The COVID-19 pandemic has a huge impact on companies with whiplash effects on many supply chains. Companies with online retailer channels or those managing their own eCommerce channels are facing challenging supply chain issues. These challenges continue to evolve.
It started with supply shocks especially for those goods/materials sourced from China with dramatic changes in demand as well, as companies tried to react to the demand and supply fluctuations. As the COVID-19 situation progresses, the demand seemed to be normalising with predictions of negative economic outlook.
However, consumer outlook remains volatile. Will demand return to a normal? Will another announcement of lockdown trigger panic-buying? Will there be continued restrictions on movements?
This is leading to new drivers and opportunities for supply chains. Corporates are proving their resilience by trying to be agile and adaptive. Some are cautiously shifting their emphasis and recalibrating away from efficiency/ just-in-time and considering how to build in latent “flex” capacity and address long-tail events.
With the challenges far from over, let’s look at new drivers and opportunities in this COVID-19 period, and imagine a post COVID-19 world. How are supply chains of tomorrow adjusted and refined? Let’s look into what has been observed, examine how corporates build resiliency for their eCommerce business, and rebound stronger – through an adaptive reconfiguration of their supply chain, and use of financial access and digital processes.
9.30 Welcome remarks by Nele Cornelis, Executive Director of EuroCham
9.35 Opening remarks by Prateek Jain, Chair of the Supply Chain Committee
- Stanley Tan, DBS
- Andrew Staples, The Economist Corporate Network
10.15 Q&A – moderated by Prateek Jain
10.45 Closing remarks
Mr Stanley TAN
Group Head, MNC Sales, Global Transaction Services at DBS Bank
Stanley Tan covers cash management and trade solutions for MNC clients in the US, UK and EU.
Prior to joining DBS, he was a management consultant with McKinsey & Company based out of the New York and Seattle offices. While at McKinsey, he was a core member of the Corporate Finance, Private Equity and Financial Institutions practices and has served corporate clients in North America and Asia Pacific on matters pertaining to Strategy, Finance, Risk and Operations.
He graduated Magna cum Laude from Columbia University with a BA in Economics and Anthropology and has passed Level III of the CFA Program.
Dr Andrew STAPLES
Global Editorial Director
The Economist Corporate Network
Andrew is the global editorial director of The Economist Corporate Network (ECN), the Economist Group’s briefing and advisory service for senior business leaders. He leads a team of editorial directors across Africa, the Middle East and Asia and drives ECN editorial strategy through the innovation of new services and products. In this role he provides cogent analysis of the political, economic and business environment in the region and beyond. He also chairs and moderates at Economist events, delivers custom briefings, facilitates executive workshops and regularly appears in the international media including the BBC, CNN, CNBC, and Channel NewsAsia.
Andrew has an MSc in East Asian Business and a PhD in International Political Economy from the University of Sheffield, U.K., and was a Japanese Ministry of Education (MEXT) research scholar at Hitotsubashi University in Tokyo (2001-2003).
Mr Prateek JAIN
Head of Nutrition (HFD) – International Markets at Unilever
Chair of the Supply Chain Committee
Prateek is an experienced Supply Chain Professional with over 23 years across various functions and geographies including Americas, Middle East & Africa, Europe and Asia Pacific. Before joining Unilever to head the Nutrition Business (HFD) for International Markets, he headed the Global Supply Chain for Nutrition, VMS and Digestive Health Category with GSK Consumer. Prateek is passionate about Lean Manufacturing and Six Sigma and has been the Master Trainer for GSK who has trained and certified several Black Belts and Master Black Belts.
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