Risk and Crisis Management Strategies in the Logistics Sector: Theoretical Approaches and Practical Models
The logistics sector plays a critical role in global trade but faces significant risks due to geopolitical instability, economic downturns, and environmental disruptions. This study investigates risk and crisis management strategies within the logistics industry by integrating qualitative expert int...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2025-06-01
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| Series: | Future Transportation |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2673-7590/5/2/74 |
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| Summary: | The logistics sector plays a critical role in global trade but faces significant risks due to geopolitical instability, economic downturns, and environmental disruptions. This study investigates risk and crisis management strategies within the logistics industry by integrating qualitative expert interviews with quantitative analysis using the Analytic Hierarchy Process (AHP). It identifies key risks, such as supply chain disruptions, fluctuating market conditions, and infrastructure challenges, and assesses the most effective mitigation strategies. Findings indicate that diversifying transport routes and implementing business continuity planning are the most critical strategies, while technological advancements, including artificial intelligence and predictive analytics, significantly enhance resilience. Collaboration among logistics companies, suppliers, and policymakers is essential for effective crisis management. The AHP analysis ranks crisis management strategies, providing a practical framework for logistics firms to improve risk preparedness. This study contributes to the field by offering actionable recommendations to enhance crisis response and long-term sustainability. The results underscore the necessity of adaptive and proactive risk management approaches in an increasingly volatile global logistics landscape. |
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| ISSN: | 2673-7590 |