adjustments made by companies to cope with these effects. The survey includes long-term and short-term adjustments in different industries such as automotive, semiconductor, pharmaceutical, food and beverage, transportation, and retail. We also present lessons learned from such disruptions and identify the factors for companies and industries to consider in making their supply chains resilient to similar disruptions.
Mohammad Moshref-Javadi, Sridhar Seshadri
Post-pandemic Online Grocery Delivery Services: Trends, Challenges, and Empirical Evidence from Germany
Abstract
Despite growth in online grocery business sales in Germany, the country is still lagging behind its European peers. This chapter analyses the operational challenges to online grocery delivery in Germany before and during the COVID-19. The analysis is based on surveying several resources, such as news and research articles. The analysis is complemented by semi-structured interviews with industry experts. We also compare the challenges and characteristics of online grocery delivery with deliveries in retailing. The main lessons learned are that the majority of the respondents are confident that they will order groceries online in the future. The top chosen reasons for this are comfort, time saving, and impulse buying, while personal safety was not a major reason.
Jakob Schmidt, Konstantinos Nikolopoulos
Forecasting and Planning with Auxiliary Data During a Pandemic: Evidence from U.K. Google Trends
Abstract
In this chapter, we develop reliable methods to predict excess demand during the COVID-19 and similar pandemics. Weekly Google Trend data is gathered for nine retail products in three different categories electronics, toiletries, and groceries. Forward Stepwise Selection is used to investigate the relationship between excess demand and multiple other variables at once. Finally, various models based on Regression, Decision Trees, and Neural Networks are developed for demand prediction. The findings are that forecasting during a pandemic was less challenging for electronics than for toiletries and groceries. Consumer demand is affected by the public health environment of a pandemic, and consumers’ panic buying and hoarding had a serious impact on demand for those products for which they had most immediate need, such as toiletries and groceries.
Maryam Mojdehi, Konstantinos Nikolopoulos, Vasileios Bougioukos
Supply Chain and SARS-CoV-2 Mitigation: Adjustments Made to Administer Six Million SARS-CoV-2 Tests in a Large Public Testing Program
Abstract
In this chapter, we explain SHIELD Illinois’s approach to managing millions of COVID-19 tests. The challenges along with developments and mitigation plans to tackle the challenges are explained. The lessons learned are presented to elaborate on the successful expansion of this program to other cities in the state of Illinois. SHIELD Illinois established an integrated supply chain and technology system that enabled PcR testing results within 13 h from sample collection to individual results from anywhere in a 400 by 200 miles state. The logistics established can provide insights into future emergency responses.
Len Musielak, Ronald S. Watkins
The Role of Technologies in Supply Chain Efficiency and Resiliency
Abstract
Digitization and technologies play a significant role in improving supply chain efficiency and resiliency. In this chapter, we review the role of various technologies, such as Blockchain, Artificial Intelligence, Digital Twin, Augmented Reality, and Autonomous Driving in supply chain. Each technology is introduced along with various real-world use examples from companies.
Mehmet Eren Ahsen, Mohammad Moshref-Javadi
Metadaten
Titel
Impacts of COVID-19 on Supply Chains
herausgegeben von
Mohammad Moshref-Javadi
Sridhar Seshadri
Copyright-Jahr
2024
Electronic ISBN
978-3-031-47734-8
Print ISBN
978-3-031-47733-1
DOI
https://doi.org/10.1007/978-3-031-47734-8

Premium Partner