fbpx

Johannes Regner – Comenius University in Bratislava, Faculty of Management, Odbojarov 10, Bratislava 820 05, Slovakia
Milan Fekete – Comenius University in Bratislava, Faculty of Management, Odbojarov 10, Bratislava 820 05, Slovakia

 

DOI: https://doi.org/10.31410/ITEMA.S.P.2021.93

 

5th International Scientific Conference on Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture – ITEMA 2021, Online/virtual, October 21, 2021, SELECTED PAPERS published by the Association of Economists and Managers of the Balkans, Belgrade; Printed by: SKRIPTA International, Belgrade, ISBN 978-86-80194-50-9, ISSN 2683-5991, DOI: https://doi.org/10.31410/ITEMA.S.P.2021

 

Abstract

The present study focuses on digitalization strategies within the realm of supply chain management, wherein the focus is set on the specific economic environment of companies in the supply chain of critical infra­structure providers. Digitalization strategies are within this paper discussed concerning supply chain management and its relevance to the ongoing and influential COVID-19 crisis, where digital strategies of collaboration and management became imperative. To address the research question about the state of implementation of digital strategies within this specific indus­try, a qualitative empirical study was conducted. Experts from companies acting as suppliers of critical infrastructure were interviewed in an online setting regarding their own experiences with the implementation of digital strategies and according to challenges. Within the analysis of these inter­views, it became obvious that digital strategies pre-crisis were only rarely implemented, with only one out of seven experts reporting about more ad­vanced strategies. The COVID-19 crisis is described to be an accelerator re­garding digitalization, although specific challenges resulting from unclear legal situations and frameworks are reported.

 

Keywords

Crisis management; Digitalization; Infrastructure

 

References

Aradau, C. (2010). Security that matters: Critical infrastructure and objects of protection. Security dialogue, 41(5), 491-514.

Armani, A. M., Hurt, D. E., Hwang, D., McCarthy, M. C., & Scholtz, A. (2020). Low-tech solutions for the COVID-19 supply chain crisis. Nature Reviews Materials, 5(6), 403-406.

Aydin, G., Babich, V., Beil, D. R., & Yang, Z. B. (2010). Decentralized supply risk management. Available at SSRN 1616969.

Brown, G., Carlyle, M., Salmerón, J., & Wood, K. (2006). Defending critical infrastructure. Inter­faces, 36(6), 530-544.

Bogner, A., Littig, B., & Menz, W. (2009). Introduction: Expert interviews—An introduction to a new methodological debate. In Interviewing experts (pp. 1-13). Palgrave Macmillan, London.

Borio, C. (2020). The COVID-19 economic crisis: Dangerously unique. Business Economics, 55(4), 181-190.

Bühren, K., & Schüppler, U. (2020). Schöne neue BIM-Welt. Retrieved from: ImmobilienZei­tung Fachzeitung für die Immobilienwirtschaft: https://www.immobilienzeitung.de/155590/ schoene-neue-bim-welt

Burns, W. J., Peters, E., & Slovic, P. (2012). Risk perception and the economic crisis: A longitudinal study of the trajectory of perceived risk. Risk Analysis: An International Journal, 32(4), 659- 677.

Chan, E. Y. Y., Huang, Z., Lo, E. S. K., Hung, K. K. C., Wong, E. L. Y., & Wong, S. Y. S. (2020). So­ciodemographic predictors of health risk perception, attitude and behavior practices associated with health-emergency disaster risk management for biological hazards: the case of COVID-19 pandemic in Hong Kong, SAR China. International journal of environmental research and public health, 17(11), 3869.

Clark-Ginsberg, A., Rueda, I. A., Monken, J., Liu, J., & Chen, H. (2020). Maintaining critical infra­structure resilience to natural hazards during the COVID-19 pandemic: hurricane preparations by US energy companies. Journal of Infrastructure Preservation and Resilience, 1(1), 1-6.

Cowling, M., Brown, R., & Rocha, A. (2020). <? COVID19?> did you save some cash for a rainy COVID-19 day? The crisis and SMEs. International Small Business Journal, 38(7), 593-604.

Frank, A. G., Mendes, G. H., Ayala, N. F., & Ghezzi, A. (2019). Servitization and Industry 4.0 convergence in the digital transformation of product firms: A business model innovation per­spective. Technological Forecasting and Social Change, 141, 341-351. https://doi.org/10.1016/j. techfore.2019.01.014

Galbusera, L., Cardarilli, M., & Giannopoulos, G. (2021). The ERNCIP Survey on COVID-19: Emergency & Business Continuity for fostering resilience in critical infrastructures. Safety Science, 139, 105161.

