As a supply chain manager, your day starts early. Once in the office, the calls, e-mails, and meetings come fast and furious. By the time the day is over, it is late and you may be tired. But good work was accomplished. Progress was made. Tomorrow, you will do it again, and do it just as well, if not better.
This is all great; we are paid to deliver results. But this kind of focus on the day-to-day can turn into something less desirable: keeping our heads down and not looking at the bigger picture. In other words, doing a good job of managing day-to-day operations should not be your sole focus. You also need to manage your career with an eye toward your future.
The decision to move
Here is one of the most important career management questions we all must ask ourselves at some point: When should I move on to a new position? There is no simple answer that applies to everyone, but the following are some considerations and recommendations that can help you decide whether and when to make a move. (For purposes of this discussion, we are talking about changing companies, not about changing jobs within the same company.)
Go if it will help you grow. Are you still growing professionally? Are you still learning? Are you still challenged? Are you still broadening your span of control? If not, then you should seriously consider changing companies. As the saying goes, if you are not growing, you are shrinking. In other words, if you are not challenging yourself and developing new skills, then your skills are going to atrophy.
Fill your gaps. Every career move should be made with your ultimate career goal in mind. If you want to start your own firm someday, then you would move your career in one direction. If you want to be a chief supply chain officer, then you would move your career in a different direction. An important question, then, is whether the new job you are considering will move you closer to your goal. Now think about what job skills and knowledge you are missing but will need in order to reach your ultimate goal. Does the job you are considering fill a knowledge or experience gap, and therefore will help you achieve your goal? If the answer to these two questions is yes, then you are right to be looking at a new position.
Protect your legacy. You do not want to leave a job in the middle of a big transition. Neither do you want to leave a mess for someone else to clean up. If the project you were hired to carry out has been stabilized, and you have groomed someone to be your replacement, then the time may be right for you to explore other opportunities, without damage to your reputation.
Know what jobs are in the pipeline. Know what positions are available in the marketplace even when you are not looking to make your next move. This knowledge will help you stay current in regard to your value (what other firms are paying for your skills, education, and experience), who is hiring, and which market segments are growing.
How do you find out what jobs are out there? Get involved with industry organizations and professional societies, like the Council of Supply Chain Management Professionals (CSCMP). CSCMP and similar organizations have job boards. Check them frequently. If you find a position that is interesting but is not a good fit for you, pass it along to someone in your network who would be a strong candidate. You should also belong to LinkedIn, Plaxo, and other networking sites. They have interest-based groups (including some for supply chain management) that are designed to keep you informed in a wide range of areas. Join them and participate in their online forums. You can also use these and other social media resources to follow companies you are targeting as possible future employers.
Another way to stay current is to create relationships with a couple of good executive recruiters. When they call, listen. Recruiters are looking for two types of people: candidates and sources. Candidates are people who fit the position and are interested in pursuing it. Sources are people who know potential candidates. When you are not a candidate, be a source. If you are a reliable source, then recruiters will keep sharing information with you. It also lets your network (potential candidates) know that you are thinking of them and admire their skills enough to recommend them to recruiters.
Be open to change. Staying with one firm throughout your entire career is not inherently bad. I have clients who are 20-year veterans at a single company. Their careers, however, involved different positions within the company, including jobs overseas and in manufacturing, sales, and supply chain. Their employers provided them with broad—and marketable—experience.
If, however, you stay in the same company even when your career is stagnant, you may be slowly killing your career. That's because it suggests to others that you are someone who is complacent or is afraid of change.
While maintaining loyalty to a company is admirable, staying with the same employer for many years does limit your options if your career there does not work out as you expected. If you apply for positions at another company late in your career, then you will have to be able to answer questions like: Why did you stay? Can you work in a different corporate culture? Is your longevity with one company a sign that you are not motivated?
Don't be a "job hopper." When you rapidly move through a series of jobs, each of them with a different firm, you can be viewed as a "job hopper." A job hopper is someone whose résumé typically includes three or more jobs of three years or less, each with different companies. They are not perceived as team players, and they seem to be motivated only by short-term self interest. Most hiring firms, in fact, do not consider this type of candidate because they see someone who will leave just when the company finally starts to get a return on the time and effort it invested in training him or her.
Ideally, you should stay at a company for a minimum of three to five years. Within the same company, however, you can move more frequently without being negatively perceived.
Avoiding being a job hopper goes hand-in-hand with the earlier comment about your legacy. Stay until the situation is stabilized. You always want to leave a position on good terms, and with the project in good hands.
Don't be mercenary. If your only benefit from taking a new position would be a better title or more money, be wary. Title and money can be fine reasons for taking a new job, but not if doing so moves you farther away from your ultimate goal. For instance, if you want to be the senior supply chain officer of a Fortune 500 firm, taking a high-level position in a small company will not advance you toward your goal. It could even prevent you from reaching it altogether. Always keep the end game in sight.
