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2020 | OriginalPaper | Buchkapitel

7. Complexities in Supply Chain Resilience Against Economic Shocks and Forming Public Private Partnerships: Korean Automotive Case

verfasst von : Venkatachalam Anbumozhi, Ji Hong Kim

Erschienen in: Supply Chain Resilience

Verlag: Springer Singapore

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Abstract

The chapter explains the structural change in the global auto industry and the current situation of Korean auto industry, followed by the risk management of supply chain. This chapter uses the cases of recent disasters to understand the interactions and impacts along the global value chain. In addition, several strategies to minimize the risk of supply chain are proposed: First, Build strong and flexible procurement system; Second, Risk Mitigation with diversification of supply sources; Third, Information network across the supply chain; Fourth, Build a real-time risk evaluation system with quantifiable index and training; Fifth, Minimize the damage with a business continuity plan (BCP).

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Metadaten
Titel
Complexities in Supply Chain Resilience Against Economic Shocks and Forming Public Private Partnerships: Korean Automotive Case
verfasst von
Venkatachalam Anbumozhi
Ji Hong Kim
Copyright-Jahr
2020
Verlag
Springer Singapore
DOI
https://doi.org/10.1007/978-981-15-2870-5_7