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Title: | Global value and supply chain in crisis - opportunities and challenges for developing-country firms | Authors: | Huynh Le Nhat Thong | Keywords: | Supply chain;Global value;Developing-country firms | Issue Date: | 2021 | Abstract: | The first part of this paper highlights major factors that cause disruption in the global value and supply chain ensuing the start of Covid-19, namely manufacturing utilization, lead-time and demand variability. Regarding the bullwhip effect that arises therefrom, two main causes are identified: demand signal processing for the downward pattern of demand in recession, and shortage gaming for specific sectors that have an upsurge in demand. The second part discusses the post-pandemic scenario, which includes the geographic relocation away from China and the transition towards the resilient, agile and sustainable digital supply network. From there, opportunities and challenges for developing-countries firm are presented. The opportunities include productivity boost, consumer market growth, technological know-how and capabilities development and a chance to climb up the value chain. At a supply chain level, the bullwhip effect can be mitigated and supply chain planning and operation can be improved via digitization and close collaboration. The challenges consist of meeting the performance requirements and Corporate Social Responsibility standards, pursuing business growth and the risk of climbing up the value chain. |
URI(1): | http://epub.vgu.edu.vn/handle/dlibvgu/1044 |
Appears in Collections: | Finance & Accounting (FA) Finance & Accounting (FA) |
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Global value and supply chain in crisis - opportunities and challenges for developing-country firms.pdf | 1.7 MB | Adobe PDF |
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