hal-05070516 Navigating Geopolitical Disruptions on Supply Chains : Lessons from the (…)

Geopolitical shocks can disrupt businesses on multiple fronts, such as sudden loss of buyers or suppliers, supply disruption, and demand fluctuations, wielding the power to profoundly undermine a firm’s ability to meet customer demands. The imperative to grasp the repercussions of geopolitical tumult and devise effective countermeasures has drawn the attention of scholars and business leaders alike. Key findings reveal that geopolitical tensions have transformed maritime routes, caused critical material shortages, and elevated operational costs, prompting industries to reassess supply chain strategies. These strategies enhance supply chain transparency and mitigate risks. This study investigates the Russian invasion of Ukraine’s extensive impact on European Union industries. It identifies disruptions to trade routes, rising energy and agricultural prices, and the vulnerabilities linked to EU dependence on Russian resources. The study enriches supply chain management literature by classifying challenges and proposing actionable strategies to enhance EU industries’ adaptability and resilience.