Continuing education is important not only for personal career development but also for learning new supply chain strategies and tactics. Here are a just a few examples of upcoming professional education programs around the world.
Make the numbers work for you
In the corporate world, money talks. So even if you work in supply chain management, you need to be able to speak the language of finance and accounting. But don't worry if you're not a math genius; the Finance and Accounting seminar offered by Vanderbilt University's Executive Development Institute will teach you how to extract vital information from financial data and use it to improve decision making, performance, and profits.
Participants will leave this CSCMP co-sponsored program knowing how to measure financial performance and analyze financial statements. They will also be able to apply accounting principles to evaluate product and customer profitability and to measure their departments' performance.
Program: Vanderbilt University Executive Development Institute's Finance and Accounting seminar Location: Nashville, Tennessee, U.S.A. Dates: February 11?13, 2008 Info:www.owen.vanderbilt.edu/vanderbilt/Programs/exec-ed/
Integrating supply chains in a global context
At the heart of this program, jointly offered by CSCMP and the Georgia Institute of Technology Supply Chain & Logistics Institute, are two critically important subjects: integrated supply chains and global operations. Through seminars taught by wellknown experts, participants will learn about planning, designing, and operating highly effective, integrated supply chains in the context of global operations.
Topics include: strategic supply chain concepts; integrating the essential elements of supply chain execution; increasing shareholder value through supply chain management; planning and forecasting; and supply chain issues in Asia, India, Europe, and Latin America. Participants also will participate in a case study and an interactive supply chain game.
Program: CSCMP and Georgia Institute of Technology Supply Chain & Logistics Institute's Global Supply Chain Management Program Location: Atlanta, Georgia, U.S.A. Dates: March 3?7, 2008 Info:www.dlpe.gatech.edu/scl/sc
Online certificate evaluates purchasing skills
The Senior Professional in Supply Management (SPSM) online certification program offered by Next Level Purchasing focuses on the practical skills purchasing professionals need to deliver cost savings for their organizations. Courses cover the following topics: Microsoft Excel for Purchasing Professionals, 14 Purchasing Best Practices, Mastering Purchasing Fundamentals, Microsoft Project for Purchasing Professionals, Savings Strategy Development, and Supply Management Contract Writing.
Each course consists of eight lessons lasting 30 to 60 minutes each plus a supplementary reading. When students have completed all of the courses with a quiz score of 70 percent or higher, they may take the exam, which consists of 90 questions covering material from the classes.
It's easy to get bogged down in day-to-day details. Supply chain success, however, depends on stepping back to see the big picture now and then. Designing and Leading Competitive Supply Chains, a CSCMP co-sponsored course at Pennsylvania State University, will provide this elevated view.
The course will help participants to develop supply chain systems that are aligned with their companies' strategies by focusing on practices that enhance speed, flexibility, and competitive differentiation. It will also help them create a framework for solving a specific problem within their organizations.
This course can be taken as part of Smeal College's Center for Supply Chain Research Certificates in Supply Chain Management and Supply Chain Leadership. CSCMP members receive a discounted tuition of $5,850.
Course: Designing and Leading Competitive Supply Chains Program: Pennsylvania State University's Smeal College of Business Executive Education Program and the Center for Supply Chain Research Location: University Park, Pennsylvania, U.S.A. Dates: March 16?21 and Sept. 21?26, 2008 Info:www.smeal.psu.edu/psep/dlsc.html
Interdisciplinary degree in planning, design, and operations
Delft University of Technology?s two-year Master of Transportation, Infrastructure, and Logistics (TIL) program gives students a systematic view of transportation and logistics. The program not only covers the technical aspects of transportation and logistics systems but also examines the organizational principles behind freight movements. Students will also learn the importance of cross-functional and interdisciplinary cooperation during planning, design, and operational processes. In addition, they will study decisionmaking strategies for complex problems in infrastructure development and planning.
The program is jointly operated by the departments of Civil Engineering and Geosciences; Mechanical, Maritime, and Materials Engineering; and Technology, Policy, and Management.
Program: Delft University of Technology?s Master of Transportation, Infrastructure, and Logistics Location: Delft, the Netherlands Info:www.til.tudelft.nl
Manage the power of relationships
By their very nature, supply chains depend on relationships for success. Accordingly, the University of Tennessee?s Integrated Supply Chain Management Program emphasizes the importance of relationships among demand planning, customer relationship management, operations, logistics, lean management, and resource/financial management.
This CSCMP co-sponsored program consists of six courses, which may be taken separately or as a series to receive a certification. To receive the certification, all of the courses should be completed within a two-year period.
