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Good Question
GOOD QUESTION | What Supply Chain Terms Do People Sometimes Confuse?
Carrier vs. broker or 3PL. Shippers often don’t recognize the value difference—and motivations—of an asset owner versus a non-asset player. We’re measured the same, but when the rubber meets the road, it’s the asset provider who has to deliver. The key is to understand where a broker brings value. Greg Orr President, CFI Savings vs. […]
Read MoreGood Question: Will the Supply Chain Management Function Be Obsolete in 10 Years? Why or Why Not?
Zero chance. Supply chain success is dependent upon human relationships, collaboration, partnerships, leading and influencing, servicing customers, and the like. Robots, algorithms, and other new technologies will make certain jobs obsolete, but not the function of supply chain itself.
Read MoreGOOD QUESTION | When choosing a logistics provider, what’s more important: cost or customer service?
With a tumultuous global economy and trade uncertainties, the most important consideration is value. Can they provide global visibility to your supply chain? Can they help you effectively navigate the ever-changing regulatory landscape? Park Williams VP, North America Sales BDP International Customer service. Simply put—you can win and lose with cost, but you will always […]
Read MoreGOOD QUESTION | Popeyes chicken sandwich shortage: Supply chain fail or marketing savvy?
All marketing strategy in my humble opinion. Like a limited release of Jordan sneakers and then a re-release at a later date. Milton O’Quinn III National Operations Manager, RPM It’s a great lesson—companies should do more data analytics to better understand how consumers respond to social media marketing and build up supply chain agility and […]
Read MoreGOOD QUESTION | What’s the 2020 supply chain buzzword or phrase?
GIG WORKER. Embracing this growing segment of workers is the key to helping companies handle variability—from last-minute orders to seasonal swings—while remaining agile. Robert O’Dwyer Logistics Industry Principal Kronos Incorporated AI. It has only just begun to transform freight and logistics. With innovation comes new services and opportunities for cost savings or efficiency gains. Oren […]
Read MoreGOOD QUESTION | What’s the first thing to look for when selecting a logistics partner?
Common goals and transparency.
Read MoreGOOD QUESTION | How Can Brick-and-Mortar Retailers Compete with Amazon?
Don’t try and compete with Amazon. Identify what your customers want most and over deliver. Optimize the supply chain to provide flawless execution.
Read MoreGOOD QUESTION | What’s the quickest way to improve return logistics?
Make sure information systems, distribution networks, and transportation capabilities work together seamlessly. Perry Belcastro Senior Vice President, Fulfillment Services Saddle Creek Logistics Services Leverage artificial intelligence to identify key drivers causing returns/claims. This can provide insights that can be used to optimize delivery, reduce volume, and provide critical information to engineering to improve products. Tom […]
Read MoreGOOD QUESTION | What’s the most neglected part of the supply chain?
Reverse logistics is usually an afterthought. Heather Jarvis-Gann Logistics & Dispatch Crestwood Midstream Partners LP Defining what supply chain management is for your company is key to writing the right job description and attracting the right talent. Tyler Chamberlain, MBA Supply Chain Manager Capital One Compliance is often viewed as a cost center and is […]
Read MoreGOOD QUESTION | What’s one supply chain myth you’d like to debunk?
Myth: Reducing labor costs is the best way to improve a supply chain operation. Much bigger gains can be made in reducing total supply chain cost by improving service levels and reducing lead times.
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