Abstract
In modern market conditions, it is important to correctly assess and manage risks in order to increase the competitiveness and economic stability of enterprises. This article examines the main factors that influence the formation of risks in global supply chains. Controllable and uncontrollable factors, external and internal, are defined. It was established that factors of uncertainty and risks must be taken into account at the stage of both the structural and functional synthesis of supply chains and the implementation of plans. This significantly complicates the processes of structural formation and planning, increases the requirements for flexibility, efficiency and stability of supply chains, the development of mechanisms for coordinated actions of companies in regular and non-regular situations. Although various concepts, models and information systems have been developed over the past 30 years to reduce uncertainty and risk in supply chains, in practice and in theory, this topic is becoming increasingly popular. This article presents the author’s view on the issue of uncertainty and risk in supply chains. Methods for reducing risks in supply chains include: introducing redundancy in structures(expanding the range of products, introducing temporary buffers, safety stocks, additional warehouses, capacity reserves, etc.); improving coordination and information exchange to improve the quality, timeliness and availability of demand forecasts for all supply chain participants; introducing a system for monitoring and regulating supply chains in the event of violations and deviations from the plan; unification of supply chain management elements (endowing various decision-making areas with a variety of management functions so that, for example, if it is impossible to perform a management function in area A, this function can be performed in area B; design of transport systems with alternative delivery routes; development of inter-organizational plans for actions in conditions of disruption of planned processes and elimination of consequences of disruptions in supply chains (contingency plans); standardization of production processes to increase flexibility of capacity use; documentation of disruptions and personnel training. The article emphasizes the importance of applying preventive measures in the system of risk management in global supply chains, suggests strategies for preventing and avoiding risks.
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call