During the gas supply shock, a packaging manufacturer engaged us to develop short-term scenarios to prepare for long-term uncertainty. Our strategic approach aimed at mitigating the impact of the current disruption while also building resilience against potential future shocks in close cooperation with the relevant stakeholders.
Industry: Packaging
Company size: 3,000 employees
Project duration: 3 months
The client engaged our services to develop a strategic plan for building resilience against a potential gas cut that could cause simultaneous production shutdowns. By considering the urgency of the situation, our approach was designed to efficiently and comprehensively address potential risks in the whole production and logistics network.
Throughout the entire process, we monitored the energy consumption market and government announcements daily. This enabled us to remain vigilant for any changes or potential threats and to keep the client informed of any significant developments.
Phase 1: Identified risks systematically
The foundation of the robust crisis management plan was the identification of potential risks that could impact operations. Obtaining a comprehensive overview of the current situation and gathering relevant information was crucial to define subsequent steps and actions.
Phase 2: Prioritized risks & setup scenarios
After identifying potential risks, we conducted a thorough risk assessment and impact analysis to determine the likelihood and potential impact of each risk. This enabled us to prioritize and develop targeted scenarios to address the most critical risks.
Phase 3: Roadmap for mitigation actions and Contingency Plan
A robust Contingency Plan was developed based on the outcomes of the risk assessment and scenario planning process. The plan comprised short- and long-term actions designed to effectively address the most critical risks and enable an efficient response in times of crisis.
Phase 4: Tracking progress/ Taking actions if required
To ensure ongoing resilience against potential energy reductions, continuous monitoring of the energy situation was essential, and any necessary adjustments to the risk management plan were made accordingly. This strategic approach enabled the company to stay ahead of potential disruptions and to remain responsive to evolving circumstances.
TTE Strategy