2020
DOI: 10.1007/978-3-030-56920-4_34
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A System Thinking Approach for Social and Environmental Risks in Supply Chains

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“…For instance, in 2020, 389 disasters affected 98.4 million people worldwide and cost US$ 171.3 billion (CRED, 2021). During disasters, SCs face impacts such as instability in production and inventory (Lim and Tan, 2018), transportation disruption (Davies et al, 2017), supply and demand fluctuation (Pratama et al, 2021), damage to premises, equipment, and vehicles (Asgary et al, 2012), and coordination problems (Cardoso et al, 2021;de Oliveira et al, 2020). Being prepared for such disruptions is challenging; however, it is possible to mitigate the eventualities through contingency plans and effective strategies to increase SC responsiveness (Abe and Ye, 2013;Boyacι-Gündüz et al, 2021;Cordeiro et al, 2021a).These SC strategies involve activities that are fundamental to the normal flow of the operation, such as strategic purchases (Lamenza et al, 2019), social media and digital platforms (Cordeiro et al, 2021b;Eckhardt et al, 2022), information sharing (Ding et al, 2021), and collaboration with stakeholders (Cundell et al, 2020).…”
Section: Introductionmentioning
confidence: 99%
“…For instance, in 2020, 389 disasters affected 98.4 million people worldwide and cost US$ 171.3 billion (CRED, 2021). During disasters, SCs face impacts such as instability in production and inventory (Lim and Tan, 2018), transportation disruption (Davies et al, 2017), supply and demand fluctuation (Pratama et al, 2021), damage to premises, equipment, and vehicles (Asgary et al, 2012), and coordination problems (Cardoso et al, 2021;de Oliveira et al, 2020). Being prepared for such disruptions is challenging; however, it is possible to mitigate the eventualities through contingency plans and effective strategies to increase SC responsiveness (Abe and Ye, 2013;Boyacι-Gündüz et al, 2021;Cordeiro et al, 2021a).These SC strategies involve activities that are fundamental to the normal flow of the operation, such as strategic purchases (Lamenza et al, 2019), social media and digital platforms (Cordeiro et al, 2021b;Eckhardt et al, 2022), information sharing (Ding et al, 2021), and collaboration with stakeholders (Cundell et al, 2020).…”
Section: Introductionmentioning
confidence: 99%