A reporter recently asked me how, in my view, the shipping industry would make money in the coming years. The question caused me to reflect on how this might have been answered just ten or five years ago versus today. In the past, growth came from scale: mega-ships, port infrastructure, and buffer. Today, the answer […]
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Over the past couple of years, we’ve seen a lot of activity related to last-mile delivery — from startups providing last-mile delivery services to advancements in transportation management systems and mobile technologies to more effectively plan, execute, and track last-mile deliveries, as well as several acquisitions in this space. What’s driving this focus on last-mile […]
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Every supply chain has a central purpose, regardless of size or industry: getting materials from their point of origin to the place they’re needed as quickly and inexpensively as possible. Designing a supply chain to accomplish that task isn’t as straightforward as it seems, especially when technology is involved. A smart company pays attention to […]
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Businesses go through many stages. At inception, business might be simple and consist of serving only a few local customers. Then growth—perhaps from new customers or a new product—adds complexity. No matter what phase your business is at, from the most successful, legendary brand to a smaller, emerging one, every aspect of your business needs […]
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As part of a natural evolution of their existing offerings, many carriers and brokers are looking to managed transportation services (MTS) to provide greater value for their customers and growth for their organization. MTS is a different business model than an asset or transactional-based business, but it’s often a natural addition to a carrier or […]
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A Recipe for Success: Best Practices for Supply Chain Integration
No two supply chain integrations are ever the same. But after many years of onboarding new customers, I have learned that there are three basic components to most integrations. And I like to think of it in cooking terms. Below are the steps we followed for one of our latest supply chain integrations: Step 1: […]
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