International Scientific Journal of Engineering and Management

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ISSN: 2583-6129

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A STUDY ON RISKS AND THEIR MITIGATION IN SUPPLY CHAIN PROCESS WITH SPECIAL REFERENCE TO JSW ISPAT SPECIAL PRODUCTS LIMITED

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A STUDY ON RISKS AND THEIR MITIGATION IN SUPPLY CHAIN PROCESS WITH SPECIAL REFERENCE TO JSW ISPAT SPECIAL PRODUCTS LIMITED

 

Ananya Shrivastava                                                 Dr. Sumita Dave

            (Student)                                                               (Dy. Pro Vice Chancellor)

      Amity University, Raipur, (C.G)                                        Amity University, Raipur, (C.G)

ABSTRACT

This project report examines the various risks inherent in the supply chain of JSW Ispat Special Products Limited and outlines the strategies used to mitigate these risks. The purpose of the research is to find out, through in-depth analysis, how these supply chain risks affect the efficiency of the facility's operations and overall efficiency. The report is comprehensive and includes the results of extensive literature reviews, primary research and detailed data analyses. The main risks identified are supply disruptions, logistical challenges, market instability and regulatory changes. Mitigation strategies such as multifaceted sourcing, improved inventory management, robust logistics planning and compliance frameworks are discussed in detail. The results of this study not only highlight critical supply chain vulnerabilities, but also provide practical insights and recommendations to improve resilience and efficiency. Ultimately, this study contributes to a deeper understanding of supply chain dynamics and provides practical solutions to optimize supply chain processes at JSW Ispat Special Products Limited.

Keywords: Supply chain, risk mitigation, JSW Ispat, Supply disruptions, Logistics challenges


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