Supply Chain Risk Management as an Integrated Strategy for Ensuring Stability

Rasshyvalov D. Nurakhova B. Alboshchii O. Reikin V. Bocharova N.
Fall 2025 RITHA Publishing House

Journal of Applied Economic Sciences
2025 #20 Issue 3 613 - 636 pp.

This study systematically evaluated integrated risk management (IRM) approaches in global supply chains, examining risk categories, mitigation strategies, technological enablers, and framework gaps. Its aim was to provide a strategic understanding of IRM’s role in enhancing resilience and sustainability in volatile environments. Following PRISMA 2020 guidelines, a structured review of 79 peer-reviewed articles (2020–2025) was conducted across Scopus, WOS, JSTOR, and ScienceDirect. A dual-method approach combining thematic synthesis and quantitative descriptive analysis classified findings by risk type, industry focus, mitigation practices, and integration frameworks. The study found that operational risks were most frequently addressed, with increased attention to cyber and environmental risks. Integrated frameworks emphasizing redundancy, flexibility, real-time analytics, and governance networking are progressively replacing traditional siloed strategies. Technological tools such as AI, IoT, and blockchain have become central to proactive risk prediction and mitigation. In parallel, good governance networking (GGN) has been shown to significantly enhance logistics efficiency and trade responsiveness, reinforcing operational performance and service delivery. This review underscores a multi-level approach, combining technological, organizational, and governance enablers, as essential for resilient and sustainable supply chains in the post-COVID and digitally transformed landscape.

cybersecurity , digital supply chains , insurance , integrated management , mitigation , supply chain resilience

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Department of International Business, ES Institute of International Relations, Taras Shevchenko National University of Kyiv, Ukraine
Department of Logistics Management, National Academy of the National Guard of Ukraine, Kharkiv, Ukraine
Department of Marketing, Lesya Ukrainka Volyn National University, Lutsk, Ukraine
Department of Management, Faculty of Management and Business, Kharkiv National Automobile and Highway University, Ukraine
Narxoz University, Almaty, Kazakhstan

Department of International Business
Department of Logistics Management
Department of Marketing
Department of Management
Narxoz University

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