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Chris Caplice and Joe Lynch discuss MIT Center for Transportation and Logistics and a wide range of logistics and supply chain topics. Chris is a Senior Research Scientist at MIT and serves as the Executive Director of the MIT Center for Transportation & Logistics (CTL). He received a Ph.D.
Currently Vice President of Information Security at DAT Freight & Analytics, she leads the vision, strategy, and execution of advanced security protections. in Cybersecurity from Northcentral University, while teaching Cyber courses in the evening and advising Women in Leadership at the University of San Francisco.
Curtis is the Senior VP of LTL at FreightPlus , a managed transportation provider. About Curtis Garrett Curtis Garrett is the Senior VP of LTL at FreightPlus, a managed transportation provider. The course is unique in that it uses humor, visual appreciation, deep thinking, and lightbulb moments to help students learn about LTL.
Samantha is the Founder of Samantha Jones Consulting which is focused on helping companies in the logistics industry increase their sustainable revenue by building and implementing customized and enhanced sales and brand strategies. Insights on the consolidation of the freight brokerage industry and the role of advanced technologies.
Summary: Building Resilient Sales Teams Nick Klingensmith is an obstacle course racer, motivational speaker, and mindset coach whose company Stride Motivation helps high achievers set and accomplish meaningful goals. Nick delves into strategies for fostering a strong team identity and aligning individual passions with a shared purpose.
Burak Cendek and Joe Lync h discuss the VC perspective – in other words, how venture capitalists view opportunities in the transportation and logistics industry. Burak has worked with more than 200 entrepreneurs over the course of his career. About Burak Cendek.
Tim Higham and Joe Lynch discuss the free TMS, which is of course AscendTMS. About Tim Higham Tim Higham is a leading visionary in the logistics and transportation field, running the highly successful InMotion Global, Inc. AscendTMS). The 3PL was sold in 2014. After selling his company, IRC, Inc.,
Prior to joining the Manifest team, Katie spent almost 10 years at the MIT Center for Transportation and Logistics. Additionally, Katie was responsible for the creation, implementation, and management of several custom executive education courses.
Knowing about her blogging side hustle, the executive team allowed her to take on the additional responsibility of the company’s digital marketing initiatives where over the course of 5 years, orchestrated two website redesigns, implemented an inbound marketing initiative, and established a sales outreach plan. 00:36:05] Starting a Podcast.
Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. As a result, the simplest way of defining a big data strategy must begin with understanding how it will evolve and affect the company. . How to Get Started with Your Big Data Strategy. . Hand-held scanners.
As organizations continue to adapt to the roller-coaster ride of 2020, some leaders’ pre-pandemic IT strategies brought business resilience even as COVID-19 struck. Indeed, some organizations spent several years laying the foundations for data-driven strategy and remote operations even prior to COVID-19.
In the ever-evolving supply chain industry, transportation spend optimization – or TSO – has assumed greater significance. The need to blend operational efficiency with sustainability and fiscal prudence has organizations exploring innovative ways to help ‘future-proof’ transportation spending challenges.
Shippers and transportation managers alike focus on market recovery, including shipper and carrier revenue goals. However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. Updating tracking processes for load location monitoring.
Transportation options: Costs and lead times for each available transportation mode. Transportation costs: Freight rates, fuel and labour costs, and other transportation expenses. Route data: Transportation routes, distances, and transit times. Inventory turnover: Inventory turns for each SKU.
As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.
Thats why its more important than ever to focus on strategies that work and make them part of your plan moving forward. Lets explore the key strategies that can keep your business ahead of the competition in 2025. Make Sustainability a Core Strategy Consumers care more than ever about where their products come from and how theyre made.
Oracle Fursion Cloud Transportation Management offers a solution that allows transportation planners to see estimated emissions – carbon dioxide, nitrous oxides, and particulate matter – before a trip is executed. Transportation is, of course, a major source of green house emissions. That is more than any other sector.
So everything in the retailer’s Supply Chain strategy needs to be focused on the customer, and of course the shareholders, that goes without saying. Well that of course depends on the type of retailer we’re talking about. Quality is of course a given. And they have very different dynamics. Often 60-70% of total sales.
The decision to opt for frozen products over fresh ones is not just about convenience; it is a calculated strategy to strike a harmonious balance between buyers’ wallets and taste buds. The shift from fresh to frozen alternatives in the food and beverage industry has had significant implications for cold chain transportation.
In the complex world of modern transportation, companies lacking the experience to professionally handle the intricacies of transportation management are sure to find controlling shipping costs an extreme challenge. Freight costs are eminently controllable, however, efficiently managing this major budget item requires expertise.
In this post, the project44 team highlights the importance of network connectivity, real-time information, and business intelligence and analytics in maximizing the value delivered by transportation management systems (TMS). Faster and more accurate data can have a massive financial impact over the course of a year.
Thankfully some strategies can be used to mitigate the cost. This is a fiscally sound strategy that cuts down on reverse logistics costs for organizations. As more people continue to purchase products online, the cost of transportation is rising. There is a need to respond to customers and of course, some investment is required.
