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@henryfarrell & @ANewman_forward make the case that "not all firms suppliers, or countries are equally risky and that it may be better to build in #redundancy for possible bottlenecks than to cut them away entirely." They also refer to the following papers
foreignaffairs.com/articles/china…
@helper_susan presents the idea of "total value contribution" encouraging "#supplychain managers to first consider how decisions affect #value #drivers, bevore they even consider costs."
supplychaindive.com/news/coronavir…
Carvalho/Elliot/Spray, @CambridgeINET, introduce the concept of #bottleneck firms, i.e., companies that are so essential "that there is no way of rerouting demand through the supply network such that other firms can tack up the slack"
covid.econ.cam.ac.uk/carvalho-ellio…
Please stay tuned for more to come on this channel as I am working with @CarstenJaekel on paper discussing a new proposal to make #supplychains more transparent, resilient, and sustainable. We are close to 🏁...
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