Smart strategies for dealing with geopolitical disruption-driven supply chain uncertainty

Abstract

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings This research paper concentrates on how companies can strategically prepare for supply chain disruptions caused by geopolitical events like Brexit. The participating pharmaceutical companies of various sizes did not strictly follow one strategy in isolation, but instead followed multiple strategies concurrently and moved fluidly between them. Crucially, managers should be aware of the value of basing contingency plans on worst-case scenarios, since this provides a structure on which to base their plans and reduce their perception of supply chain risk. Original/value The briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.