Dan is a multi-lingual global supply chain executive with 35 years of international manufacturing and logistics experience. Having lived and worked in 5 countries, Dan’s extensive knowledge of local business practices throughout Asia and Latin America is unique.
As the Global Supply Chain Director for Procon Pacific (industrial packaging), Dan is responsible for production and logistics for facilities throughout India and China. Dan recently completed a Lean Six Sigma Black Belt India->US Total Transit Time improvement analysis, which is already being implemented by Procon Pacific.
Dan has served on AmCham Shanghai’s board of governors, is active with the US DOS Overseas Security Advisory Council executive committee and lectures at several universities.
The decline in US imports from China that started in 2018 accelerated in the first half of 2020 as the US-China trade war and COVID-19 took a toll on trade between the two countries. The main beneficiaries of China’s loss of market share of US imports have been countries in Southeast Asia, particularly Vietnam, and, to a lesser extent, India. But as shippers who shifted their sourcing have discovered, matching China’s sophisticated labor force, world-class inland and port infrastructure, and shear might aren’t easy to replicate. The result has been supply chain challenges ranging from equipment shortages, transshipment issues, and COVID-related labor disruption — and a rapid recovery in China-sourced imports in the second half of 2020. Daniel Krassenstein, global supply chain director for packaging manufacturer Procon Pacific, has experienced these challenges firsthand while overseeing a sourcing shift from China to South and Southeast Asia over the past several years. In this one-on-one discussion, Daniel will analyze the opportunities and pitfalls companies face in deciding whether to shift or at least diversify their sourcing away from China.