Contribution of optimal operation of logistics on the economic growth of European countries during the coronovirus COVID-19 crisis

  1. MSc thesis
  2. ΕΛΕΝΗ ΤΑΡΑΤΣΑ
  3. Διοίκηση Εφοδιαστικής Αλυσίδας (ΔΕΑ)
  4. 19 Φεβρουαρίου 2023
  5. Αγγλικά
  6. 75
  7. Stefanos G. Giakoumatos
  8. Stefanos G. Giakoumatos, Alexandros Diamantidis
  9. Economic growth, Supply chain/Logistics indicators, GDP growth rate, COVID-19 crisis
  10. SUPPLY CHAIN MANAGEMENT/SCM07
  11. 1-2
  12. 24
  13. charts, diagrams, pictures included
    • Since the end of 2019 almost all humanity faces an unexpected crisis due to the
      coronovirus COVID-19. Subsequent lock-downs, abstention from labor, lack of PPE kits
      for personnel were the initial signs of the supply chain disruption in an international level. Logistic services could not facilitate product mobility and accurate package delivery. Inevitably, the inefficient flow of goods & the inability to solve the transportation obstacles magnified customers’ unreliability to the quality and infrastructures of logistic services. This hindering of the efficient movement of goods directed most of the consumers either to consumption reductions or to product replacements. Additionally, possible restrictions that specific authorities placed in the path of trade due to lack of raw materials resulted in delivery delays and higher costs. As a consequence, economic growth was affected significantly by sudden logistics interruptions and abnormal operation of the supply chain all around the globe.
      According to the literature and recent researches there is a lack of a formal and detailed research based on the influence of the optimal operation of the supply chain management and its impact on economic growth especially in Europe. The aim of our research is to investigate, under a renewed perspective, the overall performance of the supply chain through specific indicators into the European countries and its contribution on European economic growth so far. Pandemic crisis of COVID-19 will be used as an example of forecasting economic growth due to future logistics disorders. New tasks that may arise related to the overall performance of the supply chain and the economic growth as results and proposals of this research, could introduce a renovating perspective on logistics model, well coordinated and probably robust enough to absorb any further unexpected fluctuation of the supply chain performance at least in European value chains in order to yield a positive growth in economy.

  14. Hellenic Open University
  15. Attribution-NonCommercial-NoDerivatives 4.0 Διεθνές