Abstract

Some emergencies have produced enormous changes in market demand in recent years as the economy has progressed. The supply chain’s capacity to adapt to this market demand has a substantial impact on the company’s future growth. As the frequency of emergencies rises, emergency management is becoming increasingly critical for enterprises. This article examines the responsiveness and profit status of the supply chain under the three conditions of total complete information symmetry, incomplete information symmetry, and information asymmetry based on the information sharing degree of supply chain firms. The research offers a novel approach to emergency management. It makes recommendations for how the company may share information to improve its emergency management capabilities. Finally, the feasibility of the model is verified and analyzed by a case.

Highlights

  • Companies that take measures first will reduce losses, sufficient to prepare for the later resumption of work and production in advance. e response ability of a company to emergencies will be a crucial breakthrough in the company’s future development. erefore, supply chain management (SCM) under an emergency has entered people’s field of vision

  • Erefore, evaluating the performance of the supply chain in emergency situations is of practical significance to the development of today’s enterprises. is article will provide an idea for supply chain performance evaluation (SCPE) in an emergency. e research results have important theoretical significance for the development of enterprises in emergencies

  • This paper examines the supply chain’s emergency response capabilities and profits using three different information sharing methods in an emergency. e research presented in this article is critical for businesses looking for better emergency management through information sharing

Read more

Summary

Research Background and Research Significance

Managing supply chain performance (SCP) is critical for improving customer experience and retention, lowering costs, and gaining market share through faster product innovation [8]. Evaluating the performance of supply chain companies in emergencies is of great significance for improving supply chain surplus [10]. Erefore, multiindicator supply chain performance evaluation (SCPE) will be more comprehensive and reliable under normal circumstances, but the multiple indexes in emergency situations will bring some difficulties and challenges. Erefore, evaluating the performance of the supply chain in emergency situations is of practical significance to the development of today’s enterprises. E fourth part is a numerical example to verify the model It is the suggestions for improving the ability of enterprises to respond to emergencies and a summary of this article

Literature Review
Comparison of Responsiveness in ree Situations
Discussion and Conclusion
Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call