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Simulations as an Assessment Tool for the Feasibility of Logistics Innovations Motivated by the Emergence of Supply Chain Risk

Strnad David, Fedorko Gabriel, Molnár Vieroslav, Fialek Pavol

Advances in Science and Technology. Research Journal

2021

Vol. 15, no 3

66--75

In carrying out manufacturing processes, an important role is played by the supply chain. Proper functioning of the supply chain is affected by several factors, the parameters and manifestation of which may change under situations of crises. However, disruptions may not solely pose a threat to supply chains that should be avoided. In some cases, the presence of risk may have a positive side to it, namely being the motivating factor initiating innovation. This may result in improvement of the status quo, increase in productivity and creating ways of eliminating consequences of risk. On a concrete example, the paper shall describe how innovation, spurred by crisis brought about by the current pandemic situation, can be implemented to the supply chain in the automotive sector.