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Building Supply Chain Resilience And Antifragility: Strategies And Technologies For Mitigating Disruptions

Author

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  • Iulia IVAȘCENCO

Abstract

This paper examines the role of redundancy and robust supplier relationships in enhancing supply chain resilience, specifically focusing on the cosmetics industry. It explores strategic redundancy measures such as maintaining safety stock levels, diversifying transportation modes, strategic distribution center locations, and collaborating with backup suppliers. The study further discusses the importance of robust supplier relationships and details strategies to strengthen these relationships, including effective communication, collaborative planning, aligning goals, and fair and ethical treatment. To illustrate these concepts, the paper leverages case studies from global corporations, including Unilever, Estée Lauder, Toyota, Nike, Coca-Cola, Procter & Gamble, Apple, and Walmart. Conclusively, it provides future outlooks and actionable recommendations for enhancing resilience in the cosmetics industry's supply chain.

Suggested Citation

  • Iulia IVAȘCENCO, 2023. "Building Supply Chain Resilience And Antifragility: Strategies And Technologies For Mitigating Disruptions," Eastern European Journal for Regional Studies (EEJRS), Center for Studies in European Integration (CSEI), Academy of Economic Studies of Moldova (ASEM), vol. 9(1), pages 70-76, June.
    • Handle: RePEc:aem:journl:v:9:y:2023:i:1:p:70-76
    DOI: https://doi.org/10.53486/2537-6179.9-1.06
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    More about this item

    Keywords

    supply chain management; antifragility; resilience; risk management; technology.;
    All these keywords.

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis

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