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.
Do your processes measure up?
Based on the CSCMP Supply Chain Management Process Standards six-part series of books, the new Process Standards Workshop will help participants benchmark and improve their key supply chain processes. Experienced instructors Kate Vitasek and Karl Manrodt will provide a structured approach to assessing opportunities for improvement and a framework for evaluating initiatives. The course involves real-world examples, interactive cases, high-energy lectures, and group discussions. Participants will receive all six of the process standards books.
Program: Process Standards Workshop Sponsor: CSCMP Location: Lombard, Illinois, USA Dates: August 14-15, 2008 Info:cscmp.org
Learn from the experts
Senior supply chain statesmen and consultants Ken Ackerman and Art Van Bodegraven pass on some of the tips, tricks, and advice that they have gleaned from a combined 50 years of service in the field of supply chain management.
The "Fundamentals of Supply Chain Management" workshop defines the supply chain, its components, and its impact on all aspects of business. Ackerman and Van Bodegraven also enliven their presentations with time- and money-saving techniques.
"Strategic Issues in Supply Chain Management" takes participants to the next level, helping them examine strategies for reducing cost and improving operations.
Program: Fundamentals of Supply Chain Management Workshop Sponsor: CSCMP Locations and Dates: Kansas City, Missouri, USA: September 15-16, 2008; Chicago, Illinois, USA: November 13-14, 2008 Info:cscmp.org
Program: Strategic Issues in Supply Chain Management Workshop Sponsor: CSCMP Location: Baltimore, Maryland, USA Dates: September 8-9, 2008 Info:cscmp.org
Revamp your strategies
Product lifecycles have shortened, while supply chains have expanded to wrap around the globe. This dynamic is requiring companies to reassess their supply chain strategies and leadership approaches. Stanford University's "Strategies and Leadership in Supply Chains" course focuses on innovative ways to use your supply chain to create and capture value. The course places particular emphasis on cross-functional coordination and collaboration. Areas that will be explored in detail include points of supply and demand, global supply chains, sustainability, advanced technologies, and market implications.
Program: Strategies and Leadership in Supply Chains Sponsor: Stanford University Graduate School of Business Executive Education Location: Palo Alto, California, USA Course Dates: August 17-22, 2008 Application Deadline: July 1, 2008 Info:www.gsb.stanford.edu/exed/slsc
Be a leader
The University of Wisconsin's Supply Chain Leadership Certificate consists of three courses designed to help participants create and manage an integrated supply chain system.
The foundation course, "Supply Chain Leadership," teaches students to quantify tradeoffs, set feasible objectives, minimize overall cost, and improve the likelihood of achieving supply chain improvement plans. "Supply Chain Optimization" provides a prescriptive framework for identifying, optimizing, and prioritizing operational improvement opportunities. "Supply Chain Collaboration" covers the tools and methods necessary to define, develop, and manage planning processes.
Program: University of Wisconsin's Supply Chain Leadership Certificate Sponsor: University of Wisconsin Courses and Dates: Supply Chain Leadership: August 18-20, 2008; October 8-10, 2008; Supply Chain Optimization: September 4-5, 2008 and October 30-31, 2008; Supply Chain Collaboration: July 31-August 1, 2008; September 25-26, 2008 and November 17-18, 2008 Location: Madison, Wisconsin, USA Info:exed.wisc.edu/supplychain
Learn to collaborate
During the three-day CPFR Certification Program, participants will learn how to unlock the potential of collaborative planning, forecasting, and replenishment (CPFR). CPFR is a four-step model developed by the Voluntary Interindustry Commerce Solutions Association (VICS) to help companies better collaborate with their trading partners. The model's four steps are strategy and planning, demand and supply management, execution, and analysis.
The certification program uses a series of educational workshops and a formal examination to teach attendees how to successfully implement this system. CSCMP has endorsed the program and will be hosting one of the workshops in Chicago.
Program: VICS CPFR Certification Program Sponsors: Voluntary Interindustry Commerce Solutions Association and CSCMP Location: Chicago, Illinois, USA Dates: August 5-7, 2008 Info:www.vics.org
Think cross-functionally
One of the biggest barriers to creating a successful supply chain is teaching people to think and work cross-functionally. To help companies achieve this goal, The University of Tennessee designed the Integrated Supply Chain Management Program.
Co-sponsored by CSCMP, the program consists of six courses that each run for two-and-a-half days. These courses will help participants understand the interrelationships among demand planning, customer relationship management, operations, logistics, lean management, and resource and financial management.
