THE SCO MIND 01

Experience navigating the complex web of stakeholders has chief supply chain officers well positioned to move into CEO roles.

By Peter L. O’Brien

The role of the chief supply chain officer, or CSCO, seems to grow in complexity and strategic relevance over the years. Two decades ago, we could barely conceive of one individual overseeing the entire end-to-end supply chain. A study in 2004 showed that only 8 percent of Fortune 200 companies had a CSCO. Today, the percentage of organizations having someone responsible for overseeing a combination of end-to-end supply-chain functions has increased to 68 percent. Several prominent companies have even considered tapping leaders with specific global supply chain experience for the CEO role. These developments compelled Russell Reynolds Associates to look more closely at what traits make CSCOs different from other executives, what traits enable or hinder CSCOs looking to step into a CEO role and how the CSCO role is evolving more generally.

 FOOD SAFETY

Companies must use all the tools available to reduce risk along complex distribution networks. 

By Kevin Hill

Every day brings a new report concerning a food product recall. Has the media simply become more receptive to food safety issues and has been addressing them with more scrutiny? The brief answer is that globalization has generated gaps in security in the food supply chain. As a result recalls are rising. However, food production, packaging, warehousing, shipping and supply chain technology has all evolved to seal these gaps.

It is not just the ingredients that are globalized; the processing equipment, chemicals for cleaning and even the packaging is globalized. Food supply and consumption across the globe is becoming more interconnected and, simultaneously, so is human and farm animal health.

NCE Computer Group

How supply professionals can prepare themselves for changes under the GOP and Trump tax plans.

By Pete Paisley

What Are the Proposed Changes to the U.S. Tax Policy?

Many businesses in the supply chain community are concerned about the new administration and their proposed changes to the U.S. corporate tax policy, particularly with the possibility of new taxes on imports. While the so-called border taxes are getting all the press, it is but one aspect of the overall tax plans being proposed by both the GOP and the Trump administration. Let’s explore the big picture in order to better assess what actions we can take as supply chain professionals in response to these changes.

An Overview of the Key Tax Plan Changes

There are currently two plans in play on Capitol Hill; one is the GOP Tax Plan published last summer, (http://abetterway.speaker.gov/_assets/pdf/ABetterWay-Tax-PolicyPaper.pdf) and the other is the Trump Tax Plan published during his campaign, (https://assets.donaldjtrump.com/trump-tax-reform.pdf). Both of these plans share some common characteristics that will significantly impact the business environment. Some of the biggest issues to consider for companies in the supply chain world are:

Counterfeit Drugs web photo 2

For the complex healthcare supply chain, aerospace grants wisdom.

By Tim Butler

Even as supply chain operations grow steadily more automated and secure in most industries, life sciences still fight an outlying challenge: counterfeit medication. The proliferation of counterfeit drugs has become a major impediment not just for the bottom line, but also to public health and international trade. Thousands of people worldwide die every year from ingesting fake drugs – and it costs the pharmaceutical industry between $70 billion and $200 billion per year in lost profits, by various estimates. What began as a supply chain issue is now a wide-scale brand protection issue.

The matter is of such great import, in fact, that a series of new laws under the Drug Supply Chain Security Act (DSCSA) has been put in place, ostensibly to legislate toward reduced instance of fake drugs. Trouble is, the mandate's structure could be producing an opposite effect. Investment in authentication technologies the real mover when it comes to spotting and removing counterfeits –has been put on the back burner in favor of implementing product serialization schemes ahead of a late-2017 deadline. Serialization is a trace solution, not necessarily a track solution, and it is a mistake to equate this process with full brand protection because it leaves the door open for non-verified drugs to enter the system.

ThinkstockPhotos 626196754

Impact of the Trump Administration on Supply Chain Operations

By Stefanos N. Roulakis, Matthew J. Thomas and Patricia M. O’Neill

Editor’s note: To coincide with the inauguration, Supply Chain World is running a series of articles from industry experts about how they expect the policies of the Trump administration to impact the supply chain. Read Part 1,  Part 2,  Part 3 and Part 4.

The election of Donald J. Trump as President of the United States will likely impact policy that affects supply chain operations. The Republican Party’s sweeping electoral victory, maintaining control of both the House of Representatives and the U.S. Senate, means that President Trump will have the opportunity to work with a legislative branch to achieve his policy goals with little need to compromise with Democratic legislators. As the 115th Congress has begun and President Trump begins his administration, preparing supply chain operations for changes coming from the federal government are more important than ever.

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