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The Beyond Belief Impacts of VUCA on Supply Chains and Commerce

(12:30 PM
1:30 PM)
About the Author
Tompkins International Staff
Tompkins International Staff

According to Wikipedia’s definition, “VUCA is an acronym-first used in 1987 to describe the Volatility, Uncertainty, Complexity and Ambiguity of general conditions and situations. The U.S. Army War College introduced the concept of VUCA to describe the more volatile, uncertain, complex and ambiguous multilateral world perceived as resulting from the end of the Cold War.”

We are fortunate to have Dr. James A. Tompkins, one of the world’s leading supply chain thought leaders, to address the impacts of VUCA on today’s supply chains and commerce. In fact, Jim recently stated that “the impacts of digital commerce on supply chains and commerce are far greater than the ending of the Cold War in 1991. Yes, the Berlin Wall coming down, the ouster of the Communist regimes in Eastern Europe and the end of the Soviet Union were big deals. But, the lifting of the Iron Curtain was minuscule when compared to the impacts of VUCA on how business works and how people live.”

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