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Is Asia Behind the Supply Chain Curve?

Supply chains are becoming more vast, more complex, and more important now more than any other point in history. Companies are attempting to not only invest more in supply chain management, but also to understand what makes it work best. As this article by Patrick Burnson explains , a recent gathering of executives occurred in Singapore with the intent of discussing observations and concerns with the supply chains of Asia. The group determined three observations, which are included in Burson's article. The first observation was simply that Asia has yet to demonstrate mastery of supply chain utilization, despite the increasing importance of supply chains in the corporate strategy. The next observation dealt with why supply chain principles weren't being followed: One of the primary reasons why Asian-based operations are not yet fully utilizing supply chain management principles is that there is a significant lack of available talent who are trained to a global standard in supply chain management. Even when talent can be found, companies struggle to retain those employees who are regularly recruited by other companies offering aggressive compensation packages. Finally, the executives agreed that many companies were failing to develop solid strategies for developing the missing supply chain talent, leaving supply chain career growth unappealing to anyone who may pursue that course of development. With the ever increasing relationship between what happens across the globe to the success industries achieve at home, the expansion and progress of supply chains in Asia may have a profound effect on how well foreign based business achieves success in the region.

About Matthew Kabik

Matthew Kabik is the former Editor of Computer Aid's Accelerating IT Success. He worked at Computer Aid, Inc. from 2008 to 2014 in the Harrisburg offices, where he was a copywriter, swordsman, social media consultant, and trainer before moving into editorial.

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