National Supply Chain Day April 29, 2023

National Supply Chain Day is celebrated on April 29 every year to mark the binding importance of the global supply chain in the everyday lives of people. National Supply Chain Day brings all stakeholders together to share recent developments in the field. Introduced in 2020 by a Georgia-based packaging outlet, this holiday aims to raise awareness about the way a supply chain affects all of us, and how we can be better partners and benefactors of the global supply chain management system.

What are the basic steps of supply chain management?

The five basic steps of supply chain management are plan, source, make, deliver, and return.

What is a supply chain?

A supply chain is the collaborative organization performance of vendors and suppliers to ensure the safe and timely movement of goods from one port to another.

When was the first supply chain launched?

The first successful implementation of a supply chain was done by Ford to consistently produce goods on a large scale.

Show your appreciation

The supply chain consists of thousands of workers who man the dock, pack the goods, work out the logistics, and safeguard the shipping until it reaches its intended hands. On National Supply Chain Day, we show our appreciation to the thankless warriors whose diligent work keeps us linked with the world.

Re-imagine the supply chain

The supply chain is the leading cause of environmental hazards and the biggest contributor to carbon emissions. As we enter the third decade of the 21st century, our processes must reflect the sustainable approach to supply and demand. On April 29, raise your voice and share your ideas about building a sustainable and environment-friendly global supply chain.

Share the love

Honor the profession by sharing a personal story about the importance of the supply chain in your life. Post the significance of the ‘missing link’ on your social media with the hashtag #NationalSupplyChainDay.

5 INCREDIBLE FACTS ABOUT THE GLOBAL SUPPLY CHAIN

It’s a billion-dollar industry

1. In the U.S., the supply chain and logistics industry are valued at nearly $16 billion.

Disruptions

2. The leading cause of global supply chain disruption is the unplanned I.T. outage.

A race towards sustainability

3. 70% of customers are ready to pay more for goods made and shipped via sustainable means.

It’s mostly a gamble

4. U.S. retail operations’ average supply chain accuracy stands at just 63%.

It’s bad for the environment

5. 90% of a business’ ecological footprint is due to the supply chain.