The importance of supply chain resilience to national security and export controls – The Chartered Institute of Export & International Trade

The importance of supply chain resilience to national security and export controls  The Chartered Institute of Export & International Trade

Daniela Turiccki, the Chartered Institute of Export & International Trade’s director of defence and export controls, shares her thoughts on the findings of three revent export controls and supply chain resilience events she attended. Daniela Turiccki, the Chartered Institute of Export & International Trade’s director of defence and export controls, recently represented the Chartered Institute at three conferences focused on supply chain and export controls. She shares her thoughts on what their findings mean for UK supply chain resilience. Resilience has become a critical watchword for businesses and cannot be separated from policies of supply chain security, export controls and responsible trading. This was the unifying message that echoed across these three conferences.

The importance of a resilient and robust shipping strategy was highlighted at the London Metals Exchange Seminar, which took a broad approach to macroeconomic trends and issues facing the metals industry, including sustainability and supply chains. Successful businesses have always needed to understand their suppliers to get the best from those relationships. But the necessary level of knowledge and cooperation between partners is increasing in line with the growing number of disruptive threats to supply chains. Ongoing disruption in the Strait of Hormuz is a grim illustration of the wider vulnerabilities inherent to global trade. Even temporary interruptions to major transit routes like the 2021 blockage of