IDEAS home Printed from https://ideas.repec.org/a/gam/jrisks/v10y2022i10p189-d928292.html
   My bibliography  Save this article

The COVID-19 Impact on Supply Chains, Focusing on the Automotive Segment during the Second and Third Wave of the Pandemic

Author

Listed:
  • Beáta Sz. G. Pató

    (Faculty of Social Sciences, Eötvös Loránd University, 1053 Budapest, Hungary)

  • Márk Herczeg

    (Doctoral School on Safety and Security Sciences, Óbuda University, 1081 Budapest, Hungary)

  • Ágnes Csiszárik-Kocsir

    (Keleti Károly Faculty of Business and Management, Óbuda University, 1081 Budapest, Hungary)

Abstract

In the last few years, there have been several big changes in the automotive industry, and global automotive supply chains have faced many challenges, mainly due to the COVID-19 epidemic. The virus had several huge impacts on the global market, with different risk management approaches companies and global supply chains needed to adapt to the altered situation. During the second and third wave of the epidemic, several regions and countries were under lockdown for different intervals in order to stop the spread of the virus. Some countries entered lockdown for the first time, and many of them entered lockdown again, as when the first wave occurred. The economy of the Philippines is dependent on electronics-related industries, which faced extraordinary risks from different sources, and these industries suffered severe consequences because of COVID-19. Crucial automotive suppliers outsource their production facilities to the Philippines region, and the dominant semiconductor segments were heavily impaired due to the lockdowns. Electrification in the automotive industry and the spread of electric vehicles is becoming increasingly important due to rapid technological development. The economic shock caused by COVID-19 forced companies in this sector to diversify their supply chain activities in order to stay competitive, minimize the supply chain-related risks and to start recovery processes. The authors analysed the risks, position, opportunities, challenges, difficulties, reactions and solutions of a certain automotive supplier, which was heavily reliant on the Philippines, and Chinese suppliers.

Suggested Citation

  • Beáta Sz. G. Pató & Márk Herczeg & Ágnes Csiszárik-Kocsir, 2022. "The COVID-19 Impact on Supply Chains, Focusing on the Automotive Segment during the Second and Third Wave of the Pandemic," Risks, MDPI, vol. 10(10), pages 1-17, September.
    • Handle: RePEc:gam:jrisks:v:10:y:2022:i:10:p:189-:d:928292
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2227-9091/10/10/189/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2227-9091/10/10/189/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. repec:cup:judgdm:v:8:y:2013:i:5:p:512-520 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Maria Richert & Marek Dudek, 2023. "Risk Mapping: Ranking and Analysis of Selected, Key Risk in Supply Chains," JRFM, MDPI, vol. 16(2), pages 1-30, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jrisks:v:10:y:2022:i:10:p:189-:d:928292. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.