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Strategies for enhancing global supply chain resilience to climate change


Article Information

Title: Strategies for enhancing global supply chain resilience to climate change

Authors: Uzoma Okwudili Nnaji, Lucky Bamidele Benjamin, Nsisong Louis Eyo-Udo, Emmanuel Augustine Etukudoh

Journal: International journal of management & entrepreneurship research

HEC Recognition History
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Year: 2024

Volume: 6

Issue: 5

Language: en

DOI: 10.51594/ijmer.v6i5.1141

Categories

Abstract

This review paper addresses the critical need for enhancing resilience within global supply chains against climate change impacts. It systematically explores strategies for identifying and assessing risks, adapting supply chain practices, fostering collaborative efforts among stakeholders, and leveraging policy and regulatory support. The study highlights the financial, technological, and regulatory challenges impeding resilience implementation, emphasizing the exacerbating effect of global inequalities. Recommendations for businesses, policymakers, and international bodies are provided to facilitate the effective implementation of resilience strategies. The paper calls for future research focusing on empirical validation of these strategies, integrating long-term climate projections, and exploring social dimensions within supply chain resilience. This comprehensive approach aims to bolster global supply chains against climate-induced disruptions, contributing to sustainable economic stability and community well-being.
Keywords:  Climate Change, Global Supply Chains, Resilience Strategies, Risk Management, Collaboration, Policy Support.


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