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Recent catastrophic events have disrupted supply chains around the globe, causing practitioners and academics to look more closely at recovery strategies. Recent examinations of supply chain disruptions focus primarily upon the recovery process and its impacts on firm performance. However, less is known about how supply chain disruptions affect bus...
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Drawing on theoretical assumptions from equity theory applied to exchange situations between businesses, and justice concepts applied to supply chains, this work has the original objective of discussing the level of implementation of social aspects of operations management by focusing on inter-organizational justice in Brazilian’s supply chains. In...
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... As such, the (dis)similarities between apparently different IOR disruptions remain unclear. As for theory, this literature fragmentation means that extant research has zoomed into the antecedents (e.g., Parkhe, 1993;Das & Teng, 2000) or focused on the consequences of disruptions (e.g., Zhelyazkov & Gulati, 2016;Porterfield et al., 2012) without developing a holistic view of IOR disruptions that can help to understand adaptative action (Inkpen & Beamish, 1997;Keller et al., 2021). As such, important questions remain unanswered about the actual nature of disruptions and, in turn, their impact on the factors and processes underlying rent generation in IORs, and how partners can mitigate the impact and eventually adapt to disruptions largely unanswered. ...
... Moreover, the proliferation of research about diverse IOR disruptions has muddied the definition of "IOR disruptions" that has been used to refer to partnership malfunctioning (Lokshin et al., 2011), instability due to a partner's withdrawal (Bakker, 2016), or cultural differences in cross-national IORs (Gill & Butler, 2003). For example, Inkpen and Beamish (1997: 177) refer to instability "as a major change in partner relationship status that is unplanned and premature from one or both partners' perspectives," but this notion of instability would also appear to overlap with the notion of disruption widely used in prior research (e.g., Porterfield et al., 2012;Kim et al., 2015). ...
Interorganizational relationships play a vital role in sustaining a firm's competitive advantage, but these relationships must continuously adapt to evolving conditions and unexpected circumstances. In this chapter, we synthesize a fragmented literature about interorganizational disruptions, which we organize around integrative taxonomy to help assess received wisdom and point directions for future research. We detail a research agenda to push the frontiers of the literature about processes value creation, managing internal and external stakeholders and critical contingencies.
... A depreciating currency can lead to increased production costs, which in turn can result in higher prices (Chatterjee, Dix-Carneiro, and Vichyanond, 2013); (f.) Fiscal Policy: Government over spending and taxation can also impact inflation. Increased government overspending and large budget deficits accumulated can lead to inflation (Musgrave, 1972); (g.) Supply Chain Disruptions: Natural disasters, pandemics, or geopolitical tensions can disrupt global and domestic supply chains, resulting in shortages of goods and subsequent price increases (Tobin, Macdonald, and Stanley, 2012); (h.) Energy Prices: Fluctuations in energy prices can significantly impact inflation. ...
This paper aims to explore the potential implementation of the Argentinean Digital Peso (AD-Peso) under the uses of a digital wallet (with using handphones) as a strategy to address the persistent issue of uncontrollable inflation in Argentina. Our central thesis posits that the Argentinean Digital Peso (AD-Peso) can effectively reduce the unnecessary printing of M1 (cash in circulation) while promoting M2 (Deposits), offering a more precise means of controlling inflation. This proposal is complemented by a comprehensive fiscal policy reform involving efficient tax collection and government spending reduction, coupled with a monetary policy reform that includes the regulation of money supply, improved quantification of money demand, lower interest rates, incentivized sales through discounted rates, measures against money laundering and illicit markets, and enhanced monitoring of the exchange rate. Furthermore, the AD-Peso is anticipated to streamline transactions, fostering cost-effectiveness, and expediting the circulation of money within the market. The pivotal factor for the success of this transition hinges on the vigilant oversight and management of the AD-Peso by the introduction of the Argentinean Central Bank Digital Currency (ACBDC), given that the AD-Peso falls under the M5 category in the measurement of money supply. Finally, we want to evaluate if Argentina continues the uses of the actual Argentinean peso, or fully change to US$, or introduce the AD-Peso that can help Argentina to control its ongoing hyperinflation crisis.
... Falkenreck and Wagner (2010) emphasized the necessity of open and honest communication between organizations and their consumers to develop a positive reputation and increase customer satisfaction. Similiarly, Porterfield, Macdonald, and Griffis (2012) highlight the importance of honesty after a supply chain disruption in order to recover from such a disruption. And Hansen, Lund, and DeCarlo (2016) invetigate the relevance of two recovery stratgies (i.e., appology and compensation) after an ethical transgression. ...
