Diversified supply chain pays dividends in dark times

30 July 2020

Australian companies are racing to reconfigure their supply chains after the coronavirus health crisis exposed the fragility of global trade routes, but those which have avoided the impact say the secret goes deeper than suppliers.

Highlighting the plight of Australia’s tertiary education sector, University of Queensland business sustainability expert Dr Cle-Anne Gabriel said the crisis had forced companies to re-evaluate their business models.

“We need to think about business decision making and long- term decision making,” she said to The Australian.

HSBC survey data highlights that businesses in Australia are slightly ahead of the global average when implementing changes to their supply chains.

Read more

Dr Cle-Anne Gabriel conducts sustainability research with the Business Sustainability Initiative. Learn more.