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.
CSCMP partners with the academic community and with various associations and organizations to cosponsor seminars and courses to benefit all levels of supply chain professionals. Seminars range from a one-day event with a single-topic focus to a five-day executive development course. The content offerings vary as well, reaching a diverse segment of the supply chain and logistics population. CSCMP members receive reduced registration rates on all CSCMP-cosponsored events.
Programs: The Ohio State University
University of Wisconsin
The University of Tennessee
Vanderbilt University
Pennsylvania State University
Lehigh University
Georgia Institute of Technology
VICS
LeanCor
Students and professionals in India no longer have to leave the country to take exams administered by the International Supply Chain Education Alliance (ISCEA). ISCEA has formed a partnership with India's Rai Business School (RBS) to offer its certification exams at RBS locations.
Candidates will be able to take exams in India for the following ISCEA certifications: certified supply chain analyst (CSCA), certified supply chain manager (CSCM), certified RFID supply chain manager (RFIDSCM), and certified lean master (CLM). ISCEA will also offer exams for the Theory of Constraints International Certification Organization's (TOCICO's) theory of constraints certification.
Program: ISCEA Certification Exams Locations: Rai Business School locations (Delhi, Faridabad, Gugaon, Mumbai, Hyderabad, Bangalore, Bhopal, Kochi, Raipur, and Chennai) Dates: February 16; April 19; June 21; August 16; October 18 (all 2008) Info:www.iscea.com
The world is your classroom at Georgia Tech
Georgia Tech's Executive Master's in Logistics program is international in both scope and location. The 18-month program includes five two-week residences: two at Georgia Tech's campus in Atlanta, Georgia, and the others in Europe, Asia, and Latin America.
In between residences, students participate in distance learning courses. This allows them to remain on the job while learning how to reduce logistics costs and streamline their supply chains.
The curriculum applies engineering, technology, and business strategy to international supply chains and includes lectures, case studies, group projects, and meetings with government officials.
Program: Georgia Tech's Executive Master's in Logistics program Location: Atlanta, Georgia, USA; foreign residences; and distance learning Application deadline: November 15, 2007 Classes start: January 2009 Info:www.emil.gatech.edu
Australian school offers postgrad programs
The University of Technology Sydney (UTS) offers three levels of postgraduate education in value (supply) chain management: a graduate certificate, a graduate diploma, and a master's of business degree.
The graduate certificate provides an introduction to business operations management. The fourcourse program covers management skills, strategic supply chain management, business excellence, and value chain management. The graduate diploma extends the graduate certificate by allowing participants to specialize. Students can choose from elective courses such as manufacturing management, service operations management, and computer-based information systems for managers.
The master's degree provides professionals with advanced value chain management skills and knowledge, and prepares them for senior management roles and responsibilities. The master's degree offers a greater range of electives than the other programs and includes the opportunity to complete a management project.
Program: University of Technology Sydney Value Chain Management programs Location: Sydney, Australia Application deadline: October 31, 2007 Classes start: February 25, 2008 Info:www.gsb.uts.edu.au/management/ supply_chain_management
VICS offers certification program
Mastering the ins and outs of collaborative planning, forecasting, and replenishment (CPFR) can, at first, seem overwhelming. Fortunately, the Voluntary Interindustry Commerce Solutions (VICS), the organization responsible for creating the concept, offers a certification program. This program is endorsed by the Council of Supply Chain Management Professionals.
The program consists of six interactive workshop sessions that draw heavily on best practice case studies: change management; setting the stage for collaboration and scorecards; maximizing performance by measuring results—the CPFR ROI Calculator; data synchronization— best practices and protocols; The CPFR Model—from pilot to profit; and The CPFR onboarding and roles responsibility matrix.
The program is designed for retailers and vendor community suppliers and will be particularly beneficial for category analysts and managers as well as sales, marketing, and supply chain professionals. To receive the certification, individuals must complete the course materials and pass a formal examination administered by VICS.
Program: VICS CPFR Certification Program Location: Lawrenceville, New Jersey, USA Dates: November 13-15, 200 Info:www.vics.org/education
Online courses put education at your fingertips
Here's another way to expand your supply chain horizons right from your desk. Corporate training specialist Supply Chain Online offers six course modules covering topics like supply chain strategies, product and process design, and performance measurement.
With the exception of the 30-minute introduction module, classes take one to two hours to complete and cost US $60. The modules were developed by Warren H. Hausman, founder of Supply Chain Seminars and a professor in the Department of Management Science and Engineering at Stanford University.
