Why Australian businesses can turn the global supply chain crunch into an opportunity
Despite the doom and gloom, the supply chain crunch is actually a godsend. Australian businesses are being forced to question the status quo and re-evaluate how they deal with international suppliers and clients.
Unlocking supply chain management
There have been some rapid shifts in the supply chain. From the comparative reliability of pre-2020, distribution and logistics has been marred by service bottlenecks, cancellations and skyrocketing freight costs, to name but a few issues. Despite the volatility, though, it’s not all doom and gloom.
A small business owner’s tips for tackling rising inflation
"You should strongly consider matching your team’s salaries with inflation every quarter, without the need for government or union intervention," writes small business owner Avi Efrat.
Despite pandemics and wars, your business still needs an international strategy. Here’s why
The movement of goods and people has slowed in the last two years, but global business isn’t going away — it’s evolving.
Will a post-COVID supply chain crisis ruin your Christmas?
Just as the world seems to be slowly recovering from the worst of COVID-19, business continuity and supply chains are emerging as major crisis risks.
“Multiple knock-on effects”: How Ecodownunder is dealing with the uncertainty of Greater Sydney’s lockdown
Ecodownunder owner Russell Lamb says for retailers and businesses that can’t sell their products or services online, the impacts of lockdowns are devastating.
A COVID ‘ring of steel’ around Sydney could spell disaster for Australia’s supply chains
Greater Sydney is Australia’s largest logistics hub and many of Australia’s distribution chains aren’t set up to operate without Sydney.
Pandemic-induced supply chain demands are causing a “real risk” of modern slavery
Human rights groups and researchers are warning that a combination of increased unemployment and new demand for labour means there is a real risk of increased worker exploitation and even slavery.
Global supply chains better for Australian economy than protectionist trade policies: ABARES
New research has found Australia will continue to benefit from international supply chains despite the risks posed by global economic shocks.
Suez Canal blockage: What does this mean for global trade?
Coming on top of the COVID-19 pandemic, this event has highlighted the fragility of global supply chains — and is likely to accelerate the changes in the world economy that were already under way.
Panic-buying events are an unavoidable new normal. Here’s how supply chains have adapted
The announcement of Western Australia's snap lockdown saw panic-buying emerge once again, but any induced shortages will be short-lived.
Livelihoods are at stake: Consumers need to shake up their rituals and start buying local
As the pandemic grinds on, it will continue to mess with supply chains, so it's no surprise consumers are increasingly buying local.
