How to Recover the Supply Chain under COVID-19 Period Through Recovery Its Resilience

Research Article
Open access

How to Recover the Supply Chain under COVID-19 Period Through Recovery Its Resilience

Ziyi Gao 1* , Xiaohe Bo 2 , Lingke Chang 3 , Yuxi Li 4
  • 1 Hubei University of Technology    
  • 2 Beijing Huijia Private School    
  • 3 University of Minnesota    
  • 4 Jinan Foreign Language School International Center    
  • *corresponding author gaoziyi@hbut.edu.cn
Published on 13 September 2023 | https://doi.org/10.54254/2754-1169/11/20230515
AEMPS Vol.11
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-915371-49-2
ISBN (Online): 978-1-915371-50-8

Abstract

The paper describes how the COVID-19 pandemic led to a worldwide supply and demand crunch for medical supplies such as masks and Personal protective equipment (PPE), causing a break in the supply chain. The application of circular economy concepts to supply chains creates resilient supply chains by reducing dependence on external inputs and outputs to help business cope with unforeseen disasters. The resilient supply chain is enhanced by applying the "3R" principle of value recapture in the circular economy model, i.e. reduce, reuse and recycle, and also by drawing on economic models such as platform economy and sharing economy. The paper references are taken from academic databases such as Google Scholar, as well as online materials such as official websites and news websites, and publications such as Supply Chain Guide.

Keywords:

COVID-19 pandemic, supply chain resilience, circular economy

Gao,Z.;Bo,X.;Chang,L.;Li,Y. (2023). How to Recover the Supply Chain under COVID-19 Period Through Recovery Its Resilience. Advances in Economics, Management and Political Sciences,11,75-85.
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References

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[43]. Chen Z. (2021). Sharing Employee: B2B Employment Model in the Era of Coronavirus Disease 2019 and Implication for Human Resource Management. Frontiers in psychology, 12, 714704. https://doi.org/10.3389/fpsyg.2021.714704.

[44]. Hanying Z., Xiaoting Z. Analysis and Countermeasures of Hema's New Retail Model Development based on Cost Reduction and Rapid Expansion and "New Retail Leader" [J]. Management and Management, 2020 (8) :8 0-8 1.

[45]. Accenture News. Building supply chain resilience: What to do now and next during COVID-19. Retrieved from: https://www.accenture.com/gb-en/about/company/coronavirus-supply-chain-impact.

[46]. The Singapore Institute of Purchasing and Materials Management (SIPMM) News. Digital Technologies for an Effective Supply Chain. Retrieved from: https://publication.sipmm.edu.sg/digital-technologies-an-effective-supply-chain/#:~:text=%20Digital%20Technologies%20for%20an%20Effective%20Supply%20Chain,whereby%20layers%20of%20material%20builds%20up...%20More%20.

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Cite this article

Gao,Z.;Bo,X.;Chang,L.;Li,Y. (2023). How to Recover the Supply Chain under COVID-19 Period Through Recovery Its Resilience. Advances in Economics, Management and Political Sciences,11,75-85.

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Volume title: Proceedings of the 2nd International Conference on Business and Policy Studies

ISBN：978-1-915371-49-2(Print) / 978-1-915371-50-8(Online)
Editor：Canh Thien Dang, Javier Cifuentes-Faura
Conference website: https://2023.confbps.org/
Conference date: 26 February 2023
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.11
ISSN：2754-1169(Print) / 2754-1177(Online)

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References

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[21]. Abdullahi, M., Aigbogun, O., Ahmad, R., Ehido, A., Fawehinmi, O., Ibeabuchi, C. & Xing, M. (2022). A supply chain resilience model for business continuity: The way forward for highly regulated industries. Uncertain Supply Chain Management, 10(1), 1-12.

[22]. Azar, A., Ghatari, A., Hajiaghaei-Keshteli, M., Taghipour, A., Khazaei, M. & Rameza-ni, M.. (2022). Creating Shared Value and Strategic Corporate Social Responsibility through Outsourcing within Supply Chain Management. Sustainability. 10.3390/su14041940.

[23]. Oak Spring University. Lucent Technologies: Global Supply Chain Management Net Present Value (NPV) / MBA Resources. Retrieved from: https://oakspringuniversity.com/frontpage/npvcase/19205-supply-chain.

[24]. Siagian, H., Tarigan, Z. J. H., & Jie, F. (2021). Supply Chain Integration Enables Re-silience, Flexibility, and Innovation to Improve Business Performance in COVID-19 Era. Sustainability, 13(9), 4669. MDPI AG. Retrieved from http://dx.doi.org/10.3390/su13094669.

[25]. Tracelink News. Supply Chain Resiliency. Retrieved from: https://www.tracelink.com/agile-supply-chain/supply-chain-resiliency.

[26]. Riverlogic News. Supply Chain Resilience vs. Flexibility, Sustainability, & More. Retrieved from: https://www.riverlogic.com/blog/supply-chain-resilience-vs-flexibility-sustainability-more.

[27]. Aden Group. Serious about sustainability? Don’t overlook your supply chain. Retrieved from: https://www.adenservices.com/en/blogs/supply-chain-sustainability/.

