ISSN : 2663-2187

SUPPLY CHAIN RESILIENCE: STRATEGIES FOR MITIGATING RISK

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Dr. Dhananjai Gupta, Dr. Shishir Gupta, Chaitanya Koneti, Abhijeet Sangapurkar, Narender Chinthamu, Ahmad Nur Budi Utama
» doi: 10.48047/AFJBS.6.Si4.2024.1275-1283

Abstract

In today's complicated and uncertain worldwide business climate, supply chain resilience is becoming more and more important. In order to improve supply chain resilience, proactive and reactive risk mitigation techniques are examined in this study. Emphasizing efforts to improve supply chain flexibility and responsiveness, key performance indicators (KPIs) are analysed to gauge improvements in supplier diversification, local sourcing percentages, inventory buffering, demand forecasting accuracy, flexible production systems, and multi-modal transport adoption.

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