Supply Chain Response Optimization Strategy for Chinese Enterprises under COVID-19 Risk

DOI

10.2991/aebmr.k.220405.263How to use a DOI?

Keywords

Supply chain; COVID-19; Risk strategy; China

Abstract

Two years ago, the emergence of the Novel Coronavirus pandemic had a devastating impact on the world economy. At present, the epidemic abroad is still serious and continues to hamper world economic recovery. Sporadic outbreaks in China still require a balance between prevention and control. Although the epidemic is gradually being brought under control and China’s “dynamic zero-out” policy is in place, the supply chain still faces risks. This paper analyzes the risks of the current global environment and explains in detail how the supply chain will be affected. PEST macro-environment model is used to analyze from four aspects: policy, economy, social culture, and technology. In terms of policy, many countries carry out border blockade and control policies. Economically, the global economy enters a short depression. In social and cultural aspects, as China is the first place to explode, there is the influence of overseas anti-China sentiment. Technically, the state strongly supports the supply chain innovation technology funding shortage, and the medical technology including vaccine research and development. All these have led to a great increase in the instability of the supply chain. Therefore, in the short term, the supply chain of Chinese enterprises should cooperate with epidemic prevention regulations and strive to improve its competitiveness. In the long run, we should cooperate more with friendly countries to complete the transformation of offline to online cloud platform supply chain construction.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Chenyue Gu
PY  - 2022
DA  - 2022/04/29
TI  - Supply Chain Response Optimization Strategy for Chinese Enterprises under COVID-19 Risk
BT  - Proceedings of the 2022 7th International Conference on Social Sciences and Economic Development (ICSSED 2022)
PB  - Atlantis Press
SP  - 1579
EP  - 1583
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220405.263
DO  - 10.2991/aebmr.k.220405.263
ID  - Gu2022
ER  -