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Many organizations with established SCM operations have been working with third-party logistics firms for decades, largely eliminating the use of in-house transportation fleets. The Talent Make vs. Buy Decision. Once this is clearly defined, it is easier to consider the core competency question, or the make vs. buy decision.
Now the profession and the business community must move even quicker to develop the supply chain expertise they need to excel in a rapidly changing world. The overall affect is to make supply chains even more reactive to customer buying patterns. SCM has evolved rapidly over the last decade or two to attain this lofty status.
Jonathan Starks , CEO of FTR Transportation Intelligence, observes, “A trade war would be bad for growth, bad for supply chains, [and] bad for consumers.[2] A related strategy to supply chain diversification is relocating manufacturing facilities to reduce transportation costs and shorten supply lines.
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