Strategies for Reducing Uncertainties and Disruptions in the Supply Chain

Vol-4 | Issue-04 | April 2019 | Published Online: 15 April 2019 PDF
Author(s)
Dr. Archna Singh 1

1Prof & Head, Department of Management, Global Institute of Information Technology, Greater Noida, UP, India

Abstract

Organisations striving to sustain operational efficiency and customer satisfaction face significant challenges due to uncertainties and interruptions in the constantly changing global supply chain ecosystem. This study explores ways to lessen these difficulties, with an emphasis on technology integration, supplier diversification, inventory optimisation, risk assessment, and cooperative collaborations. In order to help organisations reduce uncertainty and interruptions in their supply chains, this paper offers a comprehensive methodology based on best practises and real-world case studies. This study provides helpful advice for navigating the challenges of contemporary supply chain management by highlighting proactive actions and resilience-building strategies.

Keywords
Supply Chain, Uncertainties, Disruptions, Risk Management, Resilience, Case Studies, Best Practices
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