DAY 2 OF THE RISK & RESILIENCE ONLINE EVENT
Does the corona crisis prove that we have overshoot the mark in the pursuit of optimization?
Between the government’s coronavirus control measures and the public’s reaction to those measures, the Transport & Logistics sector is seeing rapid change.
Passenger transport and some aspects of goods haulage are dealing with a drop in business from customers and carriers, while other goods transporters and logistical service providers, such as those active in fulfilment (processing orders of online stores), are actually experiencing growth and even exceeding their capacity.
The logistics sector responded to the last economic crisis by expanding and becoming increasingly specialised. Thanks to e-commerce, chains are getting shorter as shops require fewer deliveries. In order to remain active in such a competitive market, it is crucial to optimise transport and logistics flows, but although this can improve margins in the short term, its associated increase in transparency erodes prices. The spread of digitisation has accelerated these developments, and the disruption it causes has even drastically changed the direction those developments are taking.
The issue at hand is now whether heavy reliance on automation, expansion and hyper-specialisation has made the industry vulnerable to severe crises such as the current Covid-19 pandemic. Would we have been better prepared or protected if we had had a professional risk management strategy in place?
The theme of the second day of the Risk & Resilience Online event is:
After the crisis? Implications for managing risk and resilience in Dutch sectors – in our case, Logistics and Transport.
We use real-life examples presented by entrepreneurs, in combination with theories explained by scientists, to offer you greater insight into the context of this afternoon’s central question: Does the coronavirus crisis show that our pursuit of optimisation has gone too far?
For the talk and the follow-up discussion, we take an approach based on the relationship between people, systems (whether technical or not) and environmental factors.
All the speakers and participants will be invited to engage in an interactive discussion to tease out some possible answers.