The global logistics crises and why you should plan ahead to secure your next event
Why is this important to consider when you are planning your next event? After more than two years into the pandemic, global supply chains are still severely disrupted. There is less reliability among supply chains as companies struggle to keep up while attending to supply and demand. Supply chains also continue to face cost increases and shipping delays, not to mention the ongoing shortages of skilled and unskilled labor in almost all industries greatly affecting daily production and performance of companies*. The early bird catches the worm. |
If you wait too long, either resources might get more difficult to procure, or prices might still go higher within short notice.
What are we doing from ES:ME side?
A part of what we do to prepare for the upcoming 3rd and 4th quarter of this year’s event season, is staying in touch with several logistic partners to secure slots for our shipping loads to get sufficient equipment into the region. We also cooperate with our co-members within the AVAlliance networkto ensure we have an abundant source of equipment and crew for probably the busiest upcoming season this region will ever see.
We at ES:ME want to support you best during these challenging times. This is why we invest in our people and state of the art technology so we can serve you better.
If you know you have an event coming up, please talk to us as early as possible to secure the best prices and availability of crew and materials.
Please feel free to schedule your free consultation call with ES:ME here.
* "Survey shows that the entire industry is disproportionately affected by inflation. Events up to 250 people have become on average 58 percent more expensive compared to 2019, events with 600 people by 55 percent and events with up to 1,500 people by 46 percent. To make matters worse, there is a decline in sales of -68.4 percent in 2022. In addition, there are about half fewer skilled workers than in 2019. As a result, a number of projects cannot be realized, which means that valuable income is no longer necessary," says Alexander Ostermaier, Managing Director of fwd: Bundesvereinigung Veranstaltungswirtschaft. 2. What Is Supply Chain Management Doing in 2022? 3. A 2022 Guide to the Global Supply Chain Crisis 4. UPDATED 6.9.2022 – Impacts on Global Supply Chain Logistics 5. What will happen in 2022 in logistics: 8 lessons from the market |
8. Cost explosion weighs on event industry