AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The AI in Business Podcast
Navigating Global Procurement Challenges in Shipping – with Paulo Ruy of A.P. Moller - Maersk
Oct 15, 2024
17:32
Snipd AI
In this discussion, Paulo Ruy, Head of Terminal Procurement for Latin America at A.P. Moller - Maersk, delves into the complexities of global shipping amidst geopolitical conflicts like the Ukraine war. He emphasizes the need for flexible contracts and the vital role of data and AI in navigating these challenges. Paulo also highlights the importance of optimizing shipping routes and improving efficiency through technology. The conversation sheds light on how government intervention and bureaucracy can hinder progress in global procurement.
Read more
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Geopolitical conflicts significantly disrupt global supply chains and necessitate flexibility in procurement strategies and contract negotiations.
- The shipping industry faces challenges in data utilization due to disruptions, highlighting the need for advanced AI solutions to enhance decision-making.
Deep dives
Impact of Geopolitical Conflicts on Supply Chains
Geopolitical conflicts, including the war in Ukraine and tensions in the Red Sea, are significantly disrupting global supply chains and contributing to inflation. The need to reroute cargo due to these conflicts causes delays and increases demand for shipping vessels, thereby reducing supply in the market. This shift necessitates flexibility in contract negotiations, as established shipping patterns and expectations are upended. Adjustments must be made to accommodate new routes and changing commodity availability, which impacts overall procurement strategies.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode