University of Oulu

Rönkkö, P., Lehtinen, J., Majava, J., & Tervonen, P. (2021). Global and Local Rönkkö, P., Lehtinen, J., Majava, J., & Tervonen, P. (2021). Global and Local Operations of Finnish Metal Industry Companies during COVID-19 and Trade Disruptions: A Case Study. International Journal of Management, Knowledge and Learning, 293–304. https://doi.org/10.53615/2232-5697.10.293-304

Global and local operations of Finnish metal industry companies during COVID-19 and trade disruptions : a case study

Saved in:
Author: Rönkkö, Pasi1; Lehtinen, Jere1; Majava, Jukka1;
Organizations: 1University of Oulu, Finland
Format: article
Version: published version
Access: open
Online Access: PDF Full Text (PDF, 2.1 MB)
Persistent link: http://urn.fi/urn:nbn:fi-fe202201122024
Language: English
Published: ToKnowPress, 2021
Publish Date: 2022-01-12
Description:

Abstract

Purpose: Globally operating companies have been disrupted by many simultaneous crises in recent years, specifically the COVID-19 pandemic, Brexit, and trade wars. This study identifies the key factors in companies’ decisions to expand their global supply chains or to operate more locally in today’s world.

Study design/methodology/approach: This article contains a literature review and empirical study. Representatives from three Finnish B2B manufacturing companies in the metal industry were interviewed about their international and local operations.

Findings: The key reasons for global operations included a large supplier base, component availability, lower costs, and specialised products. Typical problems included quality issues, long lead times, and communication challenges. Specific risks and mitigations around COVID-19, Brexit, and trade wars are also presented.

Originality/value: The study provides updated information on global and local operations. Unique reasons for global operations included manufacturing Engineer-to-Order (ETO) products close to the customer and changes in products.

see all

Series: International journal of management, knowledge and learning
ISSN: 2232-5107
ISSN-E: 2232-5697
ISSN-L: 2232-5107
Volume: 10
Pages: 293 - 304
DOI: 10.53615/2232-5697.10.293-304
OADOI: https://oadoi.org/10.53615/2232-5697.10.293-304
Type of Publication: A1 Journal article – refereed
Field of Science: 222 Other engineering and technologies
Subjects:
Copyright information: © 2021 Pasi Rönkkö, Jere Lehtinen, Jukka Majava, Pekka Tervonen. This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
  https://creativecommons.org/licenses/by-sa/4.0/