Program: Supply Chain Online corporate training modules Courses:Course Introduction
Supply Chain Strategies I
Supply Chain Strategies II
Internet Technologies and Supply Chain Management
Performance Measures for Supply Chain Management
Product and Process Design for Supply Chain Management Info:www.supplychainonline.com
Residents and businesses along the Florida panhandle today are keeping a close eye on Tropical Storm Helene, which is forecasted to strengthen into a major hurricane by the time it strikes the northeast Gulf Coast on Thursday.
Hurricane and storm surge watches are already in effect for that area, which could see heavy rain and flash flooding across portions of Florida, the Southeast U.S., Southern Appalachians, and the Tennessee Valley, according to predictions from the National Hurricane Center.
The storm would come a month after Hurricane Debby delivered drenching rainfall for days over Florida in August and after Hurricane Beryl hit Houston in July, knocking out power across the region.
As Helene continues to gather strength from the warm waters of the Gulf of Mexico, experts are warning that the storm’s impacts could include the Port of New Orleans, agricultural operations throughout the Southeast, and additional citrus and fruit farming business in Florida, according to a report from Everstream Analytics’ chief meteorologist Jon Davis.
From a supply chain perspective, additional disruptions could include rail and road transportation stoppages, closures of interstate highways I-10 and I-75, widespread power outages, and shutdowns of offshore energy operations in the eastern portion of the Gulf of Mexico, Davis said.
As the third potential hurricane to hit the area within as many months, the arrival of Helene shows that extreme weather events aren’t just anomalies, but rather they’re the new normal for shipping companies and port authorities, according to Frank Kenney, Director of Industry Strategy at the technology consulting firm Cleo.
To cope with that constant battering, businesses need to adopt a new mindset, he said. “The only way to keep supply chains running smoothly is to build resilience into every aspect of operations. This starts with diversifying logistics strategies. If a shipper is dependent on a single route or port, they’re setting themself up for trouble. Instead, it’s crucial to have multiple backup routes and options ready to deploy when the unexpected happens,” Kenney said.
Following that strategy, inland ports such as Savannah and Macon, Georgia, will likely gain importance in coming years since their locations offer proximity to ocean ports while also providing access to major highways and some protection from coastal flooding. “In short, the storm isn’t going away, but by embracing diversification, leveraging technology, and ensuring supply chain visibility, U.S. ports and shipping companies can stay ahead of the curve. The companies that prepare for these challenges now will be the ones that continue to thrive, no matter how extreme weather events rock the boat," Kenney said.
Container imports at U.S. ports are seeing another busy month as retailers and manufacturers hustle to get their orders into the country ahead of a potential labor strike that could stop operations at East Coast and Gulf Coast ports as soon as October 1.
Less than two weeks from now, the existing contract between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance covering East and Gulf Coast ports is set to expire. With negotiations hung up on issues like wages and automation, the ILA has threatened to put its 85,000 members on strike if a new contract is not reached by then, prompting business groups like the National Retail Federation (NRF) to call for both sides to reach an agreement.
But until such an agreement is reached, importers are playing it safe and accelerating their plans. “Import levels are being impacted by concerns about the potential East and Gulf Coast port strike,” Hackett Associates Founder Ben Hackett said in a release. “This has caused some cargo owners to bring forward shipments, bumping up June-through-September imports. In addition, some importers are weighing the decision to bring forward some goods, particularly from China, that could be impacted by rising tariffs following the election.”
The stakes are high, since a potential strike would come at a sensitive time when businesses are already facing other global supply chain disruptions, according to FourKites’ Mike DeAngelis, senior director of international solutions. “We're facing a perfect storm — with the Red Sea disruptions preventing normal access to the Suez Canal and the Panama Canal’s still-reduced capacity, an ILA strike would effectively choke off major arteries of global trade,” DeAngelis said in a statement.
Although West Coast and Canadian ports would see a surge in traffic if the strike occurs, they cannot absorb all the volume from the East and Gulf Coast ports. And the influx of freight there could cause weeks, if not months-long backlogs, even after the strikes end, reshaping shipping patterns well into 2025, DeAngelis said.
With an eye on those consequences, importers are also looking at more creative contingency plans, such as turning to air freight, west coast ports, or intermodal combinations of rail and truck modes, according to less than truckload (LTL) carrier Averitt Express.
“While some importers and exporters have already rerouted shipments to West Coast ports or delayed shipping altogether, there are still significant volumes of cargo en route to the East and Gulf Coast ports that cannot be rerouted. Unfortunately, once cargo is on a vessel, it becomes virtually impossible to change its destination, leaving shippers with limited options for those shipments,” Averitt said in a release.
