Supply Chain Monthly

The Young Professionals Emerging Leader Award (ELA) recognizes up-and-coming leaders in the supply chain management field for their meaningful contributions to the profession. Help us acknowledge deserving candidates by nominating an outstanding young professional you know!

 

Shine the spotlight on a rising star of your acquaintance—or yourself!—who’s deserving of recognition for their career achievements. CSCMP aims to reward the talent, potential and commitment of these top performers on a global scale.

 

The deadline for nominations is May 1, 2019. The final winner(s) are formally awarded live in front of 3,000+ supply chain professionals at CSCMP EDGE 2019 in Anaheim, CA, on September 15-18.

You’ve had a successful college career, received your degree, and have a great job lined up; but this can be an overwhelming transition as you enter a new phase of your life, make new relationships, and many times get used to a new city. When entering your new role, the first 90 days is a critical time for you to set your trajectory within your organization and your career.

 

In this webinar, Ben Green – Director of Corporate Services at LeanCor will share his perspective on how to hit the ground running in your first 90 days. Topics discussed will include relationship-building, the learning process, personal branding, job responsibilities, orientation to the role, and development opportunities.

 

Ben is also a frequent speaker for professional organizations and an instructor for the Georgia Tech Supply Chain and Logistics Institute. Ben has a degree in Business Administration & Human Resources from Thomas More College. He is a certified Six Sigma Green Belt.

Get the latest issue of the Logistics Manager Index (LMI). The LMI is calculated using a diffusion index, in which any reading above 50 percent indicates that logistics is expanding; a reading below 50 percent is indicative of a shrinking logistics industry.

 

The LMI score is a combination of all of the other components that make up the index including inventory levels and costs, warehousing capacity, utilization, and prices, and transportation capacity, utilization, and prices.

 

Warehousing Capacity held steady (up 1.42 to 50.0) in March, and Warehouse Prices are up (+4.34). It has become more expensive to store inventory so firms may be cutting back.

Consistent with recent analysis by the Federal Reserve firms may be responding to an economic slowdown in the first quarter of 2019. Whether inventories will be built back up if Warehouse Prices stabilize or consumer sentiment improves remains to be seen.  

Transportation metrics have been the most dynamic over the history of the LMI®. Transportation Capacity is growing, but at a slightly slower rate than February (-0.54). Prior to this month’s stabilization, it had increased in every period since reaching a nadir of 30.1 in March/April 2018. The rate of growth for Transportation Costs has decreased for the fifth consecutive period (-1.70), and is down significantly from its peak of 95.8 in March/April 2018. As presented in the figure below, the difference between these two metrics was 65 points a year ago, and only 4 points today.