-
- Global
- Algeria, Djazair
- Angola
- Argentina
- Australia
- Belgium
- Brazil
- Chile
- China
- Cyprus
- Dominicana
- Ecuador
- Egypt
- EU Intermodal
- Germany
- Hong Kong
- Hungary
- India
- Indonesia
- Malaysia
- Mozambique
- Netherlands
- New Zealand
- Pakistan
- Peru
- Philippines
- Poland
- Romania
- Rwanda
- Saudi Arabia
- Senegal
- Serbia
- Singapore
- Somaliland
- South Korea
- Spain
- Suriname
- Thailand
- Turkiye
- United Arab Emirates
- Ukraine
- United Kingdom
- Vietnam
-
Menu
-
SOLUTIONS
Related content
Data Fills The Gaps In Modern Supply Chains
Global supply chains are no strangers to disruption, whether caused by trade disputes, geopolitics or the unpredictable forces of climate change. Amidst these challenges, an often-overlooked vulnerability lies in supply chain data gaps.
Read moreRail Networks Transform Supply Chains
Rail freight has the potential to revolutionise supply chains in both developed and developing nations, providing a key role in promoting sustainability and economic growth.
Read more -
INDUSTRIES
Related content
Making Healthcare Equity Reality
Healthy societies transform economies, yet the pandemics of the past few years have demonstrated that healthcare logistics is a complex beast and unique to that of any other sector.
Read moreThe Future Of EVs Is In Our Supply Chains
Electric vehicles (EVs) are proving to be the most popular replacement for fossil fuel cars. So much so that by 2030 electric vehicles will represent over 60% of vehicles sold globally.
Read more -
INSIGHTS
Related content
Our Stories
We connect people, markets and nations to change what's possible for everyone.
Read More -
SUSTAINABILITY
Related content
Changing the perception of water
Water is crucial for life on Earth and vital for our well-being. Businesses, including ours, can play a significant role in changing how water is used.
Read moreClimate proofing the supply chain
We examine three climate scenarios, assessing the potential impact of weather hazards across 50 ports and terminals in our global portfolio.
Read more
- SOLUTIONS nav
- INDUSTRIES nav
- INSIGHTS nav
- SUSTAINABILITY nav
Supply Chain Resiliency in 2021
The past year has shown that meeting supply chain needs during a sustained period of disruption is the true mark of quality.
The disruption of last year was unprecedented, which has made it more important than ever for beneficial cargo owners to build greater resilience into their logistical plans. Resilience is spoken about often in logistics – and for good reason.
A resilient supply chain can help companies to avert significant financial losses. Resilience means ensuring a supply chain is protected against unforeseen risk, allowing for disruption to be overcome and successful deliveries to be completed.
The challenges of 2020 brought this issue into sharp focus, which is why, according to the Association for Supply Chain Management, resilience has been identified as a top priority for supply chain executives this year.
As an established leader in the logistics industry, DP World has seen, first-hand, the damage and disruption caused in 2020. The Covid-19 pandemic exposed how vulnerable many supply chain networks were, and while stakeholders will not expect supply chain executives to perfectly forecast against the future, they will expect a greater resilience. The time to respond is now.
Making a change
A resilient supply chain allows managers to react and quickly recover from disruption when it happens. Having a reliable and quickly actionable contingency plan can strengthen customer service, retain market share, and potentially improve financial performance. Logistics depend on relationships that prove their worth during times of uncertainty and transition. This is why DP World is committed to creating long-term partnerships that help to solve cargo movement challenges, deliver consistency, and drive value and growth.
Building this kind of resilience into a supply chain is now a critical part of logistical oversight. Supply chains have become increasingly complex and global in nature. This interconnectedness means supply chains may be exposed to risks that are not fully apparent from the outset. This only heightens the need for greater resilience to be maintained throughout such arrangements.
Over the long term, creating resilient supply chains is integral to economic recovery and the ability to cope with inevitable black swan events. This will involve reconfiguring supply chains and ensuring networks are robust in way that they were not at the beginning of 2020. Considerable resource and expense will be critical. Taking this into account, the global logistics community has already started taking clear and decisive action. According to the Trade in Transition report commissioned by DP World, 83% of senior supply chain executives said they were actively reconfiguring their supply chain arrangements in direct response to the pandemic.
Supply chain resilience goes beyond risk prevention. Resilience allows all companies involved to minimise financial losses from disruption and ultimately outperform competitors. It is inevitable that some failures will occur, but those with strong contingency planning will stand the best chance of success and this will not go unnoticed by customers.
At DP World, we understand it is impossible to predict and prevent against all risks. The Covid-19 pandemic is a global and unprecedented historic event, but risks can come from numerous other sources, such as geopolitical instability, adverse weather, natural disaster, trade disputes and mechanical failure. Achieving 100% protection from such events is impossible but being able to absorb such shocks and respond effectively is the real measure of effective supply chain management.
The coronavirus pandemic has brought the importance of robustness and resilience to the forefront of the logistics industry. Successfully managing a supply chain and meeting targets during a period of disruption will emerge as a true measure of quality, and one that particularly matters in 2021.
At DP World, we have the resources to build capacity and support growth. By continually investing in talent and technology, we understand the future of global trade and work tirelessly to enable the smooth flow of goods, resources, and people around the planet.
***This is the first in a series of articles exploring this topic. In this series, we will examine what is required to ensure supply chains remain resilient in the “new age” of logistics. This will include the importance of finding talent early, elevating flexible shipping and fulfilment options, using digital tools to predict disruption, and the ever-growing importance of cyber security.
Related articles
Preparing for Black Friday
To accommodate an acceleration in existing online behaviour, businesses should be prepared to spot trends and strengthen supply chains early.
Read MoreServing urban customers better through micro-fulfilment
Robust micro-fulfilment strategies are central to tackling ever-evolving trends in consumer behaviour in our cities.
Read MoreFree returns, at what cost?
If you want to win in the e-commerce game, you must run an efficient supply chain that works both ways
Read MoreWe use cookies on this site to enhance your user experience. By continuing to visit this site you agree to our use of cookies. Learn More