The Neglected Nexus: Trade-Offs and Overlaps Between Resilience and Working Capital in Supply Chains
摘要
Covid-19 and geopolitical tensions in Ukraine show that there are several working capital disruptions impacting supply chains, which are to a large degree neglected in supply chain resilience literature. Resilience and working capital strategies are both investigated in supply chain literature, however they are not looked at in conjunction. Based on focus group research with 17 participants representing 14 different companies, we study trade-offs and overlaps between resilience and working capital strategies in supply chains. We identify three key themes at the intersection between both: 1) inter-departmental inventory and payments management, 2) inter-company collaborative working capital management and 3) financial process improvement.