Program: University of Tennessee Integrated Supply Chain Management Program Courses and Dates:
• Supply Chain Management Strategy: February 18?20 and September 15?17, 2008
• Demand Management in the Supply Chain: February 20?22 and September 17?19, 2008
• Logistics and Operations in the Supply Chain: March 10?12 and October 20?22, 2008
• The Lean Enterprise and the Supply Chain: March 12?14 and October 22?24, 2008
• Supply Chain Resource Management: April 14?16 and November 10?12, 2008
• Integrative Supply Chain Experience: April 16?18 and November 12?14, 2008 Location: Knoxville, Tennessee, U.S.A. Info:https://SupplyChain.utk.edu
The launch is based on “Amazon Nova,” the company’s new generation of foundation models, the company said in a blog post. Data scientists use foundation models (FMs) to develop machine learning (ML) platforms more quickly than starting from scratch, allowing them to create artificial intelligence applications capable of performing a wide variety of general tasks, since they were trained on a broad spectrum of generalized data, Amazon says.
The new models are integrated with Amazon Bedrock, a managed service that makes FMs from AI companies and Amazon available for use through a single API. Using Amazon Bedrock, customers can experiment with and evaluate Amazon Nova models, as well as other FMs, to determine the best model for an application.
Calling the launch “the next step in our AI journey,” the company says Amazon Nova has the ability to process text, image, and video as prompts, so customers can use Amazon Nova-powered generative AI applications to understand videos, charts, and documents, or to generate videos and other multimedia content.
“Inside Amazon, we have about 1,000 Gen AI applications in motion, and we’ve had a bird’s-eye view of what application builders are still grappling with,” Rohit Prasad, SVP of Amazon Artificial General Intelligence, said in a release. “Our new Amazon Nova models are intended to help with these challenges for internal and external builders, and provide compelling intelligence and content generation while also delivering meaningful progress on latency, cost-effectiveness, customization, information grounding, and agentic capabilities.”
The new Amazon Nova models available in Amazon Bedrock include:
Amazon Nova Micro, a text-only model that delivers the lowest latency responses at very low cost.
Amazon Nova Lite, a very low-cost multimodal model that is lightning fast for processing image, video, and text inputs.
Amazon Nova Pro, a highly capable multimodal model with the best combination of accuracy, speed, and cost for a wide range of tasks.
Amazon Nova Premier, the most capable of Amazon’s multimodal models for complex reasoning tasks and for use as the best teacher for distilling custom models
Amazon Nova Canvas, a state-of-the-art image generation model.
Amazon Nova Reel, a state-of-the-art video generation model that can transform a single image input into a brief video with the prompt: dolly forward.
Economic activity in the logistics industry expanded in November, continuing a steady growth pattern that began earlier this year and signaling a return to seasonality after several years of fluctuating conditions, according to the latest Logistics Managers’ Index report (LMI), released today.
The November LMI registered 58.4, down slightly from October’s reading of 58.9, which was the highest level in two years. The LMI is a monthly gauge of business conditions across warehousing and logistics markets; a reading above 50 indicates growth and a reading below 50 indicates contraction.
“The overall index has been very consistent in the past three months, with readings of 58.6, 58.9, and 58.4,” LMI analyst Zac Rogers, associate professor of supply chain management at Colorado State University, wrote in the November LMI report. “This plateau is slightly higher than a similar plateau of consistency earlier in the year when May to August saw four readings between 55.3 and 56.4. Seasonally speaking, it is consistent that this later year run of readings would be the highest all year.”
Separately, Rogers said the end-of-year growth reflects the return to a healthy holiday peak, which started when inventory levels expanded in late summer and early fall as retailers began stocking up to meet consumer demand. Pandemic-driven shifts in consumer buying behavior, inflation, and economic uncertainty contributed to volatile peak season conditions over the past four years, with the LMI swinging from record-high growth in late 2020 and 2021 to slower growth in 2022 and contraction in 2023.
“The LMI contracted at this time a year ago, so basically [there was] no peak season,” Rogers said, citing inflation as a drag on demand. “To have a normal November … [really] for the first time in five years, justifies what we’ve seen all these companies doing—building up inventory in a sustainable, seasonal way.
“Based on what we’re seeing, a lot of supply chains called it right and were ready for healthy holiday season, so far.”
The LMI has remained in the mid to high 50s range since January—with the exception of April, when the index dipped to 52.9—signaling strong and consistent demand for warehousing and transportation services.
The LMI is a monthly survey of logistics managers from across the country. It tracks industry growth overall and across eight areas: inventory levels and costs; warehousing capacity, utilization, and prices; and transportation capacity, utilization, and prices. The report is released monthly by researchers from Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University, and the University of Nevada, Reno, in conjunction with the Council of Supply Chain Management Professionals (CSCMP).
