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Advances in Social Sciences Research Journal – Vol. 10, No. 2
Publication Date: February 25, 2023
DOI:10.14738/assrj.102.13886. Ozgur, C., Fedor, K., & Michel, E. (2023). The Effect of Supply Chain Disruptions on Business Post COVID. Advances in Social Sciences
Research Journal, 10(2). 117-127.
Services for Science and Education – United Kingdom
The Effect of Supply Chain Disruptions on Business Post COVID
Ceyhun Ozgur
College of Business, Valparaiso University
Katia Fedor
College of Business, Valparaiso University
Evan Michel
College of Business, Valparaiso University
ABSTRACT
There are many reasons for experiencing supply chain disruptions. The reasons
could be miscommunication between the factory and the warehouse,
miscommunication between the warehouse and the stores, or miscommunication
between the stores and the customers. We investigated these possible disruptions
throughout this paper with the help of a questionnaire. We further investigated the
effect of various problems that may occur with the company stock which resulted in
supply chain disruptions. There have been many papers written about the effect of
the disruptions regarding these problems. With the goal of finding out the tactical
approach from the company affects the value of the stock, we investigated this
further. Additionally, this paper examined the nature of the tactical standings of the
company and the effects on supply chain disruptions and the position of the
company stock. Based on the responses to the questionnaire, we found how the
tactical elements affect the supply chain disruptions. We also showed the effect of
the supply chain disruptions on the company stock
Keywords: supply chain management, supply chain disruptions, disruptions due to
inventory, disruptions due to miscommunication between factory and warehouse,
disruptions due to miscommunication between warehouse and store, disruptions due to
miscommunication between store and customer, Supply Chain Disruptions post COVID19
INTRODUCTION
This paper looks at the effects of how disruptions affect the firm and their position in the stock
market. We will also discuss how the tactical elements of supply chain affects the wellbeing of
the company in terms of their position in the stock market. “A Supply Chain Disruption is an
unplanned and unanticipated event that disrupts the normal flow of goods and materials
within an entire supply chain” (WGA Consulting, 2017). Because supply chain disruptions are
occurring more frequently and with greater intensity, supply chain disruptions are on a
continual increase. A supply chain disruption begins with one simple mistake or issue that
continues to affect the product, its assembly, testing the product, and shipping the product
(Gurman, M., Wu, D., & Bloomberg, 2020). In this part of the paper, we show how supply chain
processes effect the cost, procurement, logistics, managing returns and risks, and creating an
effective supply chain (Stevenson, 2017).
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Advances in Social Sciences Research Journal (ASSRJ) Vol. 10, Issue 2, February-2023
Services for Science and Education – United Kingdom
Figure 1. The map of Supply Chain Risk Management Program
There are many factors that weigh into how supply chain disruptions occur. Supply chain risk
is shown above in figure 1. Some of these factors include timing, cost, product type, possible
risk of a supply chain disruption because of excess inventory or lack of inventory (Luthy, J.,
2018). Supply chain risk management is when trying to control risks by being able to legislate
the proper requirements to comply voluntarily with the environmental risks while satisfying
customers’ requirements and choices.
Figure 2. Supply Chain Risk Management Framework.
In figure 2, many aspects of supply chain are shown from understanding the supply chain to
collaborative planning. Supply chain risk is shown toward the bottom of the figure. This figure
shows how supply chains can be reengineered in an agile environment. We tried to show how
supply chains can be planned collaboratively, with the help of a team. Supply chain can be
further demonstrated with the team in the context of managing risk.
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Ozgur, C., Fedor, K., & Michel, E. (2023). The Effect of Supply Chain Disruptions on Business Post COVID. Advances in Social Sciences Research
Journal, 10(2). 117-127.
URL: http://dx.doi.org/10.14738/assrj.102.13886
Figure 3. Effect of Average Tardiness on Supply Chain Disruptions and Cost.
In this paper, we also try to control how disruptions affect the position of the firm with respect
to inventory. We will try to show how disruptions affect the position of the company with
respect to the stock market. We also try to show how average tardiness affects the supply chain
disruptions with respect to the cost of the supply chain. As shown in figure 3, we illustrate how
average tardiness affects the supply chain disruptions and cost. For example, as illustrated in
figure 3, if there is an increased cost the outcome of the supply chain may be affected by
increasing the amount of time before the cost returns to normal for the supply chain. The
average tardiness affects the supply chain cost due to shifting it from the normal supply chain
cost, as shown in the example below.
A machine shop produces customized machinery for the aerospace industry. A particular
machine has the following six jobs waiting to be processed.
Table 1. Original Machine Processing Time with Due Dates.
Job Due Date Processing Time (Days)
A 28 5
B 15 7
C 19 3
D 10 8
E 20 6
F 25 4
We should create a table according to the earliest due date sequence. This sequence is shown
in the table below.
N