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Future of Logistics

Supply chain management has become a crucial part of business operations
(Stock & Lambert, 2000). One of the challenges that will be faced by supply chain managers of consumer products and retail companies in the future is how to make changes to their supply chain management practices to keep up with changes in the global business world and continue providing new and innovative products to the customers.

This video discusses the future of logistics and supply chain management. The demands for businesses and especially logistics managers in keeping up with the changes in the global business world and how to incorporate and adapt those changes into a more successful supply chain management system that is right for their businesses.

This video also discusses how innovations in supply chain management are crucial for sustainability of business and that with the amount of information that we have available to managers today we should be able to make the changes to our business practices and thus create a more successful supply chain for the customers of today and the future.
Learning Objectives

Innovation is key in creating a sustainable business (Daft, 2010). This training video will discuss what managers must be aware of in their every day supply chain management practices and how to pick up on information for implementing changes that can sustain their business into the future. Also, managers must know what restrictions and challenges they will be faced with in doing their jobs successfully. For example restrictions and cost changes in transportation. In addition businesses that are more environmentally aware will be looked at more fondly by partners and customers. Why is it important to make your business more environmentally friendly?

Collaboration is also very important in today’s business world. Looking at how collaboration can be incorporated into supply chain management and how it can help companies in reaching their goals of profitability and sustainability.

Link to the video

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