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Beating COVID-19 : assessing best practices for supply chain risk mitigation efforts among US companies

Nelissen, Leo Martinus (2021) Beating COVID-19 : assessing best practices for supply chain risk mitigation efforts among US companies.

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Abstract:The COVID-19 pandemic has caused an unprecedented wave of uncertainty in global supply chains as a new pathogen has, for the first time in history, caused global supply chains to partially shut down. This qualitative study researched which risk mitigation strategies were used to mitigate supply chain risks, and which impact COVID-19 had one supply chain risks. Research found that COVID-19 further increased demand, supply, process, and environmental risks. However, the sample of ten US-based companies did not find evidence that supply risk significantly influenced financial and supply chain performance indicators. The study also did not find a difference between manufacturing and non-manufacturing firms. Moreover, the study found that all sampled companies engaged in internal collaboration as a mitigation strategy, followed by higher R&D spending. While more research is needed to fully assess the impact of COVID-19, this study lays a framework based on US companies, and a unique approach based on earnings calls.
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Business Administration MSc (60644)
Link to this item:http://purl.utwente.nl/essays/85515
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