Thursday, May 14, 2020, Eastern Time 1:00 – 2:00 pm
Speaker: Dmitry Ivanov, Dr. Dr. Habil.
Ripple Effects in Supply Chains at different Pandemic Stages: How Simulation and Optimization Can Help Predicting the Impacts of and Recovering from the COVID-19 Pandemic: The COVID-19 pandemic unveils unforeseen and unprecedented fragilities of the supply chains (SC). One strong stressor to SCs and their collapses comes from disruption propagations, i.e., the ripple effect through the networks. The existing OR knowledge in modelling disruption propagations in SCs is multi-faceted and reviewed in this webinar. Some recent simulations will be presented, too. We focus on outcomes in both managerial and theoretical domains structured into five stages (i.e., Anticipation; Early detection; Containment; Control and Mitigation; and Elimination) following the WHO classification. Our webinar can be of interest for industry and researchers alike when guiding the SCs amid the COVID-19 pandemic and recovering them thereafter. Suggestions for future research directions are offered and discussed. [original source ]