If you want to have a successful career as a supply chain professional, it's important that you focus on building and marketing an exceptional professional brand.
When we think about "brands," we generally think of consumer products and the companies that design and make them. Consider, for example, such well-known companies as Domino's Pizza, Volvo, and Apple. With Domino's, we think "fast," because we know we can be eating pizza 30 minutes after ordering it. When we hear Volvo, we think "safety." Apple we associate with "innovation." These associations—the images that emerge when we think of each company—are brands.
Companies carefully cultivate their brands in an effort to ensure that the impression they make on you is the one they desire you to have. When they are successful in creating a strong, desirable brand, it has "pull"; in other words, it prompts action on the part of the consumer. Apple has been especially successful in this regard, with consumers routinely standing in line to be among the first to buy the company's latest innovation.
People can have a brand, too. As an example, the late television news anchor Walter Cronkite's brand was "trustworthy and honest." If Walter Cronkite said it, you believed it. This doesn't apply only to celebrities. When you think about your co-workers, certain descriptors probably come to mind: the creative one; the analytical one; the organizer. These descriptors are shorthand for their professional brands.
Whether you know it or not, you have a brand. You have made an impression on people, and they have associations when they think of you. Those associations—your brand—should not be left to chance. If you want to have a successful career as a supply chain professional, it's important that you focus on building and marketing an exceptional professional brand.
The elements of a professional brand
What are the elements of an exceptional professional brand? Just as in the case of a corporate brand, the most important aspect of a professional brand is that it be **bold italic{distinctive and compelling.} It must signify capabilities and benefits that are not easily replicated elsewhere. Let's say you have a brand that includes "collaborative leader," and a project arises in your company that requires the accounting and supply chain organizations to work together for six months. Your collaborative leadership skills and supply chain knowledge would make you an ideal candidate for that potentially high-exposure project.
A good brand has a position in the market. That position occupies a space that is unique and easily identifiable, often called the "market niche." This is the area in which you excel.
A good brand has to be relevant. It does you no good to have a brand as "the class clown" when that has no relevance to your career in a logistics firm. On the other hand, if you are a monologue writer for "The Tonight Show," being the class clown would be highly relevant.
Your brand must be consistent. Whatever distinctive and compelling value your brand represents, you must provide that value consistently. For the supply chain professional, if your brand is "superior organization," you must demonstrate superior organizational skills not just when things are easy, but more importantly, during the most trying times: for example, when a key team member is out on family leave, or when your firm is reorganizing or acclimating to a merger.
Finally, brands need to be supported. They need cultivation and investment. When I was a child, I gave my dad Old Spice aftershave on Father's Day. Back then the brand was well-known and highly visible. But it languished until a few years ago when it received the necessary cultivation and investment to reinvigorate it, launching a brand campaign that has won awards and boosted sales with a whole new clientele. Cultivation and investment are necessary for professional brands, too. For example, to maintain a brand of "innovation" in supply chain management, you must invest your time in keeping up with the latest advances by reading relevant periodicals, attending conferences, and cultivating your network of industry peers.
Getting the brand you want
Wwhy does having a professional brand matter? Just as with consumer products, a good professional brand has "pull." It creates more recognition and opportunities. Your unique and compelling professional brand represents your essence as a business executive.
The first step in building your professional brand is to do a situation analysis. What is your current professional brand, and what is your desired brand?
You can start that process by developing a 10- to 15-word brand identity statement that includes the associations you want people to have. This exercise will require introspection and focus. It should concisely describe who you are, what you do, and how you benefit your organization or team. It should look at you from the viewpoint of your customers.
Next, find out what your brand currently is. This can be difficult because we are not objective about ourselves. We see our outward actions through the lens of our inner motivations and thoughts. Getting objective information from co-workers can be problematic as well. Co-workers may downplay your more outstanding qualities, both positive and negative, for a variety of reasons, including competitiveness, fear of hurt feelings, and so forth. Ideally, get someone you trust to be objective and thorough (perhaps someone in human resources, your manager, or an outside consultant) to interview people about your strengths and weaknesses. An anonymous survey is another way to get good input.
