International Journal of Progressive Research in Engineering Management and Science
(Peer-Reviewed, Open Access, Fully Referred International Journal)

ISSN:2583-1062
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Paper Details

A STUDY OF THE STRATEGIC FRAMEWORK FOR STABILITY AND ADAPTABILITY IN THE CONSTRUCTION OF INCAPACITY SUPPLY CHAINS (KEY IJP************958)

  • Ramar M,Keerthi

Abstract

The main objective of this research is to provide a strategic framework for enhancing the supply chain's resilience by enhancing its ability to withstand shocks, recover swiftly, and carry on with steady operations. In the face of abrupt shocks like global crises, unstable economies, and logistical interruptions, traditional supply chains usually fail because of their primary concentration on cost effectiveness. This study looks at the primary factors that contribute to resilience, emphasizing flexible sourcing strategies, multi-tier supply chain visibility, strategic supplier alliances, and comprehensive risk management frameworks. By using these resilience-building strategies, companies may create adaptable supply chains that can foresee risks, respond to interruptions, and carry on operations in uncertain circumstances. Furthermore, supply network visibility is increased by technical advancements like blockchain solutions, digital twins, and real-time tracking, which help companies locate bottlenecks, improve coordination, and expedite operations. Risk management is another crucial element of resilience.Traditional supply networks use past data to respond to interruptions. But thanks to modern predictive analytics, AI-driven forecasting, and scenario planning, companies can now proactively detect hazards and develop contingency plans. Decentralized decision-making reduces downtime and ensures seamless operations by enabling managers to react swiftly to situations.

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