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Logistics on the move. The logistics role is changing according to John Wiehoff, CEO of C. The logistics business has changed dramatically over the last 20 years. Robinson (CHR), the world’s largest provider of truckload transportation services, visited MIT CTL recently to give his view of the changing face of logistics.
Our program engages our 20 top corporate partners to develop projects across a wide variety of different areas, including market intelligence, logistics, inventory, value stream mapping, cost management, supply management, transportation, performance metrics, and others (see Project Breakdown ,).
The success of the third-party logistics industry is evident in the generally high marks given to 3PLs by respondents to a survey as part of the 2013 17th Annual Third Party Logistics Study, which identifies trends and explores how both 3PLs and shippers are using these relationships to improve and enhance their businesses and supply chains.
In the supply chain area, we are certainly seeing a strong need for analytics in areas like collaborative forecasting, inventory management, production planning, and logistics network design. There is also a huge need for analytics in the area of talentmanagement for supply chain and manufacturing.
2016 looks to be a year of great opportunity for logistics service providers (LSPs). As the EFT research report shows, both LSPs and their customers have an accelerating interest in innovation, technology, eCommerce and talentmanagement. Innovation is the key to making the logistics workplace millennial-friendly.
Here’s one real-life example: a retailer and a manufacturer were able to reduce overall logistics costs between factory and store by cutting out the manufacturer’s distribution centers and treating the retailer’s distribution network as one integrated supply chain, from manufacturing plant to store shelf.
One prominent speaker was MIT Professor Yossi Sheffi, Director of the MIT Center for Transportation and Logistics , who specifically addressed advanced AI’s impacts on supply chain processes and future decision-making. He described a good news situation where supply chain graduates are garnering multiple job offers right now.
Many of the panelists discussed the ongoing talentmanagement or brain drain challenges of supply chain management. Technology can assist in such efforts in providing the ability to generate different planning scenarios weighted for different levels of service or cost risk, as well as impact to business financial metrics.
Logistics and Distribution. TalentManagement. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – TalentManagement. TradeEdge – Demand Chain Management. Hence it is not recommended as a single metric to be followed. Healthcare.
Relationship management, data modeling, problem solving, sourcing analysis, negotiation, data-driven decision-making, metrics development, forecasting, process flow, BOM understanding, MRP/production schedule, Pareto analysis, and information presentations are all key skills that he applies in his CPO role.
And now on to this week’s logistics news. million metric tons of carbon dioxide equivalent in 2022, down 0.4 The post This Week in Logistics News (July 15 – 21) appeared first on Logistics Viewpoints. Hopefully this doesn’t mean that Judgement Day is coming. The Seattle-based giant emitted 71.27 That’s all for this week.
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