Exploring Progress with Supply Chain Risk Management during the First Year of the COVID-19 Pandemic
<i>Background:</i> In response to calls for actionable research that considers ongoing pandemic risk dynamics, we explore how risks experienced and risk mitigation techniques used have changed during the first year of the pandemic. <i>Methods:</i> We used a survey and studied...
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| Format: | Article |
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MDPI AG
2021-10-01
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| Series: | Logistics |
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| Online Access: | https://www.mdpi.com/2305-6290/5/4/70 |
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| author | Remko van Hoek |
| author_facet | Remko van Hoek |
| author_sort | Remko van Hoek |
| collection | DOAJ |
| description | <i>Background:</i> In response to calls for actionable research that considers ongoing pandemic risk dynamics, we explore how risks experienced and risk mitigation techniques used have changed during the first year of the pandemic. <i>Methods:</i> We used a survey and studied six cases; data were collected both at the start of the pandemic and one year into the pandemic. This paper offers the first empirical exploration of the first full year of the pandemic and provides data points from both early and one year into the pandemic. <i>Results:</i> Our findings indicate that not only are pandemic risks far from mitigated, several types of risks have also increased in severity. Multifaceted and multidirectional approaches have been adopted, going well beyond demand and supply risks (the risks most widely considered in the literature) and much more work remains for supply chain managers to mitigate risks and improve supply chain resilience. <i>Conclusions:</i> We find that in addition to the risk management techniques, considering behavioral aspects is key for navigating a pathway towards risk mitigation. |
| format | Article |
| id | doaj-art-e4e605c655ac4168b24ef289e79ebd68 |
| institution | Kabale University |
| issn | 2305-6290 |
| language | English |
| publishDate | 2021-10-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Logistics |
| spelling | doaj-art-e4e605c655ac4168b24ef289e79ebd682025-08-20T03:38:44ZengMDPI AGLogistics2305-62902021-10-01547010.3390/logistics5040070Exploring Progress with Supply Chain Risk Management during the First Year of the COVID-19 PandemicRemko van Hoek0Sam M. Walton College of Business, University of Arkansas, Fayetteville, AR 72701, USA<i>Background:</i> In response to calls for actionable research that considers ongoing pandemic risk dynamics, we explore how risks experienced and risk mitigation techniques used have changed during the first year of the pandemic. <i>Methods:</i> We used a survey and studied six cases; data were collected both at the start of the pandemic and one year into the pandemic. This paper offers the first empirical exploration of the first full year of the pandemic and provides data points from both early and one year into the pandemic. <i>Results:</i> Our findings indicate that not only are pandemic risks far from mitigated, several types of risks have also increased in severity. Multifaceted and multidirectional approaches have been adopted, going well beyond demand and supply risks (the risks most widely considered in the literature) and much more work remains for supply chain managers to mitigate risks and improve supply chain resilience. <i>Conclusions:</i> We find that in addition to the risk management techniques, considering behavioral aspects is key for navigating a pathway towards risk mitigation.https://www.mdpi.com/2305-6290/5/4/70COVID-19risk managementchange management |
| spellingShingle | Remko van Hoek Exploring Progress with Supply Chain Risk Management during the First Year of the COVID-19 Pandemic Logistics COVID-19 risk management change management |
| title | Exploring Progress with Supply Chain Risk Management during the First Year of the COVID-19 Pandemic |
| title_full | Exploring Progress with Supply Chain Risk Management during the First Year of the COVID-19 Pandemic |
| title_fullStr | Exploring Progress with Supply Chain Risk Management during the First Year of the COVID-19 Pandemic |
| title_full_unstemmed | Exploring Progress with Supply Chain Risk Management during the First Year of the COVID-19 Pandemic |
| title_short | Exploring Progress with Supply Chain Risk Management during the First Year of the COVID-19 Pandemic |
| title_sort | exploring progress with supply chain risk management during the first year of the covid 19 pandemic |
| topic | COVID-19 risk management change management |
| url | https://www.mdpi.com/2305-6290/5/4/70 |
| work_keys_str_mv | AT remkovanhoek exploringprogresswithsupplychainriskmanagementduringthefirstyearofthecovid19pandemic |