Raw Material Market Disruptions During COVID-19: How Agility Can Create a Competitive Advantage?

نویسندگان

چکیده

Abstract This paper’s objective is to present a comprehensive view on the evolution of main raw materials used by European manufacturers from technical and construction fields (ferrous metals, non-ferrous, polymers timber) over last 2 years described high volatility. topic particularly relevant nowadays since shortages put ongoing economic recovery under pressure. The value added this analysis consists in clear picture disruptions triggered sanitary crisis market spring 2020. For companies, control mandatory purpose keep direct cost production stay competitive. Obviously, all manufactures were affected volatility but some them have been more resilient shocks managed perform better than others. Therefore, they obtained competitive advantage based their agility sourcing controlling supply materials. Besides capturing trends market, paper includes practical guideline that might be considered decision makers tame impact performance help boost resilience obtain advantage.

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ژورنال

عنوان ژورنال: Proceedings of the ... International Conference on Business Excellence

سال: 2022

ISSN: ['2502-0226', '2558-9652']

DOI: https://doi.org/10.2478/picbe-2022-0103