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@article{167963,
        author = {Akash Ranjan and Dr. Priyanka Rai},
        title = {Financial Strategies for Enhancing Supply Chain Resilience in Times of Crisis},
        journal = {International Journal of Innovative Research in Technology},
        year = {2024},
        volume = {11},
        number = {4},
        pages = {920-929},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=167963},
        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.},
        keywords = {Supply Chain Resilience, Financial Strategies, Crisis Management, Liquidity Management, Supply Chain Disruptions, Risk Mitigation, Contingency Planning, Cost Optimization, Supplier Diversification, Supply Chain Financing, Operational Efficiency.},
        month = {September},
        }