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

hurricane milton rainfall forecast map florida

Supply chain networks prep for delays as Milton storms in

Hurricane Milton was just beginning to unleash its slashing wind and pouring rain on Florida’s western coast on Wednesday, but the supply chain disruptions caused by the enormous storm have already been unfolding for days.

For example, millions of residents and workers in the Tampa region have now left their homes and jobs, heeding increasingly dire evacuation warnings from state officials. They’re fleeing the estimated 10 to 20 feet of storm surge that is forecast to swamp the area, due to Hurricane Milton’s status as the strongest hurricane in the Gulf since Rita in 2005, the fifth-strongest Atlantic hurricane based on pressure, and the sixth-strongest Atlantic hurricane based on its peak winds, according to market data provider Industrial Info Resources.

Keep ReadingShow less

Featured

robots working in factories

North American manufacturers cut back on robot orders in Q1 and Q2

The North American robotics market saw a decline in both units ordered (down 7.9% to 15,705 units) and revenue (down 6.8% to $982.83 million) during the first half of 2024 compared to the same period in 2023, as North American manufacturers faced ongoing economic headwinds, according to a report from the Association for Advancing Automation (A3).

“Rising inflation and borrowing costs have dampened spending on robotics, with many companies opting to delay major investments,” said Jeff Burnstein, president, A3. “Despite these challenges, the push for operational efficiency and workforce augmentation continues to drive demand for robotics in industries such as food and consumer goods and life sciences, among others. As companies navigate labor shortages and increased production costs, the role of automation is becoming ever more critical in maintaining global competitiveness.”

Keep ReadingShow less
weather map florida and hurricane milton

Hurricane Milton takes aim at weary Florida

The warm waters of the Gulf of Mexico are brewing up another massive storm this week that is on track to smash into the western coast of Florida by Wednesday morning, bringing a consecutive round of storm surge and damaging winds to the storm-weary state.

Before reaching the U.S., Hurricane Milton will rake the northern coast of Mexico’s Yucatan Peninsula with dangerous weather. But hurricane watches are already in effect for parts of Florida, which could see heavy rainfall, flash and urban flooding, and moderate to major river floods, according to forecasts from the National Oceanic and Atmospheric Administration (NOAA).

Keep ReadingShow less
chart of number of containerships off east coast ports

East Coast ports work through hefty backlog of containers

Shippers and carriers at ports along the East and Gulf coasts today are working through a backlog of stranded containers stuck on ships at sea, now that dockworkers and port operators have agreed to a tentative deal that ends the dockworkers strike.

The agreement between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance Ltd. (USMX) hinges on a compromise deal on wage hikes and returns both parties to the negotiating table to hammer out a remaining debate over automation by a new deadline of January 15, 2025.

Keep ReadingShow less
Logistics activity expanded in September
LMI/CSCMP

Logistics activity expanded in September

Economic activity in the logistics industry expanded for the 10th straight month in September, reaching its highest reading in two years, according to the latest Logistics Managers’ Index (LMI) report, released this week.

The LMI registered 58.6, up more than two points from August’s reading and its highest level since September 2022.

Keep ReadingShow less