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The case for value chain resilience

Author

Listed:
  • Igor Linkov
  • Savina Carluccio
  • Oliver Pritchard
  • Áine Ní Bhreasail
  • Stephanie Galaitsi
  • Joseph Sarkis
  • Jeffrey M. Keisler

Abstract

Purpose - Value chain analyses that help businesses build competitive advantage must include considerations of unpredictable shocks and stressors that can create costly business disruptions. Enriching value chain analysis with considerations of system resilience, meaning the ability to recover and adapt after adverse events, can reduce the imposed costs of such disruptions. Design/methodology/approach - The paper provides a perspective on resilience as both an expansion and complement of risk analysis. It examines applications of both concepts within current value chain literature and within supply chain literature that may inform potential directions or pitfalls for future value chain investigations. Established frameworks from the broader field of resilience research are proposed for value chain resilience analysis and practice. Findings - The synthesis reveals a need to expand value chain resilience analysis to incorporate phases of system disruption. Current explorations in the literature lack an explicit acknowledgement and understanding of system-level effects related to interconnectedness. The quantification methods proposed for value chain resilience analysis address these gaps. Originality/value - Using broader resilience conceptualizations, this paper introduces the resilience matrix and three-tiered resilience assessment that can be applied within value chain analyses to better safeguard long-term business feasibility despite a context of increasing threats.

Suggested Citation

  • Igor Linkov & Savina Carluccio & Oliver Pritchard & Áine Ní Bhreasail & Stephanie Galaitsi & Joseph Sarkis & Jeffrey M. Keisler, 2020. "The case for value chain resilience," Management Research Review, Emerald Group Publishing Limited, vol. 43(12), pages 1-1, June.
    • Handle: RePEc:eme:mrrpps:mrr-08-2019-0353
    DOI: 10.1108/MRR-08-2019-0353
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    Citations

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    Cited by:

    1. Agar Quinter & Nyongesa Destaings Nyenyi, 2024. "Value Chain Analysis and Organizational Performance in Coca-Cola Company in Kenya; A Qualitative Analysis," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(7), pages 784-805, July.
    2. Yu, Yu & Ma, Daipeng & Qian, Yingmiao, 2023. "A resilience measure for the international nickel trade network," Resources Policy, Elsevier, vol. 86(PA).

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