A Special Message from CSCMP President & CEO Mark S. Baxa
On behalf of a grateful organization, I wish to thank you for your contributions and engagement throughout 2023. CSCMP celebrated its 60th anniversary this year, a legacy of people coming together to sustain CSCMP’s mission to connect, educate, and develop supply chain professionals throughout their careers. In this year alone, we rounded out the “learning and development” model under the SCPro™ brand, added in new products, including the new CSCMP Executive Supply Chain Leadership Academy, the Executive Inner Circle (EIC), and presented the first-of-its-kind report on the critical to digital success; State of the Global Semiconductor Supply Chain. These are just some of the additions in our member-advantage lineup. We also created the Centers of Excellence platform starting with Transportation and there will be much more in 2024! Above all, membership has grown to new levels, setting the stage for organizational growth and capability into the future. This holiday season, I wish you the very best and look forward to seeing what we can do together in the year ahead. Happy Holidays! Visit https://www.naylornetwork.com/cscm-nwl/articles/index.asp?aid=811788&issueID=100089 to view the full article online.
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The looming 2024 General Rate Increase (GRI) is almost here. Small package shippers around the United States are bracing themselves for one of the biggest price hikes we’ve seen in years. When it comes to parcel, it's easy to play defense. Carriers make changes, shippers make reactionary moves to help offset said changes. A never-ending cycle. But there's a lot more to this reactive pattern that meets the eye. Shippers, especially in today's parcel market, can play offense. Continue reading and we'll break down the 2024 GRI and uncover what carriers might not be eager to disclose to shippers like you
Thank you to CSCMP Corporate Member JT Nixon, Director of Parcel at LynnCo Logistics for sharing this Hot Topic! Visit https://cscmp.org/store/detail.aspx?id=HT23-LYNNDEC to view the full article online.
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One of today's most exciting applications of technology is in computer vision systems inside warehouses. Smart cameras capturing data and images can improve quality, productivity, and worker safety.
Thank you to CSCMP Corporate Member Holman Logistics for sharing this Hot Topic! Visit https://cscmp.org/store/detail.aspx?id=HT23-HOLMAN to view the full article online.
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Congratulations to our recent SCPro™ Level One Certification recipient, Connor Kelly, Governors State University.
SCPro™ Certification is a three-tiered program that assesses progressive knowledge and skills across integrated supply chain activities. This process validates an individual’s ability to strategically assess business challenges and effectively implement supply chain improvements through the analysis of real-world case studies and developing a comprehensive project plan to achieve results such as a positive ROI. Visit https://cscmp.org/CSCMP/Certification/SCPro_Certification_Overview/CSCMP/Certify/SCPro__Certification_Overview.aspx?hkey=8ab24593-6a59-4eef-bd55-f15e78094af5 to view the full article online.
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To preserve the history of some of the greatest, life-changing innovations and inventions from around the world and to honor the leaders who have made the supply chain management industry what it is today, we created CSCMP's Supply Chain Hall of Fame.
The Hall of Fame signifies the lifelong accomplishments of those members of our industry who have truly improved the world we live in. Congratulations to the 2023 Supply Chain Hall of Fame Inductee Lynn Fritz, Chairman and CEO of Fritz Companies. Visit https://cscmp.formstack.com/forms/2024_hall_of_fame_nomination_form to view the full article online.
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The Distinguished Service Award is the industry's most prestigious honor, bestowed upon an individual for significant achievements in the logistics and supply chain management industry. Presented annually, the award was instituted in 1965 as a tribute to logistics pioneer John Drury Sheahan.
Any individual who has made significant contributions to the fields of logistics and supply chain management are eligible to receive the Distinguished Service Award. Congratulations to the 2023 CSCMP Distinguished Service Award Recipient, Ted Stank. Visit https://cscmp.formstack.com/forms/cscmp_distinguished_service_award_2024 to view the full article online.
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Visit https://cscmp.formstack.com/forms/cscmp_transportation_excellence_award_2024 to view the full article online.
Visit https://na.eventscloud.com/eSites/scia2024/LOG%20IN to view the full article online.
Visit https://cscmp.formstack.com/forms/cscmp_emerging_leader_award_2024 to view the full article online.
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At EDGE 2023, CSCMP and CSCMP’s Supply Chain Quarterly launched an Innovations Awards Contest: The 3 V’s Business Innovation Award & Best Startup, which was presented at CSCMP’s EDGE 2023 Supply Chain Conference & Exhibition in the exchange’s Innovation Theater.
In honor of CSCMP’s 60th anniversary and the 25th anniversary of Art Mesher’s 3V’s Framework, the new contest complements the association’s foundation and mission to educate and develop supply chain professionals throughout their careers. The impact of Mesher’s 3 V’s Framework on the supply chain discipline has been immediate and lasting. The 3 V’s principles teach us to harness visibility, embrace variability, and compete on velocity. Over the years, these principles have been updated based on new developments to help guide companies worldwide. Mesher has also published numerous definitional structures of the concepts which have become industry standards. Congratulations to the 3V's Business Innovation Award winner, Cole Jones, Founder and CEO of Local Line Inc. Congratulations to the Best Overall Startup Winners: Brian Cristol, CEO and Co-Founder, and John Stauffer, COO and Co-Founder of Isometric Technologies. Visit https://www.naylornetwork.com/cscm-nwl/articles/index.asp?aid=811245&issueID=100089 to view the full article online.
