CARGOCONNECT-OCTOBER2024 - Flipbook - Page 74
DURABLESCONNECT 2024 explores
bold supply chain innovations to navigate
emerging market dynamics
D
UR ABLESCONNECT
2024, hosted at the Pride
Plaza Hotel Aerocity,
New Delhi, convened
industry leaders and experts to
tackle the pressing challenges
and transformative opportunities
within the consumer durables
supply chain. The event focussed
on strategies for resilience and
adaptation in a rapidly changing
landscape marked by disruption
and variability.
Discussions highlighted the
urgent need for supply chain
stakeholders to transcend,
emphasising the importance of
leveraging big data, ensuring
end-to-end visibility, and adopting agile planning. Participants
explored how macroeconomic
factors, ongoing geopolitical tensions, supply chain disruptions,
regulatory changes, and Environmental, Social, and Governance
(ESG) mandates significantly
impact today’s supply chains.
To navigate these challenges,
experts advocated for pursuing
shorter-range suppliers and
74 | CARGOCONNECT OCTOBER 2024
forming relevant partnerships
to create a more secure network.
Conversations also underscored
the need for supply chain leaders to adapt to future obstacles,
including climate change concerns, increasing regulatory
demands, and the imperative
for digital transformation.
Central to the discussions
was the vital role of ESG commitments in supply chains. The
need for investment in advanced
robotics and automation was
also highlighted as essential for
enhancing operational e昀케ciency
and minimising risks. As automation plays a greater role, the
event addressed the evolving
dynamics of the supply chain
workforce, prompting discussions
about new skills and training to
maximise the potential of human
resources within supply chains.
The conference also explored
emerging trends expected to
shape the industry over the next
three to 昀椀ve years, such as the rise
of distributed ledger technologies
like Blockchain.
