Describe some of the major shocks to the supply chain caused by the Coronavirus pandemic and Russia’s invasion of Ukraine
Describe some of the major shocks to the supply chain caused by the Coronavirus pandemic and Russia’s invasion of Ukraine. What supply chain lessons have been learned from either or both of these crisis?
Homework 2: 4 pages with at least 2 references
Answer the following questions
1. What is meant by supply chain vulnerability? 2. Describe the four major types of supply chain risk and their impact 3. Describe supply chain resilience and how to improve it 4. How can technology reduce risk and improve resilience in the supply chain? 5. Review article titled “Supply Chains Become Self-Thinking” by Calatayud and Mangan on pages 259-261 then address the question on page 261 related to the potential pitfalls of this progression. 6. The United Nations Conference on Trade and Development (UNCTAD) provides some interesting metrics. Describe the following measures: a. Container Port Connectivity Index (CPCI) b. Linear Shipping Connectivity Index (LSCI) c. Linear Shipping Bilateral Connectivity Index (LBCI)
Reference:
Mangan, J. J., & Lalwani, C. C. (2020). Global logistics and supply chain management (4th ed.). Hoboken, NJ: John Wiley & Sons.
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