Abstract:
Supply chain logistics have always been affected by geopolitics. Still, during the past two years, they have assumed a
disproportionately large role that is expected to persist for the foreseeable future. Geopolitical risk will continue to be a significant
factor in supply chain decisions, despite the COVID-19 epidemic highlighting the dangers of just-in-time sourcing tactics and the
unavailability of alternate or dual sources in numerous supply chains. Internationally renowned organizations must think globally
while making every effort to work locally and follow cultural norms to reduce risk. Geopolitical events of any size may impact the
supply chain. Wars, revolutions, and significant political disputes are a few events with the most significant impact. Although they
may be hard to find, even negligible, local events that don't make national headlines might impact the supply chain. This research
aims to empirically analyse supply chain risk management strategies. A survey of 50 small and medium-sized businesses (SMEs)
was undertaken in Saudi Arabia as the basis for the analysis. The study analyses supply chain risks by assessing their likelihood to
occur and their possible impact on the supply chain following examining the susceptibility of supply chains in general and looking at
the primary causes of supply chain risks. The probability-impact matrix, which distinguishes between internal and outside supply
chain threats, displays the outcomes. The investigation of tools for managing supply chain hazards continues. As a result, the effect
of supply chain risk management on productivity is evaluated. Additionally, the results demonstrate that the group seeking
responsive supply chain risk management has superior values regarding adaptability or safety stocks. Still, the group pursuing
preventative supply chain risk management has greater average values regarding disruptions tolerance.
