The Impact of Geopolitical risks on Global Supply Chains

Abstract

In today's changing world, understanding the impact of geopolitical risks on global supply chains is key to ensuring their efficiency and sustainability. Geopolitical events of recent years in the form of international conflicts, political changes, European economic sanctions and even natural disasters have a significant impact on global transport networks, causing various challenges and obstacles. The purpose of the article is to analyze the impact of such geopolitical risks on global supply chains, identify the main problems faced by companies, and develop strategies to overcome them. The basis of the research was academic works, official reports of governmental and international organizations, as well as analytical publications from leading economic institutes. The article highlights the results of a complex study, which includes the analysis of academic sources, international reports, economic indicators, technological trends and regional features. It found that disruptions in supply chains due to geopolitical risks can have serious consequences, from increased costs and delivery delays to production shutdowns. The study points to the need to implement flexible and adaptive management strategies for intercontinental logistics systems that allow a quick response to changes in the geopolitical space. The key area of research is effective management of global supply chains in conditions of geopolitical uncertainty, which requires the integration of various approaches and technologies. The obtained results provide a valuable tool for strategic planning and decision-making in the field of transnational logistics restructuring, helping commercial companies to prepare and adapt to potential geopolitical changes.