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We extend our validated system dynamics models that we deployed 11 years ago during the credit crisis to model the production lockdown caused by the Covid-19 crisis. We estimate the supply chain dynamics that we may see unfold over the next few months. Our results suggest that inventory dynamics...
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When the COVID-19 pandemic began in 2020, the medical product industry faced an unprecedented demand shock for personal protective equipment (PPE), including face masks, face shields, disinfectants, and gowns. Companies from various industries responded to the urgent need for these potentially...
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Early in the COVID-19 pandemic in 2020, the medical product industry faced an unprecedented demand shock for personal protective equipment (PPE) such as face masks, face shields, disinfectants, and gowns. In response, many companies from different industries built ad hoc supply chains for these...
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This paper uses the FactSet/Revere data set of supply linkages to study the structure of the global production network during 2003-2018. We examine five hypotheses. At the individual firm-level, we show that the in-degree of firms increased at 2.7% per year and out-degree increased at 2.1% per...
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Artificial Intelligence (AI) applications are pervading logistics and supply chain management. The widespread availability of data, combined with sustained improvements in computing power, provide new opportunities to improve supply chain decision-making. Data may originate from digital...
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