Page 25 - Logistics News June 2019
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Inventory
at the same time that service standards are customer and lowest total delivered cost, but
tightening. But the operating environments also of creating new ways to deliver value to
in most cities are neither prepared nor those that we serve, within our company and
designed for this change. This fact threatens to the ultimate customer.
to compromise the performance of supply
chains and the delivered cost of goods to EDGE Conference 2019
consumers. It is the CSCMP’s job to help you keep up with
In the face of this challenge, supply chain these emerging trends through roundtable
leaders are gearing up to figure out how to events, the CSCMP publications and the
better position inventory and manage the annual EDGE Conference and Supply Chain
flow of goods. One response has been the Exchange, which will take place from 15-18
emergence of a ‘nested’ system of distribution September this year in Anaheim, California.
that includes large distribution centres (DCs) The educational sessions and keynote
at the periphery of metropolitan regions addresses at the conference will keep
feeding smaller ones closer to end users. As attendees abreast not only of future methods
a result, the average number of DCs used by of distributing products, but also help them
US supply chains has tripled in less than five control their costs, cultivate and acquire the
years, but the average DC square footage has needed talent, and develop and embrace the
declined. new technologies that will help them do their
This is why supply chain management job more effectively and efficiently. Meanwhile
is such an important element of modern the Exchange will introduce attendees to
business around the world. We are at the new companies and new technologies that
forefront not only of keeping all of commerce, will undoubtedly be imported into our supply
in all of its various forms, focused on the chains of the future. •
June 2019 | Logistics News 23
