Global and local operations of Finnish metal industry companies during COVID-19 and trade disruptions : a case study |
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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
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Publish Date: | 2022-01-12 |
Description: |
AbstractPurpose: 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
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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/ |