Shipping Key Factor In Supply Chain Disruptions

There are 1.3 times more goods being shipped from Asia to Canada since pre-pandemic, says Linda Seymour, president and chief executive officer at HSBC Bank Canada at a Canadian Club Toronto webinar, ‘Navigating The Changing Supply Chain Landscape.’ Producers are still catching up on supply chain demands contributing to lengthened delivery times. Therefore, the key challenge in the supply chain is shipping, says Seymour. Adapting and building new strategies, increasing automation, and building relationships with local suppliers is how companies can succeed going forward, says Ana Sanchez, executive vice-president at Metrican. Additionally, new technology can used to predict supply chain uncertainties, such as ship loading and travel time.