Impact of COVID-19 on the Supply Chain of Small and Medium Enterprises: Case Studies on Food, Manufacturing and Hospitality Industries

Research Article
Open access

Impact of COVID-19 on the Supply Chain of Small and Medium Enterprises: Case Studies on Food, Manufacturing and Hospitality Industries

Yuxuan Ge 1*
  • 1 University of Birmingham    
  • *corresponding author YXG923@student.bham.ac.uk
Published on 13 September 2023 | https://doi.org/10.54254/2754-1169/17/20231119
AEMPS Vol.17
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-915371-77-5
ISBN (Online): 978-1-915371-78-2

Abstract

The constant flux in the supply chain has intruded on the demand and supply equilibrium throughout the globe. Firms that elongated the operation period have to pursue changes in suppliers to respond to the tumultuous trading environment due to the COVID-19 pandemic. This paper aims to develop a framework for supply chain disruption for different small and medium enterprises (SMEs) in the Food, Manufacturing, and Hospitality industries. SMEs are susceptible to fluctuant economic change since the change puts an enormous threat to the sustainability of SMEs. Therefore, strategic foresight is crucial for SMEs to be competitive in the market. In this paper, rationalization and digital transformation are chosen as potential measures to conquer the unsettled economic environment. Reformation and innovation in SMEs could provide opportunities to maintain the firm’s long-term healthy operation. This study can help SMEs comprehend the importance of modern strategies and survive during the outbreak of COVID-19.

Keywords:

COVID-19, digital transformation, rationalization, small and medium enterprises, SMEs, food industry, manufacturing industry, hospitality industry

Ge,Y. (2023). Impact of COVID-19 on the Supply Chain of Small and Medium Enterprises: Case Studies on Food, Manufacturing and Hospitality Industries. Advances in Economics, Management and Political Sciences,17,319-323.
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References

[1]. Min, C., Luo, J.W.: Influence of COVID-19 on manufacturing industry and corresponding countermeasures from supply chain perspective. Journal of Shanghai Jiaotong University (Science) 25(4), 409-416 (2020).

[2]. World Trade Organization. Helping msmes navigate the covid-19 crisis (2020). available at: www.Wto.Org/English/Tratop_E/Covid19_E/Msmes_Report_E.Pdf (accessed 26 October 2022).

[3]. Singh, S., Kumar, R., Panchal, R. and Tiwari, M.K.: Impact of COVID-19 on logistics systems and disruptions in food supply chain. International Journal of Production Research 59(7), 1993-2008 (2020).

[4]. Singh, R.K., Garg, S.K. and Deshmukh, S.G.: Strategy development by Indian SSIs. Industrial Management and Data Systems 110(7), 1073-1093 (2010).

[5]. Karmaker, C.L., Ahmed, T., Ahmed, S., Ali, S.M., Moktadir, M.A. and Kabir, G.: Improving supply chain sustainability in the context of covid-19 pandemic in an emerging economy: exploring drivers using an integrated model. Sustainable Production and Consumption (26), 411–427 (2021).

[6]. Ivanov, D.: ‘A Blessing in Disguise’ or ‘as If It Wasn’t Hard Enough Already’: Reciprocal and Aggravate Vulnerabilities in the Supply Chain. International Journal of Production Research 58 (11), 3252–3262 (2020).

[7]. Latha, N., Pandit, M., Basu, S., Karmakar, A., Bidhan, V., Kumar, H. and Brar, K.: Impact of Lockdown Due to COVID-19 the Outbreak: Lifestyle Changes and Public Health Concerns in India. Preprints, 2020060129 (2020)

[8]. Ali, M.H., et al.: Supply chain resilience reactive strategies for food SMEs in coping to COVID-19 crisis. Trends in food science & technology (109), 94-102 (2021).

[9]. Stone, J. and Rahimifard, S.: Resilience in agri-food supply chains: A critical analysis of the literature and synthesis of a novel framework. Supply Chain Management (23), 207-238 (2018).

[10]. Lu, L., Peng, J., Wu, J., et al.: Perceived impact of the Covid-19 crisis on SMEs in different industry sectors: Evidence from Sichuan, China [J]. International Journal of Disaster Risk Reduction (55), 102085 (2021).

[11]. Runyan, R.C.: Small business in the face of crisis: identifying barriers to recovery from a natural disaster [J]. Journal of Contingencies and crisis management 14(1), 12-26 (2006).

