Four Critical Trends in Supply and Logistics Management
Lee Buddress, Ph.D., C.P.M.
Lee Buddress, Ph.D., C.P.M., Portland State University, 503/725-4769; email@example.com
Michael E. Smith, Ph.D., C.Q.A.
Michael E. Smith, Ph.D., C.Q.A., University of Western Carolina, 828/227-3697; firstname.lastname@example.org
Alan R. Raedels, Ph.D., C.P.M.
Alan R. Raedels, Ph.D., C.P.M., Portland State University, 503/725-3728; email@example.com
90th Annual International Conference Proceedings - 2005 - San Antonio, TX
In this always-changing supply and logistics environment, four trends are developing as priorities for supply managers. They are Risk Management, Technology Enhancement, Outsourcing and Sustainability. Increasingly, these trends are redefining supply management activities. Supply managers are focusing on the identification and mitigation of supply chain risks. This concern directly relates to the other three trends. As we become more dependent on electronic commerce, we are increasingly vulnerable to hackers and viruses. When organizations source from offshore suppliers, lengthening supply chains are exposed to risks like longshore or other logistical labor problems and political risks. Continuity of supply problems and increased costs are common as we rapidly consume nonrenewable resources.