Supply Chain Monthly

A CSCMP and ToolsGroup Collaboration

The third annual study by the Council of Supply Chain Management Professionals (CSCMP) and ToolsGroup, a global leader in supply chain planning, has found that while more companies than ever (93%) are actively engaged in digital transformation, the people/skills deficit is the number one obstacle (52%) standing in the way of their efforts.

With respondents’ top growth investment for 2022 being “increasing recruitment and training efforts,” this year’s study reveals the profound effect that current labor shortages are having on digital supply chain transformation.

From January to March 2022, CSCMP and ToolsGroup surveyed more than 300 supply chain professionals around the world. While most companies started 2022 with a positive business outlook, they remain extremely concerned about external factors that have impacted supply chain planning strategies in the last two years. Supply chain delays (25%), surging inflation (24%) and escalating fulfillment costs (19%) top the list of external concerns. In comparison, respondents were less concerned about internal issues such as shorter product life cycles, risk of obsolescence, or more production options.

The coronavirus pandemic both created new problems and highlighted existing issues across the supply chain. This has been especially evident at the ports. Unrelenting port congestion—coupled with equipment shortages—has made importing goods an irritating headache at best and an expensive nightmare at worst.

Navigating today’s supply chain woes is not impossible, but it does require a new approach. Companies that have historically treated drayage and other inland transportation services as an afterthought will need to shift this mindset in order to survive in the current maritime environment.
 
Thank you to CSCMP Corporate Member Brian Kempisty of Port X Logistics for sharing this CSCMP Hot Topic.

Supply Chain in the Fast Lane, developed and hosted by The Council of Supply Chain Management Professionals (CSCMP) and Supply Chain Quarterly (SCQ), fast tracks topics you need to know from leaders you want to know.
 
Listen to the full State of Logistics series, sponsored by HERE, and stay tuned for our next series, Supply Chain Digitization, which releases this June.
 
Supply Chain in the Fast Lane is hosted on cscmp.org and SupplyChainQuarterly.com as well as Apple, Spotify, and all top podcast streaming services.

Congratulations to Professor John R. Macdonald, CSCMP's 2022 Academic Research Symposium Chair, for being awarded a prestigious Fulbright Scholarship! Visit LinkedIn today to share your support!
 
CSCMP's Academic Research Symposium (ARS) will take place Saturday, September 17, from 1:00 pm – 8:00 pm CDT and Sunday, September 18, from 9:00 am to 4:00 pm CDT. EDGE 2022 registration includes the ARS, however if you only plan to attend the ARS, you can register separately. Learn more about the Academic Research Symposium here.

The American Logistics Aid Network (ALAN) has officially opened nominations for its sixth annual Humanitarian Logistics Awards, and asks for your help in identifying some of this year’s most deserving honorees. 
 
“Many humanitarian efforts couldn’t happen or happen as well without the generosity of the commercial supply chain community,” said ALAN Executive Director Kathy Fulton. “These awards were created to shine a light on that generosity and to honor our industry’s most selfless companies and individuals. We clearly know who some of them are because we’ve worked hand-in-hand with them to help provide disaster relief. However there are many others that we won’t be aware of—and able to honor—unless someone takes the time to nominate them.”
 
ALAN’s Humanitarian Logistics Awards are open to any logistics professional, academic, organization or department. They are awarded in four key categories, each of which can have multiple honorees: 

Nominations will be accepted now through June 30th. Winners will be announced this fall. 

Chicago Roundtable
"I (officially) became a member of CSCMP circa 2016, shortly after joining the Uber Freight team in Chicago. But, prior to officially joining, I honestly can't recall how many times I heard "CSCMP" mentioned throughout the earlier chapters of my career.
 
While at C.H. Robinson, I started to become more intrigued by the CSCMP mission. I've always been an avid believer in collaboration and professional networking, so anytime the opportunity to discuss industry topics and share innovative ideas with fellow practitioners arises, I'm typically seeking a sign-up form. CSCMP was certainly no exception in this regard.
 
Network, network, network! CSCMP is one of the absolute most unique opportunities to engage with fellow SCM professionals. There's a wealth of knowledge out there, and this organization is an optimal means to learn and grow.
 
And as in life, what you put in is ultimately what you'll get out. In addition to attending the annual EDGE event, there are multiple roundtable events and other outings at the local/chapter level. I've made countless connections throughout my CSCMP journey, with each connection providing a lasting impact. From my very first EDGE conference, I knew this was an event I would attend year after year. In fact, I attribute much of my own career progression to the knowledge and professional contacts I've gained through CSCMP. I'm truly grateful."

We're celebrating valued CSCMP members with:

✓ 15% off CSCMP Swag with code MEMBERLOVE. Visit CSCMP's Swag Shop today!

✓ 3 FREE Months of CSCMP Membership with code 15THANKS Get 15 months of membership for the price of 12 on all membership types. Join CSCMP today!

✓ Weekly Coffee Giveaways
Tim and Shannon from our Member Engagement Team will reach to lucky winners each week.

Follow CSCMP today to spread the word: LinkedIn, Facebook, Instagram, and Twitter. #CSCMP #MemberLove

May 20, 2022
Repairability – Reducing Waste, Mitigating Supply Disruptions & Managing Compliance Hosted by CSCMP's Sustainable Supply Chain Committee
In this webinar you'll learn about the drivers increasing the demand for repairability and extending product life in the high-tech and automotive industries, including an overview of repairability regulations such as Right to Repair and the European Union’s EcoDesign legislation. Leaders from Intel, Carlisle and BBB Industries will share their perspectives on how regulations and customer demands have evolved, how their companies and industries are responding and their thoughts on the future of these efforts. Register today!
 
May 25, 2022
CSCMP Member Onboarding | Welcome Webinar
Learn about member-to-member relationship building, professional development, local Roundtables, the annual EDGE Conference, the Career Center, how to access the Member-Only directory, volunteer opportunities, and more. Register today!

 

January 30, 2023
Manifest: The Future of Logistics is Here A CSCMP Partner Event
Manifest, January 30 – February 1, 2023 in Las Vegas is the premiere gathering of industry leaders, innovators, and investors on the cutting edge of Logistics and Supply Chain. Get unprecedented access to the people and technologies changing the way the world moves. Join CSCMP today to get the CSCMP member discount.

As we (hopefully) begin to emerge from the worst of the pandemic, supply chain leaders are realizing that their traditional sales and operations planning (S&OP) process is no longer sufficient to keep pace with today’s dynamic changes. This does not mean, however, that companies need to toss aside their carefully crafted S&OP processes and meetings. Rather they need to make sure that a complementary process—sales and operations execution—is also robust.

 According to the April Logistics Manager’s Index Report^®, the overall index came in at 69.7. While this  represents a significant rate of growth and exceeds the all-time average of 65.3, it is down significantly from March’s all-time high of 76.2. This reading marks the first time since January 2021 that the overall index has come in lower than 70.0 – ending the streak of consecutive readings over 70 at 14. This dip is largely due to changes in the transportation market, which has softened significantly given decreased consumer demand and high diesel prices encouraging more efficient shipping.
 
Despite the slowdown, respondents are predicting a future growth rate of 67.8 over the next 12 months, down from March’s future prediction of 70.2.

 

The Gaylord Opryland Resort & Convention Center is where we're hosting EDGE 2022.
 
CSCMP has secured a $229 single/double occupancy rate, plus applicable state, local and occupancy taxes. The guest room rate includes the resort fee.
 
You must be a registered EDGE participant to receive the CSCMP room rate.