I hope the uncertainty, fear, and negative impact of the current COVID-19 pandemic fade fast. The entire world has been affected, yet we have seen an incredible surge of collaboration, innovation, and planning.
I am an optimist and always look for the silver lining, and one of them is this ... we have seen the words "supply chain" become part of daily commentary on a mass scale. Those that had never uttered the terms before are now hyper-aware of things like inventory and demand planning and this cool thing we at the Council of Supply Chain Management Professionals (CSCMP) know of as supply chain.
The awareness of what goes on within today's supply chain has changed and will prove beneficial to our industry and the professionals serving within it for a long time to come.
With the pandemic disrupting supply chains, industry professionals have an opportunity to create innovative solutions and rewrite the future supply chain landscape. All organizations, in all industries, in all parts of the world need to step up their confidence and competence in their supply chain activities.
Where to start?
Engage with CSCMP. We are the global group you need to be part of to begin taking supply chain management seriously.
We also plan to have our EDGE conference this September 20-23 in Orlando, Florida, and you can bet the discussions will focus on COVID-19 and the disruption the world is currently facing, but these conversations will be constructive and impactful, demonstrating why we must gather, exchange ideas, and create new ways to work together.
We will prove that supply chain professionals always get it done.
Rick Blasgen is President and Chief Executive Officer of the Council of Supply Chain Management Professionals (CSCMP).
Thursday, April 23, 2020 ︱11am CDT
Managing the constant change of today's global supply chains is all in a day’s work for supply chain professionals, but success doesn’t happen without thoughtful planning. Understanding the potential risks in your global supply chain requires knowledge of both industry changes as well as macroeconomic, political, and social issues.
Join The Global Supply Chain Institute, The Council of Supply Chain Management Professionals, and IHS Markit to discuss how the EPIC Global Supply Chain Risk Assessment Report addresses all the complex situations within supply chain. Register today!
The 2020 Third-Party Logistics Study was presented at the 2019 CSCMP EDGE conference. Here are key insights from a pre-coronavirus marketplace that still ring true today:
- When shippers turn to 3PLs for supply chain improvements, what is their biggest need? That would be technology. Top 3PLs have already built out a robust tech infrastructure that contains the right tools for the job.
- What are top challenges in the modern supply chain? E-commerce growth; economic uncertainty; the truck driver shortage; disruptive technologies; relationship necessities, namely supply chain alignment strategies; and competitive challenges.
- How analytics fit into the supply chain. The five most common referred-to types are: descriptive; diagnostic; predictive; prescriptive and using cognitive/artificial intelligence/machine learning, to identify patterns of activity. In the study 95% of shippers and 99% of 3PLs agree that analytics are a necessary element of 3PL expertise. But, only 26% of shippers and 27% of 3PLs are satisfied with current analytic capabilities. The issues rest with the ways to create clean and useful data, and insufficient resources to best utilize analytics.
- Why is there an analytics gap? A big roadblock is when the shipper and 3PL are not in total agreement on a strategic plan on the best use of analytics: what is the need and how to best serve it? Many shippers currently employ legacy systems.
- As geopolitical volatility affects global operations, supply chain finance is becoming critical. It revealed that 26% of shippers employ a supply chain finance professional at the vice president level; 31% report having someone with the director title. For shippers, their top supply chain finance costs are freight payment audit (72%), total landed cost (57%) and letters of credit (37%). For 3PLs, top supply chain finance costs are freight payment audit (71%), letters of credit (39%) and open accounts (36%).
- The greening of the supply chain continues on. The top reasons are regulatory requirements, public perception and cost savings. For shippers: optimization, such as route and load (76%); tracking and reporting emissions (42%); voluntary programs (38%) like the U.S. EPA SmartWay program; and the use of alternative fuels (16%). For 3PLs: optimization (78%); voluntary programs (63%); tracking and reporting emissions (39%); and using alternative fuels (19%).
If you didn't get to attend this session at EDGE 2019, you are in luck!
