IMPACT OF GLOBAL CONFLICTS AND POWER DYNAMICS ON TRADE AND COMMODITIES

The paper "Impact of Global Conflicts and Power Dynamics on Trade and Commodities" examines the transformative effects of geopolitical tensions and global power shifts on international trade and commodity flows. It argues that longstanding supply chain models and traditional management practices are being upended by rapidly evolving global conditions — including conflicts such as the war in Ukraine and regional instabilities— - that are disrupting established trade routes and forcing industry to seek alternative sources of raw materials. The authors examine the evolution from Industry 4.0 to Industry 5.0, emphasizing the integration of digitalization, intelligent automation and improved human–machine collaboration to create more resilient and flexible production systems. The study highlights that the depletion of domestic resources in developed countries, combined with increasing reliance on distant supply chains, has increased vulnerability to geopolitical and economic shocks. In response, companies are urged to adopt flexible, digitally integrated management systems that enable realtime monitoring and adaptive decision-making. The paper proposes strategic measures such as the use of advanced logistics information systems, intelligent robotics, sustainable and circular economy practices, and modular organizational structures that can be reconfigured to mitigate risk. It also emphasizes the importance of investing in human capital and promoting global connectivity to ensure continuous and efficient flows of goods in the face of ongoing international challenges.

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Publication Details

Journal
SHILAP Revista de lepidopterología
Published
2025-05-01
Primary Topic
Supply Chain Resilience and Risk Management
Type
article
Field-Weighted Citation Impact
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article

IMPACT OF GLOBAL CONFLICTS AND POWER DYNAMICS ON TRADE AND COMMODITIES

Domagoj Rožac, Patricija Jankovič, Saso Murtic
SHILAP Revista de lepidopterología
Supply Chain Resilience and Risk Management
article

IMPACT OF GLOBAL CONFLICTS AND POWER DYNAMICS ON TRADE AND COMMODITIES

Domagoj Rožac, Patricija Jankovič, Saso Murtic
article en

Abstract

The paper "Impact of Global Conflicts and Power Dynamics on Trade and Commodities" examines the transformative effects of geopolitical tensions and global power shifts on international trade and commodity flows. It argues that longstanding supply chain models and traditional management practices are being upended by rapidly evolving global conditions — including conflicts such as the war in Ukraine and regional instabilities— - that are disrupting established trade routes and forcing industry to seek alternative sources of raw materials. The authors examine the evolution from Industry 4.0 to Industry 5.0, emphasizing the integration of digitalization, intelligent automation and improved human–machine collaboration to create more resilient and flexible production systems. The study highlights that the depletion of domestic resources in developed countries, combined with increasing reliance on distant supply chains, has increased vulnerability to geopolitical and economic shocks. In response, companies are urged to adopt flexible, digitally integrated management systems that enable realtime monitoring and adaptive decision-making. The paper proposes strategic measures such as the use of advanced logistics information systems, intelligent robotics, sustainable and circular economy practices, and modular organizational structures that can be reconfigured to mitigate risk. It also emphasizes the importance of investing in human capital and promoting global connectivity to ensure continuous and efficient flows of goods in the face of ongoing international challenges.

SHILAP Revista de lepidopterología
Industry, innovation and infrastructure
Openalex Percentile: Top 16%
Supply Chain Resilience and Risk Management
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