Groenewold, M. R., Burrer, S. L., Ahmed, F., Uzicanin, A., Free, H., & Luckhaupt, S. E. (2020). Increases in health-related workplace absenteeism among workers in essential critical infra­structure occupations during the COVID-19 pandemic—United States, March–April 2020. Morbidity and Mortality Weekly Report, 69(27), 853.

Haron, R., & Nomran, N. M. (2016). Determinants of working capital management before, during, and after the global financial crisis of 2008: Evidence from Malaysia. The journal of developing areas, 50(5), 461-468.

He, W., Zhang, Z. J., & Li, W. (2021). Information technology solutions, challenges, and suggestions for tackling the COVID-19 pandemic. International journal of information management, 57, 102287.

Jones, L., Brown, D., & Palumbo, D. (2020). Coronavirus: A visual guide to the economic impact. BBC News.

Jüttner, U., & Maklan, S. (2011). Supply chain resilience in the global financial crisis: an empirical study. Supply chain management: An international journal.

Karvetski, C. W., Lambert, J. H., & Linkov, I. (2011). Scenario and multiple criteria decision anal­ysis for energy and environmental security of military and industrial installations. Integrated environmental assessment and management, 7(2), 228-236.

Krebs, C. (2020). Advisory memorandum on identification of essential critical infrastructure work­ers during COVID-19 response.

Ley, T., & Albert, D. (2003). Identifying employee competencies in dynamic work domains: meth­odological considerations and a case study. J. UCS, 9(12), 1500-1518. DOI: 10.3217/jucs-009- 12-1500

Linkov, I., Wenning, R. J., & Kiker, G. A. (Eds.). (2007). Managing critical infrastructure risks. Springer.

Manhart, P., Summers, J. K., & Blackhurst, J. (2020). A meta‐analytic review of supply chain risk management: assessing buffering and bridging strategies and firm performance. Journal of Supply Chain Management, 56(3), 66-87.

Manuj, I., & Mentzer, J. T. (2008). Global supply chain risk management. Journal of business logis­tics, 29(1), 133-155.

McMaster, M., Nettleton, C., Tom, C., Xu, B., Cao, C., & Qiao, P. (2020). Risk management: Re­thinking fashion supply chain management for multinational corporations in light of the COV­ID-19 outbreak. Journal of Risk and Financial Management, 13(8), 173.

Moteff, J., & Parfomak, P. (2004, October). Critical infrastructure and key assets: definition and iden­tification. LIBRARY OF CONGRESS WASHINGTON DC CONGRESSIONAL RESEARCH SERVICE.

Murray, A. T., & Grubesic, T. (Eds.). (2007). Critical infrastructure: Reliability and vulnerability. Springer Science & Business Media.

Nagurney, A., & Qiang, Q. (2008). A network efficiency measure with application to critical infra­structure networks. Journal of Global Optimization, 40(1-3), 261-275.

Neuhuber, S. (2020). Integrale Planung mit BIM die digitale Chance. Retrieved from: ATP Architek­ten Ingenieure Pressroom: https://presse.atp.ag/de/news-detail/412-integrale-planung-mit-bim

Nicola, M., Alsafi, Z., Sohrabi, C., Kerwan, A., Al-Jabir, A., Iosifidis, C., … & Agha, R. (2020). The socio-economic implications of the coronavirus pandemic (COVID-19): A review. Internation­al journal of surgery, 78, 185-193.

Nikolopoulos, K., Punia, S., Schäfers, A., Tsinopoulos, C., & Vasilakis, C. (2021). Forecasting and planning during a pandemic: COVID-19 growth rates, supply chain disruptions, and govern­mental decisions. European journal of operational research, 290(1), 99-115.

Pfadenhauer, M., & Knoblauch, H. (Eds.). (2018). Social Constructivism as Paradigm?: The Legacy of The Social Construction of Reality. Routledge.

Ponomarov, S. Y., & Holcomb, M. C. (2009). Understanding the concept of supply chain resilience. The international journal of logistics management.

Popa, V. (2013). The financial supply chain management: a new solution for supply chain resilience. Amfiteatru Economic Journal, 15(33), 140-153.

