TORONTO, Ont.--The MIT Forum for Supply Chain Innovation recently released a landmark research study in collaboration with PwC on Supply Chain and Risk Management and Making Right Decisions to Strengthen Operations Performance.1 And it’s caught the attention of CITT, said the association in a release.
The study, which examined 209 manufacturers operating in a number of different sectors, "adds pivotal evidence to support the argument that a company’s most important metrics actually hinge on the abilities and expertise of people who are able to run flexible, uninterrupted supply chain and logistics operations-and not the host of other, less controllable factors that often get the attention of management," said CITT.
Previously CITT has shared other research that studied hundreds of companies with global operations and linked corporate performance most closely to uninterrupted supply chain operations. CITT characterizes the new MIT research as the missing link industry needed to prove that profitability and uninterrupted supply chains are more sensitive to people’s professional abilities than anything else.
"Taken together, these studies send businesses a clear message—having the logistics expertise is the biggest factor in a resilient, uninterrupted supply chain, and a resilient supply chain is the biggest factor for profitability," says Catherine Viglas, President of CITT, who wants to tell businesses that CITT's winter semester of specialized logistics and business courses is open for registration until January 10th, with some courses starting about a week later.
"CITT’s specialized logistics courses are a proven way of setting your logistics professionals, and your business, up for better performance. The skills and expertise developed through CITT courses lead to more sustainable, invulnerable supply chain and logistics operations," Viglas said.