Survival-of-the-fittest: embracing change through enhanced supply chain resilience capabilities / Ainul Haniza Mohd Rashid and Noorain Omar

Change is inevitable in today’s interconnected, volatile, global economy and high-risk world, where supply chains have become increasingly vulnerable to disruptions caused by natural and man-made events. Resilience is a dynamic capability that emphasizes the ability of an enterprise to embrace and r...

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Main Authors: Mohd Rashid, Ainul Haniza, Omar, Noorain
Format: Article
Language:English
Published: Universiti Teknologi MARA, Kedah 2019
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/32694/
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author Mohd Rashid, Ainul Haniza
Omar, Noorain
author_facet Mohd Rashid, Ainul Haniza
Omar, Noorain
author_sort Mohd Rashid, Ainul Haniza
building UiTM Institutional Repository
collection Online Access
description Change is inevitable in today’s interconnected, volatile, global economy and high-risk world, where supply chains have become increasingly vulnerable to disruptions caused by natural and man-made events. Resilience is a dynamic capability that emphasizes the ability of an enterprise to embrace and respond to change. However, organizations tend to become less resilient as they grow more complex. Hence, they must learn when to anticipate, absorb and overcome disruptions since one-sizefits- all is not an effective approach to managing supply chains. Supply chain management literature suggests that organizational resilience can be cultivated by understanding their supply chain vulnerabilities and by developing specific managerial capabilities to cope with unpredictable disruptions more effectively than their competitors. Thepurpose of this article is to review and identify the capabilities needed by organizations from contingent and resource-based perspectives. The electronics industry in Malaysia is still highly dependent on sourcing electrical parts from the USA, Japan, China and Thailand although being natural disaster-prone countries. This study will provide important implications for the management in this industry to develop a portfolio of capabilities to address important resilient gaps and thus strengthen overall competitiveness. Supply chain resilience strategies can proactively assist in managerial decision-making under uncertainty, with risk so as to understand how (and if) supply chains can return to an original or different functioning state, for business continuity and survival.
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spelling uitm-326942021-01-14T17:16:31Z https://ir.uitm.edu.my/id/eprint/32694/ Survival-of-the-fittest: embracing change through enhanced supply chain resilience capabilities / Ainul Haniza Mohd Rashid and Noorain Omar voa Mohd Rashid, Ainul Haniza Omar, Noorain Planning. Business planning. Strategic planning Risk management. Risk in industry. Operational risk Change is inevitable in today’s interconnected, volatile, global economy and high-risk world, where supply chains have become increasingly vulnerable to disruptions caused by natural and man-made events. Resilience is a dynamic capability that emphasizes the ability of an enterprise to embrace and respond to change. However, organizations tend to become less resilient as they grow more complex. Hence, they must learn when to anticipate, absorb and overcome disruptions since one-sizefits- all is not an effective approach to managing supply chains. Supply chain management literature suggests that organizational resilience can be cultivated by understanding their supply chain vulnerabilities and by developing specific managerial capabilities to cope with unpredictable disruptions more effectively than their competitors. Thepurpose of this article is to review and identify the capabilities needed by organizations from contingent and resource-based perspectives. The electronics industry in Malaysia is still highly dependent on sourcing electrical parts from the USA, Japan, China and Thailand although being natural disaster-prone countries. This study will provide important implications for the management in this industry to develop a portfolio of capabilities to address important resilient gaps and thus strengthen overall competitiveness. Supply chain resilience strategies can proactively assist in managerial decision-making under uncertainty, with risk so as to understand how (and if) supply chains can return to an original or different functioning state, for business continuity and survival. Universiti Teknologi MARA, Kedah 2019 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/32694/1/AJ_AINUL%20HANIZA%20MOHD%20RASHID%20VOA%20K%2019.pdf Mohd Rashid, Ainul Haniza and Omar, Noorain (2019) Survival-of-the-fittest: embracing change through enhanced supply chain resilience capabilities / Ainul Haniza Mohd Rashid and Noorain Omar. (2019) Voice of Academia (VOA) <https://ir.uitm.edu.my/view/publication/Voice_of_Academia_=28VOA=29.html>, 14 (1). pp. 26-37. ISSN 2682-7840 https://voa.uitm.edu.my/
spellingShingle Planning. Business planning. Strategic planning
Risk management. Risk in industry. Operational risk
Mohd Rashid, Ainul Haniza
Omar, Noorain
Survival-of-the-fittest: embracing change through enhanced supply chain resilience capabilities / Ainul Haniza Mohd Rashid and Noorain Omar
title Survival-of-the-fittest: embracing change through enhanced supply chain resilience capabilities / Ainul Haniza Mohd Rashid and Noorain Omar
title_full Survival-of-the-fittest: embracing change through enhanced supply chain resilience capabilities / Ainul Haniza Mohd Rashid and Noorain Omar
title_fullStr Survival-of-the-fittest: embracing change through enhanced supply chain resilience capabilities / Ainul Haniza Mohd Rashid and Noorain Omar
title_full_unstemmed Survival-of-the-fittest: embracing change through enhanced supply chain resilience capabilities / Ainul Haniza Mohd Rashid and Noorain Omar
title_short Survival-of-the-fittest: embracing change through enhanced supply chain resilience capabilities / Ainul Haniza Mohd Rashid and Noorain Omar
title_sort survival-of-the-fittest: embracing change through enhanced supply chain resilience capabilities / ainul haniza mohd rashid and noorain omar
topic Planning. Business planning. Strategic planning
Risk management. Risk in industry. Operational risk
url https://ir.uitm.edu.my/id/eprint/32694/
https://ir.uitm.edu.my/id/eprint/32694/