Supply Chain Monthly

In CSCMP’s Supply Chain Quarterly’s Fourth Annual Salary Survey, overall job satisfaction dipped slightly from the previous year. While the study didn’t dig into the causes of that decline, it’s worth noting that more than three-quarters (77%) of the respondents also reported that they had taken on additional job responsibilities over the past three years.

The CSCMP Executive Supply Chain Academy, developed by CSCMP and Chi Studios, is designed for high-potential supply chain executives ready to take their leadership skills to the next level. This leadership program provides the foundation to solve today’s biggest challenges in a facilitated, collaborative environment, surrounded by peers, innovators, and thought leaders. The program is limited to 40 seats with virtual and in-person sessions beginning January 2024. Early applications are now being accepted through October 5, 2023.

The Council of Supply Chain Management Professionals (CSCMP) and Supply Chain Quarterly (SCQ) bring you a new series-based podcast filled with more content, SCM exposure, and pinpointed, deep industry discussions with top thought innovators from the end-to-end supply chain. In themed, multi-episode series, the new weekly podcast, Supply Chain in the Fast Lane, fast tracks topics you need to know from leaders you want to know.

In episode 7, Peter Lunenfeld, Chief Technology Officer at the freight marketplace Truckstop, discusses the evolution of freight-matching technology and what effect generative AI might make on the space in the future.

The year 2030 is not a long way off. During the current decade, supply chain professionals will encounter many challenges and rapid change. It is important to assess issues and challenges, capabilities and technologies that will shape supply chains and drive success over the coming years.  

 

 

A team of experts from Auburn University is partnering with premier professional organizations: CSCMP and AGiLE Business Media (publisher of DC Velocity & CSCMP’s Supply Chain Quarterly) to undertake the L-2030 study. 

 

All respondents who complete the survey will receive a complimentary copy of our L-2030 report on Manufacturing. Additionally, the first 100 respondents to complete the survey, will be entered into a random drawing for one of four $100 gift cards. 

 

The resulting information will be disseminated through a CSCMP industry report, a webinar, and articles in CSCMP's Supply Chain Quarterly and DC Velocity. View past reports here.

"I joined CSCMP in 2021. I joined to be connected to supply chain professionals and keep up on the latest trends/challenges and opportunities. I do believe supply chain management is one of the most rewarding careers you can have and continue to support others in their pursuit of supply chain excellence. Supply chain has something for everyone and helping others grow their understanding is also a reason I joined CSCMP. Get involved. Attend roundtables. Go to the annual conference. Share your wisdom and experiences. Sign up for the newsletters to keep abreast of latest news and trends. The most valuable experience I have had is attending the annual conference, but also getting involved in the local roundtable."

"I joined CSCMP in the fall of 2021. I wanted to meet other supply chain professionals and grow my knowledge about the different aspects of the industry. I have spent my career working for a carrier and there are so many other pieces of the pie when it comes to supply chain. Go to as many local roundtables as possible and connect with people. I really enjoy the tours at my local roundtable and end up learning a ton. Get to know the leaders at your local roundtable. They usually have a lot of experience in the industry."

The new series releases each Monday on CSCMPtv and across social media with an in-depth discussion where CSCMP members share how our growing association has benefited them on their diverse supply chain career paths.
 
We're learning so much from these engaging stories and think you will too.
 
Watch this episode with CSCMP Member Heather Lane today and stay tuned for more Member Mondays!

Join industry leaders representing North America, South Africa, Central America, and Europe in a fascinating discussion of the emerging trends, pressing challenges, and exciting opportunities facing the global supply chain industry in 2023! The Global Supply Chain Insights webinar will take place August 23 at 11am CT.

In July the Logistics Manager’s Index read in at 45.4. This is not only the third consecutive month of contraction for the overall index, but also the fifth consecutive month that the index has reached a new all-time low.

 

Currently inventory levels are at their lowest point in the history of the index, down (-1.0) from June’s reading and contracting at a rate of 41.9. Working through the bulge of inventories that firms had in 2022 was a lengthy process, and according to July’s results, still ongoing for Upstream respondents (Downstream Inventory Levels ticked up slightly).

 

We continue to see very different outcomes for the overall economy and the logistics industry. This dichotomy is most clearly seen in employment figures. While 209,000 workers were added in June, 14,000 freight and parcel carriers were cut and 6,900 warehousing and storage jobs were lost. In the past we would expect to see transportation and warehousing ramping up hiring in late summer ahead of peak season. However, analysts do not see the same “urgency” towards hiring in the logistics industry so far this year.

 

Decreasing inventories have led to slowing rates of growth for both Warehousing Utilization and Warehousing Prices, with Warehousing Capacity increasing. Interestingly, we do see the rate of growth for Transportation Capacity slowing while Transportation Prices decline at their slowest rate since April. Warehousing metrics are still buoying the overall index, but they are softening as transportation metrics are beginning to stiffen.

We are thrilled to announce that John S. Phillips, SVP Customer Supply Chain & Go-To-Market at PepsiCo, will be gracing EDGE 2023 as our Tuesday Closing Keynote Speaker. With over 35 years of invaluable experience at PepsiCo, John is a true visionary in the industry, and he's eager to share his expertise with you.

 

Prepare to embark on a thought-provoking journey as John delves into the world of "VUCA" in supply chain—volatility, uncertainty, complexity, and ambiguity. The last few years have redefined the landscape of work, emphasizing labor's pivotal role in the consumer value chain. In his session, "Navigating the VUCA Supply Chain in the Post Pandemic Era," John will shed light on how the pandemic reshaped work-life balance and revolutionized the expectations for employers and employees alike.

 

EDGE 2023 is not your average conference—it's a game-changer. Connect and reunite with your global supply chain community, and gain exclusive insights into the latest innovations, strategies, and best practices shaping the industry. Don't miss this transformative event that will redefine your supply chain journey.

Get ready for an extraordinary experience at the EDGE 2023 Supply Chain Exchange! Our exhibitors are pulling out all the stops to bring you an array of exciting experiences that will leave you thrilled and delighted.

The Puppy Play Park is a haven for dog lovers, where you can spend quality time playing, cuddling, and making new furry friends. These lovable pups are here to brighten your day and fill it with wagging tails and puppy kisses!

 

Quench your thirst and boost your energy with Orange Juice and indulge in the finest coffee creations at the Latte and Espresso Stations. Need a sweet treat? Don't miss the chance to savor the mouthwatering Salt Water Taffy.

Looking for something with a little more kick? Head over to the Whiskey Bar, to tantalize your palate and elevate your spirits. Cheers to a great time!

 

Get your adrenaline pumping with the F4 Car and Simulator, offering you a heart-racing experience of high-speed thrills and exhilarating maneuvers.

With all these incredible offerings, the EDGE 2023 Supply Chain Exchange promises not only a cutting-edge business experience but also an unforgettable journey of excitement and delight.