The Weakest Link - The Supply Chain
The ILCC held a virtual on-line event on the global supply chain and the challenges Covid-19 has posed to both industry and consumer.
We have become accustomed to all sorts of exotic goods and foods. From the new car and the latest smart phone to having fresh fruit all year round. Ever wonder how this all happens? Ever wonder that it happens at, when we think about it, a reasonable price?
Making all those parts in the locations that deliver the best price and quality, bringing them all together to give the wide screen TV is complicated. Making sure that each and every week fresh fruit and vegetables are on our super market shelves takes a high level of organisation with many different actors involved.
Covid-19 and, to a lesser extent Brexit, have brought the complicated supply chains that deliver these goods to us under threat. How vulnerable are these lines of supply? Will things change in the future? Are there lessons in the current emergency that industries, supermarket chains and governments need to learn for the future? Has this pandemic taught us that some items are essential and strategic? Are these at the end of a supply chain that is vulnerable because it spans continents?
Join the Ireland Luxembourg Chamber of Commerce in a virtual on-line event and hear from those directly involved in supply chains, from those who have studied how they operate and what they contribute to our modern way of life and hear a defence perspective on what are strategic supplies.
Tom Murphy: President Kerry Luxembourg with extensive experience of the demand and supply of major food ingredients.
Richard Meads: Econometrician, Rapporteur of the European Risk Forum and author of numerous papers on the impact of regulation on business and society.
George Buckingham: Principal Development Officer at NATO Support and Procurement Agency (NSPA), who has worked to create infrastructure and plan logistics in developing and war-torn countries.
18.00 Log-in with Registration Code
18.05 Welcome/logistics explanation by Joe Huggard, ILCC Chairman
18.10 Presentations by speakers
18.50 Panel discussion and Questions and Answers
Prior registration is necessary at firstname.lastname@example.org. You will receive log-in details and instruction on how to submit a question.
The Ireland Luxembourg Chamber of Commerce held a virtual, online event ''The Weakest Link – the Supply Chain'' on Tuesday 12th May.
Three guest speakers shared their expert knowledge on the global supply chain and the challenges Covid-19 has posed to both industry and consumer.
Our first speaker, Richard Meads, an econometrician, discussed the development of the global value chain and how it is currently affected by Covid-inspired changes in consumer habits. He highlighted that the impacts were both on the demand and supply side. He also suggested that supply disruption could see a possible return to regional and domestic production with greater debate over ''make or buy'' options.
These insights regarding supplier and consumer disruption were also echoed by our next speaker, Tom Murphy, President Kerry Luxembourg, who described that how changes in consumer preferences could affect farm production as well as the future of restaurants and supermarkets.
Our last speaker, George Buckingham from the NATO Support and Procurement Agency, outlined a different angle with a discussion about the impact of the pandemic on the defence industry supply chain with some thoughts about lessons and possible future trends. He also mentioned the concept of critical supplies and how sourcing was almost exclusively from NATO member countries.
A more detailed report of our event can be found in following the link:
The chamber would like to thank the guest speakers and the attendees who listened in to our first virtual, online event.