I would suggest wood battens,
or get some 3" ot 4" roll flashing, or have a someone with a tin slitter, slit some 2 or 3 inch wide strips, and put them over the slits in the wood, with short screws msot like I would suggest the hex headed sheet metal screws, one could caulk on the lumber before attaching the tin strips, (I would put these strips on the inside).
the other is to re-side the building and consider the current wall is sheeting, instead of siding
if one wants to stop the air infiltration, I would suggest cellous insulation, fiberglass will just let the wind blow through it, where the cellous is dense enough to stop the air movement,
had much the same problem in my barn, I insulated it with fiberglass, and sheeted it with strand board on the inside, I could not keep the room warm, so (I had used screws), and took the strand board off and removed the fiberglass, and blew in the cellous and then I could keep the room warm, later I was able to re sheet the ship lap with tin, and that helped as well,