Relocation Strategy of Global Supply Chain and Value Chain Under Deglobalization

Vargas-Hernández, José G.

doi:10.4018/978-1-6684-5876-1.ch005

Cited by 5 publications

(2 citation statements)

References 24 publications

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“…Thus, it can be concluded that the world economy is less "globalized" today than it was before the COVID-19 pandemic. It is not uncommon to hear arguments of sovereignty, independence, or taking various protectionist or populist measures (Vargas-Hernández et al, 2021).…”

Section: Retreat From Globalization or Perhaps Deglobalization?mentioning

confidence: 99%

Organizing for Sustainable Development

Angeli¹,

Metz²,

Raab³

2022

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The role and meaning of sustainable development have been recognized in the scientific literature for decades. However, there has recently been a dynamic increase in interest in the subject, which results in numerous, in-depth scientific research and publications with an interdisciplinary dimension. This edited volume is a compendium of theoretical knowledge on sustainable development. The context analysed in the publication includes a multi-level and multi-aspect analysis starting from the historical and legal conditions, through elements of the macro level and the micro level, inside the organization.Organizing Sustainable Development offers a systematic and comprehensive theoretical analysis of sustainable development supplemented with practical examples, which will allow obtaining comprehensive knowledge about the meaning and its multi-context application in practice. It shows the latest state of knowledge on the topic and will be of interest to students at an advanced level, academics and reflective practitioners in the fields of sustainable development, management studies, organizational studies and corporate social responsibility.

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Section: Retreat From Globalization or Perhaps Deglobalization?mentioning

confidence: 99%

Organizing for Sustainable Development

Angeli¹,

Metz²,

Raab³

2022

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“…With the emergence of new challenges, such as trade wars [1], infectious diseases [2], global warming [3], trade protectionism [4], and rapid technology developments in automation, artificial intelligence [5][6][7][8], internet of things (IoT) sensor [9] virtual reality [10], additive manufacturing [11][12][13][14][15][16], big data [17], and blockchain technology [18], supply chains are evolving to a new dimension. In this context, supplier selection is considered one of the most important strategic decisions to be made by supply chain management (SCM).…”

Section: Introductionmentioning

confidence: 99%

Multicriteria Decision Making in Supply Chain Management Using FMEA and Hybrid AHP-PROMETHEE Algorithms

Altubaishe

Desai

2023

Sensors

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In today’s global environment, supplier selection is one of the critical strategic decisions made by supply chain management. The supplier selection process involves the evaluation of suppliers based on several criteria, including their core capabilities, price offerings, lead times, geographical proximity, data collection sensor networks, and associated risks. The ubiquitous presence of internet of things (IoT) sensors at different levels of supply chains can result in risks that cascade to the upstream end of the supply chain, making it imperative to implement a systematic supplier selection methodology. This research proposes a combinatorial approach for risk assessment in supplier selection using the failure mode effect analysis (FMEA) with hybrid analytic hierarchy process (AHP) and the preference ranking organization method for enrichment evaluation (PROMETHEE). The FMEA is used to identify the failure modes based on a set of supplier criteria. The AHP is implemented to determine the global weights for each criterion, and PROMETHEE is used to prioritize the optimal supplier based on the lowest supply chain risk. The integration of multicriteria decision making (MCDM) methods overcomes the shortcomings of the traditional FMEA and enhances the precision of prioritizing the risk priority numbers (RPN). A case study is presented to validate the combinatorial model. The outcomes indicate that suppliers were evaluated more effectively based on company chosen criteria to select a low-risk supplier over the traditional FMEA approach. This research establishes a foundation for the application of multicriteria decision-making methodology for unbiased prioritization of critical supplier selection criteria and evaluation of different supply chain suppliers.

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