Industry View: Secure Your Supply Chain Now to Beat Disruption

Now that more and more countries are declaring national emergencies and shutting down businesses for lockdown, it’s become more important than ever to diversify your supply chain and mitigate the risk caused by disruption. So says Open Packaging Network CEO Sergei Ciachir.

Founded in 2018, the OPN Platform is a data-driven B2B online marketplace for the packaging industry.

According to research conducted by McKinsey and Company, trucking capacity to ship goods from factories to ports has decreased by 80% and product shipments from ports are facing huge delays. For packaging businesses unable to fulfill orders, finding alternative suppliers and vendors is crucial to survival.

A digital marketplace allows businesses to reach out to alternative connections to close the gap in their supply chains caused by disruption. By expanding networks in this way, businesses can also take advantage of new routes and channels in order to keep running.

The cloud-based OPN Platform has already facilitated over 10 000 deals across the globe and was included in the World Business Angels Investment Forum’s list of Top 100 most promising startups for industrial transformation.

“Our platform is the largest independent marketplace that uses emerging technologies to create an open ecosystem for various stakeholders to interact with each other seamlessly. The AI-driven digital platform connects buyers and sellers from across the global packaging industry quickly and conveniently. They transact directly on the online platform,” explains Sergei.

It’s not business as usual for the packaging industry. Adapting your operations to meet change and taking advantage of technology has become a crucial part of a successful survival strategy.