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Global supply chains risks and COVID-19: Supply chain structure as a mitigating strategy for Small and Medium-Sized Enterprises

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Forthcoming

Standard

Global supply chains risks and COVID-19: Supply chain structure as a mitigating strategy for Small and Medium-Sized Enterprises. / Gürbüz, Mustafa Çagri ; Yurt, Oznur; Ozdemir, Sena et al.
In: Journal of Business Research, 18.09.2022.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Gürbüz, MÇ, Yurt, O, Ozdemir, S, Sena, V & Yu, W 2022, 'Global supply chains risks and COVID-19: Supply chain structure as a mitigating strategy for Small and Medium-Sized Enterprises', Journal of Business Research.

APA

Gürbüz, M. Ç., Yurt, O., Ozdemir, S., Sena, V., & Yu, W. (in press). Global supply chains risks and COVID-19: Supply chain structure as a mitigating strategy for Small and Medium-Sized Enterprises. Journal of Business Research.

Vancouver

Gürbüz MÇ, Yurt O, Ozdemir S, Sena V, Yu W. Global supply chains risks and COVID-19: Supply chain structure as a mitigating strategy for Small and Medium-Sized Enterprises. Journal of Business Research. 2022 Sept 18.

Author

Gürbüz, Mustafa Çagri ; Yurt, Oznur ; Ozdemir, Sena et al. / Global supply chains risks and COVID-19 : Supply chain structure as a mitigating strategy for Small and Medium-Sized Enterprises. In: Journal of Business Research. 2022.

Bibtex

@article{4a123d877de64c72bcdd87edfc8bc880,
title = "Global supply chains risks and COVID-19: Supply chain structure as a mitigating strategy for Small and Medium-Sized Enterprises",
abstract = "After the COVID-19 pandemic, more research is needed to understand how the impacts of global events differ among alternative network structures in the presence of supply chain risks, and how relevant these potential risk mitigation strategies are for Small and Medium Enterprises(SMEs). Thus, our main motivation is to show how SMEs can configure their supply chains, and cost-effectively mitigate the risk created by major disruptions. We combined a case study with a simulation model. The results suggest the greater usefulness of certain network configuration strategies (e.g., collaboration, multi-sourcing) compared to others during catastrophic events. Our results indicate that SMEs can avoid suffering more harm than larger competitors by adopting strategies consisting of an adequate mix of proactive and reactive elements, and that an effective proactive strategy involves building flexibility by increasing the number of geographically spread supply chain partners, allowing for deeper discounts to preserve demand without hurting profits. ",
keywords = "Supply chain disruptions, supply chain risks, textile industry, mitigation strategies, COVID-19, SMEs",
author = "G{\"u}rb{\"u}z, {Mustafa {\c C}agri} and Oznur Yurt and Sena Ozdemir and Vania Sena and Wantao Yu",
year = "2022",
month = sep,
day = "18",
language = "English",
journal = "Journal of Business Research",
issn = "0148-2963",
publisher = "Elsevier Inc.",

}

RIS

TY - JOUR

T1 - Global supply chains risks and COVID-19

T2 - Supply chain structure as a mitigating strategy for Small and Medium-Sized Enterprises

AU - Gürbüz, Mustafa Çagri

AU - Yurt, Oznur

AU - Ozdemir, Sena

AU - Sena, Vania

AU - Yu, Wantao

PY - 2022/9/18

Y1 - 2022/9/18

N2 - After the COVID-19 pandemic, more research is needed to understand how the impacts of global events differ among alternative network structures in the presence of supply chain risks, and how relevant these potential risk mitigation strategies are for Small and Medium Enterprises(SMEs). Thus, our main motivation is to show how SMEs can configure their supply chains, and cost-effectively mitigate the risk created by major disruptions. We combined a case study with a simulation model. The results suggest the greater usefulness of certain network configuration strategies (e.g., collaboration, multi-sourcing) compared to others during catastrophic events. Our results indicate that SMEs can avoid suffering more harm than larger competitors by adopting strategies consisting of an adequate mix of proactive and reactive elements, and that an effective proactive strategy involves building flexibility by increasing the number of geographically spread supply chain partners, allowing for deeper discounts to preserve demand without hurting profits.

AB - After the COVID-19 pandemic, more research is needed to understand how the impacts of global events differ among alternative network structures in the presence of supply chain risks, and how relevant these potential risk mitigation strategies are for Small and Medium Enterprises(SMEs). Thus, our main motivation is to show how SMEs can configure their supply chains, and cost-effectively mitigate the risk created by major disruptions. We combined a case study with a simulation model. The results suggest the greater usefulness of certain network configuration strategies (e.g., collaboration, multi-sourcing) compared to others during catastrophic events. Our results indicate that SMEs can avoid suffering more harm than larger competitors by adopting strategies consisting of an adequate mix of proactive and reactive elements, and that an effective proactive strategy involves building flexibility by increasing the number of geographically spread supply chain partners, allowing for deeper discounts to preserve demand without hurting profits.

KW - Supply chain disruptions, supply chain risks, textile industry, mitigation strategies, COVID-19, SMEs

M3 - Journal article

JO - Journal of Business Research

JF - Journal of Business Research

SN - 0148-2963

ER -