Skip to content
Search AI Powered

Latest Stories

Direct Connection

Shaping global business past, present, and future

As the Council of Supply chain Management Professionals celebrates its 50-year anniversary, it's a good time to consider how far the organization has come and what role it will play in the future.

As the Council of Supply Chain Management Professionals celebrates its 50-year anniversary, it's an appropriate time to consider how far the profession has advanced during that time. When I look back on the past half-century, it brings to mind a popular slogan from a 1960s advertising campaign that ran here in the United States: "You've come a long way, baby!"

And we certainly have! While logistics has long received recognition as a principal player in the development of global societies, the concept and discipline of supply chain management is a relative newcomer to the business stage. Yet in today's global marketplace, supply chain management is the principal connecting force that brings together regions, countries, and continents.


Over the last 50 years, supply chain management has both influenced and been influenced by a number of important developments. Containerization and intermodalism, which actually got underway in the mid 1950s, and deregulation of transportation paved the way for logistics innovation. The introduction of bar codes and automatic identification provided the first means for tracking the movements of parts and products across the supply chain. Companies such as Walmart led the way in using supply chain practices to bring lower prices and an ever-expanding selection of merchandise to consumers worldwide. The Toyota production system spawned "lean thinking" that guides manufacturing and distribution to this day. Computerization led to the development of software programs that help supply chain professionals manage the many challenges associated with operating across the globe.

Most people nowadays take supply chain management's achievements for granted. For instance, consumers expect to find fresh fruit in their grocery stores all year 'round. But back in the 1960s, refrigerated trucks transporting fresh fruit from California to New York City in just four days was innovative. What was futuristic back then is commonplace today. It is supply chain management—and managers—that get the products consumers want into stores efficiently, on time, and at the right price.

In the future, supply chain management will play an even more critical role in serving businesses and consumers. In particular, the advent of multichannel markets, where consumers can order anything from anywhere, will demand that supply chains adapt to a new way of doing business and develop increasingly sophisticated ways to fulfill those orders. Their ability to make use of "big data" will help supply chains meet those demands while improving operational performance.

All those developments and much more will generate a tremendous need for qualified, educated talent, both for labor as well as for leadership. You can count on CSCMP to help companies meet that need. Just as from its inception in 1963 as the National Council of Physical Distribution Management, CSCMP has been there to advance the discipline and highlight the supply chain's importance in creating shareholder value, we will be there over the next 50 years to both groom and support the next generation of talented professionals who will surely shape global business.

Recent

More Stories

forklifts working in a warehouse

Averitt tracks three hurdles for international trade in 2025

Businesses engaged in international trade face three major supply chain hurdles as they head into 2025: the disruptions caused by Chinese New Year (CNY), the looming threat of potential tariffs on foreign-made products that could be imposed by the incoming Trump Administration, and the unresolved contract negotiations between the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX), according to an analysis from trucking and logistics provider Averitt.

Each of those factors could lead to significant shipping delays, production slowdowns, and increased costs, Averitt said.

Keep ReadingShow less

Featured

chart of robot adoption in factories

Global robot density in factories has doubled in 7 years

Global robot density in factories has doubled in seven years, according to the “World Robotics 2024 report,” presented by the International Federation of Robotics (IFR).

Specifically, the new global average robot density has reached a record 162 units per 10,000 employees in 2023, which is more than double the mark of 74 units measured seven years ago.

Keep ReadingShow less
person using AI at a laptop

Gartner: GenAI set to impact procurement processes

Progress in generative AI (GenAI) is poised to impact business procurement processes through advancements in three areas—agentic reasoning, multimodality, and AI agents—according to Gartner Inc.

Those functions will redefine how procurement operates and significantly impact the agendas of chief procurement officers (CPOs). And 72% of procurement leaders are already prioritizing the integration of GenAI into their strategies, thus highlighting the recognition of its potential to drive significant improvements in efficiency and effectiveness, Gartner found in a survey conducted in July, 2024, with 258 global respondents.

Keep ReadingShow less
A photo of brown paper packages tied up with shiny red ribbons.

SMEs hopeful ahead of holiday peak

Businesses are cautiously optimistic as peak holiday shipping season draws near, with many anticipating year-over-year sales increases as they continue to battle challenging supply chain conditions.

That’s according to the DHL 2024 Peak Season Shipping Survey, released today by express shipping service provider DHL Express U.S. The company surveyed small and medium-sized enterprises (SMEs) to gauge their holiday business outlook compared to last year and found that a mix of optimism and “strategic caution” prevail ahead of this year’s peak.

Keep ReadingShow less
screen shot of AI chat box

Accenture and Microsoft launch business AI unit

In a move to meet rising demand for AI transformation, Accenture and Microsoft are launching a copilot business transformation practice to help organizations reinvent their business functions with both generative and agentic AI and with Copilot technologies.


The practice consists of 5,000 professionals from Accenture and from Avanade—the consulting firm’s joint venture with Microsoft. They will be supported by Microsoft product specialists who will work closely with the Accenture Center for Advanced AI. Together, that group will collaborate on AI and Copilot agent templates, extensions, plugins, and connectors to help organizations leverage their data and gen AI to reduce costs, improve efficiencies and drive growth, they said on Thursday.

Keep ReadingShow less