What is Supply Chain Risk Management Strategies

The COVID-19 pandemic has created a devastating impact on supply chains. Especially, transportation disruptions, the slowdown in manufacturing, supply-demand imbalances, operational inefficiency in last-mile, and deficiencies in dealing with the crisis can be seen as main headings. This chapter aims to reveal the problems and learn lessons in these areas where significant risks are faced. During the COVID era, the need for resilient supply chains that are not affected by instantaneous changes has come to the fore. Accordingly, the second aim of the chapter is to offer solutions toward the short, medium, and long terms of the first-mile, production, and last-mile processes as enhancing the responsiveness of supply chains by the elements of supply chain resilience. This study is prepared as a review article in an exploratory approach through the supply chain literature and current practical examples. As a result of the study, digital-intensive business models, collaborative network design, and sustainability are highlighted as the main concepts to reach more resilient networks.