Insideview
Enhancing trade through supply chain resilience seminar
The global coronavirus pandemic led to a surge in logistics costs, some of the longest lead times in history and an under-serving of a number of smaller economies as shipping companies by-passed their ports in favour of ports in large economies. One of the key lessons learnt from the pandemic is that flexibility is necessary for resilient supply chains. This resilience needs to be multi-dimensional in terms of sourcing, production, transportation, distribution and delivery. In addition, real-time visibility across the supply chain is necessary to allow suppliers and partners to respond to bottlenecks. These were some of the takeaways from the seminar arranged by the ECCT’s Supply Chain committee together with UPS on the topic “Enhancing trade with Europe through supply chain resilience”. Read the full event report.
The event featured presentations by Lin Shiu-mei, Vice President of APAC Corporate Affairs for UPS International and Jeff Chung, General Manager, Asia (ex Korea) Delivery Systems and Services and Electronics for the Merck Group in Taiwan.
Opening remarks were made by Susan Hu, Deputy Director-General of the International Trade Administration under the Ministry of Economic Affairs; Helena Reitberger, Representative of Business Sweden, The Swedish Trade & Invest Council and ECCT CEO Freddie Höglund.
In her presentation, Lin Shiu-mei spoke about the state of APEC supply chains and key strategies for strengthening resilience based on research conducted by UPS.
The title of Jeff Chung’s presentation was “Glocalisation to support the semiconductor industry’s growth in Taiwan”. Merck is a major supplier to the global semiconductor industry with substantial and growing investments in Taiwan.
The event concluded with a panel discussion featuring the speakers as well as Michelle Huang, EU Channel Sales Director for ADATA Technology Co., Ltd. and Lisa Feng, APAC Solutions Director for UPS International Inc. Closing remarks were made by Stephanie Hericher, Co-chair of the Supply Chain committee.
