Abstract

The growing complexity and dynamics of the global markets are raising an emergency call in the necessity of a balance in the supply chains that is strategic in terms of being efficient, resilient and sustainable. The fact that legacy efficiency optimization strategies are cost-effective puts land firms in a precarious position when it comes to addressing such a phenomenon as pandemics, geopolitics, and climate-related shocks. The current article comprises the literature review of 25 or more peer-reviewed articles aimed at investigating how organizations can get the most out of capacity planning and resource allocation by aligning resiliency practices and the sustainability program. The conclusion is that the trade-offs to this risk are balancing in the form of buffer stocks, policy of multi-sourcing and greening technologies. The boiling point in the context of the COVID-19 case but it is also more the time of volatility, which will also have an impact on the supply and demand levels; hence, the necessity to make predictions becomes even more significant. Achieving digital transformation that would be spawned by Industry 4.0 technologies like predictive analytics, IoT and AI become material to take advantage of that would assist companies to predict demand, gain visibility in the network) and have less disruptive risk. The research constructs a model schematic to understand the interdependence that exists in efficiency, resilience and sustainability through the use of an integrative approach. Managerial/Policy implications gives some corollaries to the managers concerning the flex capacity contracts, to the policymakers to promote sustainability as well and gives guidelines to the future research. A more integrated strategy would be able to improve the competitiveness, crisis resiliency, and sustainability of the supply chains on environmental and social aspects.