Participants who take all six courses within a two-year period and successfully complete all tests and assignments will receive a certification. Courses also may be taken independently.
Program: Integrated Supply Chain Management Program
Sponsors: University of Tennessee and
CSCMP Courses and Dates: Supply Chain Management Strategy: September 15-17, 2008; Demand Management in the Supply Chain: September 17-19, 2008; Logistics & Operations in the Supply Chain: October 20-22, 2008; The Lean Enterprise and the Supply Chain: October 22-24, 2008; Supply Chain Resource Management: November 10-12, 2008; Integrative Supply Chain Experience: November 12-14, 2008 Location: Knoxville, Tennessee, USA Info:thecenter.utk.edu
Understand performance-based logistics
The U.S. Department of Defense has found success in implementing performance-based logistics (PBL) to manage its outsourced suppliers. In PBL contracts, the company no longer buys individual parts or service transactions; instead it buys "outcomes" and focuses on making sure that its providers' goals align with its own. The "Performance-Based Logistics" workshop will define this concept and outline how it can be applied to commercial outsourcing agreements.
Program: Performance-Based Logistics Workshop Sponsor: CSCMP Location: Lombard, Illinois, USA Dates: August 13, 2008 Info:cscmp.org
Building a better supply chain
Supply chain choices increasingly influence strategic business outcomes. Yet in the past, supply chain practice has focused on the tactical rather than the strategic. The "Supply Chain Strategy and Management" executive education course presents a new approach to supply chain design. Participants will learn about linking supply chain design and business strategy. They will study the forces that influence supply chain structures and how to integrate supply chain design with product and process development. Finally, instructors will discuss what it means to run a supply chain in an electronic-business environment.
Program: Supply Chain Strategy and Management Sponsor: MIT's Executive Education Open Enrollment Program Location: Cambridge, Massachusetts, USA Dates: November 19-20, 2008 Info:www.mitsloan.edu/exceed
The venture-backed fleet telematics technology provider Platform Science will acquire a suite of “global transportation telematics business units” from supply chain technology provider Trimble Inc., the firms said Sunday.
Trimble's other core transportation business units — Enterprise, Maps, Vusion and Transporeon — are not included in the proposed transaction and will remain part of Trimble's Transportation & Logistics segment, with a continued focus on priority growth areas following completion of the proposed transaction.
Terms of the deal were not disclosed but as part of this agreement, Colorado-based Trimble will become a shareholder in Platform Science's expanded business. Specifically, Trimble will have a 32.5% stake in the newly expanded global Platform Science business and will receive a Platform Science board seat. The company joins C.R. England, Cummins, Daimler Truck, PACCAR, Prologis, RyderVentures, and Schneider as a key strategic investor in Platform Science along with financial investors 8VC, Activant Capital, BDT & MSD Partners, Softbank, and NewRoad Capital Partners.
According to San Diego-based Platform Science, the proposed transaction aims to enhance driver experience, fleet safety, efficiency, and compliance by combining two cutting-edge in-cab commercial vehicle ecosystems, which will give customers access to more applications and offerings.
From Trimble customers’ point of view, they will continue to enjoy the benefits of their Trimble solutions, with the added flexibility of the Virtual Vehicle platform from Platform Science. That means Virtual Vehicle-enabled fleets will receive access to the Virtual Vehicle Marketplace, offering hundreds of new and expanded applications, software, and solution providers focused on innovating and improving drivers' quality of life and fleet performance.
Meanwhile, Platform Science customers will enjoy the added choice of Trimble's remaining portfolio of transportation solutions which will be available on the Virtual Vehicle platform, the partners said.
"We believe combining our global transportation telematics portfolio with Platform Science's will further advance fleet mobility and provide our customers with a broader portfolio of solutions to solve industry problems," Rob Painter, president and CEO of Trimble, said in a release. "Increased collaboration between the new Platform Science business and Trimble's remaining transportation businesses will enhance our ability to provide positive outcomes for our global customers of commercial mapping, transportation management, freight procurement, and visibility solutions. This deal will result in significant synergies along with tremendous opportunities for employees to continue to grow in a more-competitive business."
The acquisition comes just five months after Platform Science raised $125 million in growth capital from some of the biggest names in freight trucking, saying the money would help accelerate innovation in the commercial transportation sector.
Nearly one-third of American consumers have increased their secondhand purchases in the past year, revealing a jump in “recommerce” according to a buyer survey from ShipStation, a provider of web-based shipping and order fulfillment solutions.