Ramiah, V., Zhao, Y., & Moosa, I. (2014). Working capital management during the global financial crisis: The Australian experience. In: Qualitative Research in Financial Markets.

Ratten, V. (2020). Coronavirus (COVID-19) and entrepreneurship: changing life and work landscape. Journal of Small Business & Entrepreneurship, 32(5), 503-516.

Remko, V. H. (2020). Research opportunities for a more resilient post-COVID-19 supply chain–clos­ing the gap between research findings and industry practice. International Journal of Opera­tions & Production Management, 40(4), 341-355.

Rinaldi, S. M., Peerenboom, J. P., & Kelly, T. K. (2001). Identifying, understanding, and analyzing critical infrastructure interdependencies. IEEE control systems magazine, 21(6), 11-25.

Rød, B., Lange, D., Theocharidou, M., & Pursiainen, C. (2020). From risk management to resil­ience management in critical infrastructure. Journal of Management in Engineering, 36(4), 04020039.

Sarkis, J. (2020). Supply chain sustainability: learning from the COVID-19 pandemic. International Journal of Operations & Production Management.

Schraml, M. (2020). Mit Digitalisierung durch die Krise. Retrieved from formfaktor-Medium für Design und Innovation-: https://form-faktor.at/digitalisierung-und-bauwesenatp- setzt-auf-bim

Shakou, L. M., Wybo, J. L., Reniers, G., & Boustras, G. (2019). Developing an innovative framework for enhancing the resilience of critical infrastructure to climate change. Safety science, 118, 364-378.

Stephany, F., Stoehr, N., Darius, P., Neuhäuser, L., Teutloff, O., & Braesemann, F. (2020). Which industries are most severely affected by the COVID-19 pandemic? A data-mining approach to identify industry-specific risks in real-time.

Suo, W., Zhang, J., & Sun, X. (2019). Risk assessment of critical infrastructures in a complex interde­pendent scenario: A four-stage hybrid decision support approach. Safety Science, 120, 692-705.

Swanson, D., & Santamaria, L. (2021). Pandemic Supply Chain Research: A Structured Literature Review and Bibliometric Network Analysis. Logistics, 5(1), 7.

Taneja, S., Pryor, M. G., Sewell, S., & Recuero, A. M. (2014). Strategic crisis management: A basis for renewal and crisis prevention. Journal of Management Policy and Practice, 15(1), 78.

Tate, W., Bals, L., & Ellram, L. (Eds.). (2018). Supply chain finance: Risk management, resilience and supplier management. Kogan Page Publishers.

Van der Ploeg, J. D. (2020). From biomedical to politico-economic crisis: the food system in times of COVID-19. The Journal of Peasant Studies, 47(5), 944-972.

Verbeke, W., Dietz, B., & Verwaal, E. (2011). Drivers of sales performance: a contemporary me­ta-analysis. Have salespeople become knowledge brokers?. Journal of the Academy of Market­ing Science, 39(3), 407-428. DOI: 10.1007/s11747-010-0211-8

Wooten, L. P., & James, E. H. (2008). Linking crisis management and leadership competencies: The role of human resource development. Advances in developing human resources, 10(3), 352-379.

Wrigley, N., & Dolega, L. (2011). Resilience, fragility, and adaptation: new evidence on the perfor­mance of UK high streets during global economic crisis and its policy implications. Environ­ment and Planning A, 43(10), 2337-2363.

Yap, O. F. (2020). A new normal or business-as-usual? Lessons for COVID-19 from financial crises in East and Southeast Asia. The European journal of development research, 32(5), 1504-1534.

 

Download Full Paper

Connect with us

Association of Economists and Managers of the Balkans – UdEkoM Balkan
179 Ustanicka St, 11000 Belgrade, Serbia

https://www.udekom.org.rs/home

Udekom Balkans is a dynamic non-governmental and non-profit organization, established in 2014 with a mission to foster the growth of scientific knowledge within the Balkan region and beyond. Our primary objectives include advancing the fields of management and economics, as well as providing educational resources to our members and the wider public.

Who We Are: Our members include esteemed university professors from various scientific disciplines, postgraduate students, and experts from ministries, public administrations, private and public enterprises, multinational corporations, associations, and similar organizations.

Building Bridges Together: Over the course of ten years since our establishment, the Association of Economists and Managers of the Balkans has established impactful partnerships with more than 1,000 diverse institutions across the Balkans region and worldwide.

ITEMA conference publications are licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.