Global supply chains have become increasingly complex due to globalization, technological advancements, and interconnected markets. While global supply networks enable organizations to achieve cost efficiencies, market expansion, and operational flexibility, they are also exposed to various risks, including geopolitical instability, natural disasters, cyber threats, supplier failures, transportation disruptions, regulatory changes, and pandemics. Effective risk management has become a strategic priority for organizations seeking to ensure business continuity and competitive advantage. This study examines the nature of risks in global supply chains, evaluates risk management frameworks, and explores the role of emerging technologies in mitigating disruptions. Through a comprehensive review of academic literature, industry reports, and case studies, the research identifies key risk factors, resilience strategies, and best practices for global supply chain risk management. The findings highlight that proactive risk assessment, digital transformation, supplier diversification, and collaborative partnerships significantly enhance supply chain resilience. The study proposes an integrated Global Supply Chain Risk Management Framework and provides recommendations for organizations operating in increasingly volatile business environments.
Download
Download XML