20.500.12556/DKUM-96949 Stress-testing Slovenian SME resilience Small and medium-sized enterprises (SMEs) play a central role in employment and regional economic development, yet they are highly vulnerable to shocks such as pandemics, energy price spikes, and supply chain disruptions. Scenario modelling, stress testing, and digital twins are used to assess resilience, yet most applications focus on large firms in single-country settings. This article develops a model to stress test the resilience of Slovenian SMEs, calibrated with parameters and mechanisms derived from South African SME resilience studies. A system dynamics model with stocks for cash, inventory, and productive capacity is specified and subjected to demand, supply, financial, and compound shock scenarios, with and without resilience measures such as liquidity buffers, customer and supplier diversification, and basic digital planning capabilities. Results indicate non-linear tipping points where small reductions in liquidity sharply increase the likelihood of distress, and show that combinations of liquidity, diversification, and collaborative supply chain practices reduce the depth and duration of output losses. The study demonstrates how evidence from an African context can inform resilience strategies in a small European economy and provides a transparent, portable modelling architecture that can be adapted to other settings. Implications are discussed for SME managers and for policies supporting sustainable, resilient enterprise ecosystems. SME resilience scenario modelling stress-testing system dynamics digital twins South Africa Slovenia supply chain risk sustainable enterprise ecosystems true false true Angleški jezik Angleški jezik Znanstveno delo 2026-02-05 12:39:59 2026-02-05 12:40:00 2026-02-06 03:21:53 0000-00-00 00:00:00 2026 0 0 str. 1-19 issue 2, spec. iss., [art. no.] 828 Vol. 18 2026 0000-00-00 Zaloznikova Objavljeno NiDoloceno 2025-11-27 2026-01-08 2026-01-12 338.2:502.131.1 267454979 10.3390/su18020828 2071-1050 https://www.mdpi.com/2071-1050/18/2/828 1 67c72784-0287-11f1-b31a-00155d00019a https://dk.um.si/Dokument.php?lang=slv&id=203076 RAZ_Logozar_Klavdij_2026.pdf RAZ_Logozar_Klavdij_2026.pdf 1 44AE7AE72DFE99D4622552568D691B54 7768aecf67a5dac63d114815ee39967ab0d32860b891bfc59261499bc5db0804 38d8df73-0288-11f1-b31a-00155d00019a https://dk.um.si/Dokument.php?lang=slv&id=203078 Ekonomsko-poslovna fakulteta 0 0 0