IMPLICATIONS OF COVID-19 CRISIS ON SUPPLY CHAIN MANAGEMENT
IMPLICATIONS OF COVID-19 CRISIS ON SUPPLY CHAIN MANAGEMENT
Author(s): Lidija Pulevska Ivanovska, Saso Josimovski, Marija NESTOROSKASubject(s): Economy, Business Economy / Management
Published by: Факултет за Бизнис Економија
Keywords: pandemic; strategy; supply chain; pandemic crisis;
Summary/Abstract: Pandemics cause chaotic situations in supply chains around the world, which can lead to survival challenges. The current Covid-19 pandemic is an unforeseen humanitarian crisis that is seriously affecting the global dynamics of all businesses. Also, in the past, the emergence of various epidemics caused great weaknesses for businesses. Due to such phenomena, the introduction of strategies for prevention against organizational disorders should be established to create clear signposts and vigilant conceptualization. In this regard, there is a need to explore supply chain management and operations strategies to overcome the challenges posed by Covid-19-like situations. This research is done in order to understand the strategies created to measure the sustainability of supply chains in companies, the impact of the pandemic crisis on the business environment, in terms of effective allocation of resources, supply and demand disruptions and optimization of the transportаtion network, i.e. the overall operation of all links in a single supply chain.
Journal: Journal of Sustainable Development
- Issue Year: 11/2021
- Issue No: 27
- Page Range: 3-14
- Page Count: 12
- Language: English
