Just under 9,000 kilometres separate the capitals of Berlin and Tokyo, but in many ways the distance between Germany and Japan is very small. Both countries are “value partners” that are actively developing their bilateral relations (“transformation partnership”). Due to their dependence on the uninterrupted functioning of global trade and supply chains, and in the context of Germany’s and Japan’s net zero commitments, both countries face similar transformation needs. In this Frankfurt Main Finance study, we present a three-step approach to managing global supply chain risks.