Contact: Madeleine Miller-Holodnicki, ABC, Manager of Communications +1 630.645.

3487 For Immediate Release Freight Volumes Down, Inventory Levels Up Reveals Key CSCMP Benchmark Report to Be Released this Month Lombard, Illinois USA (June 11, 2008)—The Council of Supply Chain Management Professionals (CSCMP) will release its 19 Annual “State of Logistics Report ” at a press conference on Wednesday, June 18 at 9:00 am at the National Press Club in Washington, DC. For the last 19 years, the Annual “State of Logistics Report ” has benchmarked key metrics in US logistics, such as transportation and inventory-carrying costs, freight volume, and revenues, giving practitioners a big-picture view of the performance of the US supply chain process. A complete portrait of industry statistics, their impact, and recommendations will be contained in the full-length report. “This year’s report examines the most significant trends in US logistics, such as rising inventory levels,” said Rick Blasgen, CSCMP president and CEO. “We’re seeing more growth in wholesale inventories than we are in retail inventories, which is an important development. This trend reflects a complete shift in how supply chain managers are handling inventories. Record high fuel costs also continue to impact operating ratios as fuel becomes one of the industry’s largest expenses.” This year’s “State of Logistics Report ” reveals some of the bright spots in the industry despite the stalled economy, like the surge in US exports which has led to increased traffic through east coast ports. Capacity reductions brought on by the downturn in the economy, however, will further exacerbate expected capacity constraints when the economy recovers. According to the report, responsiveness and agility have been the key factors bolstering the supply chain industry. “Distribution systems are being redesigned to optimize the handling of growing inventory levels,” said Blasgen. “Carriers are entering new markets and providing new services as volumes decline and length of haul continues to drop. New technology that enhances supply chain visibility and enables dynamic rerouting is being employed to optimize systems.” A panel of supply chain professionals will discuss the report’s findings. The panel will be headed by Mark Richards, vice president of Associated Warehouses, Inc. and will include Rosalyn Wilson who prepared the report. Other panelists will include executives from Whirlpool, The Limited, Inc., Saddle Creek Corporation, and CVS.
® ® th ®

Founded in 1963, the Council of Supply Chain Management Professionals is the preeminent association for individuals involved in supply chain management. CSCMP provides global educational, career development, and networking opportunities to over 9,000 members.

For more information, please contact: Madeleine Miller-Holodnicki, ABC Manager of Communications Council of Supply Chain Management Professionals (CSCMP) 333 East Butterfield Road, Suite 140 Lombard, Illinois 60148-5617 USA mholodnicki@cscmp.org

Sign up to vote on this title
UsefulNot useful