Supply chain risk and SME business continuity strategies in the food industry during COVID-19 pandemic

Mohezar, Suhana; Mohamad, Marini Nurbanum; Nazri, Mohammad

doi:10.1108/crr-09-2022-0021

Cited by 6 publications

(2 citation statements)

References 56 publications

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“…In 2019, SMEs were equipped with resources to tackle the first wave of the COVID-19 pandemic [58]. However, the sudden and severe second wave exposed vulnerable SMEs to financial deficiencies.…”

Section: Unstable Political Structure Among Covid-mentioning

confidence: 99%

Cost Management and Supply Chain Management: Experiences of Vulnerable SMEs during COVID-19

Pathak,

Swatdikun,

Hao

2023

Emerg Sci J

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Small and Medium Enterprises (SMEs) constitute the vital economic fabric of Thailand, catalyzing growth and employment opportunities. However, the advent of disruptive events, exemplified by the COVID-19 pandemic, poses formidable challenges to their sustainable development. Adequate cost management and supply chain management are crucial for these SMEs to sustain themselves through disruptive scenarios. This study aims at exploring, understanding, and analyzing various factors that would impact the reduced vulnerability of SMEs and enhance the sustainability of the Thai economy. The methodology adopted for this research is the qualitative method. The data has been collected through semi-structured interviews and in-depth interviews, and secondary data has been collected through online and printed sources. The data analysis involves content analysis of the themes that are deduced from the extensive literature review. Furthermore, the data has been analyzed with Strength, Weakness, Opportunity, and Threats (SWOT) to analyze the impacts of internal and external factors on the sustainability of the SMEs. The study's findings divulge a spectrum of challenges spanning cost management intricacies, socio-cultural influences, and economic nuances that collectively impede SME progress. The absence of effective governmental policies, regulations, and actual need assessments of society and the economy results in enhanced vulnerabilities for SMEs. Similarly, the risk perceptions of the SMEs were found to be inaccurate, which led to ineffective cost management strategies and supply chain management during the COVID-19 pandemic. These findings cover the existing literature gap. The research paves the way for further micro-level research into the amalgamated impact of cost management and adequate supply chain management, especially during disruptive events such as the COVID-19 pandemic. Doi: 10.28991/ESJ-2023-07-06-018 Full Text: PDF

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Section: Unstable Political Structure Among Covid-mentioning

confidence: 99%

Cost Management and Supply Chain Management: Experiences of Vulnerable SMEs during COVID-19

Pathak,

Swatdikun,

Hao

2023

Emerg Sci J

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“…The epidemic has caused supply-chain disruptions, leading to a resurgence of transportation and logistics modalities and a shift in supplier and customer mind-sets [1]. In the dietary supplement sector, small-and medium-sized businesses (SMEs) have to deal with risks related to supply, demand, operations, logistics, and finances [2]. The epidemic has had a major impact on the logistics and transportation industries, affecting customer satisfaction and the ongoing supply of commodities [3].…”

Section: Introductionmentioning

confidence: 99%

Modelling a Logistics and Financial Supply Chain Network during the COVID-19 Era

Abbasi,

Vlachos,

Samadzadeh

et al. 2024

Logistics

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Background: Supply chain networks (SCNs) have been interrupted by the COVID-19 pandemic, leaving them open to financial losses. SCs have been impacted by the pandemic, necessitating the adoption of sustainable practices and dynamic capacities to ensure resilience and performance. Several studies have focused on this subject, offering insights into the importance of sustainable supply-chain management, corporate governance, big data management activities, and digital technology in minimising the consequences of the pandemic and fostering sustainability. Methods: This study suggests an analytical framework for assessing environmentally friendly procedures and dynamic capacities to assure performance in a disruptive environment. Results: The following are some of the important details and contributions in this article: (1) developed a conceptual framework for assessing dynamic capacities and sustainable behaviours considering COVID-19, (2) concentrates on financial ratios during COVID-19, and (3) established drivers for sustainable practices and competencies during disruption and unpredictable business settings. Conclusions: The suggested model can assist practitioners in creating and implementing sustainable supply chain (SC) activities and tracking and assessing their effects on the sustainability of businesses. So, the proposed model can assist managers in creating and implementing sustainable supply-chain activities and tracking and analysing their effects on the sustainability of businesses.

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Non-conformance report (NCR) on Malaysia halal certification: A case study among small-medium scale food enterprises (SMEs) in Malaysia

Abdul Halim,

Mutalib,

Abd Ghani

et al. 2024

Food Control

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Supply chain risk and SME business continuity strategies in the food industry during COVID-19 pandemic

Cited by 6 publications

References 56 publications

Cost Management and Supply Chain Management: Experiences of Vulnerable SMEs during COVID-19

Cost Management and Supply Chain Management: Experiences of Vulnerable SMEs during COVID-19

Modelling a Logistics and Financial Supply Chain Network during the COVID-19 Era

Non-conformance report (NCR) on Malaysia halal certification: A case study among small-medium scale food enterprises (SMEs) in Malaysia

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