Earthquakes, political unrest, a growing worldwide middle class, an aging population, and the need for clean technologies…while not typically topics that bring about positive feelings, they are issues that affect us every day in our sourcing decision-making. Not all careers are as impacted by world issues and affairs as those in supply chain, sourcing and outsourcing. When an earthquake strikes in Haiti…or more recently, New Zealand, we feel the aftershocks all over the world in this line of work. It is a good reminder that the world is small and interconnected, and that we are all impacted by some of the same concerns. I hope you are able to join us at our upcoming Global Sourcing Summit in Florida March 15-17th to explore these and many other issues that are facing member companies today.
I am always in awe when we get this close to a Summit and take the time to read the abstracts that have made it to the final agenda. So much thought leadership and passion is brought to the table along with the Who’s Who in business. Speaking of which, I hope you have seen our announcements that Steve Forbes, our Wednesday keynote speaker and a true “who’s who” has graciously rearranged his schedule in order to participate in our Executive Roundtables and opening night reception Tuesday. I hope you all get some personal time with him at SIG. As a man that sits at the forefront of every major economic issue, he is uniquely qualified to share his thoughts on how the financial world is impacted when catastrophic events affect our sourcing decisions and success.
It is my other personal hope that we elevate our outsourcing discussions: that we start the conversation that not every outsourced action is an offshoring decision; that these terms are not synonymous; and that they don’t both mean net job elimination. Both outsourcing and offshoring have received a lot of media attention—unfortunately, many politicians use these terms interchangeably, with little understanding as to what each term actually means. While we have national borders, we are one world that can raise the standard of living worldwide with the proper allocation of resources. Please join me in this conversation and clarification so that our industry can work to enlighten everyone about the strategic impact we bring as a community and the positive things happening in nearshoring, offshoring and outsourcing.