The Red Sea shipping crisis is causing significant disruptions to the vital Asia-Europe route, with traffic falling by over two-thirds due to Houthi rebel activities, as reported by Moody's. This has led to rerouting ships around the Cape of Good Hope, doubling shipping costs and extending delivery times by up to 25%.
In the wake of this shipping crisis in the Red Sea, it's never been more critical to understand the intricate balance between risk and total costs of ownership in supply chains. Our upcoming workshop, Supply Chain Practice Workshop: Balancing Risk and Total Costs of Ownership (TCO), offers an immersive experience with The Fresh Connection business simulation.
Join us for a transformative two-day journey where you will lead a virtual fruit juice company through turbulent times. Designed for supply chain experts, corporate leaders, risk management specialists, and cohesive company teams, this workshop hones the skills necessary to navigate today's unpredictable business climates.
Key takeaways include:
- Risk Management: Strategies to navigate and mitigate supply chain risks.
- Total Costs of Ownership: Insights into the full lifecycle costs influencing business decisions.
- Resilience Building: Techniques to create supply chains that can adapt and regenerate.
- Strategic Decision-Making: Balancing growth, costs, and risks for sustainable success.
- Cross-Functional Collaboration: Ensuring business resilience through team alignment.
As we address the current challenges posed by the shipping disruptions in the Red Sea, this workshop is timely for professionals seeking to ensure business continuity and resilience. Secure your spot and empower your supply chain strategy to withstand the tides of change.
Find out more about the detailed overview of the content.
The next workshop will take place March 11-12, 2024 in Hamburg.
