Abstract
This research contributes to supply chain risk management literature by investigating how leveraging the need for collective prosperity between supply chain partners can enable partners to work together to mitigate supply chain disruption during the Covid-19 pandemic. Drawing from social capital theory, we argue that collective prosperity is a relational behaviour that can be leveraged to reduce opportunistic behaviours, thereby promoting genuine concern for the survival and performance of supply chain partners. Using a qualitative strategy, the study collects data from 20 supply chain managers through semi-structured interviews. The study findings reveal that collective prosperity was an important factor which supply chain partners used - as a basis to go an extra mile in ensuring that their partner's supply chain was not disrupted. Supply chain partners deployed practical tactics to ensure that their partner's firms did not suffer major disruption. The findings underscore the critical role of relational capital in supply chain relationships, specifically leveraging collective prosperity to mitigate supply chain disruptions.
Original language | English |
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Pages | 1-10 |
Number of pages | 10 |
Publication status | Published - 6 Jul 2022 |
Event | 29th International European Operations Management Association Annual Conference: Brilliance in Resilience: Operations and Supply Chain Management's Role in Achieving a Sustainable Future - Berlin, Germany Duration: 1 Jul 2022 → 6 Jul 2022 Conference number: 29 http://www.euroma-online.org/events/euroma-annual-conferences/ |
Conference
Conference | 29th International European Operations Management Association Annual Conference |
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Abbreviated title | EUrOMA 2022 |
Country/Territory | Germany |
City | Berlin |
Period | 1/07/22 → 6/07/22 |
Internet address |
Keywords
- collective prosperity
- social capital
- supply chain risk
- Covid-19