Webinar: Impact of COVID-19 on Supply Chain and how to navigate the current outbreak.
Last Friday, the 28th of February 2020, EuroCham held its first webinar, covering the Impact of COVID-19 on supply chains and how to navigate the current outbreak. The webinar was hosted by Prateek Jain, David Ringrose and Andy Hewson from the EuroCham Supply Chain Committee, together with special guest Howie Lee.
Mr Prateek Jain moderated the webinar and he is the head of Supply Chain – Nutrition & Digestive Health Global at GSK, as well as the Chair of our Supply Chain Committee. In addition to moderating the discussions, Prateek also spoke about the EuroCham Supply Chain committee, the team, their activities and goals.
Mr Howie Lee is an Economist with OCBC, and he gave an insightful macroeconomic view of how Singapore has been affected by the current virus outbreak. He presented some of the OCBC Treasury’s latest research: “Potential Dark Clouds for the Singapore Economy”, with the issues arising for Singapore’s economy due to the COVID-19 outbreak and comparing them to the SARS outbreak to give us a deeper understanding of the situation here in Singapore.
Mr David Ringrose, Vice-President – APAC Region – Service Logistics at DHL followed with an overview of how supply chains and their processes have been disrupted due to the restrictions imposed to contain the virus, such as labour shortages and increased border restraints. David covered the Top 10 supply chain risks from COVID-19 based on inputs from DHL’s most recent “Resilience 360 Report”, a special report specifically covering the coronavirus and its impact on supply chains, aiming to raise awareness of key risks and challenges in a very dynamic situation.
Mr Andy Henderson is the Managing Director at APB Singapore. David gave us an industry-specific view of the challenges faced by the Food & Beverage sector during this outbreak, whilst comparing the situation and its development to the previous SARS outbreak. By looking at the SARS outbreak, he gave an overview of what we can expect out of the COVID-19 outbreak and how it might evolve.