Supply Chain Monthly

“Our members tell us that now, more than ever before, that the very notion of embedding sustainable practices from within their company’s supply chain delivers real, tangible results.” - Mark Baxa, CEO and President

 

The 2021 State of Supply Chain Sustainability Report, released July 14, explores how supply chain sustainability (SCS) practices are being implemented globally and what that means for professionals, enterprises, industries and the planet. The report is a collaboration between The MIT Center for Transportation & Logistics (MIT CTL) and the Council of Supply Chain Management Professionals (CSCMP) and sponsored by BlueYonder, C.H. Robinson, KPMG, Intel, and Sam’s Club.

 

The report findings are beginning to shed light on how supply chains are becoming increasingly recognized for their impact on a firms’ sustainability objectives and public image. “Our members tell us that now, more than ever before, that the very notion of embedding sustainable practices from within their company’s supply chain delivers real, tangible results.” said Mark Baxa, CSCMP President and CEO. “Competing in today’s global marketplace is not just about the high-quality products supply chains plan, procure, make and deliver. It’s about doing the right things right for the whole of society.”

Although there are many approaches to investing in SCS according to the report, interest in human rights protection, worker welfare and safety, and energy savings & renewable energy increased significantly over the past year. Supplier development was found to be the most common mechanism used by firms to deliver on their SCS promises. 

 

To succeed in the future, supply chain professionals will need to be comfortable working in a digitally enabled supply chain that moves quickly and reacts with agility. Yet at most companies, supply chain work and roles were not designed with these principles in mind.

 

If the events of the past year and a half have made anything clear, it’s that the supply chains of the future will need to be agile and digital, quickly managing change through the use of effective sense-and-respond capabilities. The pandemic has certainly pushed supply chains to their limits, leading many supply chain professionals to question how effective they are at identifying and reacting to disruptive events (see Figure 1). Now more than ever, agility is a key priority.

Take your supply chain career to the next level and get SCPro™ Certified. 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.

"I joined CSCMP in fall 2020 to prepare for an upcoming career change. I am new to supply chain and wanted to learn more about the industry and connect with other professionals. I have not been disappointed! Attend events and talk to other attendees! Despite spending more time at home because of the pandemic, I have attended events, gone on virtual factory tours, and met professionals from all over the world since joining CSCMP. Just because we can't leave home or travel as much as we did before, doesn't mean we can't continue growing and connecting."

"I joined CSCMP in February 2020, as a way to expand my network and take advantage of continuous learning opportunities. CSCMP is a great way to broaden your supply chain knowledge beyond your current functional role. Take advantage of all the resources CSCMP has to offer. There are always webinars touching on prevalent supply chain topics that you can relate back to your own work. Use the membership to leverage these learning opportunities. There are also an endless amount of supply chain professionals to connect with - don't be shy to reach out and connect with someone if you would like to know more about what they do." 

 

Michael was also showcased in CSCMP's Member Mondays series, watch it here.

Kroll, a firm with nearly 5,000 professionals in 30 countries and territories around the world, is the world’s premier provider of services and digital products related to governance, risk and transparency. 

Hyland a leading content services provider, offers a range of cloud-based technologies, solutions, and services that automate the workplace by improving how organizations manage information and processes allowing them greater freedom and flexibility to adapt to evolving business needs and customer demands at the speed of business. 

According to the June Logistics Manager’s Index Report^®, the overall LMI index is 75.0, up from May’s reading of 71.3, and is the secondhighest reading in the history of the index. This is the fifth consecutive month with a reading above 70.0. The thee-month moving average from April-June 2021 is 73.6, the highest in the history of the index—providing evidence that Q2 2021 is one of the most strenuous on record for the logistics industry. The cumulative effects of this ongoing growth are being felt by nearly every sector of the U.S. economy.

 

An excellent opportunity to meet colleagues and discuss and share new research, the ARS is proudly considered the foremost event for research in supply chain management and logistics (SCML). This event was created to bring scholars from around the world and from all disciplines into the SCML discussion.
 
The Academic Research Symposium (ARS) takes place on Saturday, September 18, from 1:00 pm – 8:30 pm EDT and Sunday, September 19, from 7:00 am to 5:00 pm EDT. Your EDGE 2021 registration includes the ARS, however if you only plan to attend the ARS, you can register separately.
 
Saturday afternoon will kick off with a case study workshop and a practitioner panel and end with the Meet the Academics Reception. Sunday will be full of research, teaching innovation and poster presentations.
 
Register for ARS only OR Register for EDGE 2021 & ARS today!