INVESTIGATING THE ROLE OF RISK MITIGATION STRATEGIES ON SUPPLY CHAIN DISRUPTION IMPACT AMIDST COVID-19 OUTBREAK

Authors

  • Komal Abdullah Komal Institute of Business of Administration, Karachi, Pakistan
  • Tashfah Tauqir Tauqir Institute of Business of Administration, Karachi, Pakistan
  • Mujtaba Hassan Agha Mujtaba NUST Business School, National University of Sciences and Technology, Islamabad, Pakistan
  • Rameez Khalid Rameez Institute of Business of Administration, Karachi, Pakistan

DOI:

https://doi.org/10.37435/NBR21031701

Keywords:

Supply chain disruption, COVID-19, supply chain resilience, supply chain robustness, risk management, supply chain risk management practices

Abstract

ABSTRACT

 

Purpose - This contextual study evaluates the role of risk management practices in Pakistan amidst the COVID-19 outbreak in addressing supply chain disruption and ensuring supply chain resilience and robustness. The purpose of the study was to analyze the emerging challenges in supply chain disruption due to COVID19 and to add value to literature by leveraging the study to provide insights into the Pakistani context.

References

Al-Mansour, J. F., & Al-Ajmi, S. A. (2020). Coronavirus' COVID-19'-Supply Chain

Disruption and Implications for Strategy, Economy, and Management. The

Journal of Asian Finance, Economics, and Business, 7(9), 659-672.

Araz, O. M., Choi, T.-M., Olson, D. L., & Salman, F. S. (2020). Data Analytics for

Operational Risk Management. Decis. Sci., 51(6), 1316-1319.

Azadegan, A., & Dooley, K. (2021). A typology of supply network resilience

strategies: Complex collaborations in a complex world. Journal of Supply Chain

Management, 57(1), 17-26.

Azadegan, A., Mellat Parast, M., Lucianetti, L., Nishant, R., & Blackhurst, J. (2020).

Supply chain disruptions and business continuity: An empirical assessment.

Decision Sciences, 51(1), 38-73.

Behzadi, G., O’Sullivan, M. J., Olsen, T. L., & Zhang, A. (2018). Agribusiness supply

chain risk management: A review of quantitative decision models. Omega, 79,

-42.

Belhadi, A., Kamble, S., Jabbour, C. J. C., Gunasekaran, A., Ndubisi, N. O., &

Venkatesh, M. (2021). Manufacturing and service supply chain resilience to the

COVID-19 outbreak: Lessons learned from the automobile and airline

industries. Technological Forecasting and Social Change, 163, 120447.

Biswas, T. K., & Das, M. C. (2020). Selection of the barriers of supply chain

management in Indian manufacturing sectors due to COVID-19 impacts.

Operational Research in Engineering Sciences: Theory and Applications, 3(3), 1-

Buhman, C., Kekre, S., & Singhal, J. (2005). Interdisciplinary and interorganizational

research: Establishing the science of enterprise networks. Production and

Operations Management, 14(4), 493-513.

Butt, A. S. (2021). Strategies to mitigate the impact of COVID-19 on supply chain

disruptions: a multiple case analysis of buyers and distributors. The

International Journal of Logistics Management, Vol. ahead-of-print No. ahead-of-print.

doi: https://doi.org/10.1108/IJLM-11-2020-0455

Cagliano, A. C., De Marco, A., Grimaldi, S., & Rafele, C. (2012). An integrated

approach to supply chain risk analysis. Journal of risk research, 15(7), 817-840.

Chin, W. W. (2010). How to write up and report PLS analyses. In Handbook of partial

least squares (pp. 655-690): Springer.

