Putting Supply Chain Resilience Theory into Practise

Management and Business Review, Forthcoming

Georgetown McDonough School of Business Research Paper No. 3742616

16 Pages Posted: 7 Dec 2020

See all articles by Morris A. Cohen

Morris A. Cohen

University of Pennsylvania - The Wharton School

Shiliang Cui

Georgetown University - McDonough School of Business

Sebastian Doetsch

WHU - Otto Beisheim School of Management

Ricardo Ernst

Georgetown University - Robert Emmett McDonough School of Business

Arnd Huchzermeier

WHU - Otto Beisheim School of Management

Panos Kouvelis

Washington University

Hau L. Lee

Stanford Graduate School of Business

Hirofumi Matsuo

Kobe University

Andy Tsay

Santa Clara University - Leavey School of Business

Date Written: December 4, 2020

Abstract

In a time of increasingly frequent disruptions with a global pandemic being the latest crisis, supply chain resilience becomes a priority for most executives. The basic roadmap to supply chain resilience is well established and generally understood by managers, however, implementation and execution remain a challenge. This paper is one of the first to focus on the gap between the theoretical resilience strategies and the actual execution and implementation of those strategies. Interviews with a group of top-level supply chain executives from best-in-class companies were conducted to understand their experiences and perspectives. Seven common implementation challenges such as accentuated efficiency and resilience trade-offs, fragmentation of decision-making, or heterogeneity of supply chains are identified. An independent supply chain risk management function, strong relationships to suppliers and contract manufacturers, a hierarchical supply chain approach, and the use of disruptions as a catalyst for step changes are recommendations to overcome those challenges. The information gathered suggest that a one-size-fits-all approach for the company’s supply chain does not work.

Keywords: Supply Chain, resilience, risk management, disruption, agility, manufacturing, implementation challenges

JEL Classification: L60, M11

Suggested Citation

Cohen, Morris A. and Cui, Shiliang and Doetsch, Sebastian and Ernst, Ricardo and Huchzermeier, Arnd and Kouvelis, Panos and Lee, Hau L. and Matsuo, Hirofumi and Tsay, Andy, Putting Supply Chain Resilience Theory into Practise (December 4, 2020). Management and Business Review, Forthcoming, Georgetown McDonough School of Business Research Paper No. 3742616, Available at SSRN: https://ssrn.com/abstract=3742616 or http://dx.doi.org/10.2139/ssrn.3742616

Morris A. Cohen (Contact Author)

University of Pennsylvania - The Wharton School ( email )

Philadelphia, PA 19104
United States

Shiliang Cui

Georgetown University - McDonough School of Business ( email )

Washington, DC 20057
United States

Sebastian Doetsch

WHU - Otto Beisheim School of Management ( email )

Burgplatz 2
Vallendar, 56179
Germany

Ricardo Ernst

Georgetown University - Robert Emmett McDonough School of Business ( email )

37th and O Streets, NW
Washington, DC 20057
United States

Arnd Huchzermeier

WHU - Otto Beisheim School of Management ( email )

Burgplatz 2
Vallendar, 56179
Germany
+49-261-6509380 (Phone)
+49-261-6509389 (Fax)

HOME PAGE: http://www.whu.edu/prod

Panos Kouvelis

Washington University ( email )

One Brookings Drive
Campus Box 1133
St. Louis, MO 63130-4899
United States

Hau L. Lee

Stanford Graduate School of Business ( email )

655 Knight Way
Stanford, CA 94305-5015
United States

Hirofumi Matsuo

Kobe University ( email )

2-1, Rokkodai-cho, Nada-ku
Kobe, 657-8501, 657-8501
Japan

Andy Tsay

Santa Clara University - Leavey School of Business ( email )

500 El Camino Real
Dept of Info Systems & Analytics (ISA)
Santa Clara, CA California 95053
United States

HOME PAGE: http://www.scu.edu/business/isa/faculty/tsay/

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