Skip to content
Search AI Powered

Latest Stories

Direct Connection

Collaboration: the key to managing change

Collaboration has become the driving force behind supply chain management excellence.

Back in 1964, Bob Dylan's song "The Times They Are A-changin' " captured the feeling that we were entering a period of rapid transformation. Nearly five decades later, things are changing faster and more profoundly than ever before. And nowhere has that occurred more dramatically than in the world of business, much of it propelled by the marvels of modern technology.

Take a look at the "business" of supply chain management (SCM). Since the 1960s, it has evolved from physical distribution to logistics to supply chain management. SCM has progressed from an invisible corporate necessity to a critical component of commerce that has achieved global prominence in boardrooms and on Wall Street. Supply chain management has shed its dowdy image as a "cost center" in favor of the more glamorous one of "revenue generator."


In 1963, the Council of Supply Chain Management Professionals (CSCMP) debuted with the name National Council of Physical Distribution Management (NCPDM). The organization was formed by a visionary group of managers, consultants, and educators who foretold the integration of transportation, warehousing, and inventory as the future of the discipline. Fifty years later, it's clear that CSCMP's founders got it right.

The path toward the integration of supply chain management functions can be seen as a microcosm of what has been happening in business as a whole. Boundaries and borders, between countries and within companies, have become less of a barrier as the worldwide web of technology has connected and united us into the seamless, borderless commercial community of today. For supply chain managers, that means our mission is to deliver the products and services our customers want—and need—to survive and thrive, every day and around the clock, on all seven continents and beyond.

Today's technology enables us to better understand our customers and communicate with our supply chain community in real time. But if we are to nimbly respond to the changing demands of dynamic supply chains, we need to work together to create an integrated response. When key participants—shippers, carriers, and logistics service providers—collaborate and share information within and across the supply chain, the entire process is more efficient and effective than it would have been had all the players operated independently. That is why collaboration has become the driving force behind supply chain management excellence.

In these fast-changing times, we all must work to tear down walls that block collaboration. We must advocate for supply chain partners to work as a community, one based on transparency and trust. And if we continue to pursue supply chain excellence by creatively collaborating with others, we will elevate the profession—and ourselves—to world-class status.

Recent

More Stories

cover of report on electrical efficiency

ABI: Push to drop fossil fuels also needs better electric efficiency

Companies in every sector are converting assets from fossil fuel to electric power in their push to reach net-zero energy targets and to reduce costs along the way, but to truly accelerate those efforts, they also need to improve electric energy efficiency, according to a study from technology consulting firm ABI Research.

In fact, boosting that efficiency could contribute fully 25% of the emissions reductions needed to reach net zero. And the pursuit of that goal will drive aggregated global investments in energy efficiency technologies to grow from $106 Billion in 2024 to $153 Billion in 2030, ABI said today in a report titled “The Role of Energy Efficiency in Reaching Net Zero Targets for Enterprises and Industries.”

Keep ReadingShow less

Featured

Logistics economy continues on solid footing
Logistics Managers' Index

Logistics economy continues on solid footing

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.

Keep ReadingShow less
iceberg drawing to represent threats

GEP: six factors could change calm to storm in 2025

The current year is ending on a calm note for the logistics sector, but 2025 is on pace to be an era of rapid transformation, due to six driving forces that will shape procurement and supply chains in coming months, according to a forecast from New Jersey-based supply chain software provider GEP.

"After several years of mitigating inflation, disruption, supply shocks, conflicts, and uncertainty, we are currently in a relative period of calm," John Paitek, vice president, GEP, said in a release. "But it is very much the calm before the coming storm. This report provides procurement and supply chain leaders with a prescriptive guide to weathering the gale force headwinds of protectionism, tariffs, trade wars, regulatory pressures, uncertainty, and the AI revolution that we will face in 2025."

Keep ReadingShow less
chart of top business concerns from descartes

Descartes: businesses say top concern is tariff hikes

Business leaders at companies of every size say that rising tariffs and trade barriers are the most significant global trade challenge facing logistics and supply chain leaders today, according to a survey from supply chain software provider Descartes.

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.

Keep ReadingShow less
photo of worker at port tracking containers

Trump tariff threat strains logistics businesses

Freight transportation providers and maritime port operators are bracing for rough business impacts if the incoming Trump Administration follows through on its pledge to impose a 25% tariff on Mexico and Canada and an additional 10% tariff on China, analysts say.

Industry contacts say they fear that such heavy fees could prompt importers to “pull forward” a massive surge of goods before the new administration is seated on January 20, and then quickly cut back again once the hefty new fees are instituted, according to a report from TD Cowen.

Keep ReadingShow less