joelynch, Author at The Logistics of Logistics 3PL Growth Strategies / Logistics & Supply Chain Training Mon, 29 Jan 2024 21:02:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 Food & Beverage Brand Fulfillment with Anne Hallock https://www.thelogisticsoflogistics.com/food-beverage-brand-fulfillment-with-anne-hallock/ Mon, 29 Jan 2024 21:02:43 +0000 https://www.thelogisticsoflogistics.com/?p=9050 Anne Hallock and Joe Lynch discuss food & beverage brand fulfillment. Anne is the Chief Revenue Officer at Flowspace, the software platform and distribution network powering independent fulfillment. About Anne Hallock Anne Hallock is a strategic leader focused on building value for brands. As Chief Revenue Officer at Flowspace, she oversees Sales,

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Anne Hallock and Joe Lynch discuss food & beverage brand fulfillment. Anne is the Chief Revenue Officer at Flowspace, the software platform and distribution network powering independent fulfillment.


About Anne Hallock

Anne Hallock is a strategic leader focused on building value for brands. As Chief Revenue Officer at Flowspace, she oversees Sales, Marketing, and technology commercialization. Anne previously served as SVP of Global Marketing at The Trade Desk (Nasdaq 100: TTD), where she led US, EMEA and APAC marketing as well as global Learning & Development from Series A through its IPO in 2016. She earned her BA at UCLA, and her MBA from the University of Texas.

About Flowspace

Flowspace is the software platform and distribution network powering independent fulfillment. The company’s cloud-based OmniFlow software provides brands with the real-time visibility and insights needed to orchestrate and optimize omnichannel fulfillment, from any location to any end customer. The technology is integrated within a flexible, scalable network of +150 fulfillment locations nationwide, powering efficient, reliable fulfillment for hundreds of leading brands. Flowspace has earned widespread recognition throughout the industry for advancements in technology, fulfillment solutions, and sustainability. The company was named an Inc. Magazine Logistics Power Partner, crowned “Order Fulfillment Solution of the Year” in the SupplyTech Breakthrough Awards, included in the Freightwaves FreightTech 100, and recognized as an Inbound Logistics Green Technology Partner. Launched out of the Y Combinator technology accelerator program in 2017, Flowspace was recognized by Fast Company as one of the World’s Most Innovative Companies in 2020. More information can be found at www.flow.space.

Key Takeaways:  Food & Beverage Brand Fulfillment

  • Flowspace is the software platform and distribution network that provides the following benefits:
  • Omnichannel Fulfillment Master: Flowspace seamlessly manages orders from any channel (DTC, B2B, online, in-store) with a vast network of fulfillment centers, optimizing for speed and cost.
  • Scalability Superpower: Easily expand or adapt your fulfillment network as your business grows, without technical roadblocks or limitations.
  • Inventory Intelligence: Gain real-time inventory insights and demand forecasting to minimize stockouts, optimize inventory allocation, and avoid wasted resources.
  • Customer Experience Champion: Deliver fast, efficient shipments and transparent order tracking, boosting customer satisfaction and loyalty.
  • Technology Trailblazer: Leverage Flowspace’s industry-leading software platform to automate fulfillment processes, streamline workflows, and gain data-driven insights.
  • Cost-Saving Champion: Reduce shipping costs with Flowspace’s network optimization, strategic warehouse locations, and efficient processes.
  • Award-Winning Expertise: Trust a proven leader recognized for excellence in fulfillment, customer service, and business growth.
  • Dedicated Support: Flowspace offers dedicated account support and implementation guidance, ensuring a smooth transition and ongoing success.

