International Supply Chain Professionals Day 2023 (US): Statistics, History and Dates

The 7th of June is International Supply Chain Professionals Day, an initiative of e2open that honours all the individuals who make the supply chain feasible. This holiday transcends truck drivers and commanders of container ships. It includes warehouse employees, inventory and transportation coordinators, export managers, and load planners, among others. The professionals who get our favourite products from A to B don a variety of hats, and they all play a vital role in the success of a supply chain, whether they’re working at a desk or behind the wheel of a delivery van.

As we continue to face global disruption in the form of natural disasters, geopolitical conflict, and other factors, supply chain professionals are forced to adapt. International Supply Chain Professionals Day is observed by the supply chain management software company e2open to honour their perseverance and express appreciation.

HISTORY OF INTERNATIONAL SUPPLY CHAIN PROFESSIONALS DAY

Beginning with the COVID-19 pandemic, new global events are converging to create what appears to be an endless tempest of supply chain disruption. Whether it was strike threats, weather-related calamities, or the global shortage of semiconductors, every manufacturer and consumer has felt the effects of our fragmented supply chain.

Too often, the focus is placed on the inconvenience rather than the individuals working behind the scenes to keep things moving. There are thousands of professionals operating around the clock to alleviate backlogs at every port bottleneck. Every time a new shortage arises, warehouse employees and manufacturers work assiduously to increase production. For every delay, there is a truck driver or commander of a container ship racing against the clock. But how frequently do people consider this when they open a package or rush to the store for milk?

Working in supply chain and logistics can be a thankless profession, as evidenced by the industry’s ongoing complaints about unfair treatment and labour shortage. The purpose of International Supply Chain Professionals Day is not only to honour these individuals, but also to bring attention to the significant contribution they make to our daily existence. Education regarding the severity of the supply chain’s strain due to capacity constraints, escalating costs, and a lack of visibility is essential. E2open, the connected supply chain SaaS platform with the largest multi-enterprise network, is eager to inform consumers of these obstacles and, more importantly, to cast light on the crucial role played by the workforce in overcoming them. This necessitates recognising and honouring the professionals at the heart of our supply chains.

The global network of E2open has revolutionised the supply chain for both enterprises and professionals. The company’s mission is to create a global supply chain software ecosystem that delivers unmatched customer value via data, networks, and applications.

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5 SHOCKING STATISTICS ABOUT SUPPLY CHAIN MANAGEMENT

Professionals in the supply chain constitute a significant portion of the global labour force.

According to the International Labour Organisation, forty million people work in logistics and supply chain management globally.

Professionals in the supply chain work overtime

APICS reports that supply chain professionals work an average of 49 hours per week, with some professionals working over 60 hours per week during high periods.

Globally, supply chain professionals drive economic growth and create employment.

According to the World commerce Organisation, supply chain professionals are responsible for facilitating over $20 trillion in global commerce annually.

Professionals in the supply chain management optimise supply chain operations and reduce waste

According to a report by McKinsey & Company, supply chain professionals have saved companies up to 25 percent on supply chain costs.

Professionals in the supply chain contribute to a more sustainable future.

According to a report by Accenture and the United Nations Global Compact, businesses that implement sustainable supply chain practises are projected to capture more than $4.5 trillion in value over the next ten years.