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    Past webinar

    CQ at Productronica 2021: Post-COVID Supply Chain Logistics

    Speakers: CalcuQuote, Ventec, Keith Bryant Consultancy

    Dirk Stender, Sales Director at CalcuQuote, joins on stage Trevor Galbraith, Mark Goodwin, and Keith Bryant.

    Summary of the webinar

    The Panel's Perspective

    This morning's panel on supply chain logistics featured insights from Mark Goodwin, CEO of Ventec, and Keith Bryant, a consultant. They discussed the evolving challenges and strategies in a world reshaped by the pandemic.

    Raw Material Challenges

    A pressing issue is the shortage of skilled workers across various regions, including the UK and Asia. While many graduates exist, their lack of experience poses significant challenges for manufacturers, leading to extended training periods.

    Digital Solutions

    To mitigate future supply chain disruptions, experts emphasized the importance of digitalizing processes, enhancing supplier networks, and improving data analysis capabilities to streamline operations and avoid counterfeit issues.

    Rising Costs

    Logistics expenses have surged dramatically since the pandemic, impacting production costs and profitability. The experts underscored the need for companies to adopt more efficient practices to remain competitive.

    The Future of Manufacturing

    With the labor landscape shifting and automation on the rise, companies must adapt to maintain productivity. The panel stressed that while regional manufacturing may evolve, reliance on key suppliers in Taiwan and China remains critical, leaving little room for alternative plans.

    Conclusion

    The insights shared during the panel discussion underscore the complexity and interconnectedness of the global supply chain in a post-COVID world. As companies navigate rising costs, labor shortages, and a pressing need for skilled workers, the adoption of digital solutions and automation emerges as a critical strategy for maintaining competitiveness. While the reliance on Asian suppliers, particularly in Taiwan and China, poses risks, it also highlights the importance of diversifying supply sources and enhancing operational efficiency. Moving forward, industry leaders must remain agile, leveraging data-driven decision-making to anticipate challenges and seize opportunities in an increasingly complex landscape. The future of manufacturing will hinge on the ability to adapt and innovate, ensuring resilience and sustainability in the face of ongoing uncertainties.

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