What does it actually mean to prepare for disasters?

The technologies of transportation and communication have expanded the world, facilitating not only travel and communication but also cross-border business. However, global crises like the current COVID-19 pandemic are drawing stark attention to the consequences of this connected world we live in.
Recently, a crisis in one country can potentially create conflicts in distant regions or markets. It seems that the challenges of truly global commerce and the importance of frictionless, freely flowing supply chains are beginning to be properly recognized.
While supply chains are now being pushed to their limits, thanks to remarkable technological advancements recently introduced in the supply chain space, both resilience and agility have improved.

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What does it really mean to be disaster ready?