The impact of supply chain disruptions on the opportunity cost of road transport companies in Poland. A case study
The impact of supply chain disruptions on the opportunity cost of road transport companies in Poland. A case study
Author(s): Teresa Gądek-Hawlena, Patryk HelioszSubject(s): Business Economy / Management, Transport / Logistics
Published by: Wojskowa Akademia Techniczna im. Jarosława Dąbrowskiego
Keywords: disruption; opportunity cost; supply chains; crisis; case study;
Summary/Abstract: The mission of many companies around the world is to strive for continuous development of their operations, thus increasing their own operability and profits generated. The ways to do this are at least several - from increasing the scope of the company’s operations to looking for weak links inside the company, thus optimizing the costs incurred. It so happens, however, that it is not internal conditions that influence the way a business entity is shaped, but external influences over which one does not always have control. It then remains to adjust to the new reality and, as far as possible, reduce its negative impact. Emerging threats in the socioeconomic space, in recent years, caused by the COVID pandemic or the war in Ukraine, among others, have contributed to an area in which research should be undertaken. The purpose of the study was to analyze the disruptions created inside supply chains and their impact on the transport company. In the described research, the research questions were formulated as follows: How do disruptions in supply chains affect the opportunity costs of transportation companies and how can they be minimized? A research assumption was made that disruptions in supply chains affect the opportunity costs of transportation companies. These disruptions limit opportunities to expand economic activity. The problem discussed referred to the issue of opportunity cost - in particular, the cost of lost opportunities and benefits, in order to then propose changes and actions to reduce the adverse effects from external influences. Based on the research, it can be concluded that disruptions in supply chains affect the oppor- tunity cost of companies (1). Identifying and analyzing disruptions Identifying disruptions and analyzing allows you to identify several options for minimizing opportunity costs (2). Considering the disruptions in supply chains under the influence of the global crises among the most significant affecting the studied entity were: disruptions related to the timeliness of deliveries, the inability to hire new drivers and the possibility of acquiring another set of vehicles (3). These disruptions prevented the surveyed entity from expanding its operations and thus affected its opportunity costs.
Journal: Systemy Logistyczne Wojsk
- Issue Year: 58/2023
- Issue No: 1
- Page Range: 181-196
- Page Count: 16
- Language: English