Given all these challenges, supply chain executives can expect a need to forecast supply chain needs further out and to have more inventory in the pipeline at times. Technology and modeling will help provide information and optimize decisions. In addition, shippers will need further integration between supply chain partners through technology and standards for planning, management and security reasons. Lastly, ongoing revisions to shipment and delivery practices will be needed to comply with regulations and align with performance capabilities of workforce, carriers and transportation networks. That's the good news: There are solutions. It's up to the supply chain executive to figure out how to leverage them to ultimately benefit his or her company.
About the Author: Brian Everett is executive director of NASSTRAC, the National Shipper's Strategic Transportation Council, which provides education, advocacy, connections and solutions to transportation, logistics and supply chain management professionals who manage freight across all modes. More information at www.NASSTRAC.org.