Companies need to fortify supply chains for "a flock of black swan" events, says Toll Group executive chairman Thomas Knudsen | Fortune

Knudsen said the pre-2020 playbook—waiting for a crisis and then calling banks and logistics providers for help—is no longer sufficient as risks compound. The comments put supply-chain strategy at the center of corporate planning, with implications for how firms budget for contingency capacity and diversify suppliers. Watch for whether companies shift spending from just-in-time efficiency toward redundancy and whether logistics providers are asked to guarantee capacity ahead of disruptions.