TY - JOUR
T1 - Gaining from Disorder
T2 - Making the Case for Antifragility in Purchasing and Supply Chain Management
AU - Nikookar, Ethan
AU - Varsei, Mohsen
AU - Wieland, Andreas
PY - 2021/6
Y1 - 2021/6
N2 - The purchasing and supply chain management (P&SCM) discipline assumes that supply chains are fragile systems, hence taking a “negative” approach toward disorder. Building on Taleb’s concept of antifragility—the ability to gain from disorder rather than avoiding it—, we challenge this traditional assumption. The COVID-19 pandemic has revealed that some companies were indeed able to gain from disorder, whereas some of those that focused too much on robustness and resilience lost ground. Building robust and resilient supply chains may no longer be enough to thrive in today’s highly volatile business world. This article sparks a new debate by introducing antifragility to the P&SCM literature and provides new directions for future research.
AB - The purchasing and supply chain management (P&SCM) discipline assumes that supply chains are fragile systems, hence taking a “negative” approach toward disorder. Building on Taleb’s concept of antifragility—the ability to gain from disorder rather than avoiding it—, we challenge this traditional assumption. The COVID-19 pandemic has revealed that some companies were indeed able to gain from disorder, whereas some of those that focused too much on robustness and resilience lost ground. Building robust and resilient supply chains may no longer be enough to thrive in today’s highly volatile business world. This article sparks a new debate by introducing antifragility to the P&SCM literature and provides new directions for future research.
KW - Antifragility
KW - Antifragile supply chain
KW - Supply chain disruption
KW - Resilient supply chain
KW - Purchasing
KW - Robust supply chain
KW - Supply chain management
KW - COVID-19
KW - Antifragility
KW - Antifragile supply chain
KW - Supply chain disruption
KW - Resilient supply chain
KW - Purchasing
KW - Robust supply chain
KW - Supply chain management
KW - COVID-19
U2 - 10.1016/j.pursup.2021.100699
DO - 10.1016/j.pursup.2021.100699
M3 - Journal article
SN - 1478-4092
VL - 27
JO - Journal of Purchasing & Supply Management
JF - Journal of Purchasing & Supply Management
IS - 3
M1 - 100699
ER -