The Implication of the Novel Coronavirus Outbreak to Supply Chain Flexibility Management
(Renmin University of China,Beijing100872,China)
Abstract:The novel coronavirus outbreak will impose challenge on the sustainable competitiveness of China’s industrial supply chain,and bring enterprises with labor shortage,cost increase,cash flow shortage,and the increase of supply chain uncertainty. It will also have such negative impact on enterprises’supply chain in terms of material supply,purchase management,production resumption,logistics,and market. And all these will create demand for the management of supply chain flexibility. The government should formulate the comprehensive and coordinated industrial supply chain risk management and communication mechanism,establish the event- oriented industrial supply chain early warning system,guarantee the resources supply for supply chain operation,and promote industrial platforms and clusters to lead supply chain participants to establish the supply chain flexibility system. The enterprises should establish the event- oriented supply chain early warning system,rationally design the operation pattern of supply chain,establish the supply chain flexibility system with the help of their capability for digitalization,stabilize supply chain operation,and improve the efficiency of supply chain.
Key words:outbreak;supply chain flexibility management;early warning system;capability for digitalization