Supply chain risk assessment and mitigation under the global pandemic COVID-19

• Bani-Irshid, Ala H. ^[1] ; Hamasha, Mohammad M. ^[1] ; Al-Nsour, Lubna ^[1] ; Mohammad, Lana ^[1] ; Al-Dabaibeh, Anfal ^[1] ; Al-Majali, Raya ^[1] ; Al-Daajeh, Hala ^[1]
  1. [1] Hashemite University

     Hashemite University

     Jordania

     
• Localización: International Journal of Production Management and Engineering (IJPME), ISSN-e 2340-4876, ISSN 2340-5317, Vol. 12, Nº. 1, 2024, págs. 43-63
• Idioma: inglés
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• Resumen

  • Supply chain (SC) disruptions were massive in 2020, with many manufacturers forced to close their operations temporarily. The coronavirus pandemic (COVID-19) has changed the way enterprises perceive risks and the potential effect on their supply chain. Many enterprises are now very dependent on third-party services, so it is necessary to adapt to sustainability challenges. This paper aims to provide a detailed review of research related to risk assessment and mitigation of the SC under lockdown due to COVID-19. Then, it identifies risks associated with supply chains (SCs) during the pandemic using the Failure Mode Effect Analysis. Finally, it suggests improvements to have a fully resilient supply chain. In addition, it explored Supply Chain Resilience (SCR), its phases, and strategies by examining an enterprise that managed COVID-19 pandemic disruptions and turned their potential losses into revenue. Furthermore, we discussed a case study where the enterprise increased its total income by nearly $1 million.