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Paper and packaging industry dynamics during COVID-19 and their strategies for the future
- Source :
- Strategic Management, Vol 27, Iss 4, Pp 4-15 (2022)
- Publication Year :
- 2022
- Publisher :
- University of Novi Sad - Faculty of Economics, Subotica, 2022.
-
Abstract
- Background: The paper examines the "mysterious case of the disappearing toilet paper" during the COVID19 pandemic. Purpose: This paper describes the strategic impacts on paper and packaging supply chains due to the pandemic. Study design/methodology/approach: Structured interviews and qualitative discussions with organizational and supply chain management leaders. Findings/conclusions: Several "behind the scenes" and less well-documented supply chain impacts in the paper and packaging, and logistics industries were discovered. The critical effects observed are: (1) Impact on the manufacturing side was mitigated mainly by implementing CDC guidelines and by the willingness of industry leaders to go above and beyond to shield their employees from economic hardships. (2) The transportation sector has experienced a more severe workforce shortage, amplified by government actions before and during the pandemic. (3) Product specialization, a pre-pandemic strategy for industry participants, turned into a weakness during the pandemic due to unprecedented shifts in demand across sectors. (4) Traditional "lean" supply chain thinking is increasingly making way for a more interconnected "risk avoidance" strategic model. Limitations/future research: The research is limited to organizations in Midwest U.S.A. and one organization in Europe.
Details
- Language :
- English
- ISSN :
- 18213448 and 23346191
- Volume :
- 27
- Issue :
- 4
- Database :
- Directory of Open Access Journals
- Journal :
- Strategic Management
- Publication Type :
- Academic Journal
- Accession number :
- edsdoj.6370d3fb70304b5ca03538ccd18ea7cf
- Document Type :
- article
- Full Text :
- https://doi.org/10.5937/StraMan2200017G