CSCMP, Infosys Consulting, Penn State University and Penske Logistics will be hosting a webinar to present the report to CSCMP members.
The webinar presentation will be Thursday, May 21, 2020 at 11am CDT
. Register today!
The publication, available at no cost at www.3PLStudy.com
, is created and supported by Infosys Consulting, Penn State University and Penske Logistics.
As COVID-19 continues to spread and the resulting social distancing measures influence the supply and demand of goods, shippers need to quickly adapt to changes in the market. Headlines about the impacts of this pandemic have flooded inboxes, news outlets, and research while experts across the globe continue to try to make sense of this uncertain landscape.
Cut through the noise with three key points that illustrate how shippers can plan and navigate the COVID-19 landscape.
CSCMP extends a thank you to Heather Mueller, COO of Breakthrough, a CSCMP Corporate Member, for contributing this Hot Topic.
The Young Professionals Emerging Leader Award was created to recognize up-and-coming leaders in the supply chain management field for their meaningful contributions to – and future influence on – the profession, and CSCMP is pleased to announce the recipients of the 2020 Emerging Leader Award:
- Courtney Cook, eCommerce Operations Manager at Hallmark Cards, Inc.
- Orlando Gillespie, Founder & CEO of Supply Chain Collaborative Consulting Consortium (SC4 Consulting)
The winners will be recognized on stage during the Opening General Session of CSCMP's EDGE Conference in Orlando, Florida on Monday, September 20, 2020. CSCMP's EDGE Conference is the largest event of its kind and the only event truly representing supply chain from end-to-end. For more information and registration details, visit cscmpedge.org
CSCMP is soliciting original academic cases for its ever-expanding, online case library. CSCMP seeks classroom-ready cases that explore all logistics and supply chain issues involving supply chain strategy and operations, as well as supply chain analysis and decision making.
CSCMP has a special interest in cases which address topics such as last mile delivery, impacts of emerging technologies, sustainability, ethical considerations in supply chains, food safety, humanitarian logistics, warehouse management, and urban logistics. In addition, CSCMP prefers cases with a financial focus, with emphasis on an accompanying dataset/database. Finally, the interest in these topics could be enhanced by specific attention to placement in a setting outside of the United States.
C.H. Robinson is one of the world’s largest, most connected logistics platforms solving logistics problems for companies across the globe and across industries, from the simple to the most complex.
Their technology is built by and for supply chain experts to bring faster, more meaningful improvements to our customers’ businesses.
Enhance Your Team with a CSCMP Custom Corporate Membership Package
CSCMP has membership, education, and event opportunities to help develop your team and remain competitive in today’s disruptive supply chain industry. Get access to best practices, up-to-date trends, and solutions to challenges from the people who know it best. Improve productivity, build skills, network, and increase your team’s supply chain knowledge.
April 24 | 11am CDT | Register today!
Rick Blagsen hosts Chris Pickett, Chief Strategy Officer of Coyote Logistics, to discuss how the Coronavirus Could Impact The US Truckload Market.
Topic: The outbreak of COVID-19 has caused unprecedented disruption to global supply chains and dramatically shifted supply and demand patterns throughout the U.S. truckload market. In Coyote’s Q1 Market forecast, Coyote Logistics CSO, Chris Pickett, discussed two potential scenarios for the 2020 truckload market — one with a recession, and one without. As widespread shelter-in-place orders stretch on, the recession scenario is looking more likely. Every week brings us further into uncharted territory — get the most up-to-date analysis from a supply chain thought leader.
May 1 | 11am CDT | Register today!
Gail Rutkowski hosts Candace Holowicki, Global Transportation & Logistics Sourcing Manager, Dayco Products and Kristen Lausman, Logistics Manager, Transportation - Morton Salt.
Transforming into a Culture of Continuous Improvement by Making Work Meaningful - a CSCMPodcast Episode.
