General Knowledge

National Supply Chain Day 2023: Date, History, Facts, Activities

Before formalisation, supply chains were restricted to local regions a century ago. As the Industrial Revolution began, railroads increased the distribution distance.

National Supply Chain Day is observed annually on April 29 to recognise the indispensable role of the global supply chain in people’s daily existence. National Supply Chain Day brings together all stakeholders to discuss recent advancements in the industry. This holiday, which will be introduced in 2020 by a packaging outlet in Georgia, seeks to raise awareness about how supply chains affect us all and how we can be better partners and beneficiaries of the global supply chain management system.

The background of National Supply Chain Day

Before formalisation, supply chains were restricted to local regions a century ago. As the Industrial Revolution began, railroads increased the distribution distance. It wasn’t until the late 1950s that transportation administration became an integral component of operating a large-scale business.

Global supply chain management is an indispensable industry with millions of stakeholders, as a result of the rapid globalisation and technological transformation of the 1990s. In the past three decades, the supply chain has transformed from a collection of sub-specialties into a distinct and globally valued industry. You can now concentrate in supply chain management and develop a career in the field. The dispersed connections of the industry are reuniting under a single umbrella in an effort to foster talent from the beginning. The emergence of machine learning and artificial intelligence has also brought about a profound shift in the manner in which business operations are conducted.

National Supply Chain Day highlights our reliance on the supply chain industry. The observation’s central slogan, “Every link in the supply chain matters,” emphasises the significance of multiple channels and workers at all levels of the supply chain who keep the products moving. The term ‘link’ also represents the significance of our interconnected and interlinked global community. A missing link in a supply chain can jeopardise the entire operation and threaten enterprises across the globe, which ultimately affects us all.

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NATIONAL SUPPLY CHAIN DAY ACTIVITIES

Show your gratitude

The supply chain is comprised of tens of thousands of workers who man the dock, pack the products, organise the logistics, and protect the shipment until it reaches its destination. On National Supply Chain Day, we honour the unsung heroes whose hard work keeps us connected to the rest of the world.

Reconceptualize the supply chain

Environmental hazards and carbon emissions are primarily caused by the supply chain. As the 21st century enters its third decade, our processes must reflect a sustainable approach to supply and demand. On April 29, raise your voice and express your thoughts regarding the development of a sustainable and eco-friendly global supply chain.

Share the affection

Honour the profession by relating a story about the supply chain’s significance in your life. Share on social media the significance of the’missing link’ with the hashtag #NationalSupplyChainDay.

5 OUTRAGEOUS FACTS ABOUT THE GLOBAL SUPPLY CHAIN

In the United States, the supply chain and logistics industry is worth close to $16 billion.

Unplanned ICT outages are the primary cause of supply chain disruptions on a global scale.

70% of consumers are willing to pay a premium for products produced and transported using sustainable practises.

The average supply chain accuracy of U.S. retail operations is 63%.

90% of an organization’s ecological footprint is attributable to its supply chain.

NATIONAL SUPPLY CHAIN DAY DATES

Year Date Day
2023 April 29 Saturday
2024 April 29 Monday
2025 April 29 Tuesday
2026 April 29 Wednesday
2027 April 29 Thursday
Arshiya Khan

Arshiya Khan is a Commerce graduate who loves to write on general and trending topics.

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