Signs Point to a Promising New Year

By Francis J. Quinn, Editorial Director
December 29, 2010 - SCMR Editorial

Promising signs are popping up everywhere that 2011 will be a good year for people in the supply chain profession.

The most recent indication, of course, is the promising results for the Christmas and holiday shopping season that just passed. Figures from the industry group National Retail Federation (NRF) shows that holiday sales this year have bounced back to pre-recession levels. The numbers are still being tallied for online sales this Christmas season, but analysts forecast a double-digit increase over last year’s numbers. Not too bad!

So from a retail standpoint, anyway, we appear to be ushering in 2011 with a strong sense of optimism.  That’s good for the logistics and supply chain professionals who bear the responsibility for getting all this merchandise to market (while figuring out how to handle the growing number of returns as well).

Executive recruiters have been telling us for some time that their business is brisk as companies prepare for a strong rebound and want to make sure that they have the supply chain leadership in place to respond appropriately. Among the highly sought-after skills and competencies are experience in international operations, familiarity with technology implementation, and that old standby “leadership” qualities.

Professional associations, too, see a more promising year ahead as they seek to build up their membership rolls to their levels of four or five years ago.  The groups in our space—CSCMP, ISM, WERC, APICS, and so on—are wonderful educational resources and worthy of your membership consideration.  (They’re also great for network building, which proved invaluable to many folks who suddenly found themselves looking for work over the last couple of years.)

From our personal perspective here at Supply Chain Management Review comes another welcome glimmer of light. Advertising on the magazine and sponsorship for our web offerings are on the upturn and point to an upbeat year ahead.

So add it all together…2011 is looking pretty good.  We hope it’s a good one for you, your family, and your company.



About the Author

image
Francis J. Quinn
Editorial Director
Frank Quinn is the editorial director of Supply Chain Management Review, considered the premier publication for supply chain executives. Frank was the founding editor SCMR and has overseen its growth over the past 14 years. He has been covering the logistics/supply chain scene in various editorial and consulting positions for more than three decade. Frank is co-author of the recently published book Diagnosing Greatness: Ten Traits of the Best Supply Chains. You can reach him directly at .(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

Last week, the United States Department of Transportation took further steps to address various issues identified in recent train accidents involving crude oil and ethanol shipped by rail. The announcement was made by DOT with other DOT agencies, including the Federal Railroad Administration (FRA) and the Pipeline and Hazardous Materials Safety Administration (PHMSA).

Logistics Management Group News Editor Jeff Berman had an opportunity to interview Derek Leathers, President and Chief Operating Officer of Werner Enterprises, at this month's NASSTRAC Shippers Conference and Transportation Expo in Orlando. They discussed various aspects of the truckload market, including prices, fuel, and regulations.

During this webcast our presenters will apply the findings of the 23rd Annual Trends & Issues in Transportation and Logistics Study to the world of shipper-carrier decision making. They'll examine the primary aspects that will influence the future direction for shipper-carrier decision-making.

For February, the month for which most recent data is available, the SCI dropped to -1.0 from January’s 2.6, with FTR explaining that the short term positive impact from one-time adjustments for rapidly dropping diesel prices and the suspension of the 2013 motor carriers hours-of-service expires later this year.

Seasonally-adjusted (SA) for-hire truck tonnage in March was up 1.1 percent on the heels of a revised 2.8 percent (from 3.1 percent) February decline, with the SA index at 133.5 (2000=100). This is off 0.3 percent from the all-time high for the SA of 135.8 from January 2015 and is up 5 percent annually.

About the Author

Frank Quinn, Editor Emeritus
Frank Quinn is Editor Emeritus of Supply Chain Management Review, considered the premier publication for supply chain executives. Frank was the founding editor of SCMR and has overseen its growth over the past 16 years. He has been covering the logistics and supply chain scene in various editorial and consulting positions for more than three decades. Frank is also co-author of the book Diagnosing Greatness: Ten Traits of the Best Supply Chains.

Comments

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