Once you have conducted appropriate research, some consensus on your professional qualities should reveal itself, and a profile of your current brand should emerge. Compare that brand profile to the brand identity statement you developed earlier. What do you need to change in order to get the brand you want? A "brand marketing plan" that identifies the tactics required to achieve the brand you desire will help you bridge the gap between your current brand and the one you want. This plan should address the key brand principles: distinctive and compelling; well-positioned; relevant to your audience; consistent; and supported.
Here's an example of how that might play out. Let's say your current profile describes you as "approachable, a good listener, and introverted." Your aspirational brand, however, is "approachable, a good listener, and an effective communicator." You want to be seen less as an introvert and more as someone who has something important to say. This change matches up with two of the key brand principles: it will make you distinctive and compelling, and it is relevant to your career.
Making that part of your brand is important because you know that people who give effective presentations and clearly convey your company's goals and strategies to their teams are given better opportunities sooner than those who do not. However, although you have consistently tried to be a good communicator, maybe that aspect of your brand is not coming across. By supporting this aspect with a development and communication plan, you may achieve your aspirational brand. In this case, your plan could include such simple tactics as summarizing what people say to you and repeating it back to them to ensure understanding ("So you are saying..."). It could include asking, "Was I clear?" "Do you have any questions?" or "Did we cover everything?" Or it could involve taking a course in public speaking or joining a group like Toastmasters International that will help you become a more polished and effective speaker.
A communication plan involves letting others know about your brand dimension. In this case it could include offering to give presentations inside the company or at industry functions. You could also volunteer to take on the role of liaison to other groups within the company, such as accounting or sales.
A well thought-out professional brand is a guidepost pointing in the direction you want to go. Brand building is a process that gets refined over time. The key is to begin that process right away; it will pay dividends today and in the future.
Just 29% of supply chain organizations have the competitive characteristics they’ll need for future readiness, according to a Gartner survey released Tuesday. The survey focused on how organizations are preparing for future challenges and to keep their supply chains competitive.
Gartner surveyed 579 supply chain practitioners to determine the capabilities needed to manage the “future drivers of influence” on supply chains, which include artificial intelligence (AI) achievement and the ability to navigate new trade policies. According to the survey, the five competitive characteristics are: agility, resilience, regionalization, integrated ecosystems, and integrated enterprise strategy.
The survey analysis identified “leaders” among the respondents as supply chain organizations that have already developed at least three of the five competitive characteristics necessary to address the top five drivers of supply chain’s future.
Less than a third have met that threshold.
“Leaders shared a commitment to preparation through long-term, deliberate strategies, while non-leaders were more often focused on short-term priorities,” Pierfrancesco Manenti, vice president analyst in Gartner’s Supply Chain practice, said in a statement announcing the survey results.
“Most leaders have yet to invest in the most advanced technologies (e.g. real-time visibility, digital supply chain twin), but plan to do so in the next three-to-five years,” Manenti also said in the statement. “Leaders see technology as an enabler to their overall business strategies, while non-leaders more often invest in technology first, without having fully established their foundational capabilities.”
As part of the survey, respondents were asked to identify the future drivers of influence on supply chain performance over the next three to five years. The top five drivers are: achievement capability of AI (74%); the amount of new ESG regulations and trade policies being released (67%); geopolitical fight/transition for power (65%); control over data (62%); and talent scarcity (59%).
The analysis also identified four unique profiles of supply chain organizations, based on what their leaders deem as the most crucial capabilities for empowering their organizations over the next three to five years.
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.
Second, return experiences matter to consumers. A whopping 80% of shoppers stopped shopping at a retailer because of changes to the return policy—a 34% increase YoY.
Third, returns fraud and abuse is top-of-mind-for retailers, with wardrobing rising 38% in 2024. In fact, over two thirds (69%) of shoppers admit to wardrobing, which is the practice of buying an item for a specific reason or event and returning it after use. Shoppers also practice bracketing, or purchasing an item in a variety of colors or sizes and then returning all the unwanted options.
Fourth, returns come with a steep cost in terms of sustainability, with returns amounting to 8.4 billion pounds of landfill waste in 2023 alone.
