Even after the season ends, complete recovery will be a long process - with impacts that many haven't yet considered.
Deutsche Post DHL Group is encouraging logistics providers to consider and prepare for impacts caused by events like hurricanes Harvey, Irma and Maria, and has introduced a risk-management tool called DHL Resilience360 - with the goal of allowing its customers "to detect future obstacles along the supply chain and take early actions to mitigate business risks," says Tobias Larsson, head of Resilience360 and DHL customer solutions.
Resiliance360 is a cloud-based platform that combines DHL’s risk exposure index, which is weighted across about 30 risk categories, with supply chain and business impact data from its customers to predict future obstacles.
In an example of the type of notice Resiliance360 provides, DHL said that analytics from the platform predicted shortages of chemicals surrounding widespread U.S. Gulf Coast production outages during Hurricane Harvey, and the likely impact of those shortages on the automotive, life sciences and healthcare and electronics industries. A company that needs those chemicals, and receives the prediction that production in and supply from the area could be cut off by the storm, could pre-order the necessary supplies ahead of time.
Enjoy curated articles directly to your inbox.