ABSTRACT
PurposeThis paper aims to identify and assess global risks in the supply chain performance.Design/methodology/approachFirst, global risks are identified and classified according to three criteria: content, probability and context. A set of supply chain performance indicators are then defined by the theory of resource-based view and balanced scorecard. Structural equation modeling is adopted to access risks in the global supply chain.FindingsThis article contributes to the supply chain risk management literature by providing a detailed operationalization of global supply chain risk constructs, e.g. natural disasters, war and terrorism, fire accidents, economic and political instability, social and cultural grievances, decease. Empirical results reveal that the supply chain is predominantly regarded as being vulnerable as the proposed model of risks can explain up to 12.6% variance of supplier performance, 25.2% innovation and learning, 23% internal business, 40.6% customer service and 32.4% finance.Research limitations/implicationsThese risks are relevant contextual variables in strategic supply chain decisions. Supply chain managers should keep in mind acceptable cost/benefit tradeoffs in their firms' mitigation efforts associated with major contingency risks. This research advocates the allocation of scarce resources to adopt the supply chain strategies of avoidance, speculative and postponement.Originality/valueThe application of the strategic content/process/context to explain global supply chain performance is an interesting approach. Moreover, globalization trends and the COVID-19 perspectives are considered to be the main reasons for increasing such complex factors. Data on validating research models collected during the COVID-19 pandemic reflect the topicality of this study.
ABSTRACT
This paper examines the current use of panelized components in homebuilding in the Oklahoma City (OKC) and Dallas-Fort Worth (DFW) areas. Panelization is a type of prefabrication in which certain framing components are built off site and then transported to the site for assembly. This technique has been reported to make homebuilding more efficient and affordable. Further, panelization may be one strategy to cope with the growing labor shortage. However, adoption in the United States varies and is relatively limited. To better understand the benefits and challenges of panelization, semi-structured interviews were conducted with 10 production homebuilders from the OKC and DFW metropolitan areas. Although most of the benefits (faster, more consistent, and less waste) and challenges (cost, logistics, and labor issues) were consistent with previous research, new benefits related to warranties and new challenges relating to transportation and delivery were identified. In addition, the study concludes that national and regional production builders differ in their priorities and perceptions of panelization: national builders are trying to increase their use of panelization, whereas regional builders are moving away from it.