Supply Chains Risk Management Challenges

Abstract

The article discusses the formation of approaches to limiting the impact of risks on supply chains. The concept of the supply chain is defined as a combination of internal and external participants in relation to the company, whose activities are directly and indirectly aimed at meeting the needs of the company. The classical supply chain is considered, key aspects of sustainable development related to the production of products are identified, which should be taken into account when managing the supply chain, the most typical risks arising in the supply chain are identified. Two stages of chain risk assessment have been established - determination of risk events and assessment of probability and severity of risk event. It has been established that the factor in the formation of a chain risk management plan is the consideration of changes in consumer behavior. It is determined what features should be taken into account when developing a supply chain risk management plan. The concept of supply chain sustainability is considered, which includes the ability of the supply chain to respond to failures and recover from them. It is noted that the sustainability of the supply chain is associated with the changing characteristics of enterprises that are currently undergoing changes, in particular, a setting is proposed that is completely based on robotic labor. It has been found that supply chain sustainability models are needed to achieve business continuity goals, and peripheral computing will gain popularity as there is a shift towards supply chain independence of digital twin technology and supply chain resiliency complement each other because a program that allows fault simulations to run can increase the level of supply chain resiliency in an enterprise.