Presented by: Sandip Agarwal Supply Chain Professional · 2020. 12. 21. · 11 Nov 2020 Global...
Transcript of Presented by: Sandip Agarwal Supply Chain Professional · 2020. 12. 21. · 11 Nov 2020 Global...
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11 Nov 2020 Global Supply Chain and Logistics Summit www.sclgsummit.org
Supply Chain Risks
Reasons, Resilience & Challenges ahead
Presented by:
Sandip AgarwalSupply Chain Professional
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11 Nov 2020 Global Supply Chain and Logistics Summit www.sclgsummit.org
Supply Chain Risks
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11 Nov 2020 Global Supply Chain and Logistics Summit www.sclgsummit.org
SC Risk
Supply Chain –Risks
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11 Nov 2020 Global Supply Chain and Logistics Summit www.sclgsummit.org
• Supply Chain Risk-Cause/Effect
Top Major Causes
• Over Reliance on Single country Suppliers.
• Global pandemics
• Global Trade wars
• Natural Disasters
• Geo Political Changes
• Effects
• Full dependency on deliveries ,weak Price negotiations.
• Suppressed Intl Production & Ltd Logistic Capacity.
• Supplies Disruption, Loss of sales
• Loss of sales, Loss of Brand
• Supplies Disrupt, Increased costs
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11 Nov 2020 Global Supply Chain and Logistics Summit www.sclgsummit.org
Supply Chain Risks
Supply Chain Resilience
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11 Nov 2020 Global Supply Chain and Logistics Summit www.sclgsummit.org
Actions to Mitigate Risks
• Create Transparency
• Evaluate Risks by Probability and Impact.
• Assess realistic final customer demand.
• Optimize Production & distribution capacity.
• Diversify Suppliers
• Secure Logistics Capacity.
• Review Periodically.
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11 Nov 2020 Global Supply Chain and Logistics Summit www.sclgsummit.org
SC Risks- Impact on Global Freight
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11 Nov 2020 Global Supply Chain and Logistics Summit www.sclgsummit.org
Emerging Trends
• Challenges Ahead
• Globalization to Regionalization
• Multi Level Sourcing
• Automation but with a Human Touch.
• Back up plans. Are we ready for future SC disruptions ?
• Need for Adaptive Supply Chain
• Resilience
• Full Impact of Covid on Supply Chain is still unknown.
• Supply Chain Digitization
• Internet of things
• Artificial Intelligence
• Omni channel SC
• Agile Supply Chain
• Data Analytics
• Robotics/Automation
• Block Chain
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11 Nov 2020 Global Supply Chain and Logistics Summit www.sclgsummit.org
Thanks