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What supply chain insight would you share with

by:VIPUTRANS     2021-02-02
Education, Supply ChainSupply chains are more straightforward than they appear. All the acronyms and industry-specific terms seem confusing, but they're all in service of moving things from origin to destination.—Ethan FrischCo-founderBurlap and BarrelTake emotion out of your decision making and always be forward thinking with your long-term strategic plan in mind. Take care of the now, but never allow it to jeopardize your long-term strategic plan, and always do what is right for the business and not what is easy to do or to achieve a quick win.—Dan Paget Sr. Manager, Global LogisticsColumbia Sportswear CompanySupply chain is a combination of management with engineering. It's about designing global networks so that materials, information, and money can flow efficiently. And then managing the people, processes, and technologies in these systems to create the most value for your customers, and for your company.—Daniel StantonAuthor, Supply Chain Management for Dummies Be more proactive about creating and organizing a data-driven supply chain. While there is always a cost, investment in new technologies that lay a foundation of digital data will only increase in value over time.—John McPherson Director, Global Solutions rfxcelRemember it's a people business. It is a dynamic environment and requires skills related to building relationships, understanding technology, high-level execution, problem solving, strong attention to detail, and having a drive to always improve. Stay curious and seek to understand the complexity of supply chain, and don't be afraid to challenge the status quo. —Dave Reiss SVP, Strategic Partners Arrive LogisticsEliminate the silos. A chain should be coupled links that are connected to make a strong entity but that fails to exist in 2020. Use technology to create the links that are needed to enable connectivity.—Justin Bailie Co-founder and Chief Strategy Officer, Rose RocketBenchmark transportation rates. It's a best practice to occasionally contact providers outside the usual pool to request quotes on high-volume lanes, and there are third-party firms that can compare rates with the market and companies of similar size and spend.—Richard Singh Business Development AnalystAllyn InternationalHave a great answer to a good question?Be sure to participate next month. We want to know:Is supply chain visibility improving? What's one blind spot shippers should address ASAP?We'll publish some answers. Tell us at editorial@inboundlogistics.com or tweet us: @ILMagazine #ILgoodquestion
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