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Adapting to Disruptions: A Qualitative Study on Strategies for Building Resilience in Global Supply Chains

This version is not peer-reviewed.

Submitted:

01 January 2025

Posted:

02 January 2025

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Abstract

This study explores the strategies employed by organizations to build resilience in global supply chains amidst disruptions. As global supply chains face increasing volatility due to factors such as geopolitical instability, natural disasters, and regulatory changes, it is critical for organizations to adopt strategies that ensure continuity and minimize the impact of such disruptions. The research adopts a qualitative approach, utilizing in-depth interviews with 27 supply chain professionals from various industries to understand the key factors contributing to supply chain resilience. The study identifies several key strategies that organizations use, including diversification of suppliers and production locations, the adoption of advanced technologies such as artificial intelligence, machine learning, and real-time monitoring tools, and the importance of strong collaboration and communication with stakeholders. Additionally, the research highlights the role of organizational culture, leadership, and risk management practices in fostering a resilient supply chain. The findings suggest that companies that proactively manage risks, invest in technology, and establish strong collaborative relationships are better equipped to respond to disruptions and ensure operational continuity. Furthermore, the study emphasizes the importance of external factors such as regulatory changes and environmental disruptions in shaping supply chain resilience. The research concludes that building resilience is an ongoing process that requires continuous adaptation, proactive risk management, and strategic foresight to ensure that organizations can navigate the complexities and uncertainties of the global supply chain environment.

Keywords: 
Subject: 
Business, Economics and Management  -   Business and Management
Copyright: This open access article is published under a Creative Commons CC BY 4.0 license, which permit the free download, distribution, and reuse, provided that the author and preprint are cited in any reuse.
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