The global supply chains management against future risks a post-pandemic vision during the ongoing war

Katarzyna Grondys () and Michał Kot ()
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Katarzyna Grondys: Częstochowa University of Technology, Poland
Michał Kot: Częstochowa University of Technology, Poland

Entrepreneurship and Sustainability Issues, 2023, vol. 10, issue 4, 10-25

Abstract: For several years, the global supply chain has been particularly exposed to various dangers in particular natural disasters, the COVID-19 pandemic or the armed conflict in Ukraine, which threaten its stability, continuity of efficiency. Each of the current events brings full economic environmental social risks that directly affect the supply chain. Companies wishing to adapt to current market situations, wishing to be competitive, must learn to properly manage the supply chain, monitor it and anticipate the possibility of specific risks. The main purpose of the article is to determine the impact of potential risk factors on the supply chain and its stability. In addition, the current capacity of companies to implement a number of supply chain activities such as management, monitoring through the lens of recent events, among others, was verified. A survey questionnaire was used to conduct the survey in the first quarter of 2023, which yielded 250 questionnaires, of which 212 properly completed copies were selected for the study, representing companies from countries such as Poland, Romania, the UK and Turkey. Subsequently, the data was subjected to in-depth analysis thanks to which it was possible to create a series of recommendations for companies that will minimize the possibility of risk, minimize the effects after the occurrence of such risks and help companies to operate on currently dynamic supply chains being competitive in global markets. It has been shown that in companies according to which the impact of economic and environmental factors does not have much influence on their company is observed significantly more often are more likely to have deteriorating efficiency results. It has been shown that in companies according to which the impact of economic and environmental factors is not high influence on their company is observed significantly more often are more likely to have deteriorating efficiency results.

Keywords: global; supply chain; management; risks (search for similar items in EconPapers)
JEL-codes: M11 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:10:y:2023:i:4:p:10-25

DOI: 10.9770/jesi.2023.10.4(1)

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