The number comes from a survey of 500 U.S. consumers showing that nearly one in four (23%) Americans lack confidence in making purchases over $200 in the next six months. Due to economic uncertainty, savvy shoppers are looking for ways to save money without sacrificing quality or style, the research found.
Younger shoppers are leading the charge in that trend, with 59% of Gen Z and 48% of Millennials buying pre-owned items weekly or monthly. That rate makes Gen Z nearly twice as likely to buy second hand compared to older generations.
The primary reason that shoppers say they have increased their recommerce habits is lower prices (74%), followed by the thrill of finding unique or rare items (38%) and getting higher quality for a lower price (28%). Only 14% of Americans cite environmental concerns as a primary reason they shop second-hand.
Despite the challenge of adjusting to the new pattern, recommerce represents a strategic opportunity for businesses to capture today’s budget-minded shoppers and foster long-term loyalty, Austin, Texas-based ShipStation said.
For example, retailers don’t have to sell used goods to capitalize on the secondhand boom. Instead, they can offer trade-in programs swapping discounts or store credit for shoppers’ old items. And they can improve product discoverability to help customers—particularly older generations—find what they’re looking for.
Other ways for retailers to connect with recommerce shoppers are to improve shipping practices. According to ShipStation:
70% of shoppers won’t return to a brand if shipping is too expensive.
51% of consumers are turned off by late deliveries
40% of shoppers won’t return to a retailer again if the packaging is bad.
The “CMA CGM Startup Awards”—created in collaboration with BFM Business and La Tribune—will identify the best innovations to accelerate its transformation, the French company said.
Specifically, the company will select the best startup among the applicants, with clear industry transformation objectives focused on environmental performance, competitiveness, and quality of life at work in each of the three areas:
Shipping: Enabling safer, more efficient, and sustainable navigation through innovative technological solutions.
Logistics: Reinventing the global supply chain with smart and sustainable logistics solutions.
Media: Transform content creation, and customer engagement with innovative media technologies and strategies.
Three winners will be selected during a final event organized on November 15 at the Orange Vélodrome Stadium in Marseille, during the 2nd Artificial Intelligence Marseille (AIM) forum organized by La Tribune and BFM Business. The selection will be made by a jury chaired by Rodolphe Saadé, Chairman and CEO of the Group, and including members of the executive committee representing the various sectors of CMA CGM.
Economic activity in the logistics industry expanded in August, though growth slowed slightly from July, according to the most recent Logistics Manager’s Index report (LMI), released this week.
The August LMI registered 56.4, down from July’s reading of 56.6 but consistent with readings over the past four months. The August reading represents nine straight months of growth across the logistics industry.
The LMI is a monthly gauge of economic activity across warehousing, transportation, and logistics markets. An LMI above 50 indicates expansion, and a reading below 50 indicates contraction.
Inventory levels saw a marked change in August, increasing more than six points compared to July and breaking a three-month streak of contraction. The LMI researchers said this suggests that after running inventories down, companies are now building them back up in anticipation of fourth-quarter demand. It also represents a return to more typical growth patterns following the accelerated demand for logistics services during the Covid-19 pandemic and the lows of the recent freight recession.
“This suggests a return to traditional patterns of seasonality that we have not seen since pre-COVID,” the researchers wrote in the monthly LMI report, published Tuesday, adding that the buildup is somewhat tempered by increases in warehousing capacity and transportation capacity.
The LMI report is based on 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).
That hiring surge marks a significant jump in relation to the company’s nearly 17,000 current employees across North America, adding 21% more workers.
That increase is necessary because U.S. holiday sales in 2023 increased 3.9% year-over-year as consumer spending grew even amidst uncertain economic times and trends like inflation and consumer price sensitivity. Looking at the coming peak, a similar pattern is projected for this year, with shoppers forecasted to drive a 4.8% increase in holiday retail sales for 2024, Geodis said, citing data from Emarketer.
To attract the extra workforce, Geodis says it will offer competitive wages, peak premium pay incentives, peak and referral bonuses, an expedited payment option, and flexible schedules. And it’s using an AI-powered chatbot named Sophie to serve as a virtual recruiting assistant.
“We acknowledge the immense responsibility we have to our customers to deliver exceptional service every day, and this is especially true during peak season,” Anthony Jordan, GEODIS in Americas Executive Vice President and Chief Operating Officer, said in a release. “Because peak season is the most business-critical sales period of the year for many of our retail clients, expanding our workforce is vital to ensure we have a flexible, dynamic team that can handle anticipated surges in demand.”