The effects of globalization on supply chain resilience: outsourcing techniques as interventionism, protectionism, and regionalization strategies
Globalization may cause companies to broaden their customer bases, operate internationally, and serve more customers. However, it also entails dangers, including shifting circumstances, disruptions, and elevated prices. To address these issues, outsourcing has evolved, lowering outputs and service c...
| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
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Springer
2024
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| Subjects: | |
| Online Access: | https://repository.londonmet.ac.uk/8895/1/Effects-of-globalization-on-supply-chain-resilience_Revised-version.pdf |
| _version_ | 1824446450162991104 |
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| author | Kazancoglu, Yigit Lafcı, Çisem Berberoglu, Yalcin Upadhyay, Arvind Rocha-Lona, Luis Kumar, Vikas |
| author_facet | Kazancoglu, Yigit Lafcı, Çisem Berberoglu, Yalcin Upadhyay, Arvind Rocha-Lona, Luis Kumar, Vikas |
| author_sort | Kazancoglu, Yigit |
| collection | LMU |
| description | Globalization may cause companies to broaden their customer bases, operate internationally, and serve more customers. However, it also entails dangers, including shifting circumstances, disruptions, and elevated prices. To address these issues, outsourcing has evolved, lowering outputs and service costs. To mitigate these risks, businesses employ strategies such as interventionism, protectionism, and regionalization. By investigating and simulating the interplay of outsourcing approaches to equip businesses with supply chain resilience (SCRES), this study aims to close the knowledge gap between the existing knowledge and global supply chain (GSC) risk management practices. To choose the best alternative for our case study company, we analyzed four distinct outsourcing techniques, namely offshoring, reshoring, nearshoring, and farshoring; furthermore, we investigated the outsourcing elements typically taken into account to achieve resilience. The results indicated that the reshoring method would be the most promising one for this company, under specific circumstances, in terms of attaining resilience in the manufacturing industry. |
| first_indexed | 2024-07-09T04:07:20Z |
| format | Article |
| id | oai:repository.londonmet.ac.uk:8895 |
| institution | London Metropolitan University |
| language | English |
| last_indexed | 2025-02-19T01:15:21Z |
| publishDate | 2024 |
| publisher | Springer |
| record_format | eprints |
| spelling | oai:repository.londonmet.ac.uk:88952024-12-12T01:58:03Z https://repository.londonmet.ac.uk/8895/ The effects of globalization on supply chain resilience: outsourcing techniques as interventionism, protectionism, and regionalization strategies Kazancoglu, Yigit Lafcı, Çisem Berberoglu, Yalcin Upadhyay, Arvind Rocha-Lona, Luis Kumar, Vikas 650 Management & auxiliary services Globalization may cause companies to broaden their customer bases, operate internationally, and serve more customers. However, it also entails dangers, including shifting circumstances, disruptions, and elevated prices. To address these issues, outsourcing has evolved, lowering outputs and service costs. To mitigate these risks, businesses employ strategies such as interventionism, protectionism, and regionalization. By investigating and simulating the interplay of outsourcing approaches to equip businesses with supply chain resilience (SCRES), this study aims to close the knowledge gap between the existing knowledge and global supply chain (GSC) risk management practices. To choose the best alternative for our case study company, we analyzed four distinct outsourcing techniques, namely offshoring, reshoring, nearshoring, and farshoring; furthermore, we investigated the outsourcing elements typically taken into account to achieve resilience. The results indicated that the reshoring method would be the most promising one for this company, under specific circumstances, in terms of attaining resilience in the manufacturing industry. Springer 2024-06 Article PeerReviewed text en cc_by_nc_nd_4 https://repository.londonmet.ac.uk/8895/1/Effects-of-globalization-on-supply-chain-resilience_Revised-version.pdf Kazancoglu, Yigit, Lafcı, Çisem, Berberoglu, Yalcin, Upadhyay, Arvind, Rocha-Lona, Luis and Kumar, Vikas (2024) The effects of globalization on supply chain resilience: outsourcing techniques as interventionism, protectionism, and regionalization strategies. Operations Management Research, 17 ((2024)). pp. 505-522. ISSN 1936-9735 https://link.springer.com/article/10.1007/s12063-023-00429-1 10.1007/s12063-023-00429-1 10.1007/s12063-023-00429-1 |
| spellingShingle | 650 Management & auxiliary services Kazancoglu, Yigit Lafcı, Çisem Berberoglu, Yalcin Upadhyay, Arvind Rocha-Lona, Luis Kumar, Vikas The effects of globalization on supply chain resilience: outsourcing techniques as interventionism, protectionism, and regionalization strategies |
| title | The effects of globalization on supply chain resilience: outsourcing techniques as interventionism, protectionism, and regionalization strategies |
| title_full | The effects of globalization on supply chain resilience: outsourcing techniques as interventionism, protectionism, and regionalization strategies |
| title_fullStr | The effects of globalization on supply chain resilience: outsourcing techniques as interventionism, protectionism, and regionalization strategies |
| title_full_unstemmed | The effects of globalization on supply chain resilience: outsourcing techniques as interventionism, protectionism, and regionalization strategies |
| title_short | The effects of globalization on supply chain resilience: outsourcing techniques as interventionism, protectionism, and regionalization strategies |
| title_sort | effects of globalization on supply chain resilience outsourcing techniques as interventionism protectionism and regionalization strategies |
| topic | 650 Management & auxiliary services |
| url | https://repository.londonmet.ac.uk/8895/1/Effects-of-globalization-on-supply-chain-resilience_Revised-version.pdf |
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