Supply chain disruptions,including trade disputes,regional conflicts,and the COVID-19 pandemic,have high-lighted the importance of supply chain resilience.This study focuses on investment decisions related to supply c...Supply chain disruptions,including trade disputes,regional conflicts,and the COVID-19 pandemic,have high-lighted the importance of supply chain resilience.This study focuses on investment decisions related to supply chain resilience,including considerations of supply disruptions,demand surges,and demand time sensitivity.The study uses a Stackelberg game model,with the retailer as the leader and the supplier as the follower,to analyze and compare optimal strategies for supply chain participants under different levels of risk.The results show that the severity of risk events impacts the optimal retail price,optimal wholesale price,supply chain recovery time,and expected profits for each participant.The investment in supply capacity enhancement not only expands the ability to meet demand but also encourages suppliers to expedite supply chain recovery,elevate demand fulfill-ment rates,and enhance the overall return on investment in supply chain resilience.As a result,the resilience of the entire supply chain is fortified.Similarly,it has been found that centralized decision-making leads to lower prices,shorter recovery times and greater supply chain resilience than decentralized decision-making.This study offers theoretical underpinning for corporations to effectively address risky occurrences,ensure supply security,enhance supply chain resilience,and imparts support for governments involved in humanitarian relief efforts.展开更多
The COVID-19 pandemic has exposed vulnerabilities in global supply chains,leading to economic damage and product shortages caused by demand surges and supply disruptions.Concurrently,geopolitical conflicts and the ris...The COVID-19 pandemic has exposed vulnerabilities in global supply chains,leading to economic damage and product shortages caused by demand surges and supply disruptions.Concurrently,geopolitical conflicts and the rising frequency of natural disasters due to climate change have amplified the urgency to develop strategies for building resilient supply chains.This article presents a comprehensive literature review on inventory management strategies for enhancing supply chain resilience,such as stockpiling,multi-sourcing,capacity reservation,and flexible supply contracts.We classify these strategies into two categories:one deals with supply-side disruption risks,and the other deals with demand-side disruption risks.For each category,we summarize the practical challenges,the state-of-art research,and potential avenues for future research.展开更多
基金supported by the National Natural Science Foundation of China(71932002)China Scholarship Council(202206540068).
文摘Supply chain disruptions,including trade disputes,regional conflicts,and the COVID-19 pandemic,have high-lighted the importance of supply chain resilience.This study focuses on investment decisions related to supply chain resilience,including considerations of supply disruptions,demand surges,and demand time sensitivity.The study uses a Stackelberg game model,with the retailer as the leader and the supplier as the follower,to analyze and compare optimal strategies for supply chain participants under different levels of risk.The results show that the severity of risk events impacts the optimal retail price,optimal wholesale price,supply chain recovery time,and expected profits for each participant.The investment in supply capacity enhancement not only expands the ability to meet demand but also encourages suppliers to expedite supply chain recovery,elevate demand fulfill-ment rates,and enhance the overall return on investment in supply chain resilience.As a result,the resilience of the entire supply chain is fortified.Similarly,it has been found that centralized decision-making leads to lower prices,shorter recovery times and greater supply chain resilience than decentralized decision-making.This study offers theoretical underpinning for corporations to effectively address risky occurrences,ensure supply security,enhance supply chain resilience,and imparts support for governments involved in humanitarian relief efforts.
基金supported by the National Natural Science Foundation of China(72104131).
文摘The COVID-19 pandemic has exposed vulnerabilities in global supply chains,leading to economic damage and product shortages caused by demand surges and supply disruptions.Concurrently,geopolitical conflicts and the rising frequency of natural disasters due to climate change have amplified the urgency to develop strategies for building resilient supply chains.This article presents a comprehensive literature review on inventory management strategies for enhancing supply chain resilience,such as stockpiling,multi-sourcing,capacity reservation,and flexible supply contracts.We classify these strategies into two categories:one deals with supply-side disruption risks,and the other deals with demand-side disruption risks.For each category,we summarize the practical challenges,the state-of-art research,and potential avenues for future research.
