Trey McClure, vice president of supply management with Lawson Products, explains the importance of supply "change" management -- and identifies a shortage of leaders who can address the issue today.

The Institute of Logistics and Supply Chain Management (ILSCM) has opened in Johannesburg with the aim to partner with industry and to improve the general caliber of those pursuing careers in logistics and supply chain and related disciplines.

I call attention to a misconception among business reporters and analysts concerning the lack of expertise in the supply chain arena. A recent Wall Street Journal article The Hot New MBA: Supply Chain Management is making the rounds of various Logistics blog circles. Basically, the article tells us that there are not enough experienced logistics and Supply Chain professionals to go around. And that universities are ramping up to offer courses that will help business fill the gap. This, of course, is nonsense.