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Supply chains are vulnerable to disruptions which can hamper the smooth flow of products to the end users Therefore, we need to investigate risk mitigation strategies (policies) on how a supply chain organization can obtain significant strategic value by implementing a mitigation program. Hence, the importance of mitigation strategies for managing disruptions cannot.
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This paper explores strategies for mitigating risks and enhancing resilience within supply chains This paper contributes to the existing body of knowledge by providing a comprehensive synthesis of strategies and practices for enhancing supply chain resilience and mitigating risks in the face of global disruptions. It examines various approaches, including proactive risk management, diversification of suppliers and logistics networks, adoption of digital technologies, and collaborative partnerships.
This study provides a comprehensive foundation for understanding diverse mitigation strategies identified through systematic literature review by delving into theories, characteristics, methodology, and contextual analysis of scdms and propose a conceptual framework for organizations and researchers.
Flow chart for the simulation of a severe supply chain disruption the goal of this research is to identify the optimal risk management strategies for a firm This study provides a thorough and evaluative analysis of supply chain resilience in many industries, encompassing the automobile, airline, oil and gas, electronics, liner shipping, pharmaceutical, and food sectors, to provide the best strategies and solutions. Therefore, considering that making rapid decisions, and taking immediate actions was important to prepare for future supply chain disruptions Hence, the purpose of this research is to identify the challenges faced by the supply chain during disruption
Supply chain disruptions have always existed, but have become more intense during the last decade or so. Risk mitigation is not merely about reacting to disruptions but also about looking ahead and planning for them, as well as incorporating resilience into the supply chain This research examines the efficacy of numerous risk mitigation techniques used in international supply chains.
