Supply Chain Managers in demand
As supply chains grow evermore complex, a new demand for top qualified supply chain managers has emerged. It was recently announced that an additional 6 universities in the US have introduced new concentrations focusing on the topics of procurement and inventory management. The recent negative light cast on supply chains in the form of horse meat scandals and factory disasters (just to name a couple) has brought supply chain management issues to the forefront. Companies must now view supply chain management as a core competency and develop strategies that can adapt to the continually changing global supply chain environment. Employers looking to find experts in the field of supply chain management and optimization will now be keeping an eye out for new graduates who have completed the specialized course work. The educational institutions are also targeting business professionals with their new supply chain programs. The Neely School of Business, for example, will offer a Master of Science program focused on the supply chain aimed at working professionals with 5 to 15 years of experience.
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Amazon is keeping it fresh
If you have not already heard of the grocery delivery service provided by Amazon that may change in the near future. You can expect to see the green delivery trucks from Amazon Fresh in a neighborhood near you as the company announced this week its plans to roll out its online grocery business across 20 new markets. In preparation for the expansion, new Amazon warehouses will be equipped with refrigerated areas for food storage. Up until this point, the grocery service has been concentrated to the Seattle area, but recent developments revealed plans to expand to LA in the near future and San Francisco later this year. If this expansion goes well, Amazon plans on bringing its Fresh service to 20 other urban locations potentially including cities outside of the US. After years of testing, Amazon decision makers feel that now is the right time to expand into the extremely large, yet low-margin food business. The company will rely on its superior supply chain efficiencies to create a competitive advantage.
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The Supply Chain: Past, present and future
In the last century, new technology has completely revolutionized both businesses and society. While these new developments have undoubtedly had a profound impact on the world around us, an article featured in the Grocer this week illustrates just how far supply chain technology has come. According to the article, June 7th marks the 100th year anniversary of the first ever wireless order. In 1913, this futuristic technology was especially impressive given that it was developed by a mere 15 year boy who wanted to support order processing in his father’s grocery store.
Zoom forward to today and you find that supply chain managers have access to a vast pool of tools and technologies which offer effective management across the entire supply chain. From cloud technology to advanced analytics, given the extent to which technology has advanced over this short period, just imagine what wonders will be available in another 100 years.
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Have a great weekend!