# The hidden costs of resilience: Financing the new supply chain reality

Page: https://stenobird.com/podcast/making-sense-491900/the-hidden-costs-of-resilience-financing-the-new-supply-chain-reality
Text version: https://stenobird.com/podcast/making-sense-491900/the-hidden-costs-of-resilience-financing-the-new-supply-chain-reality.md
Podcast: [Making Sense](https://stenobird.com/podcast/making-sense-491900)
Published: 2026-05-12T06:00:00+00:00
Episode link: https://marketmatters.podbean.com/e/the-hidden-costs-of-resilience-financing-the-new-supply-chain-reality/
Audio file: https://mcdn.podbean.com/mf/web/zg8gmeyep5fj8vj3/MS_Trade_and_Working_Capital_FINAL84hvq.mp3
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JSON: https://stenobird.com/v1/public/podcasts/making-sense-491900/episodes/the-hidden-costs-of-resilience-financing-the-new-supply-chain-reality
Duration seconds: 1650

## Resource

In this episode, Dominic Drew from the Trade and Working Capital team is joined by Natasha Condon, global head of Sales for Trade and Working Capital, and Kyle Hutzler from the JPMorganChase Center for Geopolitics to discuss the fundamental repricing of supply chains. The discussion delves into how geopolitics, tariffs, and overlapping disruptions are prompting companies to carry higher inventory levels, build liquidity buffers, and reassess the allocation of resilience costs across complex ecosystems. The conversation highlights why these changes are structural rather than cyclical, identifies emerging pressure points, and examines how capital allocation and financing strategies are adapting to support more resilient supply chains This episode was recorded on April 20, 2026. ©2026 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase Bank, N.A. Member FDIC. Deposits held in non-U.S. branches are not FDIC insured. Non-deposit products are not FDIC insured. The statements herein are confidential and proprietary and not intended to be legally binding. Visit jpmorgan.com/payments disclosure for further disclosures and disclaimers related to this content. This video-podcast/guide is confidential and proprietary to J.P. Morgan and is provided for your general information only. It is subject to change without notice and is not intended to be legally binding. Any services described in this video-podcast/guide are subject to applicable laws and regulations and service terms. Not all products and services are available in all locations. Eligibility for particular products and services will be determined by JPMorgan Chase Bank, N.A. or its affiliates. J.P. Morgan makes no representations as to the legal, regulatory, tax or accounting implications of the matters referred t…

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