California Management Review · 2022 · 68 citations · 30 references
ManagementOperations ManagementSupply Chain ManagementGlobal Operations ManagementGlobal StrategyGlobalizationGlobal Production NetworksGlobal Supply Chain StrategyGlobal Supply ChainsGlobal Value Chain StrategyGlobal Value ChainsValue Chain ManagementCoordinationGlobal Value Chain CoordinationGlobal Value Chain ReconfigurationLocal Production SystemsManufacturingProduction ResilienceResilient OperationsResilient Supply Chains
The COVID-19 pandemic shocked the global economy, laying bare the coordination challenges and vulnerabilities of global value chains (GVCs) across sectors. Governments, consumers, and firms alike have called for greater GVC resilience to ensure critical products are delivered to the right place, at the right time, and in the right condition. This article investigates whether GVC reconfiguration through the adoption of redistributed manufacturing (RDM) in local production can deliver greater resilience against unexpected, disruptive global events. It proposes actionable steps for managers to ensure more resilient GVCs in the face of global shocks.
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