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

Decision Sciences, Forthcoming

36 Pages Posted: 16 Jun 2021

Date Written: June 6, 2021

Abstract

We offer the notion of ‘commons’ at different levels — within company, private across company, and gov- ernment 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, compa- nies 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.

Keywords: Supply chain risk management; supply chain disruption; COVID-19; resilience; industrial commons

Suggested Citation

Chopra, Sunil and Sodhi, ManMohan S. and Lücker, Florian, Achieving Supply Chain Efficiency and Resilience by Using Multi-level Commons (June 6, 2021). Decision Sciences, Forthcoming, Available at SSRN: https://ssrn.com/abstract=3861157 or http://dx.doi.org/10.2139/ssrn.3861157

Sunil Chopra

Northwestern University - Kellogg School of Management ( email )

2001 Sheridan Road
Evanston, IL 60208
United States

ManMohan S. Sodhi (Contact Author)

City, University of London - Bayes Business School ( email )

United Kingdom

Florian Lücker

City University London ( email )

Northampton Square
London, EC1V 0HB
United Kingdom

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