Affiliation:
1. Business Technologies and Entrepreneurship Department, Vilnius Gediminas Technical University, Saulėtekio al. 11, Vilnius, Lithuania
Abstract
The supply chain of the non-alcoholic drinks market involves a complex network of suppliers, manufacturers, distributors, and retailers working together to ensure the availability of a wide range of beverages to meet consumer demand. During COVID-19, the supply chains of non-alcoholic drinks faced a revenue decrease of approximately 8.5 percent. The authors identified the research gap by revising publications in the Clarivate Analytics database on multinational enterprises (MNEs) and COVID-19 disruption. The review results show that only 14 publications were dedicated to revising MNEs’ operations and responding to COVID-19 disruption when customers’ demand suddenly decreased. Even, the researches by sector are provided, there is no research covering Nestle and Coca-Cola’s supply chain contribution to COVID-19. The paper’s non-alcoholic drinks supply chain specifics are revised, particularly those related to Nestle and Coca-Cola companies. The authors used the Bloomberg database to revise the upstream and downstream of Nestle and Coca-Cola supply chains and used secondary data from Statista and other sources to investigate the specifics of their supply chains and the sales results during the COVID-19 period. The authors concluded that Nestle and Coca-Cola faced a decline in net revenue in the beverages segment compared to PepsiCo, Red Bull, and Monster, which increased net revenue during 2020 worldwide.
Publisher
Vilnius Gediminas Technical University
Reference26 articles.
1. Bellucci, C., & Rungi, A. (2023). Navigating uncertainty: Multinationals' investment strategies after the pandemic shock. Italian Economic Journal, 9(3), 967-996. https://doi.org/10.1007/s40797-023-00244-4
2. Bloomberg database. (2023). Supply chain database available at Bloomber terminal. Data is retrieved on 14th of December 2023. https://libguides.brooklyn.cuny.edu/c.php?g=364715&p=6613630
3. Branicki, L., Sullivan-Taylor, B., & Brammer, S. (2021). Towards crisis protection (ism)? COVID-19 and selective de-globalization. Critical Perspectives on International Business, 17(2), 230-251. https://doi.org/10.1108/cpoib-05-2020-0046
4. Chatterjee, S., Chaudhuri, R., Thrassou, A., & Vrontis, D. (2023a). International relationship management during social distancing: The role of AI-integrated social CRM by MNEs during the Covid-19 pandemic. International Marketing Review, 40(5), 1263-1294. https://doi.org/10.1108/IMR-12-2021-0372
5. Chatterjee, S., Chaudhuri, R., Vrontis, D., Mahto, R. V., & Kraus, S. (2023b). Global talent management by multinational enterprises post‐COVID‐19: The role of enterprise social networking and senior leadership. Thunderbird International Business Review, 65(1), 77-88. https://doi.org/10.1002/tie.22248