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Achieving Supply Chain Efficiency and Resilience by Using Multi-level Commons

Chopra, S., Sodhi, M. ORCID: 0000-0002-2031-4387 and Lucker, F. ORCID: 0000-0003-4930-9773 (2021). Achieving Supply Chain Efficiency and Resilience by Using Multi-level Commons. Decision Sciences, doi: 10.1111/deci.12526

Abstract

We offer the notion of ‘commons’ at different levels — within company, private across company, and government sponsored across industry sectors — and discuss how the creation of such commons enabled firms to be both efficient during normal times and resilient against the disruptions resulting from COVID-19. At the same time, there are many proven strategies providing resilience in supply chains. For instance, companies that used multiple channels to improve efficiency when facing day-to-day demand-and-supply variations found that the structure also offered resilience without additional cost when COVID struck. We discuss how the presence of commons lowers the cost for firms to adopt such resilience building supply chain strategies. We discuss factors that impact the creation of these commons and conclude with a number of questions to guide further research into the role of industry commons in facilitating supply-chain resilience.

Publication Type: Article
Additional Information: This is the peer reviewed version of the following article: Lucker, F. , Chopra, S. and Sodhi, M. (2021). Achieving Supply Chain Efficiency and Resilience byUsing Multi-level Commons. Decision Sciences, which has been published in final form at http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1540-5915. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions.
Publisher Keywords: Supply chain risk management; supply chain disruption; COVID-19; resilience; industrial commons
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Departments: Business School > Management
Date available in CRO: 14 Apr 2021 08:54
Date deposited: 14 April 2021
Date of acceptance: 12 April 2021
Date of first online publication: 12 May 2021
URI: https://openaccess.city.ac.uk/id/eprint/25906
[img] Text - Accepted Version
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