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How Can Life Sciences Supply Chains Navigate a Disrupted World?

Logility

Back in 2003, an entrepreneur named Patrick McGinnis coined the phrase FOMO — Fear of Missing Out — and it quickly entered the cultural lexicon. Watch this short video to see how machine learning can help optimize inventory for competitive advantage. Now is the Time to Embrace New Strategies.

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Two Important Questions About the Future of Freight Moves

Talking Logistics

Adjusted for inflation, federal purchases have fallen by about 19 percent since 2003, while purchases by states and localities have fallen by about 5 percent. Watch the videos below from Lockheed Martin and The New Yorker about Aeroscraft CEO Igor Pasternak for more insights. Watch this on The Scene.

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Welcome to the Matrix — Maybe

Enterra Insights

But ever since Nick Bostrom of the University of Oxford wrote a seminal paper about the simulation argument in 2003, philosophers, physicists, technologists and, yes, comedians have been grappling with the idea of our reality being a simulacrum.”[1] ” You can watch his entire talk in the following video. ”[2].

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Life before load boards

DAT Solutions

Meanwhile, the Dial-A-Truck (DAT) service launched at Jubitz Truck Stop in Portland, Oregon, with a video monitor that displayed available loads. Boyer tried other DAT products at various trucking and logistics companies, including Conway headquarters in Ann Arbor, Michigan, where he worked from 2003 to 2016.

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The Network Effect in Supply Chain and Logistics

Talking Logistics

In this short video from the conference featuring MIT Professor Yossi Sheffi, the company outlines the power and value of the network effect: [link]. Supply Chain Operating Network Model (as depicted in 2003). For related commentary, see the following posts and videos: The Rise of Supply Chain Operating Networks.

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What Carriers Want: Lessons from a 5-Star Broker

DAT Solutions

Learn more: Introducing Company Reviews (Video). AFN (formerly known as Advantage Freight Network) was founded in 2003, and now has more than 200 employees in the Chicago area. Company Reviews, launched last year, allows carriers and shippers to rate brokers, and brokers and shippers to rate carriers. Carriers give AFN 5 stars.

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This Week in Logistics News (May 1 – 7)

Logistics Viewpoints

According to the National Retail Federation (NRF), which has been conducting an annual survey on Mother’s Day spending since 2003, as more people are getting vaccinated and stimulus checks are being distributed, consumers are going all out for moms this year.