The OECD toolkit for resilient supply chains provides policy makers with tools to navigate decision-making processes relevant to aspects of building supply chain resilience. While policy makers do not play a direct role in managing supply chains, they can support the private sector's efforts by creating a stable, transparent and predictable framework for business to operate in.
Resilient supply chains
Global supply chains are under stress. Geopolitical tensions, natural disasters, sanitary restrictions, regulatory uncertainty and economic fluctuations are disrupting the trade policy landscape and compelling governments and firms to identify actions that support and enhance supply chain resilience without resorting to beggar-thy-neighbour measures. The fundamental challenge is to ensure economic security and prosperity while preserving the benefits of open markets and a rules-based international trading system.
Governments are increasingly expected to play a significant role in ensuring the resilience of critical supply chains. Co-ordination with the private sector will be key to achieve this.
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The OECD monitors trade interdependencies to maintain competitive markets for critical supply chains, in particular those required for the green transition, through work led by the Trade Committee.
National governments provide a regulatory framework in which businesses operate. If done well, this can be conducive to private sector efforts to build resilience. Closer co-operation with the public sector and efficient information exchanges can enable firms to better protect themselves against severe disruptions. The private sector can share valuable data and insights into the functioning of supply chains which in turn will help governments and other stakeholders to shape national and international policies that respond to shocks. The OECD's Forum for Critical Supply Chains brings public and private sector stakeholders together to work towards resilience.
