To prepare for supply-chain shocks, focus on systems of disruption

(John Coyne – ASPI The Strategist) Supply chains built for efficiency are colliding with a world defined by disruption. In this context, Australia now faces a structural challenge in securing critical inputs such as fuel and fertiliser. Government, industry and consumers need to reset expectations, share the cost of resilience and act now to reduce exposure. Covid-19 exposed the limits of globally optimised supply chains. The Iran conflict has reinforced the lesson under more complex conditions. Shocks no longer arrive sequentially; they emerge as continuous, concurrent and cascading pressures. Fuel disruptions, for example, are driving fertiliser costs, which in turn shape agricultural output and food prices. – To prepare for supply-chain shocks, focus on systems of disruption | The Strategist