Risk Management: What Should Supply Chain Executives Learn from the Hanjin Shipping Bankruptcy?

Philip Damas heads up Drewry Supply Chain Advisors, the logistics arm of the Drewry Group and has more than 30 years experience in the international ocean transport sector and maritime supply chain design and optimization. He gave this interview on risk management in the Exhibition Hall on September 13th at the 2016 edition of the North American Supply Chain Executive Summit.

Philip Damas is the founder and operational head of Drewry Supply Chain Advisors, the logistics arm of the Drewry Group and now the global leader in freight rate benchmarking. He is also a director of the Drewry group.

Prior to joining Drewry in 2005, he worked for CMA CGM and the container shipping consortium Cobra in various management and financial control roles until 1990. He then spent the 1990s analysing the logistics policies of exporters/importers and of logistics service providers when working with American Shipper and Containerisation International.

In 1998, Philip became a founding director of the shipping research and database company ComPairData (now Blue Water Reporting). In 2007, he set up Drewry Supply Chain Advisors. In 2014 and 2016, respectively, he launched the BCO ocean contract “benchmarking club” of Drewry and the e-Sourcing Ocean Freight Solution outsourced tender execution service of Drewry.

Having spent a career in the international container shipping sector, he now advises retailers, manufacturers and investors on ocean freight strategy, freight rate benchmarking, network optimisation, logistics property investments/due diligence, carrier contracts and port competition.

Philip holds an MBA from the University of Bradford Management Centre and a B.Sc. and M.Sc. Finance from the University of Strasbourg.