24 December 2021
The Frontline of Chaos: Lessons of the Suez Crisis and Other Results of the Year 2021 for Logistics
To a large extent, the container ship stuck in the Suez Canal embodies the Logistics Crisis 2021. The incident partly paralyzed the world trade and revealed other problems. DHL Express, Radius Group, OR GROUP and other experts told what lessons they have learnt.
Zakhar Valkov, Chief Operations Officer at Radius Group
“Previously we had seen tenants optimizing their warehouse areas, building their just-in-time supply chains, and working towards not possessing any redundant areas, thus, cargo turnover sped up while its cost went down. And now many of those with no local productions and tied to international supplies are expanding their capacities, leasing more warehouses and transitioning to the just-in-case model.”
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