Optimizing Operations and Integrating Digitization with Supply Chain Management: Insights from
European Supply Chain Summit 2024
Neo Tangent took center stage in a thought-provoking panel discussion at European Supply Chain Summit
2024. Moderated by Jonathan Chen, Business Leader, Supply Chain Services, Neo Tangent, the session,
featuring insights from prominent industry leaders, explored the transformative impact of digitization
and collaboration on modern supply chain management.
Exploring the Intersection of Technology and Supply Chain Resilience
The panel addressed the increasing frequency of unplanned disruptions and the essential role of agile,
data-driven strategies. Istvan Lencz, Director of Global Logistics at Henkel, discussed the
wide-reaching impacts of events like the Suez Canal blockage, which led to significant spikes in
shipping costs and CO2 emissions.
Robert Snijder, Global Vice President at Benteler, highlighted the rising costs in trucking due to
factors like tolls, driver shortages, and the shift toward electrification.
Leveraging Data to Drive Efficiency and Decision-Making
Neo Tangent’s focus on leveraging real-time data emerged as a key theme. ‘The role of accurate,
real-time data cannot be overstated,’ noted Jonathan Chen. The panel shared actionable strategies for
harnessing data effectively:
Gabriel Hugenschmidt stressed the importance of data validation through automated systems to improve
accuracy and reliability.
The panel also looked at the use of AI-driven insights for tracking trends and forecasting demand shifts
which is redefining supply chain adaptability.
Kai Philipp Ronecker, former Head of Operations at Migros Industry, illustrated how external factors
like weather patterns and consumer behavior impact demand forecasts, underscoring the necessity for
advanced analytics.
Embracing Collaborative Frameworks for Greater Agility
As supply chains grow more complex, collaboration has become a vital strategy. The panel discussed the
role of centralized control towers in providing real-time visibility and enabling swift, informed
decisions.
Looking Ahead: A Digital and Sustainable Future
Included in TRADEFLOC’s Best Companies to Work For, Neo Tangent earned recognition as a preferred
employer in the BPM industry.
Through its data-driven strategies and value-oriented partnerships, Neo Tangent is not only tackling
today’s challenges but also laying the groundwork for a dynamic future in supply chain management.
Watch the full panel discussion here -
Click Here
06 Jan
2024
