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Supply chain management has been identified as one of the fastest-growing areas for career opportunities. In the fashion industry, this growth is being fueled by the rise of e-commerce businesses that enable consumers to shop anytime and anywhere, with guaranteed delivery times that can be as little as one hour. Many retailers are also building sourcing networks around the world to achieve favorable returns and meet the demands of a global marketplace.

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Supply chain visibility isn’t a new trend. The industry has been talking about it for decades. But now, visibility is no longer just a “nice to have” for executives. The information is available, and they want it now. However, complete transparency has not been possible until only recently.

New supply chain visibility solutions have come to market that take advantage of the abundant machine-to-machine (M2M) and Internet of Things (IOT) data that exists. The most advanced services remove information overload by presenting not just the data, but also actionable analytics. Supply chain and logistics managers can simply log into the platform and see what is going on as well as what they should do next.

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Considering inventory management, an element of the global supply chain, the dynamic has become one of increased growth from electronic-based commerce and technological innovation against a backdrop of increased security requirements and logistics constraints. Within historical context, there are tools, technologies, and tips useful to professionals, towards business success in this arena.

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The most successful businesses understand the value women bring to the table. Study after study has proven that companies that have more women in executive and leadership roles are more profitable. Despite the research, women are still underrepresented in senior-level positions. Supply chain companies are no exception, but that is changing.

JimHayden no bkgd 1 copyIt is common for companies to outsource their logistics planning to third-party logistics (3PL) companies as a strategic practice. With the evolution of 3PLs from only transportation and warehousing to including services for outsourcing just about everything, the functions performed by 3PLs are no longer singular. 3PL services may include all of the supply chain logistics processes or just a few selected processes across the supply chain. This expansion of services is largely in response to trends and developments in the supply chain industry.

 

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