Established in March 2007 (as the Center of Excellence for International Trade, Transportation and Logistics), the Center of Excellence for Global Trade & Supply Chain Management is guided by industry representatives to lead collaborative and coordinated statewide education and training efforts to build a competitive workforce in a global economy.
Washington is the most trade-dependent state in the country. One in three jobs are directly related to international trade. Production of both raw material (i.e., agriculture products) and finished goods (i.e., airplanes) contributes to our robust export economy, fifth largest in the U.S., which has only grown stronger in tandem with the rise of markets in Asia (Washington state is the second largest exporter to China). Our geography, vibrant business community, and diverse and skilled workforce strategically positions Washington state to continue to develop and take advantage of this exciting industry.
Industry Overview - With the rapid advance of globalization over the last century, now more than ever is our world interconnected; every day, millions of people, ideas, culture, and goods move across international borders, creating more diverse societies and more efficient economies.
As global business competition expands, companies large and small are finding the advantages of sourcing, trading, and selling their products and services across vast distances, both nationally and internationally – a process made possible through effective supply chain management.
What is supply chain management? Supply chain management is a cross-functional industry that includes international trade, transportation, and logistics. It comprises all of the activities that take place to get a product in a consumer’s hands – from the time raw materials are extracted to the minute a consumer takes the final product home. Supply chain management links major business functions and processes within and across companies into a cohesive, high-performing business model.