Release date: Thursday, April 30
CSCMP President and CEO, Rick Blasgen and LeanCor CEO/Author/Speaker, Robert Martichenko will discuss the idea of a “human leader” – one who is focused on respecting people by fostering meaningful relationships with work and technology. When this happens, people are empowered to continuously improve and create more value. Transforming into this type of culture will be the primary role of future leaders.
LeanCor Future of Leadership Webinar Series: "Core Elements of a Cultural Transformation" – Part 1
Wednesday, May 20 ︱ 11AM CDT
In this first webinar of the “Future of Leadership Series,” Join Robert Martichenko as he explores the first two gears of a cultural transformation framework. 1) Transformation Alignment: Current State Alignment; Future State Alignment; and Roadmap Alignment. 2) Leadership Participation: Focused Leaders; Leadership Management Systems; and Aligned Decision Making. Register Now! LeanCor Future of Leadership Webinar Series: "Core Elements of a Cultural Transformation" – Part 2
Wednesday, June 10 ︱ 11AM CDT
In this second webinar of the “Future of Leadership Series,” Join Robert Martichenko as he explores the second two gears of a cultural transformation framework. 1) Team Member Success: Skilled Team Members; Meaningful Work Environments; and Team Members as Problem Solvers. 2) Process Ownership: Process Visibility & Performance; Process Discipline & Best Practices; and Relentless Continuous Improvement. Register Now!
The Fundamentals of Supply Chain︱June 3, 2020
Supply Chain is one of the fastest growing industries today. The Bureau of Labor Statistics has projected supply chain jobs to rise at twice the rate of all other jobs in the U.S. In this on-site training, led by Rick Blasgen, President and CEO of CSCMP, and Susie Bodnar, Director of Operations and Client Strategy at FourKites, learn the concepts and magnitude of a strong and properly integrated supply chain along with the important issues impacting the supply chain. Register today!
Supply Chain Leadership and Strategy︱June 4, 2020
Join Rick Blasgen, President and CEO of CSCMP, and Kevin Smith, President and CEO at Sustainable Supply Chain Consulting for a day of education on what it means to practice strategic leadership versus tactical management, defining your vision, and the functional connections within your organization and how a strong supply chain strategy translates to a strong overall business strategy. Register today!
Supply Chain Risk Management and Disaster Simulation︱November 5, 2020
Join Rick Blasgen, President and CEO of CSCMP, and Kathy Fulton, Executive Director of the American Logistics Aid Network (ALAN), for an interactive, game-based session in which you’ll play the role of an organization working hard to deliver food, water, and medicine to a community following a disruptive event. You’ll come away with a better understanding of how you and your business can improve outcomes for disaster survivors. Bring your smart phone or tablet to play along! Register today!
Register today for two CSCMP workshops and get 50% off the second workshop when you enter promo code: BOGO-M at checkout! (CSCMP Member Workshops $495, get two for $742.50.)
CSCMP's April Podcast features CSCMP's President and CEO, Rick Blasgen, Dale Rogers, ON Semiconductor Professor of Business at the Supply Chain Management department at Arizona State University and Zac Rogers, Assistant Professor of Operations and Supply Chain Management at Colorado State University. Click to access the podcast.
While much of the global economy has been negatively impacted by the COVID-19 outbreak and the associated fallout, according to the March 2020 Logistics Managers’ Index
, the logistics (and particularly transportation) industry appear to be holding strong. The overall LMI score of 58.9 is the highest level we have read in a year. This is up significantly from February when it registered at an all-time low of 52.6. This breaks a long-running trend as prior to this reading, the lowest 11 scores in the history of the index have all occurred within the last 11 months. This breaks a two-year trend of near-constant decreases in the overall index.
This growth has been driven primarily by increases in Transportation Prices (up 16.54 to 65.5), and Inventory Levels (up 7.0 points to 55.4), both of these metrics had displayed contraction in February. Relatedly, both Warehousing and Transportation Capacity are down significantly, having dropped 17.0 points and 8.12 points respectively. The lack of capacity and increase in Transportation Prices is likely due the inability of retailers to keep staple goods on the shelves, and suppliers rushing to replenish them.
