Abstract
The COVID-19 pandemic shocked the global economy, laying bare the coordination challenges and vulnerabilities of global value chains (GVCs) across sectors. Governments, consumers, and firms alike have called for greater GVC resilience to ensure critical products are delivered to the right place, at the right time, and in the right condition. This article investigates whether GVC reconfiguration through the adoption of redistributed manufacturing (RDM) in local production can deliver greater resilience against unexpected, disruptive global events. It proposes actionable steps for managers to ensure more resilient GVCs in the face of global shocks.
Original language | English |
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Pages (from-to) | 71-96 |
Journal | California Management Review |
Volume | 64 |
Issue number | 2 |
Early online date | 12 Jan 2022 |
DOIs | |
Publication status | Published - 1 Feb 2022 |
Bibliographical note
Funding Information:The author(s) disclosed the receipt of the following financial support for the research, authorship, and/or publication of this article: This work was supported by the United Kingdom’s Engineering and Physical Sciences Research Council (EPSRC) under Grant EP/M017559/1 and EP/T014970/1.
Keywords
- coordination challenges
- crisis management
- global supply chain
- global value chain
- health care
- redistributed manufacturing
- resilience
ASJC Scopus subject areas
- Strategy and Management