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Complexity and Coordination: Managing Supply Chain Risks in Global Value Chains
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Author(s): Rismawati Rismawati (Universitas Muhammadiyah Palopo, Indonesia), Suaedi Suaedi (Universitas Cokroaminoto Palopo, Indonesia), Supriadi Supriadi (Universitas Cokroaminoto Palopo, Indonesia), St. Salmah Sharon (Sekolah Tinggi Ilmu Ekonomi Ciputra Makassar, Indonesia)and Abdul Haris (Universitas Medan Area, Indonesia)
Copyright: 2026
Pages: 36
Source title:
Industrial Policy, Innovation, and Complexity: Comparative Analysis, Trends, and Prospects
Source Author(s)/Editor(s): Manolis D. Tzouvelekas (Aristotle University of Thessaloniki, Greece), Grigorios Zarotiadis (Aristotle University of Thessaloniki, Greece)and Nikolaos Varsakelis (Aristotle University of Thessaloniki, Greece)
DOI: 10.4018/979-8-3373-1767-0.ch003
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Abstract
Global supply chains are increasingly intricate due to globalization, technological progress, geopolitical conflicts, and environmental unpredictability. Effectively managing risks in Global Value Chains (GVCs) necessitates a proactive strategy that incorporates resilience, digital transformation, collaboration, and sustainability. This book examines critical supply chain risks, encompassing geopolitical, economic, operational, environmental, and technological disruptions, and offers strategic solutions like blockchain for transparency, AI-enhanced decision-making, and circular economy frameworks. Case studies of significant disruptions, such as the COVID-19 pandemic and trade disputes, underscore valuable lessons for supply chain executives. Future trends, like smart contracts and decentralized supply networks, are also analyzed. Implementing sophisticated risk management solutions enables firms to improve supply chain agility, reduce uncertainties, and bolster long-term competitiveness in a dynamic global market.
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