19 March 2024 | Sina Abbasi, Ilias Vlachos, Ali Samadzadeh, Shayan Etemadifar, Mohamad Afshar, Mohsen Amra
This article presents a model for a logistics and financial supply chain network during the COVID-19 era. The study focuses on the impact of the pandemic on supply chain networks, emphasizing the need for sustainable practices and dynamic capacities to ensure resilience and performance. It develops a conceptual framework for assessing dynamic capacities and sustainable behaviors during the pandemic, highlights the importance of financial ratios during the pandemic, and establishes drivers for sustainable practices and competencies in disruptive and unpredictable business environments. The model helps practitioners create and implement sustainable supply chain activities and track their effects on business sustainability. The research also examines the financial and material flow in supply chains during the pandemic, identifying gaps in current supply chain studies. The study reviews existing literature on supply chain management during pandemics, categorizing research into material flow and financial flow. It discusses the challenges posed by the pandemic, including supply chain disruptions, shifts in supply and demand, and the need for resilient and flexible supply chain networks. The study proposes a financial and logistics supply chain network model that considers the challenges posed by the pandemic. It also examines the pandemic's financial effects, including how it affects cash and physical flow. The model offers decision-makers a framework to assess the effects of various scenarios and make informed decisions to improve their supply chain networks. The study's findings suggest that the proposed model can assist managers in creating and implementing sustainable supply chain activities and tracking and analyzing their effects on business sustainability. The research also highlights the importance of financial flows in supply chains, including the role of interest rates, asset liability, and cash flow management. The study concludes that the proposed model can help companies improve their financial and material flows, leading to more efficient and sustainable supply chain operations. The research also identifies limitations and recommendations for future studies, including the need for further research on the impact of the pandemic on supply chains and the development of more sophisticated models to address these challenges.This article presents a model for a logistics and financial supply chain network during the COVID-19 era. The study focuses on the impact of the pandemic on supply chain networks, emphasizing the need for sustainable practices and dynamic capacities to ensure resilience and performance. It develops a conceptual framework for assessing dynamic capacities and sustainable behaviors during the pandemic, highlights the importance of financial ratios during the pandemic, and establishes drivers for sustainable practices and competencies in disruptive and unpredictable business environments. The model helps practitioners create and implement sustainable supply chain activities and track their effects on business sustainability. The research also examines the financial and material flow in supply chains during the pandemic, identifying gaps in current supply chain studies. The study reviews existing literature on supply chain management during pandemics, categorizing research into material flow and financial flow. It discusses the challenges posed by the pandemic, including supply chain disruptions, shifts in supply and demand, and the need for resilient and flexible supply chain networks. The study proposes a financial and logistics supply chain network model that considers the challenges posed by the pandemic. It also examines the pandemic's financial effects, including how it affects cash and physical flow. The model offers decision-makers a framework to assess the effects of various scenarios and make informed decisions to improve their supply chain networks. The study's findings suggest that the proposed model can assist managers in creating and implementing sustainable supply chain activities and tracking and analyzing their effects on business sustainability. The research also highlights the importance of financial flows in supply chains, including the role of interest rates, asset liability, and cash flow management. The study concludes that the proposed model can help companies improve their financial and material flows, leading to more efficient and sustainable supply chain operations. The research also identifies limitations and recommendations for future studies, including the need for further research on the impact of the pandemic on supply chains and the development of more sophisticated models to address these challenges.