The right way to leave
When you accept a new position at another company, there is a particular etiquette you should follow as you prepare to leave your current position. Here are some widely accepted practices that will serve you well:
Be sure to give adequate notice in a formal resignation letter. Present the resignation letter in person. Depending on the sensitivity of your position, you may be asked to leave immediately. If so, respect the policy and do not take it personally. Regardless, you should offer to help with the transition.
Offer suggestions about who your successor should be. You may be in a better position than your boss to know who would be a good fit.
Voice your appreciation for the opportunities and experiences you have had.
Leave on a positive note. Give only constructive feedback in any exit interview. Keep your comments professional.
Provide your new contact information and make yourself available to answer any unforeseen questions that may come up after you leave.
Stay in touch. Your former co-workers are part of your network. Do not neglect those relationships.
Remember, taking charge of your career is not something to think about once in awhile or leave to chance. Always keep your ultimate goal in mind, and work toward achieving it on a regular basis.
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.”
ABI’s report divided the range of energy-efficiency-enhancing technologies and equipment into three industrial categories:
Commercial Buildings – Network Lighting Control (NLC) and occupancy sensing for automated lighting and heating; Artificial Intelligence (AI)-based energy management; heat-pumps and energy-efficient HVAC equipment; insulation technologies
Manufacturing Plants – Energy digital twins, factory automation, manufacturing process design and optimization software (PLM, MES, simulation); Electric Arc Furnaces (EAFs); energy efficient electric motors (compressors, fans, pumps)
“Both the International Energy Agency (IEA) and the United Nations Climate Change Conference (COP) continue to insist on the importance of energy efficiency,” Dominique Bonte, VP of End Markets and Verticals at ABI Research, said in a release. “At COP 29 in Dubai, it was agreed to commit to collectively double the global average annual rate of energy efficiency improvements from around 2% to over 4% every year until 2030, following recommendations from the IEA. This complements the EU’s Energy Efficiency First (EE1) Framework and the U.S. 2022 Inflation Reduction Act in which US$86 billion was earmarked for energy efficiency actions.”
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).
"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."
A report from the company released today offers predictions and strategies for the upcoming year, organized into six major predictions in GEP’s “Outlook 2025: Procurement & Supply Chain.”
Advanced AI agents will play a key role in demand forecasting, risk monitoring, and supply chain optimization, shifting procurement's mandate from tactical to strategic. Companies should invest in the technology now to to streamline processes and enhance decision-making.
Expanded value metrics will drive decisions, as success will be measured by resilience, sustainability, and compliance… not just cost efficiency. Companies should communicate value beyond cost savings to stakeholders, and develop new KPIs.
Increasing regulatory demands will necessitate heightened supply chain transparency and accountability. So companies should strengthen supplier audits, adopt ESG tracking tools, and integrate compliance into strategic procurement decisions.
Widening tariffs and trade restrictions will force companies to reassess total cost of ownership (TCO) metrics to include geopolitical and environmental risks, as nearshoring and friendshoring attempt to balance resilience with cost.
Rising energy costs and regulatory demands will accelerate the shift to sustainable operations, pushing companies to invest in renewable energy and redesign supply chains to align with ESG commitments.
New tariffs could drive prices higher, just as inflation has come under control and interest rates are returning to near-zero levels. That means companies must continue to secure cost savings as their primary responsibility.
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.”
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.
As a measure of the potential economic impact of that uncertain scenario, transport company stocks were mostly trading down yesterday following Donald Trump’s social media post on Monday night announcing the proposed new policy, TD Cowen said in a note to investors.
But an alternative impact of the tariff jump could be that it doesn’t happen at all, but is merely a threat intended to force other nations to the table to strike new deals on trade, immigration, or drug smuggling. “Trump is perfectly comfortable being a policy paradox and pushing competing policies (and people); this ‘chaos premium’ only increases his leverage in negotiations,” the firm said.
However, if that truly is the new administration’s strategy, it could backfire by sparking a tit-for-tat trade war that includes retaliatory tariffs by other countries on U.S. exports, other analysts said. “The additional tariffs on China that the incoming US administration plans to impose will add to restrictions on China-made products, driving up their prices and fueling an already-under-way surge in efforts to beat the tariffs by importing products before the inauguration,” Andrei Quinn-Barabanov, Senior Director – Supplier Risk Management solutions at Moody’s, said in a statement. “The Mexico and Canada tariffs may be an invitation to negotiations with the U.S. on immigration and other issues. If implemented, they would also be challenging to maintain, because the two nations can threaten the U.S. with significant retaliation and because of a likely pressure from the American business community that would be greatly affected by the costs and supply chain obstacles resulting from the tariffs.”
New tariffs could also damage sensitive supply chains by triggering unintended consequences, according to a report by Matt Lekstutis, Director at Efficio, a global procurement and supply chain procurement consultancy. “While ultimate tariff policy will likely be implemented to achieve specific US re-industrialization and other political objectives, the responses of various nations, companies and trading partners is not easily predicted and companies that even have little or no exposure to Mexico, China or Canada could be impacted. New tariffs may disrupt supply chains dependent on just in time deliveries as they adjust to new trade flows. This could affect all industries dependent on distribution and logistics providers and result in supply shortages,” Lekstutis said.