Modelling a Logistics and Financial Supply Chain Network during the COVID-19 Era

Author:

Abbasi Sina1,Vlachos Ilias2ORCID,Samadzadeh Ali3,Etemadifar Shayan4ORCID,Afshar Mohamad5ORCID,Amra Mohsen3ORCID

Affiliation:

1. Department of Industrial Engineering, Lahijan Branch, Islamic Azad University, Lahijan 1616, Iran

2. Excelia Business School, CERIIM, Excelia Group, 17000 La Rochelle, France

3. Department of Industrial Engineering, South Tehran Branch, Islamic Azad University, Tehran 1343864331, Iran

4. Department of Industrial Engineering and Management Systems, Amirkabir University of Technology, Tehran 1343864331, Iran

5. Department of Industrial Engineering, Central Tehran Branch, Islamic Azad University, Tehran 1343864331, Iran

Abstract

Background: Supply chain networks (SCNs) have been interrupted by the COVID-19 pandemic, leaving them open to financial losses. SCs have been impacted by the pandemic, necessitating the adoption of sustainable practices and dynamic capacities to ensure resilience and performance. Several studies have focused on this subject, offering insights into the importance of sustainable supply-chain management, corporate governance, big data management activities, and digital technology in minimising the consequences of the pandemic and fostering sustainability. Methods: This study suggests an analytical framework for assessing environmentally friendly procedures and dynamic capacities to assure performance in a disruptive environment. Results: The following are some of the important details and contributions in this article: (1) developed a conceptual framework for assessing dynamic capacities and sustainable behaviours considering COVID-19, (2) concentrates on financial ratios during COVID-19, and (3) established drivers for sustainable practices and competencies during disruption and unpredictable business settings. Conclusions: The suggested model can assist practitioners in creating and implementing sustainable supply chain (SC) activities and tracking and assessing their effects on the sustainability of businesses. So, the proposed model can assist managers in creating and implementing sustainable supply-chain activities and tracking and analysing their effects on the sustainability of businesses.

Publisher

MDPI AG

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