Resilience
The ability to adapt and evolve as the global market is evolving, to respond to short-term shocks – be they natural disasters or significant changes in market dynamics – and to shape Australia’s supply chains to respond to long-term challenges.
By addressing infrastructure gaps and ensuring improved productivity, competitiveness, safety, security, and sustainability in operations, we bolster the resilience of our supply chains.
Frequent failures in critical freight transport and logistics infrastructure, exacerbated by rising climate events and geopolitical disruptions, underscore the urgent need to enhance Australia’s supply chain resilience.
These strategies collectively enhance supply chain resilience, ensuring adaptability, efficiency, and the ability to navigate disruptions and shocks.
Freight transport & infrastructure
- Assess and prioritise funding to mitigate supply chain resilience risks and address points of failure
- Develop a framework for industry validation of network mapping and critical infrastructure identification
- Enable modal shift
- Build capacity to handle fluctuations in demand
Awareness & systems thinking
- Introduce regulatory flexibility tied to performance outcomes
- Collaborate with partners to build a regulatory environment that is fit for purpose to support efficient freight operations
- Improve communication and decision-making processes
- Foster collaborative networks between government entities and industry stakeholders
Proactive measures for system hhocks
- Go beyond reactive responses to natural disasters or geopolitical disruptions
- Enhance supply chain resilience through adopting technologies
- Ensure the supply chain's capability to withstand and recover from various system shocks, including abnormal conditions