Choi, T.-M. (2020). Innovative “bring-service-near-your-home” operations under

Corona-virus (COVID-19/SARS-CoV-2) outbreak: Can logistics become the

messiah? Transportation Research Part E: Logistics and Transportation Review, 140,

Chopra, S., & Sodhi, M. (2014). Reducing the risk of supply chain disruptions. MIT

Sloan management review, 55(3), 72-80.Page 25 of 28

Chowdhury, M. M. H., Agarwal, R., & Quaddus, M. (2019). Dynamic capabilities for

meeting stakeholders' sustainability requirements in supply chain. Journal of

Cleaner Production, 215, 34-45.

DuHadway, S., Carnovale, S., & Hazen, B. (2019). Understanding risk management

for intentional supply chain disruptions: Risk detection, risk mitigation, and

risk recovery. Annals of Operations Research, 283(1), 179-198.

El Baz, J., & Ruel, S. (2021). Can supply chain risk management practices mitigate the

disruption impacts on supply chains’ resilience and robustness? Evidence from

an empirical survey in a COVID-19 outbreak era. International Journal of

Production Economics, 233, 107972.

Fan, Y., & Stevenson, M. (2018). A review of supply chain risk management:

definition, theory, and research agenda. International Journal of Physical

Distribution & Logistics Management, 48(3), 205-230.

Farrell, P., Thow, A. M., Wate, J. T., Nonga, N., Vatucawaqa, P., Brewer, T., . . . Reeve,

E. (2020). COVID-19 and Pacific food system resilience: opportunities to build

a robust response. Food Security, 12(4), 783-791.

Fornell, C., & Larcker, D. F. (1981). Structural equation models with unobservable

variables and measurement error: Algebra and statistics. In: Sage Publications

Sage CA: Los Angeles, CA.

Fortune. (2020). Global 500. Retrieved from https://fortune.com/global500/.

Goel, R. K., Saunoris, J. W., & Goel, S. S. (2021). Supply chain performance and

economic growth: The impact of COVID-19 disruptions. Journal of Policy

Modeling, 43(2), 298-316.

Govindan, K., Fattahi, M., & Keyvanshokooh, E. (2017). Supply chain network design

under uncertainty: A comprehensive review and future research directions.

European Journal of Operational Research, 263(1), 108-141.

Govindan, K., Mina, H., & Alavi, B. (2020). A decision support system for demand

management in healthcare supply chains considering the epidemic outbreaks:

A case study of coronavirus disease 2019 (COVID-19). Transportation Research

Part E: Logistics and Transportation Review, 138, 101967.

Guan, D., Wang, D., Hallegatte, S., Davis, S. J., Huo, J., Li, S., . . . Coffman, D. M. (2020).

Global supply-chain effects of COVID-19 control measures. Nature human

behaviour, 1-11.

Hair, J. F., Sarstedt, M., Ringle, C. M., & Mena, J. A. (2012). An assessment of the use

of partial least squares structural equation modeling in marketing research.

Journal of the academy of marketing science, 40(3), 414-433.

Handfield, R. B., Graham, G., & Burns, L. (2020). Corona virus, tariffs, trade wars and

supply chain evolutionary design. International Journal of Operations &

Production Management, 49(10), 945-955.

Haren, P., & Simchi-Levi, D. (2020). How coronavirus could impact the global supply

chain by mid-March. Harvard Business Review, 28.Page 26 of 28

Heckmann, I., Comes, T., & Nickel, S. (2015). A critical review on supply chain risk–

Definition, measure and modeling. Omega, 52, 119-132.

Henseler, J., Ringle, C. M., & Sarstedt, M. (2015). A new criterion for assessing

discriminant validity in variance-based structural equation modeling. Journal of

the academy of marketing science, 43(1), 115-135.

Hernantes, J., Labaka, L., Turoff, M., Hiltz, S. R., Bañuls, V. A. (2017). Moving forward

to disaster resilience: Perspectives on increasing resilience for future disasters.

Technological Forecasting and Social Change, 121, 1- 6.

Hofmann, E., Sternberg, H., Chen, H., Pflaum, A., & Prockl, G. (2019). Supply chain

management and Industry 4.0: conducting research in the digital age.

