It’s that time of year when companies begin looking back with an eye toward assessment. Over the next few weeks “Best of” lists will swirl around like leaves falling from the trees. But it’s also a time when companies, especially those in the predicting business, look forward.
In October, Armstrong & Associates (A&A), an internationally recognized research resource in the third-party logistics (3PL) industry, partnered with Infocast to host the fourth annual 3PL Value Creation Summit in Chicago where they laid out their view on the state of the industry and trends to watch for in 2017.
The Supply Chain Management Review offered a quick take on the future of 3PL, as A&A sees it, in this online piece.
Here are a few essentials:
To no one’s real surprise, technology is a significant development in the future of supply chain management and logistics. PINC also has a list of ‘key takeaways’ from the 3PL Summit found here.
Just look at some of the terms that have made their way into PINC’s list:
Thanks to technology, managing a supply chain has never been easier, or more complex. The tools available for monitoring all the moving parts of a business are legion – and that’s great. But customer expectations are driving retailers (and their suppliers) to constantly adapt and evolve.
To that end, check out this excellent and thought-provoking list of the top 5 reasons companies require supply chain expertise. It’s compiled by Naren Agrawal, the Benjamin and Mae Swig Professor of Operations Management & Information Systems in the Leavey School of Business at Santa Clara University.
As these different voices in the supply chain space attest, it’s never been more important to focus attention on this vital segment of your business. If you haven’t already done a supply chain assessment, looking for weak links, now would be a good time.
Click on the download to discover the five qualities you need in a supply chain partner!