Natural disasters, civil unrest, rising land and labour costs prompt a major re-think on supply chain risk for Asian container shippers and 3PLs says TOC CSC Asia 2012 keynote speaker Tommy Lui, EVP, Li & Fung Logistics
HONG KONG & LONDON, 28-11-2011- Mitigating supply chain risk is now the number one concern for most Asian shippers and logistics services providers, according to Tommy Lui, Executive Vice President for Li & Fung Logistics, a division of consumer goods sourcing giant Li & Fung Ltd. Liu will assess the new risk landscape and how cargo owners and their logistics suppliers can respond in a keynote speech at the upcoming TOC Container Supply Chain Asia 2012 conference.
Asian supply chains have been affected by a number of natural disasters during the last year, including the earthquake and tsunami in Japan and flooding in Thailand and China, causing major disruptions in the movement of parts, materials and finished goods. “We have also seen rising labour and land costs across Asia, together with inflation and civil unrest,” said Lui. “This has posed a new set of challenges for 3PLs, who now need to find flexible solutions that can mitigate risk and rising costs for their existing customers and at the same time explore new market segments and niche opportunities.”
He added: “We need to align our ideas on how to face these challenges and the TOC Container Supply Chain Asia conference will be a good platform for sharing experiences with other industry professionals and aligning ideas on how to move forward.”
Taking place 13-15 March at the Hong Kong Convention & Exhibition Center, TOC Container Supply Chain Asia 2012 will explore the future shape of Asia’s container supply chains in the face of changing global and regional trade dynamics, and discuss the impact for providers of logistics, ocean and landside transport services, including port and hinterland infrastructure. Lui speaks on 13 March following an official welcome address from Eva Cheng, Hong Kong Secretary for Transport & Housing. His keynote will be followed by a focused debate on The Road Ahead for Asia’s Supply Chains, with expert panelists from major logistics chain stakeholders and analysts, including Frank Hercksen, Global Head of Ocean Freight, Panalpina; Juan Manuel Gonzalez, Managing Director, Asia Region, Hapag-Lloyd; Lars Christiansen, Vice President, Asia, United Arab Shipping Company; Lars Jensen, CEO & Partner, SeaIntel. The Panel will be moderated by Greg Knowler, Editor& Publisher, Cargonews Asia.
Senior representatives from Agility, Aitken Spence Shipping, CMA CGM, Diageo, DP World Asia, Electrolux, Hauer Assocs, MCC Transport and Modern Terminals Ltd are among other leading players confirmed to speak at the 3-day pan-Asian forum.
“At this time of deep volatility in the global economy, building robust relationships and a better understanding between all parties along the container supply chain has never been more important,” says TOC Events Conference Editorial Director Rachael White. “Our goal at TOC Asia CSC 2012 is to provide a platform for government, cargo owners, logistics providers, liner shipping, ports and terminals, inland transport, finance and other key stakeholder groups to come together, debate the critical issues of the day, and shape the future for Asia and, by extension, world container trade.”
TOC Container Supply Chain Asia 2012
13-15 March 2012
Hong Kong Convention & Exhibition Center (HKCEC)