When the Supply Chain Industry Needed Answers, Odyssey 2024 Delivered in Singapore
SINGAPORE, Dec. 19, 2024 /PRNewswire-PRWeb/ -- In its sixth and largest flagship event yet, GoComet, the leading AI-powered supply chain visibility platform brought over 50+ global supply chain industry leaders and pioneers to address the industry's biggest challenges with unparalleled insights.
The company with its headquarters in Singapore hosted the event at the SKAI Suites, Swisshotel overlooking the city with notable participants like Unilever International, Skyworks, CEAT Tyres, VVF, UPS, Schneider Electric, Teleport, Pfizer, DHL, Estée Lauder, and many more.
The event opened with remarks from Chitransh Sahai, Chief Business Officer at GoComet, and Johny Stephen, Head of Global Sales. Setting a bold agenda, Sahai remarked:
"The supply chain industry is at a critical crossroads, defined by disruptions such as the Red Sea Crisis and looming port strikes. "Odyssey" is a commitment to equipping businesses with the tools to navigate these complexities and drive a more connected, resilient future."
Fireside Chat: Insights from Unilever International
The evening's first session, an exclusive Fireside Chat, set the tone for the event with a thought-provoking discussion between Aseem Puri, CEO of Unilever International, and Chitransh Sahai. Puri delved into his leadership philosophy and the strategic priorities instrumental in driving success.
"Effective leadership today requires a clear vision, bold priorities, and the empowerment of teams to execute them," Puri emphasized, highlighting the pillars of innovation, agility, and global value creation as core to optimizing supply chain operations. He shared key insights from his book, 10X Productive: CEO Secrets to Getting it All Done, encouraging attendees to adopt smarter time management strategies to maximize efficiency and effectiveness.
"Channels that were once stable are now interchangeable. As a company, you need to be flexible," Puri noted. Using a vivid analogy, he added, "We've moved from crafting perfect Picassos over six months to creating Dilbert cartoons quickly and consistently." This statement highlighted the pressing need for speed and flexibility in today's fast-paced business environment, offering the audience valuable insights on staying agile and effective amidst constant change.
Agility and Efficiency in Global Supply Chains
"In my 30 years of experience in Supply Chain, Planning, Procurement, and Global Logistics, I have faced many challenges," Buhari reflected. "However, navigating geopolitical disruptions and leveraging advancements like digital transformation have been key to maintaining operational resilience. Whether addressing semiconductor shortages or adapting to sustainability-driven policies like the CHIPS Act, success lies in strategic foresight and agility."
Quoting Amos Tversky, he added, "He who sees the past as surprise-free is bound to have a future full of surprises." Reflecting on this, Buhari stressed the need to learn from past disruptions to better adapt to evolving market complexities.
Panel Discussion: Turning Disruptions into Opportunities
In a session moderated by Prasad Alukar, Head of Operations at GoComet, leaders from CEAT, VVF, and others shared their expertise in addressing critical supply chain challenges such as rising shipping costs and delivery delays. The discussion brought together unique perspectives, particularly contrasting the push model employed by CEAT with the pull model leveraged by VVF, highlighting how each approach offers distinct advantages in different market conditions.
Key insights included:
- Leveraging real-time data for proactive risk management.
- Collaborating across the value chain to mitigate bottlenecks.
- Transforming cost surges into opportunities for growth through digital innovation.
- Exploring how push-driven strategies optimize production and inventory, while pull-driven approaches enhance flexibility and responsiveness to market demand.
Rajshekar Mudaliar from CEAT noted:
"Resilience is rooted in adaptability. Companies that pivot rapidly and utilize data-driven decision-making are poised to thrive in uncertainty."
The session provided attendees with practical frameworks to align supply chain strategies with market dynamics and operational strengths.
Product Spotlight: Mastering Shipment Orchestration
During the Product Spotlight, GoComet showcased its cutting-edge solutions designed to revolutionize shipment orchestration and drive sustainability in supply chains. Among the highlights was a focus on the impact of GoComet's Carbon Emission Tracking tool, which continues to empower businesses in monitoring and reducing their environmental footprint. Sahai emphasized:
"At GoComet, our mission is to redefine supply chain operations through transparency, collaboration, and advanced analytics. These innovations are transformative solutions for logistics management," said Chitransh Sahai. "Tools like our Carbon Emission Tracker empower businesses to optimize logistics while driving sustainable practices," he added.
And That's a Wrap on the Supply Chain Event of the Year
As GoComet's Odyssey Singapore 2024 concluded, the event emerged as a key platform for addressing critical supply chain challenges, including rising costs, logistical bottlenecks, geopolitical disruptions, and sustainability. Through expert-led sessions, panel discussions, and interactive exchanges, attendees gained practical insights and strategies to navigate disruptions and adapt to a rapidly evolving industry landscape.
One attendee described it as, "A perfect mix of insights and practical ideas to tackle real-world supply chain challenges."
The event underscored the value of customer-centric, technology-driven solutions, reaffirming GoComet's commitment to supporting businesses in building more resilient and sustainable supply chains.
Media Contact
Lakshya Sharma, GoComet, 91 9967671423, [email protected], www.gocomet.com
SOURCE GoComet
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