National Supply Chain Day
Farzad Rahbari
Foreign Dept. Specialist and Social Media Manager at Info and Trade Group (ITG)
A Celebration And A Spotlight On The Industry That Connects The World: Supply Chain.
National Supply Chain Day is a celebration and a spotlight on the industry professionals of Supply Chain: the people that connect the world. From the intricate logistics that power your morning coffee to the complex networks ensuring critical medical supplies reach their destinations, supply chain professionals are the backbone of our connected world. Join us every year on April 29th as we delve into the stories, breakthroughs and technologies of the global supply chain.
Celebrating National Supply Chain Day
LIVE Event!
On Monday, April 29th at 12 Noon ET, ( 19.30 Monday, in Tehran Province, Iran) join us as Scott W. Luton and National Supply Chain Day founder, Mary Kate Love, host the special edition livestream as we commemorate National Supply Chain Day, sponsored in part by Vector Global Logistics.
Tune in as we welcome special guests, share exciting announcements, celebrate, and shine a spotlight on the industry professionals of Supply Chain: the people who connect the world.
The Livestream on April 29th link:
HISTORY OF NATIONAL SUPPLY CHAIN DAY
A century before the formalization, the supply chains were restricted to local regions. As the Industrial Revolution began, the use of railroads added to the distance of distribution. It wasn’t until the late 1950s that the concept of transportation management gained prominence as an important aspect of operating a scaled business.
The rampant globalization and technological revolution of the 1990s charted global supply chain management as an indispensable industry with millions of stakeholders. In the last 30 years, the supply chain has evolved from being an amalgam of various sub-specialties to a distinctive and globally valued industry. Today, you can major in supply chain management and build your career in the field. The scattered links of the industry are finally coming together under an umbrella, intending to develop devoted talent from the start. The emergence of machine learning and artificial intelligence has also brought forward a tremendous change in the way operations unfold in the industry.
National Supply Chain Day emphasizes our dependence on this industry. The central tagline of the observation is “Every link in the supply chain matters,” which conveys the importance of multiple channels and workers at all levels of the supply chain who keep the goods moving. The word ‘link’ also signifies the underlying importance of our interconnected and interlinked world. A missing link in a supply chain can hamper the entire operation and jeopardize businesses across the world, which later impacts all of us.
NATIONAL SUPPLY CHAIN DAY TIMELINE
1900 - The Invention of Supply Chains
The early versions of global supply chains take shape and the Union Postal Service becomes a key player in the business.
1963 - Computerization and Innovation
IBM develops the first computerized forecasting and inventory management system, and the government brings the supply chain under the purview of the National Council of Physical Distribution Management.
1982 - The Term is Coined
British logistician Keith Oliver coins the term “supply chain management.”
2020 - The Day is Established
Packaging and production giant Georgia-Pacific declares April 29 as National Supply Chain Day.
What are the basic steps of supply chain management?
The five basic steps of supply chain management are plan, source, make, deliver, and return.
What is a supply chain?
A supply chain is the collaborative organization performance of vendors and suppliers to ensure the safe and timely movement of goods from one port to another.
When was the first supply chain launched?
The first successful implementation of a supply chain was done by Ford to consistently produce goods on a large scale.
5 INCREDIBLE FACTS ABOUT THE GLOBAL SUPPLY CHAIN
* It’s a billion-dollar industry
In the U.S., the supply chain and logistics industry are valued at nearly $16 billion.
* Disruptions
The leading cause of global supply chain disruption is the unplanned I.T. outage.
* A race towards sustainability
70% of customers are ready to pay more for goods made and shipped via sustainable means.
* It’s mostly a gamble
U.S. retail operations’ average supply chain accuracy stands at just 63%.
* It’s bad for the environment
90% of a business’ ecological footprint is due to the supply chain.
WHY WE LOVE NATIONAL SUPPLY CHAIN DAY
* It’s an expression of gratitude
National Supply Chain Day celebrates the heroes we are all dependent on. The fast-paced globalization of the world is built on the work-horse of an average shipment worker — who toils day and night to ensure the uninterrupted working of the supply chain. On April 29, we celebrate their valiant efforts and offer our gratitude for their service.
* It affects you too
The central message behind the observation is to point out the substantial connection that we all have with the supply chain. There’s a good chance that the phone you are scrolling, the pasta you are making, and the T.V. you are ignoring have been assembled internationally, and delivered to your doorstep via the supply chain.
* Supply chain management is paramount
From poor logistics to the lack of trained manpower, several issues are plaguing the world supply chain, and it is essential to bring awareness to the crisis. On National Supply Chain Day, we pass the mic to the workers and elevate their platform.
Article proofreading, substantive editing, copy-editing, and formatting by : Farzad Rahbari
Date : April 29th, 2024
See you there Farzad Rahbari