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Congratulations to Katherine Sizov, CEO and Founder of Strella, for winning the Environmental, Social, and Governance (ESG) Award.
Visit https://www.naylornetwork.com/cscm-nwl/articles/index.asp?aid=811485&issueID=100089 to view the full article online.
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"Since the start of my career (back in the 80´s), I joined CLM working together up to the opening (and later on closing) of the Mexico City Chapter. Networking, without any doubt, is my advice for new members since you can validate updates with real practitioners and real companies (out of the theoretical matters of books, paper, webinars and alike). Getting to know some real leaders from successful companies and from the CSCMP itself is impactful."
Visit https://youtu.be/StqwOCiCKpQ to view the full article online.
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GLT Logistics is a third-party logistics company founded in Miami, Florida in 2002. The company focuses on developing logistics and transportation solutions to simplify the inland freight shipping process, helping their customers to reduce costs, enhance carrier service, and improve auditing practices to ensure correct freight bill charges. "Who wouldn't want to be a CSCMP Corporate Member? CSCMP is one of the elite organizations in our industry. We are convinced of the necessity of being surrounded by prestigious professionals who belong to this industry, allowing us to continue building a community of individuals focused on contributing to Logistics and developing new ideas, networks, and projects. GLT feels that CSCMP's network serves as a great window for this purpose." ─ Dan Kubart, Director of Market Development at GLT Logistics
Visit https://youtu.be/ruioBlrbVrA?si=DR1Ofbwqq9_ogoGg to view the full article online.
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Visit https://cscmp.org/CSCMP/Membership/Individual_Membership/CSCMP/Join/Individual_Membership.aspx?hkey=6dcb6fea-fe01-4960-a98c-4d0a9e5a1bf7 to view the full article online.
Visit https://cscmp.formstack.com/forms/meet_a_member_2024_application to view the full article online.
Visit https://cscmp.org/CSCMP/Membership/Corporate_Membership/CSCMP/Join/Corporate_Membership.aspx?hkey=79a06e6a-e919-482e-aaeb-249cd79fa3f6 to view the full article online.
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November’s Logistics Manager’s Index read in at 49.4, down (-7.1) from October’s reading of 56.5. This dip back into (very mild) contraction ends what had been three consecutive months of expanding rates of growth. The 7.1-point drop is the largest since the start of the ongoing downturn back in April 2022. However, the reason behind this decline is much different than the one from 19 months ago. November’s dip was largely triggered by a decline in Inventory Levels (-9.1) which is attributable to Q4 holiday sales and the subsequent dips in Warehousing Capacity (+3.6) and Transportation Capacity (+5.2) and slowdown in Warehousing Utilization (-14.0) and Transportation Utilization (-10.7). We saw a similar decline in utilization metrics back in April 2022, but in that instance, it was because inventories were holding still.
As with every report chronicling the month of November, we should begin the discussion with “Cyber Week” – the five-day period between Thanksgiving and Cyber Monday that has often functioned as the true kickoff to holiday spending. According to the National Retail Federation, 200.4 million shoppers made purchases between Thanksgiving and Cyber Monday. This was significantly higher than the predicted turnout. Consumers spent $12.4 billion on Cyber Monday and $38 billion in online sales across Cyber Week which is up 7.8% from 2022. The jump in sales at the end of the month is a potential explanation for the increase in activity we see in the second half of November. Visit https://www.naylornetwork.com/cscm-nwl/pdf/November_2023_LMI.pdf to view the full article online.
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February 5 - 7, 2024
Manifest Vegas is the premier global gathering for industry leaders, innovators and investors that strive to find solutions and cutting-edge logistics & supply chain technologies. Join over 4,500 of the most influential leaders in logistics technology to forge new relationships and foster new strategies to help move your business forward. Visit https://partner.manife.st/cscmp to view the full article online.
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CSCMP’s EDGE Supply Chain Conference & Exhibition™ is THE place where 2700+ end-to-end supply chain professionals unite to connect, solve supply chain challenges, and collect innovative ideas from industry experts that deliver results.
Network and join forces with your supply chain peers in Music City Nashville, Sept. 29 – Oct. 2, 2024. Visit https://www.cscmpedge.org/website/62261/home/ to view the full article online.
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Get your brand in front of thousands of supply chain management professionals in 2024. To learn more about available EDGE 2024 sponsorship opportunities email Chuck Martinez at Chuck@AdelfiGroup.com or call +1.305.661.2896 today.
Visit https://www.cscmpedge.org/website/62261/sponsorship-prospectus/ to view the full article online.
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Engage at the EDGE 2024 Supply Chain Exchange Exhibition and display your technologies and/or innovations in front of 2700+ supply chain decision makers. Secure your spot at this real-time, fully integrated event by contacting Halley LoBello and the EDGE team to learn more at halley@supplychainquarterly.com.
Visit https://www.cscmpedge.org/website/62261/exhibit-at-edge/ to view the full article online.
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