Supply Chain Resilience in the Post-Pandemic Era: Strategies for SME Survival and Growth

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@article{1706594,
      author = {Olufunmilayo Ogunwole, Ekene Cynthia Onukwulu, Micah Oghale Joel, Godwin Ozoemenam Achumie, Ngodoo Joy Sam-Bulya},
      title = {Supply Chain Resilience in the Post-Pandemic Era: Strategies for SME Survival and Growth},
      journal = {Iconic Research And Engineering Journals},
      year = {2024},
      volume = {8},
      number = {5},
      pages = {1273-1281},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1706594.pdf},
      abstract = {The COVID-19 pandemic profoundly disrupted global supply chains, disproportionately affecting Small and Medium-sized Enterprises (SMEs) due to resource shortages, demand fluctuations, and logistical challenges. This paper explores strategies for enhancing SME supply chain resilience in the post-pandemic era, focusing on both immediate and long-term approaches. Short-term strategies, such as contingency planning, inventory management, and supplier diversification, are critical for addressing immediate vulnerabilities. Long-term measures, including technological investments, fostering strategic partnerships, and building agility, are essential for sustained growth and competitiveness. The role of digital transformation, government policies, financial support, and industry collaborations is also examined, emphasizing their significance in enabling SMEs to thrive in an uncertain and dynamic environment. By integrating these strategies, SMEs can effectively navigate future disruptions, ensure operational continuity, and unlock growth opportunities.},
      keywords = {Supply Chain Resilience, SMEs, Post-Pandemic Recovery, Digital Transformation, Risk Management, Strategic Partnerships},
      month = {November},
  }