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Impact of the COVID-19 pandemic on logistics firms and their resilience:: case studies in Thailand

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Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
The novel Coronavirus (COVID-19) is an infectious disease that is currently causing challenges and opportunities in all sectors worldwide. The logistic industry plays an enormous role in keeping the countries functional, and it accounts for 13.4 % of the total GDP in Thailand. This article aims to identify and justify critical success factors for the Logistic Industries experiencing success and failure during the pandemic. The research was conducted using semi-structured interviews with top managers of three companies from March to September 2021, which is phase 4 of the pandemic. The findings we analysed using thematic analysis to understand the critical factors within the industry. Logistics companies of different sizes were selected for this purpose as case studies aimed to identify the resemblance of the effects and find the relationship with company resilience. Five key supporting factors were identified for the logistics firms to be resilient during the pandemic, including flexibility, Business Continuity Plan, market diversification, IT systems, and leadership.
Rocznik
Strony
86--98
Opis fizyczny
Bibliogr. 16 poz., tab., wykr.
Twórcy
Bibliografia
  • Al-Ayed, S. I. (2019). The impact of strategic human resource management on organizational resilience: an empirical study on hospitals. Business: Theory and Practice, 20, 179-186. doi: 10.3846/btp.2019.17
  • Amankwah-Amoah, J. (2021). COVID-19 pandemic and innovation activities in the global airline industry: A review. Environment International, 156, 106719.
  • Asano, T., & Nagayama, A. (2021). Analysis of workload required for removal of drifting pumice after a volcanic disaster as an aspect of a port business continuity plan: A case study of Kagoshima Port, Japan. Journal of Disaster Risk Reduction, 64, 102511.
  • Aviv-Sharon, E., & Aharoni, A. (2020). Generalized logistic growth modeling of the COVID-19 pandemic in Asia. Infectious Disease Modelling, 5, 502-509. doi: 10.1016/j.idm.2020.07.003
  • Barman, A., Das, R., & Kanti De, P. (2021). Impact of COVID- 19 in food supply chain: Disruptions and recovery strategy. Current Research in Behavioral Sciences, 2, 100017.
  • Ivanov, D. (2020). Predicting the impacts of epidemic outbreaks on global supply chains: A simulation-based analysis on the coronavirus outbreak (COVID-19/ SARS-CoV-2) case. Transportation Research Part E: Logistics and Transportation Review, 136, 101922.
  • Li, Z., Zhou, Q., Chen, M., & Liu, Q. (2021). The impact of COVID-19 on industry-related characteristics and risk contagion. Finance Research Letters, 39, 101931.
  • Malavika, B., Marimuthu, S., Joy, M., Nadaraj, A., Asirvatham, E. S., & Jeyaseelan, L. (2021). Forecasting COVID-19 epidemic in India and high incidence states using SIR and logistic growth models. Clinical Epidemiology and Global Health, 9, 26-33. doi: 10.1016/j.cegh.2020.06.006
  • Maneenop, S., & Kotcharin, S. (2020). The impacts of COVID- 19 on the global airline industry: An event study approach. Journal of Air Transport Management, 89, 101920.
  • Scharte, B., Hiller, D., Lerismann, T., & Thoma, K. (2014). Introduction. In K. Thoma (Ed.), Resilien-Tech “Resilience by Design”: a strategy for the technology issues of the future (pp. 9-17). München, Germany: Herbert Utz Verlag.
  • Sharma, G. D., Thomas, A., & Paul, J. (2021). Reviving tourism industry post-COVID-19: A resilience-based framework. Tourism Management Perspectives, 37, 100786.
  • Spieske, A., & Birkel, H. (2021). Improving supply chain resilience through industry 4.0: A systematic literature review under the impressions of the COVID-19 pandemic. Computers & Industrial Engineering, 158, 107452.
  • Thoma, K., Scharte, B., Hiller, D., & Leismann, T. (2016). Resilience Engineering as Part of Security Research: Definitions, Concepts and Science Approaches. European Journal for Security Research, 1, 3-19. doi: 10.1007/s41125-016-0002-4
  • Wang, H., Lo, Y., Liu, Y., Qing, F., Zhou, Y., Chen, Y., & Fang, D. (2021). Study on the Influencing factors of urban economic resilience in post epidemic Era – A case study of Kunming City. Journal of Urban Management, 10, 255-264.
  • Wang, Y.-C., & Chen, T. (2021). A Bi-objective AHP-MINLP- GA approach for Flexible Alternative Supplier Selection amid the COVID-19 pandemic. Soft Computing Letters, 3, 100016.
  • Wen, W., Yang, S., Zhou, P., & Gao, S. Z. (2021). Impacts of COVID-19 on the electric vehicle industry: Evidence from China. Renewable and Sustainable Energy Reviews, 144, 111024.
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-427796bd-a769-4d2b-95b6-dbafb1c3ab5b
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