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Chuck is the CEO and Co-founder of High Definition Vehicle Insurance (HDVI) , where he leads an experienced team of insurance, technology, and trucking industry experts who deeply understand the challenges of today’s fleets. High Definition Vehicle Insurance, Inc. Chuck Wallace and Joe Lynch discuss the HDVI story.
As a general definition, a 3PL helps a company to get its offering, conceived in place A, into the hands of its customers in place B. The solution is to back up, figuratively speaking, to the general definition of the need and see how overall trends and developments in the world could make this need map onto other, different solutions.
Key Takeaways: Retail Non-Compliance Costs In the podcast interview, Tony and Joe discussed: Retail non-compliance definition. Experienced team: Over 45 years in the industry, ensuring a knowledgeable and efficient operation. Retail non-compliance costs including financial penalties, damaged relationships, and lost business.
Background TWI stands for Training Within Industry, a program developed during WWII by the U.S. During the war there was huge growth and turnover within the industrial base as production shifted from civilian products (locomotives, for example) to wartime production (tanks). But to me , this is the very definition of compliance.
The company continued to grow during COVID even as the industry shrank. The workforce definitely is not as available and as plentiful as it used to be. We’ve had some customers tell us that it takes them two weeks to train somebody how to pick down an aisle, and yet with our system, they can train them in a couple of hours.”
On the other hand, a number of pundits still consider logistics outsourcing to be an emerging industry, with estimates that as much as 50 percent of such outsourcing ventures fail to meet expectations. Could it be that the rules about how to succeed with logistics outsourcing partnerships no longer correspond to what is really needed?
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