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INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016 Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) |
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| Paper Title: | Aligning Strategies in Mitigating Supply Risk: The Role of Supply Chain Management in an Emerging Economy |
| Authors Name: | Ahmed Abdallah Adam , Musah Osumanu Doumbia , Irene Iris Akaab , Hariharan Laxminarayan , Mercy Torsu |
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IJNRD_217838
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| Published Paper Id: | IJNRD2404348 |
| Published In: | Volume 9 Issue 4, April-2024 |
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| Abstract: | This paper adopts a structured literature review methodology to delve into the pivotal role of supply chain management (SCM) in countering supply risks within emerging economies. The review methodically collects, analyzes, and synthesizes a broad spectrum of existing studies and real-world case studies. This rigorous process uncovers how SCM strategies can be tailored to address specific challenges in these markets, like market volatility, infrastructural constraints, and diverse regulatory landscapes. By integrating globally recognized best practices with strategies that resonate with local dynamics, the paper proposes a nuanced approach to managing supply risks. It underscores the significance of collaboration, the incorporation of technological advancements, and maintaining agility in SCM processes. The findings reveal insightful SCM models that align risk mitigation with the economic and cultural realities of emerging markets, thereby offering valuable strategic insights. Additionally, the paper explores the impact of digital transformation in SCM and the influence of governmental policies and international trade agreements in shaping SCM strategies in these regions. By providing a comprehensive framework for aligning SCM strategies with the objective of risk mitigation, this research contributes to a deeper understanding of strategic SCM. It advocates for the development of resilience and sustainable growth in emerging economies, thereby addressing a critical gap in SCM literature and offering pragmatic guidelines for businesses and policymakers in these burgeoning markets. |
| Keywords: | Supply Chain Management (SCM), Emerging Economies, Supply Risk Mitigation, Market Volatility, Infrastructure Challenges, Regulatory Environment, Global Best Practices, Localized Strategies, Collaboration in SCM, Technological Adaptation, Supply Chain Agility. |
| Cite Article: | "Aligning Strategies in Mitigating Supply Risk: The Role of Supply Chain Management in an Emerging Economy", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.9, Issue 4, page no.d415-d437, April-2024, Available :http://www.ijnrd.org/papers/IJNRD2404348.pdf |
| Downloads: | 00036 |
| ISSN: |
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID:IJNRD2404348 Registration ID: 217838 Published In: Volume 9 Issue 4, April-2024 DOI (Digital Object Identifier): Page No: d415-d437 Country: Accra, Greater Accra, Ghana Research Area: Management Publisher : IJ Publication Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2404348 Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2404348 |
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