ChemConnect 2023: Session on Supply chain resilience in chemical logistics: Managing risks and disruptions
Supply Chain

ChemConnect 2023: Session on Supply chain resilience in chemical logistics: Managing risks and disruptions

Speakers for the Session are: Anjani Prasad, Managing Director & Vice President, South Asia Textile Effects, Archroma; K. V. Raghavan, Joint General Manager - Supply Chain management, Larsen & Toubro Ltd.; Mahendra Shelke, Head - Logistics & Warehousing, LANXESS India Pvt. Ltd.; Mitesh Gangar, VP & Head - Business & Supply Chain, Aarti Industries Ltd.; Vishal R. Upadhye, Head – Supply Chain & Manufacturing Operations, South Asia, Huntsman International; Ravindra Gadre, Chief Procurement Officer & SCM, Apcotex Industries Ltd.; and Ramanuj Kankani, Finance and Operations Director, IMCD India

  • By ICN Bureau | October 10, 2023

Indian Chemical News (ICN), the most credible online media platform for the Chemicals, Petrochemicals, and Energy sector, is organizing ChemConnect 2023, a Conference on Chemicals and Petrochemicals Logistics and Supply Chain on October 13, 2023 at the Novotel Mumbai International Airport, Mumbai.

The main theme of ChemConnect 2023 is "Transforming To A New Better."

One can register as delegate for ChemConnect 2023 by clicking on the link (https://www.indianchemicalnews.com/chem-connect-2023/register.php )

Speakers for the Session on Supply chain resilience in chemical logistics: Managing risk and disruptions are: Anjani Prasad, Managing Director & Vice President, South Asia Textile Effects, Archroma; K. V. Raghavan, Joint General Manager - Supply Chain management, Larsen & Toubro Ltd.; Mahendra Shelke, Head - Logistics & Warehousing, LANXESS India Pvt. Ltd.; Mitesh Gangar, VP & Head - Business & Supply Chain, Aarti Industries Ltd.; Vishal R. Upadhye, Head – Supply Chain & Manufacturing Operations, South Asia, Huntsman International; Ravindra Gadre, Chief Procurement Officer & SCM, Apcotex Industries Ltd.; and Ramanuj Kankani, Finance and Operations Director, IMCD India. The session is moderated by Shammi Dua, Vice President, Kearney.

The chemical logistics industry is highly complex and interconnected, making it vulnerable to various risks and disruptions. Supply chain resilience is critical to the chemical logistics industry to ensure safe, reliable, and efficient supply chain operations while mitigating risks and disruptions. Some of the key factors for managing risk and disruptions in chemical logistics include supply chain visibility, business continuity planning, risk assessment and management, technology and collaboration, and communication.

It is known that the real-time visibility of the entire supply chain, from suppliers to customers, enables companies to identify potential disruptions at an early stage and take corrective measures to minimize the impact of disruptions. Moreover, companies need to have a well-defined business continuity plan that can provide a framework for managing disruptions and restoring operations quickly.

There is also a need to conduct risk assessments to identify potential risks, developing risk management strategies, and regularly reviewing and updating those strategies in order to manage risks. And, these can be achieved by building strong relationships and open communication channels with suppliers, customers, and other stakeholders.

Most importantly, advanced technologies like Artificial Intelligence (AI), the Internet of Things (IoT), and Blockchain can provide real-time insights into the supply chain and enable companies to quickly respond to disruptions.

The session will discuss industry's ability to anticipate, prepare for, and recover from risks and disruptions while ensuring continuity of operations, minimizing losses, and meeting customer demands.

Topics to be covered in the session include: Risk identification, impact assessment, and regulatory compliance; Supply chain mapping to identify risks to minimize damages; Collaboration: Developing partnerships with suppliers, transporters, and other stakeholders; Disaster preparedness plan; Digitalization and automation of chemical logistics; Establishing a backup plan; Competitive buffer inventory; Regular compliance checks; Mitigation strategies; and Periodic review of logistics and supply chain processes.

The event is supported by Platinum Partner - Netradyne; Gold Partners - Zodiac, J M Baxi and Somaiya Vidyavihar University and Associate Partner - Moglix.

Indian Chemical News is an important online resource for news, views, analysis, trends, technology updates and interviews with prominent leaders in the Chemicals, Petrochemicals, and Energy sector. Our aim is to provide independent, authoritative, and interactive Chemicals, Petrochemicals, and Energy information, enabling our readers to make better-informed business and planning decisions. Our mission is to be India's most credible information portal for the Chemicals, Petrochemicals, and Energy industries.

Register Now to Attend NextGen Chemicals & Petrochemicals Summit 2024, 11-12 July 2024, Mumbai

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