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.
منابع مشابه
How to Continue Essential Orthopedic Services during COVID-19 Crisis?
The first pandemic of the coronavirus family was caused by severe acute respiratory syndrome coronavirus 2 (SARSCoV-2) in late 2019. As a result of the pandemic critical condition, specialized orthopedic services were obviouslyaffected. To respond properly, we initiated a series of strategic measures, aiming at the safety of staff, minimizing theexposure, and prevention of pos...
متن کاملHonesty Incorporated: Can the Development of a Trust Culture Create Sustainable Competitive Advantage?
Companies all over the world are trying to become better places to work because they realise that it is essential for their survival. A work environment supportive of trust and good employee relations at all levels clearly brings the best performance out of the employees which in turn benefits the organisation as a whole. Employees who are committed to their work will exhibit higher productivit...
متن کاملIT-Enabled Organizational Agility and Firms' Sustainable Competitive Advantage
By reflecting on the polymorphous aspects of firms’ strategic responses to environmental dynamics, we differentiate two distinctive types of agility, namely, entrepreneurial agility (anticipating and proactive) and adaptive agility (sensing and reactive). In this light, we investigate how and why firms’ IT and operational capabilities can enable these two types of agility, thereby leading to su...
متن کاملP6- Talent Management Strategy and Create Sustainable Competitive Advantage in Insurance Industry
لطفاً به چکیده انگلیسی مراجعه شود.
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
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