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Financial Strategies for Enhancing Supply Chain Resilience in Times of Crisis

  • Unique Paper ID: 167963
  • Volume: 11
  • Issue: 4
  • PageNo: 920-929
  • Abstract:
  • In the current global environment, supply chains are often disrupted by things like natural disasters, economic downturns, and unexpected crises. These events can cause big financial problems for companies by slowing or even stopping the flow of goods. This research explores different financial strategies that businesses can adopt to strengthen their supply chains in tough times. Strategies like management of cash flow, diversification of suppliers, investment in tech, and the use of tools such as insurance or hedging helps the organisation in reducing risks. In this paper, through real-world examples and past case studies, we tend to show smart financial decisions can help keep supply chains running smoothly, even in difficult situations.
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  • ISSN: 2349-6002
  • Volume: 11
  • Issue: 4
  • PageNo: 920-929

Financial Strategies for Enhancing Supply Chain Resilience in Times of Crisis

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