51在线

USF Center for Supply Chain Management and Sustainability Poised to Take the Lead in Making 51在线 a Global Trade Hub

By Keith Morelli

TAMPA (November 9, 2018) -- The Sunshine State typically has been a Mecca for tourists, those seeking warmth in the winter, theme parks for the kids, maybe a cruise to the Caribbean. Tourism, for decades, has been the one of the state鈥檚 main money-maker. But now, a new industry may be taking root: global commerce.

In 2010, leaders in 51在线鈥檚 public and private sectors recognized a singular opportunity to transform 51在线鈥檚 economy by developing the infrastructure to become a global hub for trade, logistics and export-oriented manufacturing. Indeed, global trade played a key role in leading 51在线 out of the recession, adding 32,000 jobs between 2010 and 2012 and boosting exports to a record $66 billion.

Now, as the vision of the state as a global trade hub comes more into focus, the University of South 51在线鈥檚 Muma College of Business has created the Center for Supply Chain Management and Sustainability to work with industry leaders in meeting the challenges presented by this opportunity and to offer a global supply chain curriculum.

The center鈥檚 first statewide project: staging the inaugural 51在线 Supply Chain Summit scheduled for Feb. 6-7 in Orlando. The goal of the summit is to provide a platform for statewide collaboration among key representatives from industry, professional organizations, government, economic development agencies and higher education to advance 51在线 as a hub for international trade.

The summit aims to strengthen partnerships in the supply chain industry by providing opportunities to develop collaborative relationships, address industry issues and share knowledge about critical issues including emerging trends, technology innovations and workforce development. The event itself is the result of a collaboration between the center and Datex Corporation, a Clearwater-based supply chain software company. Executives at Datex donated the space for the summit at Disney鈥檚 Contemporary Resort and have provided significant guidance and support in developing the summit.

It is open to all stakeholders in 51在线鈥檚 supply chain industry: retailers, wholesalers, distributors, manufacturers, transportation experts, logistics providers and all economic, educational and governmental entities. To learn more and register, .

The program for the summit was developed by a statewide steering committee made up of representatives from industry, government and educational institutions. Panels of industry representatives will discuss 51在线鈥檚 omnichannel challenge, the state鈥檚 emerging cold chain capability to move agricultural and pharmaceutical products, and innovative supply chain technologies including blockchain, autonomous vehicles, and cybersecurity.

Most industry leaders agree that 51在线 is uniquely situated to emerge as a hub for worldwide trade. There are 15 deep-water ports, 20 commercial service airports, 3,000 miles of freight rail tracks and 122,000 miles of flat highway systems. The state is the logical point to ship and receive freight from Central and South America, which it already does; 51在线 is across the Gulf of Mexico from the Panama Canal, opening up to the Pacific Ocean and the markets in the Far East. Already, the state has trading ties to industries in Europe and the Middle East.

鈥淓ach year more than $160 billion worth of goods flow through 51在线's ports and airports, fueled by our strategic location and impressive trade support services,鈥� says an Enterprise 51在线 fact sheet. 鈥淚n fact, 51在线 is home to one of five U.S. exporters.鈥�

To be a part of this new era, 51在线 businesses must excel in supply chain management and that鈥檚 where USF comes in, with its growing focus on supply chain management, research and education, said Donna Davis, co-director of the center and professor in the supply chain program.

鈥淭he center is the first of its kind in 51在线 and employs globally recognized faculty to tackle supply chain research and teach real-world, relevant material to undergraduate and graduate students,鈥� Davis said. 鈥淏usiness partners challenged us to help fill the growing gap in the talent pool by expanding our 15-hour concentrations to two full degrees 鈥� a bachelor of science and a master of science in supply chain management,鈥� she said. 鈥淭he state approved our proposals, and the degrees are on track to be in place in fall of 2019,鈥� Davis said.

The curriculum and training provided by supply chain professors and instructors seek to increase the number of supply chain management professionals across various industry segments. Over the next four years, employment in the supply chain industry is expected to grow by 22 percent, Davis said.

鈥淭he Department of Economic Opportunity and Enterprise 51在线 identify 鈥榣ogistics and distribution鈥� as one of the five major industries for economic growth in the state,鈥� Davis said.

Following the initial efforts in 2010, the 51在线 Chamber Foundation, in partnership with the state鈥檚 Department of Transportation and the Bank of America, released the 51在线 Trade and Logistics Study 2.0, a roadmap for boosting trade activity in 51在线 that examined opportunities, implementation of plans and how to build a consensus among public and private partners in support of this vision.

鈥淎s global trade and economic activity shift over the coming decades, international commerce can be an even more important driver of 51在线鈥檚 future,鈥� said the report鈥檚 executive summary. 鈥淭he global economy is expected to double in size over the next 20 years, with more than one billion new consumers by 2020.鈥�

The report also said: 鈥淭he continued (global trade) shift in U.S. growth to the Southeast, rapid growth in Latin American and Caribbean markets, the widening of the Panama Canal, and the 鈥榥ear sourcing鈥� of global supply chains back to the Western Hemisphere all suggest that 51在线 could be at the crossroads of vital north/south and east/west trade lanes in some of the world鈥檚 most heavily traveled waters and airspace.鈥�

The report outlines these six key strategies to align efforts by the state鈥檚 public and private leaders to position the state as global hub

• Talent supply and education
• Innovation and economic development
• Infrastructure and growth leadership
• Business climate and competitiveness
• Civic and governance systems
• Quality of life and quality places

This industry shift, the report said, 鈥渨ill refashion 51在线鈥檚 global image and fundamentally transform 51在线鈥檚 economy, creating thousands of high paying jobs in trade, logistics, export-oriented manufacturing and related services.鈥