Just four years ago, most people knew little about supply chain dynamics, shipping issues, or the logistics industry. Then, a global pandemic, a baby formula shortage, and a supply chain crisis changed all of that. Almost overnight, everyone had an opinion on product pipelines and shipping routes.
The dilemma, however, didn’t catch NICK VYAS off guard. Vyas is the founding director of the RANDALL R. KENDRICK GLOBAL SUPPLY CHAIN INSTITUTE, and he foresaw potential disaster long before the pandemic.
“We were the first ones to call out these potential structural issues of the global supply chain, way before COVID,” said Vyas. “I was concerned about how much our global supply chain networks had become too risky, too cost- and speed-centric, that it had lost the focus on resiliency, agility, and sustainability.”
Now, of course, everyone is an expert on the supply chain. In fact, Vyas asserts that the phrase has become common knowledge from academia to junior high.
“I propose that you can now go into a middle school and take a poll of seventh and eighth graders and ask them a question about what the supply chain is,” said Vyas. “They might not give you technical definitions, but I can guarantee you that, overwhelmingly, they know what a supply chain is.”
Vyas posited that while the supply chain used to be the backbone of our society, it now stands at the forefront, at the very center of world infrastructure. As such, it’s essential the process remains intact — from the development of raw materials to manufacturing products to the delivery of goods. Yet, within this complex web of production comes risk and cost, not the least of which is the supply chain’s impact on the environment.
Most people know that a high degree of pollution comes from large corporations. What they may not realize is that 90% of that pollution — including the release of greenhouse gasses — is caused by the supply chain. Vyas and professors at the Kendrick Institute are working to educate students on this crisis.
One of these leaders is GREYS SOŠIĆ, the senior vice dean of faculty and academic affairs, professor of data sciences and operations, and founder of a class on sustainable supply chains, fittingly titled Sustainable Supply Chains (DSO 505).