... A depreciating currency can lead to increased production costs, which in turn can result in higher prices (Chatterjee, Dix-Carneiro, and Vichyanond, 2013); (f.) Fiscal Policy: Government over spending and taxation can also impact inflation. Increased government over-spending and large budget deficits accumulated can lead to inflation (Musgrave, 1972); (g.) Supply Chain Disruptions: Natural disasters, pandemics, or geopolitical tensions can disrupt global and domestic supply chains, resulting in shortages of goods and subsequent price increases (Tobin, Macdonald, and Stanley, 2012); (h.) Energy Prices: Fluctuations in energy prices can significantly impact inflation. ...
This research paper introduces a groundbreaking concept in the field of Economics, specifically in the study of inflation, termed "Megasinflation." While the conventional term "Hyperinflation" is used to denote an inflationary scenario characterized by three-digit percentage increases, our objective is to propose a novel economic indicator and examine its applicability through empirical analysis. Megasinflation is defined as an unbridled and boundless inflationary process that has the potential to precipitate socioeconomic turmoil at any time and in any place. This paper conducts a comprehensive examination of one compelling case: Argentina. Through this case study, we aim to shed light on the implications and manifestations of Megasinflation. Finally, we provide a comprehensive overview of the concept of Megasinflation and introduce a new indicator called the Megasinflation Critical Point (MC-Point), which is supported by empirical analysis of this key case.
... The sources of SC disruptions could be from demand, supply, regulatory, infrastructure, or catastrophe (Filbeck and Zhao 2020). Porterfield et al. (2012) categorized SC disruptions as natural disaster and manmade. Once the disruption occurs, it bears severe negative consequences for the firms (Ambulkar et al. 2015). ...
The inherent nature of complex relationships among partners made the supply chain (SC) prone to disruptions. The SC disruptions have severe negative consequences on SC performance. Firms are constantly seeking appropriate strategies that can mitigate the effects of SC disruption. The extant literature in information systems suggests that modern technologies can be used in the supply chain to mitigate the risks caused by SC disruptions. Blockchain is a novel disruptive technology that has promising applications in the supply chain. Because of its special characteristics, blockchain is perceived to be immutable, secured, and transparent. As a part of the mitigating strategy, this paper shows how the adoption of blockchain technology can lessen the detrimental effects of SC disruptions by developing SC capabilities. The blockchain-enabled SC capabilities are flexibility, traceability, transparency, visibility, collaboration, and trust.
... Supply chain disruption management (SCDM) investigates the impact of SCDs throughout the overall supply chain and manages the entire lifecycle thereof (Porterfield et al., 2012). The interdependence between supply chain partners signals the need for firms to engage in collaboration efforts during the disruption recovery phase (Basole & Bellamy, 2014). ...
... It doesn't just affect us; it affects the people all the way down." (P17, male, owner) SCDs impact all network partners in the supply chain due to network interdependence, demonstrating the need for SCC in SCD recovery (Porterfield et al., 2012;Basole & Bellamy, 2014). This study's findings support the literature stating that SCC plays an interconnecting role between network partners in SCD recovery. ...
Purpose of the study: Supply chains are faced with various disruptions which impact the performance of the focal firm and its network partners, such as third-party logistics providers (3PLs). Successful supply chain collaboration (SCC) can improve supply chain performance and provide greater synergistic advantages to network partners than could be achieved when working independently. SCC has been addressed extensively in the literature, but the specific role of SCC in supply chain disruption (SCD) recovery is unclear. This study aimed to explore how South African 3PLs and their clients collaborate during SCD recovery and the enablers of and barriers to such SCC.
Design/methodology/approach: This study employed a generic qualitative research design. Data were collected from ten 3PLs and ten client firms through semi-structured interviews with senior managers.
Findings: The study identified four distinct roles of SCC during disruption recovery: facilitating, contributing, interconnecting and retaining. Furthermore, 3PLs and clients identified communication, IT, risk mitigation, and risk response tools and techniques for SCC during SCD recovery. In addition, the findings also reveal a range of intra- and inter-firm enablers and barriers to SCC during disruption recovery.
Recommendations/value: This study builds on the current literature by exploring SCC in SCD recovery within an emerging market setting, and SCC between 3PLs and their clients in an SCD recovery context.
Managerial implications: Having a deeper understanding of the role of SCC in SCD recovery, the tools and techniques for SCC in SCD recovery and what drives and prevents SCC in SCD recovery, practitioners can fully realise the benefits associated with successful SCC in SCD recovery.
