Pandemic, war, financial crises - disruption of supply chains

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• Characteristics of modern supply chains is that they operate in an environment of heightened uncertainty
and business risk.
• Supply chains today are possibly more vulnerable to disruption than has been the case for many years.
• Recent events have highlighted once again how vulnerable to disruption are our increasingly global supply
chains.
The goal of this thesis is to review the impact of events that are considered to be the main sources of global
supply chain disruption, to showcase how companies or different economic sectors were doing to mitigate the
risks and what they have done to solve the issues caused by supply chain disruption to return back to normal.
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1. How the recent events causing disruptions of global supply chains? (COVID, War, Financial crises)
2. Did the SCM science have a good understanding of the factors of supply chain disruption that catalyzed the
recent disruptions?
3. Which are the concepts of modern SCM that will likely cause vulnerability to disruptions?
4. What strategies or tactics implemented by companies to overcome supply chain disruptions?
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CASES:
1.
US-China trade war
2.
Pandemics (Avian flu, COVID-19)
3.
Russia-Ukraine war
LITERATURE:
1.
Supply Chain Disruption by Avian
https://www.jstor.org/stable/40904915
flu
Pandemic
for
U.S.
Companies:
A
Case
Study
(2010)
2.
COVID-19 pandemic related supply chain studies: A systematic review https://doi.org/10.1016/j.tre.2021.102271
3.
Russo-Ukrainian war amid the COVID-19 pandemic: Global impact and containment strategy – Correspondence
https://doi.org/10.1016/j.ijsu.2022.106675
4.
Between Russia as producer and Ukraine as a transit country: EU dilemma of interdependence and energy security
https://doi.org/10.1016/j.enpol.2020.111699
5.
Mefford, R.N. (2009). The financial crisis and global supply chains. AIB Insights, 9(3), pp. 8-11.
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Survey of scientific literature on SCM risks and its mitigation.
Review of articles on events that caused global supply chain disruptions and its aftermath.
Case study of companies reorganizing their supply chain systems due to disruption risks.
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INTRODUCTION
Chapter 1. Supply chain optimisation
1.1 Supply chain management: its economic essence, importance and role in the modern economy
1.2 The current state of the global supply chain
1.4 Risk mitigation 1.3 Modes and functioning of the supply chain
in the supply chain
Part 2 The coronavirus pandemic: lessons for humanity
2.1 The COVID-19 crisis as an indicator of imperfect supply chain models
2.2 Impact of COVID-19 on the global economy
2.3 Supply chain disruption due to COVID-19
2.3.1 Results occurred just after the start of the severe pandemic response
2.3.2 Results today after many restrictions have been lifted in most countries
Part 3 The nature and characteristics of the financial crisis
3.1 The nature of financial crises
3.2 Causes of modern financial crisis
3.3 Supply chain disruption due to the financial crisis
Part 4 The war in Ukraine – disruption of the supply chain
4.1 Hybrid warfare as a new conflict
4.2 War in Ukraine – disruption of supply chains
Part 5. Summing up the master’s work – rename it
5.1 Classification and description of differences in nature
5.2 Influences of 3 factors on the supply chain
Conclusions
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Comments of the supervisor:
1.
Regarding the goal – you should need to show what companies do proactively beforehand to reduce the effect of disruption and
afterwards what were their reaction of that and how they get back into usual mode of operation and how do they change things.
2.
Regarding the structure – in the beginning you should have a starting chapter about the state of the art of global supply chain, the ways
of their operating and risks mitigation.
3.
Depending on where we have risks (war – risk on supply side from the european point of view, as Ukraine is a supplier for many
industries). Need to make the connections between every chapters.
4.
Better to have summarizing part for every chapters, that shows consequences of those events to supply chain, what might be the future,
how we might organize supply chain in future in order to avoid being affected so much from such events, or can we do anything
5.
You could also try to find some similarities to provide in conclusion for all three cases. Like overall learnings out of those cases.
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