CMO Council's Strategic Interest Group: Marketing Supply Chain Institute

Program Overview

Marketing Supply Chain Institute

The Marketing Supply Chain Institute is a dedicated knowledge center focused on benchmark studies, cost audits and competency assessments, best practice development.

The Marketing Supply Chain Institute is a dedicated knowledge center focused on benchmark studies, cost audits and competency assessments, content aggregation, report publication and syndication, peer-to-peer interactions, best practice development, vertical industry analytics, and global models and frameworks for strategic sourcing and supplier management.

background

Go-to-market is a business critical, highly complex, and carefully sequenced process today. However, there can be multiple points of disruption, distress and deficiency in this ecosystem, which is essential to value creation and competitive advantage for any consumer or business marketer. This program combines a series of best practice interviews with a comprehensive demand chain performance audit to address how well marketing content and consumables are delivered to the front line, as well as how this impacts sales effectiveness, revenue generation and customer retention.

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Curated Facts & Stats

The U.S. has rolled out a deluge of tariffs, sparking responses from trading partners. Here’s where each tariff – threatened or realized – currently stands.

Source: Supply Chain Dive

The European Commission is taking steps to target roughly $107 billion worth of imports if it can’t make a tariff deal with the U.S.

Source: Supply Chain Dive

By mid-May, the US and Chine countries will charge 10% baseline duties during the period and remove certain retaliatory levies that pushed rates over 100%.

Source: Supply Chain Dive

The uncertainty, market disruption, cargo fluctuation, and lost business caused by the initial and remaining tariffs is still a significant concern

Source: Supply Chain Brain

About 5% of workforce managers will be managing robots like people, as predicted in “Gartner’s Top Strategic Supply Chain Predictions for 2025 and Beyond.”

Source: Supply Chain Brain

The gap between generations in terms of wealth and property ownership will continue to drive global and social change in 2024. According to research conducted in 2023, the median wealth of millennials (born early eighties to late nineties) is less than half that of baby boomers (born mid-fifties to mid-sixties) at the same age.

Source: Bernard Marr/Forbes

Macroeconomic trends, first-party data and the influence of artificial intelligence will all be instrumental for marketers next year.

Source: Marketing Week

The relevance of artificial intelligence (AI) in digital marketing is growing. According to McKinsey, generative AI’s impact on productivity could add trillions of dollars in value to the global economy. In 2024, marketers should make use of AI-powered technologies to optimise performance.

Source: Marketing Week

With constant change in the marketing, media, and tech landscape, it’s nearly impossible for CMOs to keep up with what the job demands. And let’s add the inherent misalignment between the CEO and CMO around customer obsession to the list of stressors. The good news? CMOs who show up as strategic business leaders don’t just drive results but are viable CEO successors.

Source: Forrester

According to research by Metrigy, CX is the number one priority for companies increasing their technology spend during 2023, with 65 percent of companies planning to do so – by an average of 24 percent.

Source: Forbes
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Curated Reading

Program Themes

  • Marketing Supply Chain
  • Marketing Operations
  • Data Management

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