Dealing with Supply Chain and Logistics Risk Insomnia

Priyanka Gowrishankar, the Logistics Manager at JBF RAK LLC, epitomizes excellence with over 12 years of multifaceted experience across supply chain functions. Her expertise extends to managing freight procurement worth USD 40 million annually, showcasing unparalleled proficiency in handling diverse logistical challenges. Priyanka’s outstanding leadership and attention to detail make her a standout figure in the logistics industry. She is all set to share her views on Dealing with Supply Chain and Logistics Risk Insomnia at Container Shipping Conference 2024.

Priyanka Gowrishankar will tackle the issue of Insomnia among supply chain professionals, highlighting its impact on efficiency. She will discuss proactive measures to mitigate risks like geopolitical conflicts and pandemics. Emphasizing the importance of understanding demand planning, she will advocate for collaborative approaches like CPFR. Gowrishankar will also stress the significance of sustainable procurement and the integration of digital solutions to enhance efficiency. Finally, she will underscore the role of digital technologies in optimizing warehousing and delivery processes.

Supply chain professionals are increasingly facing a challenge known as Insomnia, which negatively impacts efficiency and resilience. Addressing this issue is crucial, considering the various risks involved: geopolitical conflicts, currency fluctuations, port congestions/strikes, pandemics, shifting consumer demands, fuel price changes, and environmental regulations
Understanding the demand plan is the initial step in mitigating supply chain risks. Collaborative Planning Forecasting and Replenishment (CPFR) is a shared ecosystem approach to planning that enhances visibility and speeds up decision-making, making supply chains more resilient.
The second step involves sustainable procurement that considers the economy, society, and environment. Digital procurement, like E-auctions, can enhance efficiency and secure favorable prices. Diversifying suppliers and clear spend management are strategies to manage delays and raw material shortages
The final phase of assembly, warehousing, and delivery requires digital solutions such as warehouse management systems, real-time inventory management, and track-and-trace software. A logistics control tower provides real-time dashboard reporting, monitors KPIs, and tracks carrier performance and in-transit status.

For more on this conference or session access, reach out to us at info@ptnevents.com with your inquiries.

This platform will include entire container, transportation and logistics industry together along with 3PLs, Freight Forwarders, Shippers, Carriers, Govt. Officials, Port Officials, Transportation & Logistics providers, and many more to discuss the latest developments and best practices in the industry.

The aim of this event will be to bring the global container shipping professionals together to understand and discuss the global market issues and technical challenges.

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