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Chris Caplice and Joe Lynch discuss MIT Center for Transportation and Logistics and a wide range of logistics and supplychain 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.
Supplychaintechnology is a difficult, exhilarating topic to cover in detail. Supplychain managers will focus on several key supplychaintechnology implementations or considerations which will impact consumer spending habits, consumer-business interactions and performance measurement.
We decided 8 or 9 years ago that to create a competitive advantage, we really needed to control much of our supplychain. We’ve taken the same hybrid approach from a supplychaintechnology perspective. I’m responsible for the overall digital transformation, including technology.
Ryan is the Co-founder and CEO of GoodShip , an all-in-one platform for supplychain analytics, carrier management, and transportationprocurement About Ryan Soskin Ryan Soskin is a 13 year logistics veteran and three time startup unicorn alum with a long history in freight tech. years and a $1.8B
SCMDOJO Academy elevates your procurement and supplychain skills through its extensive course library. Mastering Procurement – Essentials Skills and Competencies Mastering Procurement by Maryna Trepova is the ultimate Procurement and Purchase Management course for Engineers, Entrepreneurs, Managers, and Students.
Subscribe to SupplyChain Game Changer. SupplyChain Investment Challenges – Real and Imagined! Intelligent SupplyChaintechnologies article and permission to publish here provided by Dan Weinberger , UN SupplyChain Expert and CEO of Morpheus Network. Blockchain Technology.
Mike has extensive experience in Transportation and Logistics from procurement through operations leadership spanning 25+ years. Lack of continuous improvement – once the technology is implemented companies want to disband the team and move on, which often leads to under-utilized technology, misguided work-arounds, and a poor ROI.
Last week, Clint Reiser published an article highlighting our 2022 supplychain predictions. While we have published predictions about supplychaintechnology trends at the beginning of the year in past years. This year we have decided to lead with our predictions about the broader supplychain function.
Supplychain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. Let’s break down these key components: Procurement: This is where it all begins.
and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Dave Maddox has over 39 years of industry experience, Maddox specializes in SupplyChain & Transportation Sales, with operations management in distribution, supplychain cost improvement and transportation.
Then, executives need supplychaintechnology to stay ahead of the game. But what technologies we should pay attention to? The concept of “connected logistics” covers the relevant end-to-end processes of warehouse management, transportation management, track & trace and the entire logistics network.
If you were tasked with procuring the best supplychain IT system, what would you look for? SCM software enables communication and integration between suppliers, purchasers, manufacturers, warehouse facilities and transport operations.
DAT iQ provides freight intelligence to inform your budget and procurement strategies so you can navigate market volatility with greater confidence and agility. This segment is in the growth stage of its evolution, serving large enterprise brands and their Logistics, Procurement and SupplyChain teams.
The roles of logistics and procurement in an efficient supplychain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. The age of technology has the potential to dramatically reduce inefficiencies in the supplychain.
Kelly is the VP, Product Management of Trimble Transportation , a technology company that offers a suite of transportationtechnology solutions, including fleet management, route optimization, and freight visibility tools, to improve efficiency and safety.
As a third-party logistics company focused on over the road transportation management, and having an LTL rating engine and web-based TMS for nearly 20 years (web-based even before Google!), at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well.
When it comes to keeping trucks on-time at a warehouse or distribution center, technology plays an essential role. Transportation management systems and real-time visibility solutions have generated the majority of attention for streamlining the process of getting a truck to the dock, loading or unloading it, and getting it back on the road.
Maggie is the Vice President of Strategic Initiatives at Emerge , a company that is Reinventing Freight Procurement. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. About Maggie Petrovic. Key Takeaways: The Freight RFP Process is Broken – Let’s Fix It.
When she’s not writing about 3PLs you can find her in the cold chain world hosting Running on Ice. Expertise in operations, LTL pricing and procurement, flatbed operations, dry van, tracking and tracing, reality tv shows and how to turn a stranger into your new best friend. Modernizing the logistics back office.
Bill is the President and CRO of Transflo, the trusted industry leader in mobile, telematics, and business process automation solutions to the transportation industry. Bill Vitti joined Transflo as President in early 2022, with more than 25 years’ experience in the transportation industry. About Bill Vitti . About Transflo.
Food Logistics and sister publication Supply & Demand Chain Executive also operate SCN Summit and Women in SupplyChain Forum. Key Takeaways: The Next Frontier in Food Logistics Alexis Mizell-Pleasant is managing editor at Food Logistics and Supply & Demand Chain Executive.
Because warehousing and transportation represent significant cost centers, intelligent logistics decisions are critical. Uberization: Exploring On-Demand Transportation, Labor and Warehousing. But the real financial value of advanced technology resides in its ability to sense real-time demand and monitor supply availability ?