... Major shifts can be related to investment in large infrastructure, such as the opening of larger Panama Canal locks in 2016 (Medina, Kim, and Lee 2021). Man-made disruptions would exert the most negative influence (Lam and Su 2015) as they impair normal routine of port operations, productivity and customer relationships (Porterfield, Macdonald, and Griffis 2012;Galvao, Wang, and Mileski 2016). In the longer term, they influence port choice, port costs and revenues as well as the national or regional socio-economic welfare (Hall 2004;Notteboom 2010;Lam 2015, 2016). ...
The purpose of this paper is to discuss the implications of COVID-19 on container import flows via the US port distribution system. We employ statistics collected for more than 21 US ports and for more than 550,000 container shipments by Walmart and Nike to identify trends and potential shifts in the US port distribution system. Results unveil different changes in distribution channels during the pandemic era, between aggregated port level and industry level. These differences are specific to firms and could be explained by the origin of flows, carrier selection to transport cargos and US port/inland distribution systems. Our study contributes to a better understanding of the different role played by ports for industries (retailers, footwear and apparel) and shows that the ability to adapt supply chains to a major disruption remains subject to the initial choices on the location of production, on carrier choices and on port/inland distribution networks.
... Applying flexibility measures to manage a disruption is not straightforward; previous research has noted various factors that determine the performance of disruption recovery, for example, responsiveness among partners in the supply chain (Porterfield et al., 2012) and characteristics of the recovery team (Macdonald and Corsi, 2013). Also, perception and mitigation of a disruption may differ due to previous experiences (Ellis et al., 2011). ...
Purpose
There can be many negative effects from a disruption in a central node of companies' supply chains, such as a port conflict that reduces capacity. Strategies for disruption management include flexibility and redundancy. This paper aims to analyse a supply chain disruption from flexibility and capacity perspectives.
Design/methodology/approach
A case study was conducted of the supply chain disruption caused by the port conflict in 2016–2017 in Gothenburg, in which the port operated at a reduced capacity. Companies importing and exporting goods, freight forwarders, hauliers, train operators, ports, shipping companies and their agents were interviewed.
Findings
Various capacity problems (ports, links, container chassis, empty containers) were encountered due to the port conflict. Flexibility measures such as node, mode and fleet flexibility can be used in response to changes in capacity. Difficulties with applying flexibility are discussed.
Research limitations/implications
Although based on a Swedish case, findings are relevant for disruptions or other types of disturbances in ports elsewhere and also in other important nodes in companies' supply chains.
Practical implications
Actors influenced by disturbances in a port can increase their understanding of potential capacity problems and flexibility measures. Readiness and timely action are important due to competition regarding capacity.
Originality/value
The implications on the transport network surrounding a port, including many actors, are explained, illustrating how capacity problems propagate, but there is some flexibility to manage the problems.
... More specifically, any dispute or conflict between port management and labour has the potential to bring about a range of negative consequences, in particular in areas where severe natural disasters are uncommon. Most immediately, industrial action brings about a reduction in both potential capacity and measured productivity [7], as well as compromising existing business relationships with different stakeholders, but particularly port customers [8]. ...
This paper assesses the impact of a major disruptive event at the port of Gothenburg, Scandinavia’s largest container port. Automatic Identification System (AIS) data is analyzed, in combination with official port statistics on container handling in the four main container ports in Sweden, from 2014–2018. Particular attention is paid to the relationship between container volumes handled and calculated performance metrics at the specific times of the intense labour dispute at the port of Gothenburg during the periods Q2 (2016) and Q4 (2016)–Q2 (2017). The paper concludes that the decline in container volumes handled at Gothenburg over the period is specifically due to fewer ships calling at the port following each of the intense periods of the labour dispute. It is also concluded that the effect on competitor ports in the region were significant in terms of both increased volumes of gateway container traffic and the resulting short-term and medium term impacts on both port user profiles and port efficiency levels.
... Consequently, port labor conflicts negatively affect port service developing and port reliability (Notteboom, 2018). Thus, port disruptions can provoke uncertain operational performance of manufacturers (Wilson, 2007), instigate serious organizational risks to producers (Loh et al., 2017) as well as negative reputation with costumers (Porterfield et al., 2012). ...
This paper analyzes the effects on Swedish hinterland logistics of a port labor disruption that occurred in the Port of Gothenburg's container terminal in 2016–2017. Because of this dispute, several companies initiated mitigation strategies by moving their cargo by truck or rail in the area, thus utilizing the inherent advantages of hinterland locations and dry ports. Researching hinterland logistics in Sweden, this article conducts a case study on a dry port and the warehouse industry. The results show that the traffic share of inland terminals was higher during and soon after the conflict. Thus, this study suggests that dry ports are significant as potential solutions for this kind of disruption.