However, one silver lining for coping with a potential strike is that prevailing global supply chain turbulence has already prompted many U.S. companies to stock up for bad weather, said Christian Roeloffs, co-founder and CEO of Container xChange.
"While the threat of strikes looms large, it’s important to note that U.S. inventories are currently strong due to the pulling forward of orders earlier this year to avoid existing disruptions. This stockpile will act as an essential buffer, mitigating the risk of container rates spiking dramatically due to the strikes,” Roeloffs said.
In addition, forecasts for a fairly modest winter peak shopping season could take the edge off the impact of a strike. “With no significant signs of peak season demand strengthening, these strikes might not have as intense an impact as historically seen. However, the overall impact will largely depend on the duration of the strikes, with prolonged disruptions having the potential to intensify the implications for supply chains, leading to more pronounced bottlenecks and greater challenges in container availability, " he said.
A coalition of freight transport and cargo handling organizations is calling on countries to honor their existing resolutions to report the results of national container inspection programs, and for the International Maritime Organization (IMO) to publish those results.
Those two steps would help improve safety in the carriage of goods by sea, according to the Cargo Integrity Group (CIG), which is a is a partnership of industry associations seeking to raise awareness and greater uptake of the IMO/ILO/UNECE Code of Practice for Packing of Cargo Transport Units (2014) – often referred to as CTU Code.
According to the Cargo Integrity Group, member governments of the IMO adopted resolutions more than 20 years ago agreeing to conduct routine inspections of freight containers and the cargoes packed in them. But less than 5% of 167 national administrations covered by the agreement are regularly submitting the results of their inspections to IMO in publicly available form.
The low numbers of reports means that insufficient data is available for IMO or industry to draw reliable conclusions, fundamentally undermining their efforts to improve the safety and sustainability of shipments by sea, CIG said.
Meanwhile, the dangers posed by poorly packed, mis-handled, or mis-declared containerized shipments has been demonstrated again recently in a series of fires and explosions aboard container ships. Whilst the precise circumstances of those incidents remain under investigation, the Cargo Integrity Group says it is concerned that measures already in place to help identify possible weaknesses are not being fully implemented and that opportunities for improving compliance standards are being missed.
By the numbers, overall retail sales in August were up 0.1% seasonally adjusted month over month and up 2.1% unadjusted year over year. That compared with increases of 1.1% month over month and 2.9% year over year in July.
August’s core retail sales as defined by NRF — based on the Census data but excluding automobile dealers, gasoline stations and restaurants — were up 0.3% seasonally adjusted month over month and up 3.3% unadjusted year over year. Core retail sales were up 3.4% year over year for the first eight months of the year, in line with NRF’s forecast for 2024 retail sales to grow between 2.5% and 3.5% over 2023.
“These numbers show the continued resiliency of the American consumer,” NRF Chief Economist Jack Kleinhenz said in a release. “While sales growth decelerated from last month’s pace, there is little hint of consumer spending unraveling. Households have the underpinnings to spend as recent wage gains have outpaced inflation even though payroll growth saw a slowdown in July and August. Easing inflation is providing added spending capacity to cost-weary shoppers and the interest rate cuts expected to come from the Fed should help create a more positive environment for consumers in the future.”
The U.S., U.K., and Australia will strengthen supply chain resiliency by sharing data and taking joint actions under the terms of a pact signed last week, the three nations said.
The agreement creates a “Supply Chain Resilience Cooperation Group” designed to build resilience in priority supply chains and to enhance the members’ mutual ability to identify and address risks, threats, and disruptions, according to the U.K.’s Department for Business and Trade.
One of the top priorities for the new group is developing an early warning pilot focused on the telecommunications supply chain, which is essential for the three countries’ global, digitized economies, they said. By identifying and monitoring disruption risks to the telecommunications supply chain, this pilot will enhance all three countries’ knowledge of relevant vulnerabilities, criticality, and residual risks. It will also develop procedures for sharing this information and responding cooperatively to disruptions.
According to the U.S. Department of Homeland Security (DHS), the group chose that sector because telecommunications infrastructure is vital to the distribution of public safety information, emergency services, and the day to day lives of many citizens. For example, undersea fiberoptic cables carry over 95% of transoceanic data traffic without which smartphones, financial networks, and communications systems would cease to function reliably.
“The resilience of our critical supply chains is a homeland security and economic security imperative,” Secretary of Homeland Security Alejandro N. Mayorkas said in a release. “Collaboration with international partners allows us to anticipate and mitigate disruptions before they occur. Our new U.S.-U.K.-Australia Supply Chain Resilience Cooperation Group will help ensure that our communities continue to have the essential goods and services they need, when they need them.”