Data-driven transportation management , including the checks and reviews that accompany healthy data management practices, are part of the process of getting the most out of the tech stack. And pre-emptive strategies that help isolate and address real-time problems will inevitably rely on real-time freight data and easy-to-access systems.
And while uncertainty still hangs over many businesses, others are adopting new practices to shore up their shipping strategies in a post-COVID marketplace. 2020 proved that there are still steps to be made if businesses are going to build shipping strategies designed to withstand any storms that come over the horizon. .
A plan is necessary, possibly based on one of the following strategies. Hidden Opportunities for Supply Chain Cost Reductions Of course hidden costs, if you can find them, mean hidden opportunities. Much depends upon the nature of your supply chain operation of course. Reverse Logistics Strategy 1: Don’t do it!
The previously mentioned Supply Chain Brain article elabourates, A transportation-management system (TMS) and warehouse-management system (WMS) allow for greater efficiency over the course of a reverse logistics operation. The post Reverse Logistics: The 5 Keys to a Successful Strategy appeared first on Morai Logistics Inc.
Transportation analytics is rapidly evolving into the next age of discipline for the supply chain. From peaks and valleys in sales to highs and lows in income channels, transportation analytics can help managers, 3PLs and partners stay on the same page, focused and unified. Diagnostic analytics seeks to answer that question.
As shippers either figuratively or literally flipped the calendar page over to 2022, the hope was that at least some of the capacity crunches, driver shortages, labor issues and freight rate increases that took hold in 2021 would begin to heal themselves and create a more balanced transportation marketplace. Unfortunately, this didn’t happen.
In this eBook , entitled Decarbonisation of Transport Operations, Editor Peter MacLeod delves into the comprehensive efforts of Girteka , a Vilnius-based international logistics company, to tackle the environmental challenges facing the transport industry. Click here to read it now for free. Read our other recent eBooks here.
It depends on whom you ask, of course. We’ve crossed the halfway mark of 2023. How would you characterize this year so far, from a supply chain and logistics perspective? Better or worse than expected? Any surprises? I’m sure many carriers, for example, are not celebrating the first half of the year.
Efficient and sustainable transport solutions are key concerns for the logistics provider Gebrüder Weiss, and now they are being systematically rolled out in Central and Eastern Europe as part of its overall sustainability strategy. The post Electric truck transports HP products in CEE appeared first on Logistics Business® Magazine.
Of course, gamification can only be used in processes requiring human input, since it drives performance by way of motivation. Gamification is not just another term for incentivisation, at least not in the same sense as conventional incentivisation strategies.
Operational excellence, of course. What capabilities are most important, especially from a transportation management system? The post The Role of TMS in a Logistics Partner’s Strategy and Value Proposition appeared first on Talking Logistics with Adrian Gonzalez. What do shipper’s look for in a logistics partner?
Science, technology, engineering and mathematics (STEM) skills should be more heavily included into the educational courses of today’s students. Specifically, more manufacturers should offer training courses focused on STEM education to workers in lower-paying, less-intense positions. Implement Sustainable Manufacturing Practices.
Overcapacity Could Be Maersk’s Salvation … and Strategy. In 2015, Maersk Transport and Logistics generated nearly 75% of Maersk’s revenue. The new unit, merging Maersk Line with DAMCO, Svitzer, APM Terminals and Maersk Container Industry, will be called Maersk Transport and Logistics. This isn’t a new strategy.
The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Transportation modes used in procurement and shipping.
Of course, measuring revenue through the growing demands for both contract and spot freight transportation is never simple addition and subtraction. Of course, tracking overall detention across a carrier’s network can seem overwhelming. Of course, it helps to know how the trends are shaping up over days, weeks and even months.
Of course, no disruption comes close to those that have been experienced to date in 2020. Yes, AI and machine learning build on algorithms to isolate historical trends and derive a likely transportation rate. Companies simply do not have the luxury to make last-minute decisions for basic transportation moves. But this is 2020.
Updated: 12/03/2023 Logistics and the transportation of goods are very diverse and complex industries. Shippers rely on overseas shipping, air transportation, and ground delivery to move freight. Therefore, it involves many shipping modes or different modes of transportation and ways of shipping goods.
And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. Lengthy lead times and high transportation costs can increase the cost to serve for some customers and products while staying hidden amid the bigger picture. Are Your Profit Margins Declining?
This, of course, left some large shoes to fill, and unfortunately, 2019 could not meet the mark, with freight rates falling by 27 percent as per Camino Financial. All findings point to one thing: shippers must begin planning their 2021 strategies now. Learn more about what the trucking industry could look like in 2021 now.
When it comes to transportation and logistics, the market is a decidedly different place than it was only a few short decades ago. Part of the focus for this years study is the relationship between strategy and structure. and 30.9%, respectively,” says Logistics Management.
So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services. The Post-2016 Strategy: End-to-end Shipping. The shift to full end-to-end integration, of course, leaves no one else in the middle.
Build Touch-Plan Strategies For Different Order Types. These facts imply a touch-point strategy should be in place for different types of orders placed, including e-commerce orders. This transportation management system (TMS) is key to reducing delays and keeping the entire supply chain flowing properly.
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