[12]. Sigala, M.: Collaborative supply chain management in the airline sector: the role of global distribution systems (GDS) [M]. Advances in Hospitality and Leisure. Emerald Group Publishing Limited (1), 103-121 (2005).

[13]. Morrison, A.J., Ricks, D.A., Roth, K.: Globalization versus regionalization: which way for the multinational? [J]. Organizational Dynamics, 19(3), 17-29 (1991).

[14]. Schallmo, D., Williams, C.A., Boardman, L.: Digital transformation of business models-best practice, enabler, and roadmap. Int. J. Innov. Manag. 21(8), 1740014-(17p.) (2018).

Cite this article

Ge,Y. (2023). Impact of COVID-19 on the Supply Chain of Small and Medium Enterprises: Case Studies on Food, Manufacturing and Hospitality Industries. Advances in Economics, Management and Political Sciences,17,319-323.

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About volume

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

ISBN：978-1-915371-77-5(Print) / 978-1-915371-78-2(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.17
ISSN：2754-1169(Print) / 2754-1177(Online)

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References

[1]. Min, C., Luo, J.W.: Influence of COVID-19 on manufacturing industry and corresponding countermeasures from supply chain perspective. Journal of Shanghai Jiaotong University (Science) 25(4), 409-416 (2020).

[2]. World Trade Organization. Helping msmes navigate the covid-19 crisis (2020). available at: www.Wto.Org/English/Tratop_E/Covid19_E/Msmes_Report_E.Pdf (accessed 26 October 2022).

[3]. Singh, S., Kumar, R., Panchal, R. and Tiwari, M.K.: Impact of COVID-19 on logistics systems and disruptions in food supply chain. International Journal of Production Research 59(7), 1993-2008 (2020).

[4]. Singh, R.K., Garg, S.K. and Deshmukh, S.G.: Strategy development by Indian SSIs. Industrial Management and Data Systems 110(7), 1073-1093 (2010).

[5]. Karmaker, C.L., Ahmed, T., Ahmed, S., Ali, S.M., Moktadir, M.A. and Kabir, G.: Improving supply chain sustainability in the context of covid-19 pandemic in an emerging economy: exploring drivers using an integrated model. Sustainable Production and Consumption (26), 411–427 (2021).

[6]. Ivanov, D.: ‘A Blessing in Disguise’ or ‘as If It Wasn’t Hard Enough Already’: Reciprocal and Aggravate Vulnerabilities in the Supply Chain. International Journal of Production Research 58 (11), 3252–3262 (2020).

[7]. Latha, N., Pandit, M., Basu, S., Karmakar, A., Bidhan, V., Kumar, H. and Brar, K.: Impact of Lockdown Due to COVID-19 the Outbreak: Lifestyle Changes and Public Health Concerns in India. Preprints, 2020060129 (2020)

[8]. Ali, M.H., et al.: Supply chain resilience reactive strategies for food SMEs in coping to COVID-19 crisis. Trends in food science & technology (109), 94-102 (2021).

[9]. Stone, J. and Rahimifard, S.: Resilience in agri-food supply chains: A critical analysis of the literature and synthesis of a novel framework. Supply Chain Management (23), 207-238 (2018).

[10]. Lu, L., Peng, J., Wu, J., et al.: Perceived impact of the Covid-19 crisis on SMEs in different industry sectors: Evidence from Sichuan, China [J]. International Journal of Disaster Risk Reduction (55), 102085 (2021).

[11]. Runyan, R.C.: Small business in the face of crisis: identifying barriers to recovery from a natural disaster [J]. Journal of Contingencies and crisis management 14(1), 12-26 (2006).

[12]. Sigala, M.: Collaborative supply chain management in the airline sector: the role of global distribution systems (GDS) [M]. Advances in Hospitality and Leisure. Emerald Group Publishing Limited (1), 103-121 (2005).

[13]. Morrison, A.J., Ricks, D.A., Roth, K.: Globalization versus regionalization: which way for the multinational? [J]. Organizational Dynamics, 19(3), 17-29 (1991).

[14]. Schallmo, D., Williams, C.A., Boardman, L.: Digital transformation of business models-best practice, enabler, and roadmap. Int. J. Innov. Manag. 21(8), 1740014-(17p.) (2018).

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