Navigating Uncertainty: Strategies to Mitigate Geopolitical Risks in Global Supply Chains

Abstract

This paper investigates the complex relationship between geopolitical risks and global supply chain disruptions. It identifies critical factors such as trade tensions, sanctions, and political instability, and their cascading effects on global trade. The study underscores the importance of resilience strategies like diversification and technological adoption to mitigate these risks. Concluding with actionable recommendations, it offers a forward-looking perspective for businesses grappling with geopolitical uncertainties.

Keywords: Geopolitical Risks, Global Supply Chains, Risk Mitigation Strategies, Supply Chain Resilience, Trade Tensions and Sanctions, Technological Adoption in Supply Chains, Global Trade and Commerce