Northwestern University Transportation Center (NUTC) is offering CSCMP members a discounted rate on their 3-day Spring 2020 Executive Education: Freight Transportation & Logistics program, Accelerating First to Last Mile, May 18 - 20 at NUTC’s headquarters on the Northwestern Unviersity campus in Evanston.
The program will focus on understanding the state of play, and learning successful strategies used by industry leaders to address challenges and leverage existing opportunities. CSCMP's President and CEO, Rick Blasgen is a featured speaker along with many others.
CSCMP members' discounted registration rate is $2,850.
The supply chain is the lifeline of all organizations, particularly for a company whose “hotel” moves from pier to pier at a certain hour – all of which can shift in the last minute port change. Carnival Corporation
, the world’s largest leisure travel company, will join a webinar to discuss its strategies for solving supply chain issues including parts mastering, jobs mastering, identifying varying price points that drive better vendor negotiations and more.
Webinar: Sailing Towards Global Data Alignment with Carnival Corporation
Tomorrow, Wednesday, April 22 at 11am EDTRegister Today!
CSCMP seeks to provide three complimentary* registrations to eligible active and veteran military members for the 2020 Annual Global Conference
– EDGE as well as one year of CSCMP membership and one SCPro™ Fundamentals Certification.
This program is ideal for military veterans or active military ready to begin transitioning to civilian life within the supply chain and logistics industry. Ideal candidates will also be located within two hours of the Orlando area as travel and accommodation costs are not covered by CSCMP. Applications will be accepted through May 15, 2020.
*CSCMP will cover all EDGE registration costs. This does not include housing accommodations or meals outside of what is provided within the conference.
Seize the opportunity to meet the brightest supply chain students by participating in the CSCMP Career Fair, held in conjunction with CSCMP’s EDGE 2020 Conference
. CSCMP’s Career Fair Schedule:
• Monday, September 21 (10:30am to 2:00pm and 4:30pm to 6:30pm)
• Tuesday, September 22 (10:30am to 2:00pm)
Reservations are now available for the Gaylord Palms Resort & Convention Center, the site of EDGE 2020! CSCMP has secured a rate of $242 single/double occupancy, plus applicable state, local and any occupancy taxes which are 14.5% (subject to change). The guest room rate includes the resort fee.
Check in: 4:00pm Check out: 11:00am
On-site parking: $24 USD daily plus applicable tax
Valet parking: $35 USD daily plus applicable tax
CSCMP designed the Supply Chain Exchange Exhibition
to provide a platform for companies and organizations to meet and partner with the right solutions provider. And guess what? Decision-makers from organizations like Amazon, Home Depot, Lowes, Walt Disney, Nike, and many more are attending EDGE 2020 in Orlando, Florida, September 20-23! Don’t miss the opportunity to connect with them by becoming a vendor of the Supply Chain Exchange.
New for 2020 – The Innovation Stage. Think of this as a “Shark Tank” type of presentation taking place on our centrally located stage. Sessions will be held on Sunday, Monday, and Tuesday with each session allowing for a 15-minute demonstration followed by a 5-minute Q&A.
As a Supply Chain Exchange participant, you can:
• Display your innovative products to 3,000+ leaders spanning the end-to-end supply chain;
• Establish your products and services as the solution for organizations’ pain points;
• Reconnect with longtime customers and continue fostering these relationships; and
• Establish new contacts and develop potential new business.
Don’t miss out on showing off your products and services to the right folks. Sign up today before we sell out of premium exhibit space!
CSCMP has limited space available for affiliates at the Gaylord Palms Resort & Convention Center. All event space requests must be submitted to CSCMP and may not be booked directly with the Gaylord Palms or with the restaurants on their property.
If you are interested in requesting event space, please visit here
for more information.