International Journal of Physical Distribution & Logistics Management, 49(10), 945-

Hosseini, S., Ivanov, D., & Dolgui, A. (2019). Review of quantitative methods for

supply chain resilience analysis. Transportation Research Part E: Logistics and

Transportation Review, 125, 285-307.

Ivanov, D. (2020). Predicting the impacts of epidemic outbreaks on global supply

chains: A simulation-based analysis on the coronavirus outbreak (COVID-

/SARS-CoV-2) case. Transportation Research Part E: Logistics and Transportation

Review, 136, 101922.

Ivanov, D., & Dolgui, A. (2020). Viability of intertwined supply networks: extending

the supply chain resilience angles towards survivability. A position paper

motivated by COVID-19 outbreak. International Journal of Production Research,

(10), 2904-2915.

Ivanov, D., Dolgui, A., & Sokolov, B. (2019). The impact of digital technology and

Industry 4.0 on the ripple effect and supply chain risk analytics. International

Journal of Production Research, 57(3), 829-846.

Ivanov, D., Pavlov, A., Dolgui, A., Pavlov, D., & Sokolov, B. (2016). Disruption-driven

supply chain (re)-planning and performance impact assessment with

consideration of pro-active and recovery policies. Transportation Research Part

E: Logistics and Transportation Review, 90, 7-24.

Kamble, S., Gunasekaran, A., & Dhone, N. C. (2020). Industry 4.0 and lean

manufacturing practices for sustainable organisational performance in Indian

manufacturing companies. International Journal of Production Research, 58(5),

-1337.

Ketchen Jr, D. J., & Craighead, C. W. (2020). Research at the intersection of

entrepreneurship, supply chain management, and strategic management:

Opportunities highlighted by COVID-19. Journal of Management, 46(8), 1330-

Kochan, C. G., & Nowicki, D. R. (2018). Supply chain resilience: a systematic literature

review and typological framework. International Journal of Physical Distribution

& Logistics Management, 48(8), 842-865.Page 27 of 28

Kock, N. (2015). Common method bias in PLS-SEM: A full collinearity assessment

approach. International Journal of e-Collaboration (ijec), 11(4), 1-10.

Kumar, R., & Mishra, R. (2020). COVID-19 Global Pandemic: Impact on Management

of Supply Chain. International Journal of Emerging Technology and Advanced

Engineering, 10(4), 132-139.

Li, Y., Chen, K., Collignon, S., & Ivanov, D. (2021). Ripple effect in the supply chain

network: Forward and backward disruption propagation, network health and

firm vulnerability. European Journal of Operational Research, 291(3), 1117-1131.

Lockamy Iii, A., Childerhouse, P., Disney, S. M., Towill, D. R., & McCormack, K.

(2008). The impact of process maturity and uncertainty on supply chain

performance: an empirical study. International Journal of Manufacturing

Technology and Management, 15(1), 12-27.

McCormack, K., Ladeira, M. B., & de Oliveira, M. P. V. (2008). Supply chain maturity

and performance in Brazil. Supply Chain Management: An International Journal,

(4), 272-282.

Mishra, D., Dwivedi, Y. K., Rana, N. P., & Hassini, E. (2021). Evolution of supply chain

ripple effect: a bibliometric and meta-analytic view of the constructs.

International Journal of Production Research, 59(1), 129-147.

Nakamura, H., & Managi, S. (2020). Airport risk of importation and exportation of

the COVID-19 pandemic. Transport Policy, 96, 40-47.

NAM. (2020). Manufacturers’ Survey Reveals Current Industry Impact of COVID-19.

Retrieved from https://www.nam.org/manufacturers-survey-reveals-currentindustry-impact-of-covid-19-7411

Parast, M. M., & Subramanian, N. (2021). An examination of the effect of supply chain

disruption risk drivers on organizational performance: evidence from Chinese

supply chains. Supply Chain Management: An International Journal, 26(4), 548-562.

