Title: 2019's supply chain 'black swan': resilience model under a low-frequency, high-impact and global disruption

Authors: Saba Rudsari; Donovan Fuqua; Victor Pimentel; Barry Brewer; Phillip W. Witt

Addresses: College of Business, New Mexico State University, 1780 University Ave., Las Cruces, NM 88044, USA ' College of Business, New Mexico State University, 1780 University Ave., Las Cruces, NM 88044, USA ' College of Business, New Mexico State University, 1780 University Ave., Las Cruces, NM 88044, USA ' Marriott School of Business, Brigham Young University, 730 TNRB, Provo, UT, 84602, USA ' Woodbury School of Business, Utah Valley University, 800 W University Pky, Orem, UT 84058, USA

Abstract: In today's intricate and interconnected business environment, supply chains encounter numerous disruptive events, either natural disasters or man-made crises, that negatively affect their performance. In early 2020, the COVID-19 pandemic imposed severe supply chain disruptions worldwide. It shook the way the global supply chain worked, reminding the necessity for awareness of the supply chain vulnerability, the shortcomings of the traditional risk-management approaches, and the need for transforming the traditional supply chain risk (SCR) management models. Accordingly, it is necessary for the organisation to assess its supply chain's vulnerability and restructure its resilience to properly anticipate, adapt, respond to, recover, and learn from a low-frequency, high-impact, extended and global disruption. In this study, we contribute to the supply chain risk management (SCRM) and resilience literature by synthesising previous studies on supply chain resilience (SCRE) and incorporating the dynamic role of the current pandemic, proposing a modified SCRE model. Moreover, we provide practical strategies to enhance SCRE by applying descriptive analytic techniques to 2019 and 2020 shipment data from a major food manufacturer in the Midwestern USA.

Keywords: supply chain; resilience models; control chart methodologies.

DOI: 10.1504/IJLEG.2023.135450

International Journal of Logistics Economics and Globalisation, 2023 Vol.10 No.3, pp.237 - 258

Received: 12 Dec 2022
Accepted: 22 Apr 2023
Published online: 13 Dec 2023 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article