Impact of Environmental Dynamism (Covid19) on Supply Chain Risk Management Performance of Manufacturing Firms of Pakistan

Abstract

Corona Virus outbreak (COVID 19) has adversely influence Pakistani and international economy. Each segment of the society has suffered its impact on health, daily life and socio economic well being. This research works aims to analyze the impact of Corona Virus (COVID 19) on manufacturing concerns being a crucial segment of economy and recommendations keeping in view the supply chain risk management and risk management strategies. Quantitative methodology was adopted so as to review the literature regarding supply chain risk management, Supply chain resilience (SCR), Supply Chain Flexibility (SCF) and Supply chain Agility (SCA). Furthermore, to include the empirical evidence, data has been gathered through questionnaire and interview from more than 265 supply chain professionals from manufacturing concerns of Islamabad and Rawalpindi. Through data analysis, it is been validated that mostly participants organization has been adversely affected by COVID’s economic output i-e. Supply chain disruptions, information sharing, forecasting, procurement, demand fluctuation and logistics. It indicates that mostly organizations were not prepared for such kind of unprecedented event. The findings of this study are in consistency with the previous research. Based upon the research results, some recommendations are proposed to moderate the sever impacts of pandemic on manufacturing concerns.