Four Critical Trends in Supply and Logistics Management

Author(s):

Lee Buddress, Ph.D., C.P.M.
Lee Buddress, Ph.D., C.P.M., Portland State University, 503/725-4769; leeb@sba.pdx.edu
Michael E. Smith, Ph.D., C.Q.A.
Michael E. Smith, Ph.D., C.Q.A., University of Western Carolina, 828/227-3697; mesmith@wcu.edu
Alan R. Raedels, Ph.D., C.P.M.
Alan R. Raedels, Ph.D., C.P.M., Portland State University, 503/725-3728; alanra@sba.pdx.edu

90th Annual International Conference Proceedings - 2005 - San Antonio, TX
Abstract

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.

Four Critical Trends in Supply and Logistics Management — 55 KB (PDF)