In this episode of Supply Chain Chats, Lisa Anderson, President of LMA Consulting Group, sits down with international business attorney John Tulac to explore the real-world effects of the Russia-Ukraine war on global supply chains. From energy disruption and bulk agriculture to critical metals and minerals, they unpack how global trade is adapting. The conversation covers the risks of rebuilding Ukraine, the evolving geopolitical landscape and what businesses must consider to stay resilient in an uncertain environment.
Three years in, this conflict has fundamentally altered how businesses source, plan, and respond to global risk.
When the war first erupted, many companies faced immediate disruption — particularly in energy, agriculture, and metals. Some acted quickly to secure critical commodities like copper to stabilize operations. Since then, the landscape has evolved, but volatility remains.
Different sectors — particularly energy — continue to feel the ripple effects. Despite international sanctions, Russia remains a dominant oil and gas producer, often selling below market prices to countries like India and China. As John points out, Russia flares more gas and spills more oil than many nations even produce, underscoring the scale of their energy output and the challenge of enforcing effective sanctions.
This conversation goes beyond surface-level geopolitics. We examine the lessons learned from initial supply chain shocks, how global markets have adapted (often at higher costs), and what leaders must consider moving forward. Whether you’re managing risk, re-evaluating sourcing strategies, or preparing for continued uncertainty, this episode offers critical insights to stay ahead.
If you are interested in reading more on this topic:
Geopolitical Risks Spurring Supply Chain Changes and Upgrades