Enhancing Supply Chain Resilience: Proactive Strategies for Disruptive Events

Krishna Chaitanya Raja Hajarath () and Jayapal Reddy Vummadi ()

International Journal of Supply Chain Management, 2024, vol. 9, issue 3, 1 - 11

Abstract: Purpose: This paper emphasizes the significance of proactive strategies in enhancing supply chain resilience against disruptions, focusing on natural disasters, geopolitical instability, and pandemics. Through risk assessment, scenario planning, and proactive measures like diversification, inventory optimization, and technology adoption, it proposes an integrated methodology for resilient supply chains. Methodology: Drawing from literature and real-world examples, this study develops a framework for supply chain resilience, emphasizing contingency planning and implementation techniques. Findings: The integrated methodology enhances companies' resilience and recovery capacity, mitigating the severity of disruption effects. Practical recommendations are offered for developing resilient supply chains in uncertain business environments. Unique Contribution to Theory, Practice and Policy: This study contributes by offering actionable recommendations, bridging theory and practice, to fortify supply chains against instability and uncertainty, thereby advancing both theoretical understanding and practical applications in supply chain resilience planning.

Keywords: Resilience; Proactiv; Contingency; Risk Assessment; Implementation (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.iprjb.org/journals/index.php/IJSCM/article/view/2633/3062 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bdu:oijscm:v:9:y:2024:i:3:p:1-11:id:2633

Access Statistics for this article

More articles in International Journal of Supply Chain Management from IPRJB
Bibliographic data for series maintained by Chief Editor ().