“As returns have become an integral part of the shopper experience, retailers must balance meeting sky-high expectations with rising costs, environmental impact, and fraudulent behaviors,” Amena Ali, CEO of Optoro, said in the firm’s “2024 Returns Unwrapped” report. “By understanding shoppers’ behaviors and preferences around returns, retailers can create returns experiences that embrace their needs while driving deeper loyalty and protecting their bottom line.”
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.
1. Optimize labor productivity and costs. Forward-thinking businesses are leveraging technology to get more done with fewer resources through approaches like slotting optimization, automation and robotics, and inventory visibility.
2. Maximize capacity with smart solutions. With e-commerce volumes rising, facilities need to handle more SKUs and orders without expanding their physical footprint. That can be achieved through high-density storage and dynamic throughput.
3. Streamline returns management. Returns are a growing challenge, thanks to the continued growth of e-commerce and the consumer practice of bracketing. Businesses can handle that with smarter reverse logistics processes like automated returns processing and reverse logistics visibility.
4. Accelerate order fulfillment with robotics. Robotic solutions are transforming the way orders are fulfilled, helping businesses meet customer expectations faster and more accurately than ever before by using autonomous mobile robots (AMRs and robotic picking.
5. Enhance end-of-line packaging. The final step in the supply chain is often the most visible to customers. So optimizing packaging processes can reduce costs, improve efficiency, and support sustainability goals through automated packaging systems and sustainability initiatives.
That clash has come as retailers have been hustling to adjust to pandemic swings like a renewed focus on e-commerce, then swiftly reimagining store experiences as foot traffic returned. But even as the dust settles from those changes, retailers are now facing renewed questions about how best to define their omnichannel strategy in a world where customers have increasing power and information.
The answer may come from a five-part strategy using integrated components to fortify omnichannel retail, EY said. The approach can unlock value and customer trust through great experiences, but only when implemented cohesively, not individually, EY warns.
The steps include:
1. Functional integration: Is your operating model and data infrastructure siloed between e-commerce and physical stores, or have you developed a cohesive unit centered around delivering seamless customer experience?
2. Customer insights: With consumer centricity at the heart of operations, are you analyzing all touch points to build a holistic view of preferences, behaviors, and buying patterns?
3. Next-generation inventory: Given the right customer insights, how are you utilizing advanced analytics to ensure inventory is optimized to meet demand precisely where and when it’s needed?
4. Distribution partnerships: Having ensured your customers find what they want where they want it, how are your distribution strategies adapting to deliver these choices to them swiftly and efficiently?
5. Real estate strategy: How is your real estate strategy interconnected with insights, inventory and distribution to enhance experience and maximize your footprint?
When approached cohesively, these efforts all build toward one overarching differentiator for retailers: a better customer experience that reaches from brand engagement and order placement through delivery and return, the EY study said. Amid continued volatility and an economy driven by complex customer demands, the retailers best set up to win are those that are striving to gain real-time visibility into stock levels, offer flexible fulfillment options and modernize merchandising through personalized and dynamic customer experiences.
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.
“Global trade is set to top $29 trillion by 2033, but the routes these goods will travel is changing at a remarkable pace,” Aparna Bharadwaj, managing director and partner at BCG, said in a release. “Trade lanes were already shifting from historical patterns and looming US tariffs will accelerate this. Navigating these new dynamics will be critical for any global business.”
To understand those changes, BCG modeled the direct impact of the 60/25/20 scenario (60% tariff on Chinese goods, a 25% on goods from Canada and Mexico, and a 20% on imports from all other countries). The results show that the tariffs would add $640 billion to the cost of importing goods from the top ten U.S. import nations, based on 2023 levels, unless alternative sources or suppliers are found.
In terms of product categories imported by the U.S., the greatest impact would be on imported auto parts and automotive vehicles, which would primarily affect trade with Mexico, the EU, and Japan. Consumer electronics, electrical machinery, and fashion goods would be most affected by higher tariffs on Chinese goods. Specifically, the report forecasts that a 60% tariff rate would add $61 billion to cost of importing consumer electronics products from China into the U.S.