Paper Contents
Abstract
Traditional and Modern supply chain risk management (SCRM) practices differ in industries and economies. This paper is an outcome of the dissertation work of comparing SCRM practices in multinational corporations from various regions worldwide. It emphasizes the transformation of SCRM through assessment and collaboration mechanisms aiming at greater operational and financial efficiencies while protecting industries and economies from disruptions by shifting from reactive to anticipatory modes. Both qualitative and quantitative approaches are employed in this study to utilize secondary data gathered from systematic reviews and primary data through the interactions with industry experts across various supply chains. The current research explores various risk mitigation tools and strategies adopted to enhance the supply chain resilience. Supply chains differ by complexity in the specific contexts of industries and economies. The identified risks and their solutions contribute towards the sustainable development goals. The analysis, findings, relevance, validity, and reliability are done with credible sources of data and proper guidance from academic and professional mentors to identify the correlation between SCRM tools and Sustainable Growth.Keywords: SCRM, Traditional and Modern Risk Management, Digital Tools and Techniques, Strategies.
Copyright
Copyright © 2025 Nikhil Marothi. This is an open access article distributed under the Creative Commons Attribution License.
