Supply chain resilience: A review from the inventory management perspective
The COVID-19 pandemic has exposed vulnerabilities in global supply chains, leading to economic damage and product shortages caused by demand surges and supply disruptions. Concurrently, geopolitical conflicts and the rising frequency of natural disasters due to climate change have amplified the urge...
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| Format: | Article |
| Language: | English |
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KeAi Communications Co. Ltd.
2025-03-01
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| Series: | Fundamental Research |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2667325824003108 |
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| _version_ | 1850208837719556096 |
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| author | Ying Guo Fang Liu Jing-Sheng Song Shuming Wang |
| author_facet | Ying Guo Fang Liu Jing-Sheng Song Shuming Wang |
| author_sort | Ying Guo |
| collection | DOAJ |
| description | The COVID-19 pandemic has exposed vulnerabilities in global supply chains, leading to economic damage and product shortages caused by demand surges and supply disruptions. Concurrently, geopolitical conflicts and the rising frequency of natural disasters due to climate change have amplified the urgency to develop strategies for building resilient supply chains. This article presents a comprehensive literature review on inventory management strategies for enhancing supply chain resilience, such as stockpiling, multi-sourcing, capacity reservation, and flexible supply contracts. We classify these strategies into two categories: one deals with supply-side disruption risks, and the other deals with demand-side disruption risks. For each category, we summarize the practical challenges, the state-of-art research, and potential avenues for future research. |
| format | Article |
| id | doaj-art-7a7ad862d3294cfa94b7ec3888ec6dab |
| institution | OA Journals |
| issn | 2667-3258 |
| language | English |
| publishDate | 2025-03-01 |
| publisher | KeAi Communications Co. Ltd. |
| record_format | Article |
| series | Fundamental Research |
| spelling | doaj-art-7a7ad862d3294cfa94b7ec3888ec6dab2025-08-20T02:10:09ZengKeAi Communications Co. Ltd.Fundamental Research2667-32582025-03-015245046310.1016/j.fmre.2024.08.002Supply chain resilience: A review from the inventory management perspectiveYing Guo0Fang Liu1Jing-Sheng Song2Shuming Wang3School of Business, Shandong Normal University, Jinan 250358, ChinaCorresponding author.; Durham University Business School, Durham University, Durham, DH1 3LB, United KingdomFuqua School of Business, Duke University, Durham, NC 27708, USSchool of Economics and Management, University of Chinese Academy of Sciences, Beijing 100190,ChinaThe COVID-19 pandemic has exposed vulnerabilities in global supply chains, leading to economic damage and product shortages caused by demand surges and supply disruptions. Concurrently, geopolitical conflicts and the rising frequency of natural disasters due to climate change have amplified the urgency to develop strategies for building resilient supply chains. This article presents a comprehensive literature review on inventory management strategies for enhancing supply chain resilience, such as stockpiling, multi-sourcing, capacity reservation, and flexible supply contracts. We classify these strategies into two categories: one deals with supply-side disruption risks, and the other deals with demand-side disruption risks. For each category, we summarize the practical challenges, the state-of-art research, and potential avenues for future research.http://www.sciencedirect.com/science/article/pii/S2667325824003108Supply chain resilienceInventory pre-positioningMultiple sourcingDemand surgesSupply disruptions |
| spellingShingle | Ying Guo Fang Liu Jing-Sheng Song Shuming Wang Supply chain resilience: A review from the inventory management perspective Fundamental Research Supply chain resilience Inventory pre-positioning Multiple sourcing Demand surges Supply disruptions |
| title | Supply chain resilience: A review from the inventory management perspective |
| title_full | Supply chain resilience: A review from the inventory management perspective |
| title_fullStr | Supply chain resilience: A review from the inventory management perspective |
| title_full_unstemmed | Supply chain resilience: A review from the inventory management perspective |
| title_short | Supply chain resilience: A review from the inventory management perspective |
| title_sort | supply chain resilience a review from the inventory management perspective |
| topic | Supply chain resilience Inventory pre-positioning Multiple sourcing Demand surges Supply disruptions |
| url | http://www.sciencedirect.com/science/article/pii/S2667325824003108 |
| work_keys_str_mv | AT yingguo supplychainresilienceareviewfromtheinventorymanagementperspective AT fangliu supplychainresilienceareviewfromtheinventorymanagementperspective AT jingshengsong supplychainresilienceareviewfromtheinventorymanagementperspective AT shumingwang supplychainresilienceareviewfromtheinventorymanagementperspective |