Pavlov, A., Ivanov, D., Pavlov, D., & Slinko, A. (2019). Optimization of network

redundancy and contingency planning in sustainable and resilient supply

chain resource management under conditions of structural dynamics. Annals of

Operations Research, 1-30.

Remko, V. H. (2020). Research opportunities for a more resilient post-COVID-19

supply chain–closing the gap between research findings and industry practice.

International Journal of Operations & Production Management, 40(4), 341-355.

Sarkis, J. (2020). Supply chain sustainability: learning from the COVID-19 pandemic.

International Journal of Operations & Production Management, 41(1), 63-73.

Shah, Z. A., & Hussain, H. (2016). An investigation of lean manufacturing

implementation in textile sector of Pakistan. Paper presented at the Proceedings

of the 2016 International Conference on Industrial Engineering and Operations

Management.Page 28 of 28

Shahed, K. S., Azeem, A., Ali, S. M., & Moktadir, M. A. (2021). A supply chain

disruption risk mitigation model to manage COVID-19 pandemic risk.

Environmental Science and Pollution Research, 1-16.

Sharma, R., Shishodia, A., Kamble, S., Gunasekaran, A., & Belhadi, A. (2020).

Agriculture supply chain risks and COVID-19: mitigation strategies and

implications for the practitioners. International Journal of Logistics Research and

Applications, 1-27.

Singh, S., Kumar, R., Panchal, R., & Tiwari, M. K. (2021). Impact of COVID-19 on

logistics systems and disruptions in food supply chain. International Journal of

Production Research, 59(7), 1993-2008.

Tan, W. J., Cai, W., & Zhang, A. N. (2020). Structural-aware simulation analysis of

supply chain resilience. International Journal of Production Research, 58(17), 5175-

Teece, D. J., Pisano, G., & Shuen, A. (1997). Dynamic capabilities and strategic

management. Strategic management journal, 18(7), 509-533.

Tukamuhabwa, B., Stevenson, M., & Busby, J. (2017). Supply chain resilience in a

developing country context: a case study on the interconnectedness of threats,

strategies and outcomes. Supply Chain Management: An International Journal,

(6), 486-505.

Wamba, S. F. (2020). Humanitarian supply chain: A bibliometric analysis and future

research directions. Annals of Operations Research, 1-27.

Wieland, A. (2021). Dancing the supply chain: Toward transformative supply chain

management. Journal of Supply Chain Management, 57(1), 58-73.

Xie, C., Anumba, C. J., Lee, T. R., Tummala, R., & Schoenherr, T. (2011). Assessing and

managing risks using the supply chain risk management process (SCRMP).

Supply Chain Management: An International Journal, 16(6), 74-483.

Zhu, Chou, G., Tsai, M. C., & W, C. (2020). Lessons learned from the COVID-19

pandemic exposing the shortcomings of current supply chain operations: a

long-term prescriptive offering. Sustainability, 12(14), 5858.

Zhu, Q., Krikke, H., & Caniëls, M. C. (2017). Integrated supply chain risk

management: a systematic review. The International Journal of Logistics

Management, 28(4), 1123-1141.

Zsidisin*, G. A., Melnyk, S. A., & Ragatz, G. L. (2005). An institutional theory

perspective of business continuity planning for purchasing and supply

management. International Journal of Production Research, 43(16), 3401-3420.

Downloads

Published

2023-11-26

How to Cite

Komal, K. A., Tauqir, T. T., Mujtaba, M. H. A., & Rameez, R. K. (2023). INVESTIGATING THE ROLE OF RISK MITIGATION STRATEGIES ON SUPPLY CHAIN DISRUPTION IMPACT AMIDST COVID-19 OUTBREAK. NUST Business Review, 3(2). https://doi.org/10.37435/NBR21031701