ADVANCED PROJECT AND LOGISTICS MANAGEMENT ASSESSMENT TITLE: A CHAIN REACTION
Author:
Adebayo Ridwan and Yusuf Adeola
This is an open access article distributed under the Creative Commons Attribution License CC BY 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited
Supply chains, the lifeblood of modern corporations, harbor a hidden peril that threatens resilience. In today’s interconnected world, uncertainties loom, casting shadows over the stability of supply networks. This study peels back layers within the manufacturing sector, unveiling vulnerabilities that jeopardize supply chain efficacy. It navigates the perilous dance between visible and invisible risks, shedding light on issues often overlooked. Among these risks lies the threat of innocuous buyers encountering substandard goods along the supply chain. The dynamic nature of global networks underscores the need to scrutinize how problems propagate across diverse supply chains, as depicted in the Wall Street Journal documentary “Why Global Supply Chains May Never Be the Same.” This study meticulously examines internal and external factors impacting supply chain effectiveness, offering valuable insights for navigating today’s complex landscape. Balancing susceptibility and efficiency is paramount in manufacturing, where vulnerabilities lurk despite operational prowess. Through a blend of theoretical frameworks, empirical research, and practical insights, this study enhances supply chain resilience and foresight. It serves as a strategic guide, providing actionable recommendations grounded in credible data. While these recommendations hold promise, potential hazards must be acknowledged. The manufacturing supply chain, efficient yet fragile, demands a preemptive approach to risk management. By offering strategic counsel, this study empowers businesses to fortify their chains against unforeseen disruptions, fostering resilience across dynamic industries. In essence, this research advocates for a balanced and proactive stance towards risk management, revitalizing supply chains to thrive in today’s turbulent environment.
Pages | 44-51 |
Year | 2024 |
Issue | 1 |
Volume | 2 |