Food for thought: top 5 strategic risks for the reefer industry

Professor Garry Honey, founder of reputation risk consultants Chiron reflects on this year’s Cool Logistics Global conference and offers his top 5 risks for the reefer industry.
As a risk consultant with some experience of supply chain risk across a number of industries, I was recently asked for my views on risk in a growing sector of the container industry, refrigerated containers, commonly known as ‘reefers’. Perishable cargoes which require temperature control include not just foodstuffs but pharmaceuticals also. These containers require a stable power source throughout their journey from producer to consumer. Power outage is a big risk, but not the only one.
Here are my top 5 risks for the reefer industry based on the latest Cool Logistics Global conference in Bremen at the end of September 2016: Disruption Risk, Anticipation Risk, Damage Risk, Control Risk, and Value Risk.
Source: Cool Logistics