Business complexity is rising and teams are trying to get to data and align the organization against supplychain objectives. Disparate systems and gaps in supplychaintechnologies lead the list. Supplychain talent falls midway on most lists. It is not easy.
The SupplyChain Matters blog alerts readers to the opportunity to attend the upcoming MIT Center for Logistics and Transportations (CTL) annual Crossroads event. The Event The MIT Center for Transportation and Logistics (CTL) will host its 12 th annual Crossroads event on Tuesday, March 19.
I conducted my first research study on transportation management systems (TMS) back in March of 1999. How will transportation management systems and the TMS vendor landscape continue to evolve in the months and years ahead? What new capabilities are vendors introducing and how are companies using and deriving value from a TMS?
This white paper, “The Top SupplyChain Trends that will Impact SupplyChain Management in 2018” is the second in our overall industry trends white paper series.
Simply using common calendar tools, such as Google, means you are using the IoT, but the Industrial Internet of Things (IIoT) leads to the use of connected, smart devices to reduce inefficiencies, delays, and inaccuracies throughout the product lifecycle, including procurement as well. Transportation Management. Warehouse Management.
But when PwC asked CEOs in a recent survey ( Global Retail and Consumer Goods CEO Survey: The Omni-Channel Fulfillment Imperative ) what areas most needed their additional attention to achieve omni-channel fulfillment, 88 percent said it is their transportation and logistics operations. Transportation is an Afterthought.
Never one to be satisfied with the status quo, Inna is focused on helping companies improve the application of supplychaintechnology to maximize customer experience and profitability. Her success as a leader both reflects and propels women’s advancement not just in supplychain, but in the professional world in general.
Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Procurement: Partnering with cost-effective and reliable vendors is vital for keeping a business running smoothly.
Specific Business Process Support Areas This newest advanced AI technology aims to span all areas of the supplychain, to include procurement, manufacturing, maintenance, inventory management, sustainability, planning, and product lifecycle management.
For shippers and retailers to understand the true peak season meaning, they will need a firm grasp on the realities of inflation, expectations, and the use of technology to get through it. The peak season definition is a continued evolution of the seasons in transportation. When and What Is Peak Season ? According to the U.S.
Improvements in End-to-End Decision Making: Procurement and transportation operate today in silos. In today’s systems, planned orders are consumed by manufacturing but the flows are disconnected from procurement and transportation. ” I could go on and on, but the point I want to make is simple.
Today, nine out of ten supplychains are stuck. Despite two decades of advancement in supplychaintechnologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. These technologies are applicable to solve many problems.
and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Michael Leto , CEO of Emerge , has been in the transportation industry for over 21 years and played an active role in creating one of the largest and fastest-growing 3PLs in the country. About Michael Leto.
Breaking Boundaries: Exploring Generative AI’s Impact on SupplyChainsSupplychains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Within Manufacturing Insights, Stephanie conducts supplychain, sustainability, and Industry 4.0
Brad is a highly recognized senior supplychain leader with over 23 years of managing, designing, and implementing freight transporttechnology. As shippers have come to realize big gain in transportation efficiency and effectiveness via technology, they are looking for additional freight tech solutions.
A collaborative supplychain model helps partners locate the resources needed on demand. Through utilising a transport management system (TMS), logistics supplychain providers can offer real-time data and visibility across the supplychain.
and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Dave Maddox has over 39 years of industry experience, Maddox specializes in SupplyChain & Transportation Sales, with operations management in distribution, supplychain cost improvement and transportation.
As developments regarding industry supplychain disruptions continue unabated, businesses now increasingly face the sting of higher supplychain and transportation driven costs impacting the bottom line. The exploding costs of diesel and gasoline fuel now have a direct impact to business profitability.
Further, if the truth be known I suspect many others in procurement and supplychain are feeling the same, but maybe that’s not true. To reach net zero emissions from homes, transport, agriculture and industry will need to be cut. Upstream transportation and distribution. Downstream transportation ad distribution.
These limitations include the inability to leverage analytics, robotics, automation, and new technologies. Since modern supplychaintechnologies can speed order fulfillment and shipping, technical limitations amount to poor customer service and limited, if any, visibility. Technical limitations. Cybersecurity risks.
If cost reduction is not the only thing to measuring supplychain performance, that begs the questions: "Maybe we should be measuring other SupplyChain Management activities and what would they be?". Inventory measurement is critical and it is money after all in that it took a capital expense to procure.
that is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. George Abernathy , Emerge President and Board Member, has more than 30 years of supplychain and technology experience. George Abernathy and Joe Lynch discuss the state of the industry.
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