Agility and Sustainability are Shaping the Future of Supply Chains
The management of supply chains has become a crucial topic of discussion, especially in the wake of recent global disruptions. From the pandemic to geopolitical tensions, supply chains have faced a series of challenges as of late. This crisis has even forced companies to rethink their strategies and adapt to new realities. A 2020 report by Deloitte discovered that 80 percent of companies experienced significant disruptions, highlighting the impact of COVID-19, along with the urgent need for agility and resilience in the industry.
Given the evolving role of supply chain management in today’s volatile market, how can organizations build supply chains that are not only efficient but also resilient to the unexpected?
On this episode of “Hammer Down” host Mike Bush led a discussion centered around these crucial themes with Abe Eshkenazi, the organizer behind the ASCM conference. Together, they examined how supply chain professionals can leverage their expertise to gain a more strategic role within their organizations and drive impactful changes.
Several key points from the episode highlighted:
- The increasing recognition of indsutry roles in the C-suite, highlighting how professionals with a comprehensive understanding of business operations are now considered essential to leadership teams.
- The importance of agility, sustainability, and innovation in creating supply chains that can withstand global disruptions, emphasizing real-world examples from organizations that have successfully implemented these strategies.
- Future trends in supply chain management, including the need for a triple bottom line approach—focusing on economic, social, and environmental impacts—and how professionals can prepare to meet these evolving demands.
Abe Eshkenazi is the key organizer for the ASCM conference and a leading figure in supply chain management. He has 30 years of experience in the field. Eshkenazi has been instrumental in shaping the education and development of industry professionals worldwide. He holds several accolades in the industry, including CSCP credential, and has been a driving force behind initiatives promoting sustainability and strategic thinking.
Article by Alexandra Simon.
