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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. The Logistics of Logistics Podcast. About Chuck Wallace.
Logistics is a confusing term that many people new to the industry have trouble with, not being entirely sure what it covers and what it doesn’t. So what is logistics? Well, as Logistics Bureau has decades of experience in the industry, we’re in a pretty good position to give you a definition of what logistics really is.
Marketing myopia may have been defined more than 50 years ago, but it still ails many a logistics organisation. He suggested that businesses are more likely to prosper if they focus on meeting the needs of customers, instead of selling products. Like other valuable contributions to marketing or other fields, Levitts premise was simple.
The topic of logistics might seem to be matter for military commanders, being typically defined as the art and science of maintaining and moving forces or variations thereof. Logistics is the connective tissue between the military and the national economy, and is a verb as much as it is a noun.
Near the end of 2021, I had the chance to make the early call on Logistics Viewpoints on what 2022 would look like across five major logistics themes. The verdict would have been “definitely nailed it” if we were counting all of the “ML-washing” going on in the supply chain and logistics technology market.
Many people get confused about KPIs or Key Performance Indicators in Logistics and Supply Chain operations. Still, in this article, I will help you evaluate the need for supply chain and logistics KPIs in your organisation, and identify which types of measurement might be most appropriate. Which ones to use?…
ARC’s definition of omni-channel fulfillment is end-delivery centric. However, the use of multi-echelon inventory optimization software can help retailers to identify the appropriate amount of stock needed at stores, warehouses, and distribution centers to meet desired service levels.
The logistics outsourcing partnership has a split personality. References and case studies abound to show how organisations use logistics outsourcing to become more efficient and more profitable. Could it be that the rules about how to succeed with logistics outsourcing partnerships no longer correspond to what is really needed?
The logistics industry has changed over the last decade, with outsourcing emerging as a cornerstone of a modern supply chain strategy. Many companies use outsourcing to meet their product demand, even if they don’t use it for their entire supply chain operation. Expectations too high Pitfall number 1 is to expect too much.
Let’s start with a definition: any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence (AI). It is also worth pointing out, that based on this definition, not all forms of machine learning are particularly complicated.
Not even soda bottles, one of the most common items thrown into recycling bins — meets the threshold to be called “recyclable” according to standards set by the Ellen MacArthur Foundation New Plastic Economy Initiative. The research is not definitive. appeared first on Logistics Viewpoints. Damage to lungs?
Coupa meets this definition. The post Top Takeaways from Coupa Inspire appeared first on Logistics Viewpoints. What seems to be meant by many vendors is that their solution is a platform because they offer development tools that allow their customers or partners can use to build extensions to their solutions.
Accountability: In business (and therefore supply chain and logistics) management, accountability is the term used when an individual is answerable for the completion of tasks or performance of services. For example, accessorial charges might include fees for loading, unloading, palletisation, or depalletisation.
Polycrisis” was the talk of Davos at the recent meeting of the World Economic Forum, which defines it as “…a term used to describe the current global situation, where multiple complex, interconnected crises are occurring simultaneously.” And the true secret sauce to excellence is to fold in systems thinking and organizational learning.
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