Skip to content
Search AI Powered

Latest Stories

DIRECT CONNECTION

Ringing in a new year

While the past two years have rocked the supply chain industry, there is much to look forward to as we head into 2022.

As we turn the page on 2021 and head into 2022, the pandemic is still front and center. Many supply chain companies and professionals may be wondering, “How can we combat another year of disruptions and uncertainty?” Yet history has shown that in times of seemingly insurmountable challenges, the supply chain industry is resilient, and I believe there is much to look forward to in the new year. 

Looking ahead, I see advancements in planning, sourcing, and logistics process and event management digitization rising right to the very top this year. Data will be the key to forecasting challenges and will also aid companies as they seek to combat sourcing disruptions and refine their logistics processes. 


Most importantly, however, will be the open communication among the supply chain leaders driving the changes needed to solve lingering challenges. Open dialogue, encouraging communication, and education are the objectives we seek to deliver within our membership and to the broader supply chain community. Here at CSCMP, we are working hard to offer new and exciting events, opportunities, and support this year.

In fact, our organization is already preparing for our 2022 Supply Chain EDGE Conference & Exhibition in Nashville, Tennessee. We are looking forward to hosting another great conference at the Gaylord Opryland Resort and Convention Center September 18–21 and unveiling some new offerings to attendees. One new event on our agenda is “Startup Alley,” a networking opportunity right on the exhibition show floor designed specifically for startup companies. Here they will have the chance to come together in a collaborative environment and discuss innovative solutions to today’s pressing industry challenges. We are also planning to broaden our educational session offerings with new tracks on sourcing strategies, specialty supply chains, and sustainability. Registration is already open for EDGE 2022 and can be accessed at www.cscmpedge.org.

As is often the case, disruptions bring about exciting change, new innovations, and opportunities to make impactful improvements to our industry. While disruptions will continue, as our supply chains seeks to create balance over this next year, I hope the possibilities outweigh the worries. As a global supply chain community, now is the time to broaden our mission, tackle those challenges, and face what’s to come head on with renewed focus and determination. 

Wishing you all the best as you ring in 2022!

Recent

More Stories

screen shot of returns apps on different devices

Optoro: 69% of shoppers admit to “wardrobing” fraud

With returns now a routine part of the shopping journey, technology provider Optoro says a recent survey has identified four trends influencing shopper preferences and retailer priorities.

First, 54% of retailers are looking for ways to increase their financial recovery from returns. That’s because the cost to return a purchase averages 27% of the purchase price, which erases as much as 50% of the sales margin. But consumers have their own interests in mind: 76% of shoppers admit they’ve embellished or exaggerated the return reason to avoid a fee, a 39% increase from 2023 to 204.

Keep ReadingShow less

Featured

robots carry goods through a warehouse

Fortna: rethink your distribution strategy for 2025

Facing an evolving supply chain landscape in 2025, companies are being forced to rethink their distribution strategies to cope with challenges like rising cost pressures, persistent labor shortages, and the complexities of managing SKU proliferation.

But according to the systems integrator Fortna, businesses can remain competitive if they focus on five core areas:

Keep ReadingShow less
artistic image of a building roof

BCG: tariffs would accelerate change in global trade flows

Geopolitical rivalries, alliances, and aspirations are rewiring the global economy—and the imposition of new tariffs on foreign imports by the U.S. will accelerate that process, according to an analysis by Boston Consulting Group (BCG).

Without a broad increase in tariffs, world trade in goods will keep growing at an average of 2.9% annually for the next eight years, the firm forecasts in its report, “Great Powers, Geopolitics, and the Future of Trade.” But the routes goods travel will change markedly as North America reduces its dependence on China and China builds up its links with the Global South, which is cementing its power in the global trade map.

Keep ReadingShow less
woman shopper with data

RILA shares four-point policy agenda for 2025

As 2025 continues to bring its share of market turmoil and business challenges, the Retail Industry Leaders Association (RILA) has stayed clear on its four-point policy agenda for the coming year.

That strategy is described by RILA President Brian Dodge in a document titled “2025 Retail Public Policy Agenda,” which begins by describing leading retailers as “dynamic and multifaceted businesses that begin on Main Street and stretch across the world to bring high value and affordable consumer goods to American families.”

Keep ReadingShow less
ATRI releases annual list of nation’s top truck bottlenecks

ATRI releases annual list of nation’s top truck bottlenecks

New Jersey is home to the most congested freight bottleneck in the country for the seventh straight year, according to research from the American Transportation Research Institute (ATRI), released today.

ATRI’s annual list of the Top 100 Truck Bottlenecks aims to highlight the nation’s most congested highways and help local, state, and federal governments target funding to areas most in need of relief. The data show ways to reduce chokepoints, lower emissions, and drive economic growth, according to the researchers.

Keep ReadingShow less