council of supply chain management professionals

Throughout 2021, surging demand, tight capacity, supply chain disruptions and inflation kept intense pressures on the logistics sector, but a stuttering rebalancing of demand and supply is currently underway as the economy has slowed. However, those within the logistics industry should continue to expect the unexpected and focus on collaboration and contingency planning within their operations as they work towards greater stability.

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While the past year has brought some stability back to selected areas of the supply chain, global businesses continue to face volatility and uncertainty. Even supply chains that are well-equipped with talent, technologies, and financial resources have experienced significant challenges, and the quality of relationships between third-party logistics providers, and shippers, is a vital component of overall supply chain success.

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Surging demand, tight capacity, supply chain disruptions and inflation kept intense pressures on the entire logistics sector throughout 2021, and 2022 seems to be offering little respite as uncertainties linger. Shippers are increasingly seeking the assistance of third-party logistics providers in navigating supply chain complexity, service disruptions and surging customer demands.

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The yearly Council of Supply Chain Management Professionals (CSCMP) State of Logistics Report will return to an in-person presentation on June 21. Presented by Penske Logistics and authored by Kearney, this study will be unveiled at its traditional home, the National Press Club in Washington, D.C. CSCMP members can tune in via a livestream.

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