[28]. The Sustainability.io. Supply Chain Sustainability – Activate ESG and Sustainability through the supply chain. Retrieved from: https://www.thesustainability.io/supply-chain-sustainability#:~:text=One%20of%20the%20important%20steps%20to%20activate%20ESG,and%20to%20figure%20out%20opportunities%20for%20cost%20efficiency.

[29]. EcoVadis official website. About EcoVadis. Retrieved from: https://ecovadis.com/suppliers/.

[30]. Viglioglia, M., Giovanardi, M., Pollo, R., & Peruccio, P. P. (2021). Smart District and Circular Economy: The Role of ICT Solutions in Promoting Circular Cities. Sustainability, 13(21), 11732. MDPI AG. Retrieved from http://dx.doi.org/10.3390/su132111732

[31]. Alonso-Muñoz, S., González-Sánchez, R., Siligardi, C., & García-Muiña, F. E. (2021). New Circular Networks in resilient supply chains: An External Capital Perspective. Sustainability, 13(11), 6130. https://doi.org/10.3390/su13116130.

[32]. Alicke, K., Gupta, R., & Trautwein, V. Resetting supply chains for the next normal. McKinsey & Company. Retrieved from: https://www.mckinsey.com/business-functions/operations/our-insights/resetting-supply-chains-for-the-next-normal.

[33]. Sarkis, J. (2021), "Supply chain sustainability: learning from the COVID-19 pandemic", International Journal of Operations & Production Management, Vol. 41 No. 1, pp. 63-73. https://doi.org/10.1108/IJOPM-08-2020-0568.

[34]. United Nations Global Compact. The Ten Principles of the UN Global Compact. Retrieved from: https://www.unglobalcompact.org/what-is-gc/mission/principles.

[35]. U.S. Environmental Protection Agency. Supply Chain Guidance. Retrieved from: https://www.epa.gov/climateleadership/supply-chain-guidance.

[36]. The Business Research Company Report. Medical Devices Market 2021. Retrieved from: https://www.thebusinessresearchcompany.com/report/medical-devices-market#:~:text=Medical%20Devices%20Market%20Size%20The%20global%20medical%20devices,billion%20in%202025%20at%20a%20rate%20of%207.7%25.

[37]. P. Smith. Annual growth of the sports apparel market value in the United States between 2020 and 2021. Retrieved from:https://www.statista.com/statistics/1198876/annual-growth-of-the-sports-apparel-market-us/#statisticContainer.

[38]. Technavio Research. Technavio analysis. Sports Footwear Market 2020-2024. Retrieved from: https://www.businesswire.com/news/home/20201110005166/en/Sports-Footwear-Market-2020-2024-Athleisure-Product-Segment-Will-Witness-Maximum-Growth-Technavio.

[39]. CBS News. (2020). Nike repurposing sneakers to create face shields for health care workers. Retrieved from: https://www.cbsnews.com/news/nike-face-sheild-repurposing-air-max-sneakers-to-create-ppe-health-care-workers-coroanvirus-hospitals/.

[40]. Yang, L. (2020). SAIC-GM-Wuling joint suppliers to switch production masks to fight the epidemic together. Retrieved from: https://www.bjnews.com.cn/detail/158096885115423.html.

[41]. Taylor, T. (2021). NWRA ties recycling into supply chain resiliency. Retrieved from: https://www.recyclingtoday.com/article/nwra-congress-recycling-supply -chain-manufacturing-resilience-usa/.

[42]. Cheng, L., Xuefeng, H., Xiny, T.&Yingxue, T. (2022). Analysis of changes in organizational loyalty of shared employees in the post-epidemic era and research on countermeasures. Modern Business (18), 93-95. doi:10.14097/j.cnki.5392/2022.18.022.

[43]. Chen Z. (2021). Sharing Employee: B2B Employment Model in the Era of Coronavirus Disease 2019 and Implication for Human Resource Management. Frontiers in psychology, 12, 714704. https://doi.org/10.3389/fpsyg.2021.714704.

[44]. Hanying Z., Xiaoting Z. Analysis and Countermeasures of Hema's New Retail Model Development based on Cost Reduction and Rapid Expansion and "New Retail Leader" [J]. Management and Management, 2020 (8) :8 0-8 1.

[45]. Accenture News. Building supply chain resilience: What to do now and next during COVID-19. Retrieved from: https://www.accenture.com/gb-en/about/company/coronavirus-supply-chain-impact.

[46]. The Singapore Institute of Purchasing and Materials Management (SIPMM) News. Digital Technologies for an Effective Supply Chain. Retrieved from: https://publication.sipmm.edu.sg/digital-technologies-an-effective-supply-chain/#:~:text=%20Digital%20Technologies%20for%20an%20Effective%20Supply%20Chain,whereby%20layers%20of%20material%20builds%20up...%20More%20.

[47]. JD Logistics Inc. (2021). 2021 Environmental, Social and Governance report (p. 27).

[48]. S.F. Holding Co., Ltd. Introduction to IoT Smart IoT Management Platform. Retrieved from: https://www.sf-laas.com/valet/4544.

[49]. JD Logistics Inc. (2021). 2021 Environmental, Social and Governance report (p. 28).

[50]. S.F. Holding Co., Ltd. Introduction to UHF RFID. Retrieved from: https://www.sf-laas.com/valet/3239.

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