CARGOCONNECT-MAY23 - Flipbook - Page 72
FMCGCONNECT 2023
PANEL 1
T
he first panel discussion titled ‘CAPITALISING
ON CAPABILITIES—KEY TO DELIVERING
IN THE NEW NORMAL ERA’ covered the
post-COVID FMCG industry landscape,
magnifying the layers of disruption caused by the
pandemic, of which the effects are bound to linger for
a while. The discussion, hence, revolved around the
newly set parameters for excellence and endurance
among the industry players as well as the paramount
need to formulate planning and supply strategies
that will ultimately, keep on provisionally overcoming the ‘new’ that is ‘never normal’. It has become
necessary to understand the internal processes of
companies and how they rebuilt strategies from
scratch to adjust and accommodate according to
the changing scenarios. The sudden realisation of
what the modern world needs, maintaining a perfect
balance of globalisation and localisation, was almost
equal to a “Shock Therapy” for supply chain teams
and now that the industry has successfully mapped
the losses, it becomes important to contemplate on
what needs to change.
The panellists were felicitated by Smiti Suri, Publisher, CargoConnect
72 | CARGOCONNECT MAY 2023