Subscribe to our free, weekly email newsletter!



Secure supply chains are becoming a White House priority

By Jeff Berman, Group News Editor
February 06, 2012

Something lost in the supply chain shuffle over the past couple weeks was the White House’s recent announcement that it issued its “National Strategy for Supply Chain Security.

As previously reported in LM, this strategy highlights the fact that “International trade has been and continues to be a powerful engine of United States and global economic growth.  In recent years, communications technology advances and trade barrier and production cost reductions have contributed to global capital market expansion and new economic opportunity.  The global supply chain system that supports this trade is essential to the United States’ economy and security and is a critical global asset.”

It also makes mention of various global and domestic supply chain disruptions that have occurred in recent years, including:
-Hurricane Katrina in 2005
-the eruption of the Eyjafjallajokull volcano in Iceland in 2010,
-the Japan earthquake and tsunami of 2011;
-failing infrastructures such as the I-35 bridge collapse in 2007;
-terrorist attacks such as 9/11; and
-more recent plots involving air cargo shipments filled with explosives shipped via Europe and the Middle East to the United States.

A noted supply chain security expert told LM that this strategy, while in its infancy, is good for the U.S. on a few different levels.

“It seems to make good sense at this point,” said Albert Saphir, principal of ABS Consulting. “The ‘big news’…is the fact, that supply chain management now has reached the highest level of our government and thus hopefully will continue to have a lot of visibility which is a huge step forward from where we were 10 years ago.”

He added that thanks to the work done at CBP (and TSA to some degree), DHS is recognizing the importance of global supply chains and now also the Whitehouse.

Given the uncertain nature of the world, that is a positive and it is nice to see the supply chain get a seat at the table.  And as previously stated in this space, on the surface, this plan appears to have very good intentions that transcend party lines—and that is a good thing. I am definitely looking forward to see what happens with the National Strategy for Supply Chain Security.

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Forget cost cutting. Innovation and sustainability are the most important factors in business today. The companies that get it right can still win in a flat economy, says ISM CEO Tom Derry.

APICS and ASTL said they have signed off on an agreement in which AST&L will merge with APICS upon ratification by an AST&L member vote.

The average price per gallon of diesel rose 4.3 cents to $2.854 per gallon, following gains of 3.1 cents and 2.6 cents, respectively, the previous two weeks for a cumulative ten cent gain over the last three weeks.

The index ISM uses to measure non-manufacturing growth—known as the NMI—was 57.8 in April which was 1.3 percent above March and also 0.5 percent above the 12-month average of 57.3. Economic activity in the non-manufacturing sector has grown for the last 63 months, according to ISM.

Non asset-based 3PL XPO Logistics reported solid first quarter earnings last night, with total gross revenue seeing a 148.9 percent annual gain at $703.0 million and net revenue up 349.0 percent to $262.2 million. Despite the significant gains in total gross revenue and net revenue, the company had a $14.7 million quarterly net loss, which marked an improvement compared to a $28.3 million net loss a year ago.

Article Topics

Blogs · Supply Chain · Security · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA