At this year's CSCMP Annual Conference, a panel discussion was held with John Coyle of Pennsylvania State University, Bud LaLonde of Ohio State University, and Don Bowersox of Michigan State University, to discuss what will be needed now and in the future for supply chains to evolve and contribute to economic growth and corporate sustainability. Everyone offered some interesting views, and in case you were not in attendance, Logistics Today has posted up some of the key take-aways from the discussion.
A common theme among the panelists is that global supply chains and supply chain best practices are constantly changing and evolving. As prices, transportation rates, market volatility, current economic states, and a number of other variables fluctuate, it is necessary to tweak your supply chain strategies in order to optimize your network. To do so, it is important to remain flexible and open-minded, and keep in mind that what worked a year ago may not be the best solution today.
Please visit Logistics Today for more information on this discussion.
