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Value Chain Resilience During the COVID-19 Pandemic
Meta ArhMichael T. McManusGerd Meier zu KöckerMateja Dermastia
其他書名
Lessons Learned in the Food and Natural Cosmetics Sectors
出版Anteja ECG, 2021
ISBN96107086339789610708636
URLhttp://books.google.com.hk/books?id=13DGzgEACAAJ&hl=&source=gbs_api
註釋With the rise of the Delta variant of Covid-19 at the beginning of 2021, a study was conducted on value chain resilience. The value chains in question were food, natural cosmetics and natural pharmaceuticals with the focus on companies from regions being Baden-Württemberg and Slovenia. The Covid-19 pandemic has exposed vulnerabilities in production and supply chains throughout the EU and wider world. Various studies imply that reorganizing value chains is imperative to making them more resilient. However, the level of exposure to pandemics differed among industries. Companies had multiple options for building resilience, and the major resilience strategies vary by industry. For some, it is essential to increase the inventory of critical products1 . For others, diversifying value chains ensures less dependency on external production and, where they are dependent on external producers, ensures that such dependence is spread amongst more trading partners.%%The objective of the current study was to gain insights and lessons learned on measures and strategies that firms from the food, natural cosmetics and natural pharmaceuticals industries apply to mitigate the adverse impacts of the Covid-19 pandemic and ensure their value chains% resilience in times of crises and high uncertainty. While there are several theoretical concepts on value chain resilience, this study provides empirical examples of twenty companies from Baden-Württemberg and Slovenia, who shared their latest experiences with the effects of Covid-19 in the interviews.