The Road to 2025
George W. Prest
Chief Executive Officer, MHI
The next decade will see transformational change in supply chains. This change is being driven by forces beyond your control—your customers, your competition, technology, innovation and economic conditions.
Taking the journey of supply chain transformation is no longer an option, it’s a strategic mandate in order to stay relevant. Only by embracing it can you deliver on the promise of supply chain efficiency, costs savings and speed to market that your customers are demanding.
The Q4 issue of MHI Solutions tackles several trends that are driving this transformational change. These trends are having an impact now, but they will rapidly become the new normal come 2025.
The US Roadmap for Material Handling & Logistics and MHI 2014 Annual Industry Report identified many of these key trends: supply chain collaboration, sustainability, the rise of ecommerce and urbanization.
The question facing manufacturing and supply chain executives is how to prepare to meet the challenges of this emerging future. Investing in infrastructure, technology or human resources alone is not enough. You need a forward-looking strategic plan that includes core competencies and future business objectives, and is in step with the customer and the changing marketplace.
This is the formula for long-term profitability and success. And these are the things that keep leaders up at night. To address issues like these, MHI has expanded the educational and informational offerings at our MHI Executive Summit and Annual Conference being held next week in San Diego, CA.
During this conference, our industry is collaborating to develop a living, growing community to share knowledge and address current and future manufacturing and supply chain challenges and opportunities. Luminaries like Brent Beabout (Walmart), Michael Walton (Google), Dwight Klappich (Gartner) and Jeff Gallinat (Cisco) among others are sharing insights and strategies for building stronger, more profitable supply chains.
Next year’s MHI Executive Summit and Annual Conference will be held October 4-7, 2015 at the Sawgrass Marriott in Ponte Vedra, Florida. We hope you will make plans now to join us there.
I hope this issue of MHI Solutions helps provide the information and resources you need to transform your business along the road to 2025.
