“Staying on Top of the Rollercoaster in Global Shipping”

Panel Introduction

What was originally invented for people's amusement is not easy to ride in real business life. All stakeholders in the logistics industry face an ever-changing market environment. Without any pre-signs, various crises hit the production and trading industries with a tremendous negative impact on global supply chains. The logistics industry stakeholders must react quickly and find suitable customer solutions. You cannot predict Black Swan events, like the Financial Crisis in 2008, the Covid Crisis in 2019, and now the Energy Crisis in 2022 and 2023. These crises changed the world overnight and put the industry on a "Roller Coaster Ride." Staying on top of this Roller Coaster is the supply chain masterclass. In the best case, you can prepare for such events beforehand and make the right decisions to keep your company successful within this competitive environment. But what exactly makes companies more successful than others in such difficult times? Is it the global scope, better internal organization, better risk management, or the ability to react faster to changes?