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2020
DOI: 10.1080/00207543.2020.1849844
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Modelling the impact of climate change risk on supply chain performance

Abstract: Climate change is among the top global risks due to its growing adverse impact on businesses.However, few empirical studies address this imminent risk from a supply chain perspective.Due to a lack of established approaches for capturing complex interaction between climate change risk and supply chain performance, a three-phase mixed methodology approach was attempted. A cognitive map first captured the inter-relationships based on a mental model established by a group of experts. Later, a survey gathered from … Show more

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Cited by 35 publications
(30 citation statements)
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References 45 publications
(48 reference statements)
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“…Raw materials, particularly those that are plant-based, are expected to decline with increasing climate change [ 24 ]. This is expected to have cascading effects on the entire supply chain, due to the lack of availability and quality of materials that are required for production [ 27 ] and therefore have a negative financial impact on firms due to increasing costs and effort required to procure and produce therapeutics and medical devices.…”
Section: Resultsmentioning
confidence: 99%
“…Raw materials, particularly those that are plant-based, are expected to decline with increasing climate change [ 24 ]. This is expected to have cascading effects on the entire supply chain, due to the lack of availability and quality of materials that are required for production [ 27 ] and therefore have a negative financial impact on firms due to increasing costs and effort required to procure and produce therapeutics and medical devices.…”
Section: Resultsmentioning
confidence: 99%
“…As a direct result of this, hotels are required to reduce their emissions of greenhouse gases by 66% by the year 2030 and by 90% by the year 2050 [ 47 ]. Understandably, climate change is expected to have negative consequences on the performance and competitiveness of hotels [ 48 ]. Table 1 encapsulates a broad range of the negative consequences of climate change on the productivity and profitability of hotels.…”
Section: Theoretical Frameworkmentioning
confidence: 99%
“…The scope of big data analytics in supply chain risk management was highlighted empirically: the area includes risk assessment, response planning and reactive real-time control (Dubey et al, 2021;Ivanov and Dolgui, 2020). Big data analytics includes the complete process of data gathering to finally present results for decision-making (Er Kara et al, 2021;Ivanov et al, 2019) such as in finding suitable transportation routes during disruptions (Er Kara et al, 2021). Brintrup et al (2020) support this when they claim AI and big data can predict supply chain disruption and help in finding solutions through analyzing the collected data from tracking and sensor technologies in real time.…”
Section: Logistics and Supply Chain Companies' Operations And Digitiz...mentioning
confidence: 99%