Locals are all too familiar with the impact of global events on our community.

The Covid pandemic highlighted New Zealand's reliance on international trade, particularly maritime routes.

Our economy depends heavily on the smooth operation of these supply chains.

A recent University of Auckland study analysed 287 supply chain studies, revealing tensions between efficiency and sustainability.

Researchers identified traditional strategies employed by businesses, including diversifying suppliers and investing in technology.

However, the study suggests embracing circular economy principles can enhance resilience.

This involves minimising waste, regenerating natural systems, and fostering regional partnerships.

Co-author, associate professor Julia Fehrer, University of Auckland Business School.

Experts recommend investing in advanced technologies like blockchain and AI.

They also emphasise collaboration between businesses, policymakers, and communities.

"By integrating circular economy principles, using advanced technologies, and fostering regional collaboration, New Zealand can build supply chains prepared for future crises," said University of Auckland Professor Julia Fehrer.

The future of NZ supply chains hinges on resilience and sustainability.