Abstract
Since the beginning of 2020, many companies’ supply chains have been affected due to the disruptions caused by the pandemic. From production stoppages in facilities to shortages of supplies, logistical problems, and shortages of labor, the problems persist even now. Many companies made adjustments to their supply chains to cope with the impacts of supply chain disruptions. These adjustments include changes in product offerings and production schedules, changes in sourcing and distribution strategies, and changes in scheduling work and outsourcing. In this research, we report on a survey of the effects of the pandemic on supply chains and the consequent adjustments made by companies to cope with these effects. The survey includes long-term and short-term adjustments in different industries such as automotive, semiconductor, pharmaceutical, food and beverage, transportation, and retail. We also present lessons learned from such disruptions and identify the factors for companies and industries to consider in making their supply chains resilient to similar disruptions.
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Acknowledgments
We would like to thank the Margolis Lab at the Gies College of Business at the University of Illinois at Urbana-Champaign for providing us with the opportunity to collect industry data from Bloomberg. We thank Mr. Mayank Tripathi for his support in doing this research. We also thank the student of the supply chain management course at the Gies College of Business for initial data collection. We acknowledge the generous support from the Collaboratory Initiative in the Information, Operations, Supply Chain, and Analytics (IOSA) Area in the Department of Business Administration at the Gies College of Business.
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Moshref-Javadi, M., Seshadri, S. (2024). Adjustments to Supply Chains in Response to the COVID-19 Pandemic: A Survey. In: Moshref-Javadi, M., Seshadri, S. (eds) Impacts of COVID-19 on Supply Chains. Springer Business Cases. Springer, Cham. https://doi.org/10.1007/978-3-031-47734-8_1
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