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Good Question
GOOD QUESTION | What disruptive innovation will have the greatest impact on the supply chain?
Supply chain advancement is a methodology that extracts hidden profit by connecting the supply chain to other core processes of a business: strategy, product life-cycle management, and sales and marketing. Companies that advance their supply chains to this next level of decision-making will be better positioned to adapt to changing customer needs. Robert Martichenko CEO, […]
Read MoreGOOD QUESTION | How would you define a 4PL?
A 4PL is the conductor of the orchestra. It oversees disparate pieces of the supply chain and brings them into harmony to achieve efficiency and, ultimately, applause from the shipper client. Larry Hall Principal and Founder Logistics Planning Services (LPS) A 4PL manages logistics functions, such as a mix of a private and/or dedicated fleet, […]
Read MoreGOOD QUESTION | Has supply chain impatience gotten out of hand?
Absolutely. While it is nice that consumers can get more things faster and cheaper than ever before, it puts tremendous pressure on retailers to keep profits up. Retailers start moving up sales for each season: back to school, Halloween, Thanksgiving, and Christmas. It’s getting so bad that I predict the Christmas 2018 season will be […]
Read MoreGOOD QUESTION | How would you describe your job to a five-year-old?
MORE TO THE STORY: Comments from LinkedIn Your toys and clothes are made far away. They’re put in big metal boxes that go on ships across the ocean. I work with my team to make sure there’s space for our customers’ boxes on those ships. Inna Kuznetsova President and COO, INTTRA I help […]
Read MoreGOOD QUESTION | What are the characteristics of a great supply chain?
“A great supply chain moves like a prima ballerina on opening night — precise technique, relentless professionalism, and endless hours of preparation all come together seamlessly to make it look effortless.”
Read MoreDrones in last-mile logistics: hype or help?
“Drones will complement the strategies of complex supply chains and cultivate a culture that focuses on innovation. Drones will eventually provide more control/consistency of last-mile logistics, which will improve industry efficiencies; however, we are years from realizing this full potential.”
Read MoreWhat hobbies/activities make you better at supply chain and logistics management?
MORE TO THE STORY: Comments from LinkedIn Supply chain management is like cooking a complicated meal. You must plan well, execute with excellence, and serve perfectly and promptly. Have great tools and multitask. Be creative to create outstanding results. Hannah Kain President & CEO, ALOM Staying active and participating in team sports definitely translates to […]
Read MoreWhat Fictional Character Would Make a Great Logistician?
MORE TO THE STORY: Comments from LinkedIn Professor X, the leader of the X-Men, would be a great supply chain leader. He is the brains behind a successful organization. He is a strategic thinker and influencer. The professor and his team make use of technology that enables them to achieve their goals. Marcia Connors Operational […]
Read MoreWhat’s the first thing you would do to address the truck driver shortage?
The first thing that needs to be addressed is driver pay. Other industries offer higher wages for workers with similar skillsets, so we need to ensure that driving is economically competitive in the marketplace. Secondly, we need to tap into the next generation and let them know that transportation is a viable profession. Steve Pitt […]
Read MoreWho’s more important—your customers or your employees?
This one is easy for me: employees every time. Customers come and go, but it’s employees who determine the frequency. Treat your employees well, invest in their skills, promote and reward customer-centric behaviors, and you’ll never need to answer this question again. Nick Foy Director of Operations, ModusLink Whether they are your employees or your […]
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