Cordstrap impresses at LogiChem 2018
From March 20-22 LogiChem 2018 was held in Amsterdam. The event was attended by 250 leading chemical professionals focused on transforming industry supply chains. All aspects of the topic were considered by senior supply chain leaders from across Europe.
Recent research by LogiChem has shown that 82% of chemical manufacturers believe that reliability is a key concern of their customers. It came as no surprise that a thought-provoking presentation by Cordstrap CEO Brad Tribble was very well received.
Brad discussed the issues chemical companies are facing in relation to cargo securing. Poor and incorrect packaging are the root in cause in 50% of incidents, many of which involve fire – one case every eight weeks. He pointed out the growing strictness of worldwide rules and regulations, as highlighted by the importance of the CTU Code and IMDG Regulations, the latest amendment of which became maritime law on January 1st 2018.
Over 50% of industry professionals consider that supply chain is not fully integrated at board level, or considered part of corporate strategy. As as the global leader in cargo securing, Cordstrap’s team were able to illustrate the dangers of this. Sharing our chemical case studies and experience with delegates highlighted how often supply chains are not compliant, with low levels of standardization and many hidden costs.
We were able to demonstrate that by focusing on compliant securing solutions and addressing total cost of ownership, chemical companies can see supply chain efficiency gains of up to 400%.
If you would like to learn more, or would like to begin a conversation about how we can help you in Australia to transform your supply chain with fully complaint cargo securing, please contact us. We’ll be in touch by return.