Specifically, 48% of respondents identified rising tariffs and trade barriers as their top concern, followed by supply chain disruptions at 45% and geopolitical instability at 41%. Moreover, tariffs and trade barriers ranked as the priority issue regardless of company size, as respondents at companies with less than 250 employees, 251-500, 501-1,000, 1,001-50,000 and 50,000+ employees all cited it as the most significant issue they are currently facing.
“Evolving tariffs and trade policies are one of a number of complex issues requiring organizations to build more resilience into their supply chains through compliance, technology and strategic planning,” Jackson Wood, Director, Industry Strategy at Descartes, said in a release. “With the potential for the incoming U.S. administration to impose new and additional tariffs on a wide variety of goods and countries of origin, U.S. importers may need to significantly re-engineer their sourcing strategies to mitigate potentially higher costs.”
Grocers and retailers are struggling to get their systems back online just before the winter holiday peak, following a software hack that hit the supply chain software provider Blue Yonder this week.
The ransomware attack is snarling inventory distribution patterns because of its impact on systems such as the employee scheduling system for coffee stalwart Starbucks, according to a published report. Scottsdale, Arizona-based Blue Yonder provides a wide range of supply chain software, including warehouse management system (WMS), transportation management system (TMS), order management and commerce, network and control tower, returns management, and others.
Blue Yonder today acknowledged the disruptions, saying they were the result of a ransomware incident affecting its managed services hosted environment. The company has established a dedicated cybersecurity incident update webpage to communicate its recovery progress, but it had not been updated for nearly two days as of Tuesday afternoon. “Since learning of the incident, the Blue Yonder team has been working diligently together with external cybersecurity firms to make progress in their recovery process. We have implemented several defensive and forensic protocols,” a Blue Yonder spokesperson said in an email.
The timing of the attack suggests that hackers may have targeted Blue Yonder in a calculated attack based on the upcoming Thanksgiving break, since many U.S. organizations downsize their security staffing on holidays and weekends, according to a statement from Dan Lattimer, VP of Semperis, a New Jersey-based computer and network security firm.
“While details on the specifics of the Blue Yonder attack are scant, it is yet another reminder how damaging supply chain disruptions become when suppliers are taken offline. Kudos to Blue Yonder for dealing with this cyberattack head on but we still don’t know how far reaching the business disruptions will be in the UK, U.S. and other countries,” Lattimer said. “Now is time for organizations to fight back against threat actors. Deciding whether or not to pay a ransom is a personal decision that each company has to make, but paying emboldens threat actors and throws more fuel onto an already burning inferno. Simply, it doesn’t pay-to-pay,” he said.
The incident closely followed an unrelated cybersecurity issue at the grocery giant Ahold Delhaize, which has been recovering from impacts to the Stop & Shop chain that it across the U.S. Northeast region. In a statement apologizing to customers for the inconvenience of the cybersecurity issue, Netherlands-based Ahold Delhaize said its top priority is the security of its customers, associates and partners, and that the company’s internal IT security staff was working with external cybersecurity experts and law enforcement to speed recovery. “Our teams are taking steps to assess and mitigate the issue. This includes taking some systems offline to help protect them. This issue and subsequent mitigating actions have affected certain Ahold Delhaize USA brands and services including a number of pharmacies and certain e-commerce operations,” the company said.
Editor's note:This article was revised on November 27 to indicate that the cybersecurity issue at Ahold Delhaize was unrelated to the Blue Yonder hack.
The new funding brings Amazon's total investment in Anthropic to $8 billion, while maintaining the e-commerce giant’s position as a minority investor, according to Anthropic. The partnership was launched in 2023, when Amazon invested its first $4 billion round in the firm.
Anthropic’s “Claude” family of AI assistant models is available on AWS’s Amazon Bedrock, which is a cloud-based managed service that lets companies build specialized generative AI applications by choosing from an array of foundation models (FMs) developed by AI providers like AI21 Labs, Anthropic, Cohere, Meta, Mistral AI, Stability AI, and Amazon itself.
According to Amazon, tens of thousands of customers, from startups to enterprises and government institutions, are currently running their generative AI workloads using Anthropic’s models in the AWS cloud. Those GenAI tools are powering tasks such as customer service chatbots, coding assistants, translation applications, drug discovery, engineering design, and complex business processes.
"The response from AWS customers who are developing generative AI applications powered by Anthropic in Amazon Bedrock has been remarkable," Matt Garman, AWS CEO, said in a release. "By continuing to deploy Anthropic models in Amazon Bedrock and collaborating with Anthropic on the development of our custom Trainium chips, we’ll keep pushing the boundaries of what customers can achieve with generative AI technologies. We’ve been impressed by Anthropic’s pace of innovation and commitment to responsible development of generative AI, and look forward to deepening our collaboration."