TY - CHAP
T1 - Facing Shortages: Practical Strategies to Improve Supply Chain Resilience
AU - Kalaitzi, Dimitra
AU - Tsolakis, Naoum
PY - 2023/12/27
Y1 - 2023/12/27
N2 - Resource shortages (e.g., microchip, water, and labor) are a key challenge for supply chains. However, despite the growing interest of the operations management community in this issue, extant research is still limited. In this regard, this study adopts a critical literature taxonomy process to (i) investigate the causes of resource shortages from a supply chain perspective and (ii) recommend practical strategies to build supply chain resilience for mitigating and/or overcoming relevant disruptions. More specifically, a thematic analysis was conducted on identified publications, and several research themes emerged, namely supply disruptions, demand instability, manufacturing constraints, policy inconsistencies, and economic considerations. Moreover, this research identified documented mitigation strategies, including policy development, control and monitoring of supply and demand, technology advancement, inventory management, product and process redesign, development of supply chain relationships, resource recovery strategies, and logistics reconfiguration. Except for providing a critical taxonomy and synthesis of the current knowledge over resource shortages, this study identifies fundamental decision-making, network design, and practical issues managers need to consider about global supply chain operations.
AB - Resource shortages (e.g., microchip, water, and labor) are a key challenge for supply chains. However, despite the growing interest of the operations management community in this issue, extant research is still limited. In this regard, this study adopts a critical literature taxonomy process to (i) investigate the causes of resource shortages from a supply chain perspective and (ii) recommend practical strategies to build supply chain resilience for mitigating and/or overcoming relevant disruptions. More specifically, a thematic analysis was conducted on identified publications, and several research themes emerged, namely supply disruptions, demand instability, manufacturing constraints, policy inconsistencies, and economic considerations. Moreover, this research identified documented mitigation strategies, including policy development, control and monitoring of supply and demand, technology advancement, inventory management, product and process redesign, development of supply chain relationships, resource recovery strategies, and logistics reconfiguration. Except for providing a critical taxonomy and synthesis of the current knowledge over resource shortages, this study identifies fundamental decision-making, network design, and practical issues managers need to consider about global supply chain operations.
KW - Mitigation strategies
KW - Resource shortages
KW - Supply chain resilience
UR - https://link.springer.com/chapter/10.1007/978-3-031-39542-0_4
UR - http://www.scopus.com/inward/record.url?scp=85180675798&partnerID=8YFLogxK
U2 - 10.1007/978-3-031-39542-0_4
DO - 10.1007/978-3-031-39542-0_4
M3 - Chapter
SN - 9783031395413
T3 - Springer Optimization and Its Applications
SP - 59
EP - 80
BT - Handbook for Management of Threats
A2 - Balomenos, Konstantinos P.
A2 - Fytopoulos, Antonios
A2 - Pardalos, Panos M.
PB - Springer
ER -