Skip to main content

Supply Chain Strategies in Difficult Times

  • Chapter
  • First Online:
  • 4459 Accesses

Abstract

This chapter examines the strategic decisions taken by supply chain managers during the current (post-2008) economic recession. The objective was to identify and understand the changes that companies had made, or planned to make, in their company supply chain strategy in response to this changing economic environment. A longitudinal approach was adopted, and a series of questionnaire survey rounds were carried out. Over 300 responses from three countries were received. The findings from the first two survey rounds indicated that only a limited number of companies had made significant changes to their supply chain strategies, but this number increased as the recession continued. While a common company response was to downsize the organisation, there were also other strategic changes such as changes in the use of third party logistics, in warehousing choices and in a move to more local suppliers. In the broader context, the results can contribute to the understanding of how companies evolve their supply chain strategies when dealing with a significant change in the external environment.

This is a preview of subscription content, log in via an institution.

Buying options

Chapter
USD   29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD   84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD   149.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD   109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Learn about institutional subscriptions

References

  • Beamon, B. M. (1998). Supply chain design and analysis: Models and methods. International Journal of Production Economics, 55(3), 281–294.

    Article  Google Scholar 

  • Bentley, Y., & He, Q. (2009). Managing supply chains in a downturn. In Logistics Research Network Annual Conference - Volatile and Fragile Supply Chains. Wales: Cardiff University.

    Google Scholar 

  • Blanchard, O. J. (2009). The crisis: Basic mechanisms and appropriate policies (April 2009). IMF Working Papers, pp. 1–22.

    Google Scholar 

  • Borge, D. (2001). The book of risk. New York: John Willey & Sons.

    Google Scholar 

  • Bryman, A. (2004). Social research methods. New York: Oxford University Press Inc.

    Google Scholar 

  • Burgelman, R. A. (1983). A model of the interaction of strategic behavior, corporate context, and the concept of strategy. Academy of Management Review, 8(1), 61–70.

    Google Scholar 

  • Christopher, M. (1992). Logistics: The strategic issues (Ed.). London: Champan Hall, pp. 63–75.

    Google Scholar 

  • Christopher, M. (1998). Logistics and supply chain management: Strategies for reducing costs and improve service. London: FT Prentice Hall.

    Google Scholar 

  • Christopher, M., & Holweg, M. (2011). “Supply chain 2.0”: managing supply chains in the era of turbulence. International Journal of Physical Distribution & Logistics Management, 41(1), 63–82.

    Article  Google Scholar 

  • European, Union. (2003). SME definition: Commission recommendation 2003/361/EC. Journal of the European Union, L 124, 36.

    Google Scholar 

  • Fredrickson, J. W., & Mitchell, T. R. (1984). Strategic decision process: Comprehensiveness and performance in an industry with an unstable environment. The Academy of Management Journal, 27(2), 399–423.

    Article  Google Scholar 

  • Freeman, D. A., Pisani, R., & Purves, R. A. (1998). Statistics (3rd ed.). New York: W.W. Norton, Inc.

    Google Scholar 

  • Glaser, B. G., & Strauss, F. (1967). The discovery of grounded theory: Strategies for qualitative research. New Jersey: Transaction Publishers.

    Google Scholar 

  • Hague, P. N., Hague, N., & Morgan, C. A. (2004). Market research in practice: A guide to the basics. London: Kogan Page.

    Google Scholar 

  • Harland, C., Brenchley, R., & Walker, H. (2003). Risk in supply networks. Journal of Purchasing and Supply Management, 9(2), 51–62.

    Article  Google Scholar 

  • Hoffer, C. W. (1975). Toward a contingency theory of business strategy. Academy of Management Journal, 18(4), 784–810.

    Article  Google Scholar 

  • Jüttner, U. (2005). Supply chain risk management: Understanding the business requirements from a practitioner perspective. International Journal of Logistics Management, 16(1), 120–141.

    Article  Google Scholar 

  • Jüttner, U., Peck, H., & Christopher, M. (2003). Supply chain risk management: Outlining an agenda for future research. International Journal of Logistics: Research & Applications, 6(4), 197–210.

    Article  Google Scholar 

  • Lalonde, B. J., & Masters, J. M. (1994). Emerging logistics strategies: Blue prints for the next century. International Journal of Physical Distribution & Logistics Management, 24(7), 35.

    Article  Google Scholar 

  • Leggett, J. (2005). Half gone. oil, gas, hot air and the global energy crisis. London: Portobello Books.

    Google Scholar 

  • Miller, D., & Friesen, P. H. (1983). Strategy-making and environment: The third link. Strategic Management Journal, 4(3), 221–235.

    Article  Google Scholar 

  • Mitchell, V. W. (1995). Organizational risk perception and reduction: A literature review. British Journal of Management, 6(2), 115.

    Article  Google Scholar 

  • Priem, R. L., Rasheed, A. M. A., & Kotulic, A. G. (1995). Rationality in strategic decision processes, environmental dynamism and firm performance. Journal of Management, 21(5), 913–929.

    Article  Google Scholar 

  • Reuters (2009). Three top economists agree 2009 worst financial crisis since great depression; risks increase if right steps are not taken. (29 February 2009). Reuters. Retrieved 31 July 2011, Business Wire News database.

    Google Scholar 

  • Tan, J. J., & Litschert, R. J. (1994). Environment-strategy relationship and its performance implications: An empirical study of the chinese electronics industry. Strategic Management Journal, 15(1), 1–20.

    Article  Google Scholar 

  • Van Hoek, R. I. (1998). Measuring the unmeasurable - measuring and improving performance in the supply chain. Supply Chain Management: An International Journal, 3(4), 187–192.

    Article  Google Scholar 

  • Wagner, S. M., & Bode, C. (2008). An empirical examination of supply chain performance along several dimension of risk. Journal of Business Logistics, 29(1), 307–325.

    Article  Google Scholar 

  • Zajac, E. J., Kraatz, M. S., & Bresser, R. K. F. (2000). Modeling the dynamics of strategic fit: A normative approach to strategic change. Strategic Management Journal, 21(4), 429–453.

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Yongmei Bentley .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2014 Springer-Verlag London

About this chapter

Cite this chapter

Bentley, Y. (2014). Supply Chain Strategies in Difficult Times. In: Ramanathan, U., Ramanathan, R. (eds) Supply Chain Strategies, Issues and Models. Springer, London. https://doi.org/10.1007/978-1-4471-5352-8_11

Download citation

  • DOI: https://doi.org/10.1007/978-1-4471-5352-8_11

  • Published:

  • Publisher Name: Springer, London

  • Print ISBN: 978-1-4471-5351-1

  • Online ISBN: 978-1-4471-5352-8

  • eBook Packages: EngineeringEngineering (R0)

Publish with us

Policies and ethics