Our Vision

Building Global Leaders.

The 20th Century is over. The 21st Century is here to stay.

Thinking of supply chains and logistics as linear flows of money upstream from customer to supplier, product downstream from supplier to customer, and information flowing both ways is so 20th Century. That way of thinking fixates on process alignment and cost reduction as the core of supply chain and logistics operations.

Operational efficiency is sufficient only if your business is confined to the four walls of your company. But that is fiction at best: Once you start re-conceptualizing your company as a collection of business processes, it becomes dauntingly clear that those processes extend beyond the portals of any one building, the boundaries of any one corporation, and the borders of any one country. [Fortune 1994].

Supply Chain Logistics is an integrated business eco-system driven by the increased complexity of world trade – highly competitive, super connected and changing fast, amidst a volatile global environment. Strategically, Supply Chain Logistics is a business enabler, revenue driver and competitive differentiator.

Competition itself has been redefined: it’s no longer Company vs. Company or Product vs. Product, but Supply Chain vs. Supply Chain. Competitors not only have to duplicate or produce better core products, but they must also compete against the entire system of independent complementors and suppliers that form your company’s value network.

In the 21st Century, Global Value Chains demand strategic leaders not just process leaders. Strategic leaders pursue excellence, create value, handle complexity.

Who will be those leaders in the future? What will their challenges be?

As practitioners and professionals, companies and organisations, we can sustain:

• Development of 21st century leaders through education and training;

• Awareness of 21st century challenges of Global Value Chains through research;

• Global trade built on worldwide networks of communities of certified professionals.

The Logistics Employment Training Trust (“LET Trust”) was incorporated as a charity in 1995 by The Logistics Institute with the mandate to provide financial resources to individuals seeking careers as supply chain logistics professionals through formal training programs and to leaders of organisations seeking to advance our understanding of the complexities of Global Value Chains through applied research.

We invite you to learn more about the LET Trust and look forward to working with you to help meet the demands of 21st century leadership.