From optimization to reinvention:High-quality development of supply chains in great changes

CHEN Jinxiao, CHEN Jian

Systems Engineering - Theory & Practice ›› 2022, Vol. 42 ›› Issue (3) : 545-558.

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Systems Engineering - Theory & Practice ›› 2022, Vol. 42 ›› Issue (3) : 545-558. DOI: 10.12011/SETP2021-2066

From optimization to reinvention:High-quality development of supply chains in great changes

  • CHEN Jinxiao1, CHEN Jian2
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Abstract

The recession of globalization brings about the layout adjustment of global value chains and seriously threatens the security of supply chains.The COVID-19 pandemic aggravates various uncertainties and greatly affects the operations of supply chains.Meanwhile,emerging technologies such as digitalization are propelling business innovations and providing new opportunities for the value creations of supply chains.Operations optimization is committed to facilitating efficient collaborations for achieving supply chain coordination.The interweaving of various variables in great changes further catalyzes the reinvention of supply chains towards platform-based ecosystems.The ecosystem promotes transboundary integrations of multi-entities by opening and sharing resources,builds ecological balances of the system by operations coordination and mutual benefit,energizes risk management and green operations by intelligentization,stimulates non-boundary innovations by structure reorganization and pattern transformation,and realizes the value co-creations of participators.Therefore,it is necessary to strengthen the philosophy of "community of interests",actuate resource sharing,risk sharing,mutual trust and benefit distribution through mechanism constructions,enhance ecological concept and value recognition,improve platform operations management,optimize ecosystem governance,create an open and innovative ecology,upgrade crisis management capability,and build ecosystems for enabling the high-quality development of supply chains.

Key words

supply chain / reinvention / ecosystem / great changes / high-quality development

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CHEN Jinxiao , CHEN Jian. From optimization to reinvention:High-quality development of supply chains in great changes. Systems Engineering - Theory & Practice, 2022, 42(3): 545-558 https://doi.org/10.12011/SETP2021-2066

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Funding

The National Key R&D Program of China (2020AAA0103801);National Natural Science Foundation of China (71702187);Tsinghua University School of Economics and Management Research Grant (2020051006)
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