Learn More About Food & Beverage Brand Fulfillment

Anne Hallock | Linkedin

Flowspace

Proper Wild drives repurchase with rapid, reliable fulfillment

Proper Wild

The Logistics of Logistics Podcast

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Rethinking the Freight RFP Process https://www.thelogisticsoflogistics.com/rethinking-the-freight-rfp-process/ https://www.thelogisticsoflogistics.com/rethinking-the-freight-rfp-process/#comments Sat, 11 Sep 2021 19:01:52 +0000 https://www.thelogisticsoflogistics.com/?p=7648 Rethinking the Freight RFP Process Once a year, shippers and carriers begin the arduous freight RFP process, when shippers send out request for pricing (or proposal) for contract rates to their list of trucking companies. Unfortunately, "process" might be a generous term for what's really going on. The process is broken and dreaded by both

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Rethinking the Freight RFP Process

Once a year, shippers and carriers begin the arduous freight RFP process, when shippers send out request for pricing (or proposal) for contract rates to their list of trucking companies. Unfortunately, “process” might be a generous term for what’s really going on.

The process is broken and dreaded by both shippers and carriers. It is not a good way to start or manage a shipper-carrier relationship. It is why many companies are rethinking the freight RFP process.

Every shipper is different and manages the process differently, but in general the current process looks like this:

Step 1 – Compile a Big List of Carriers

Typically, the process begins with the shipper compiling a list of all the carriers that they want to include on their RFP. The list begins with existing carrier relationships, but shippers figure they should cast a wide net, so they add all the carriers they can: carriers who have dialed their number in the past year (which they have been diligent to jot down), carriers found on LinkedIn, through Google searches, or anywhere else. Perhaps, the right carriers are involved, and they are properly vetted, but just as likely some great carriers are missing and some duds were included on the list.

Step 2 – Compile the Lanes

Next, the lanes that will be included in the RFP are compiled in a big spreadsheet. Ideally, the list will include shipment frequency, accessorials, freight characteristics, pickup, and delivery location requirements, etc. In many cases, the information required to properly quote the freight is missing – nothing deliberately devious, just a natural result of a using the wrong technology for the job.

Step 3 – Send Lanes to Carriers

Next, the spreadsheets are emailed to the carriers along with quoting instructions. At this point, the shipper realizes that some number of shipper emails bounced, and even more are ignored. While shippers think that their RFP is a great opportunity for carriers, the carriers are not always thrilled. To be profitable, carriers need to be very specific and deliberate about the lanes and freight they move. Carriers operate on thin margins and giving rates that are good for one year can be a very dangerous proposition, especially in these volatile times.

Step 4 – Receive and Organize the Quotes

At some point, the shipper receives quotes back from some carriers. Quotes from responding carriers are organized into one spreadsheet so they can be compared to other quotes. The quotes are evaluated, however without the proper tools, the insights gained are minimal. While some shippers may add a service quality dimension, for the most part, the emphasis is on price rather than quality.

Step 5 – Award the Business

The quotes are evaluated, and carriers are awarded lanes, usually because they are the lowest price. The quotes are unfortunately treated like a zero-sum game rather than a win-win relationship. If the market rates fluctuate significantly over the next year, the rates become “paper rates” that are only good on paper.

The current freight RFP process often doesn’t provide either the shipper or the carrier, the desired results. Shippers end up with far too many tender rejections and their freight moving via the spot market. Meanwhile carriers struggle to find the steady direct shipper freight that will enable them to run profitably. The huge carrier lists, mass emails, and unwieldly Excel spreadsheets is the problem, not the solution. The technology, or rather the lack of technology puts the focus on making the broken process work rather than developing win-win relationships.

The Freight RFP Process Doesn’t Work for Shippers or Carriers

Shippers Hate the Current Process Because:

  • The lack of technology makes the process clunky, cumbersome, and time consuming – so time consuming that most shippers only want to endure the process once per year.
  • Results in paper rates – rates that are only good on paper.
  • Too much focus on the process and not enough focus on building win-win relationships with carriers.
  • Lack of carrier vetting and not enough of the right carriers involved.

Carriers Hate the Current Process Because:

  • Bid fatigue – too much time wasted on RFPs for shippers that never move freight with your company.
  • Shipper motivations are unclear. Are they seriously looking for new carriers or are they just market testing their current carriers?
  • Predicting the market and developing solid rates for the next 12 months is pretty much impossible.
  • Not enough focus on building relationships with the right shippers.

There is a Better Way to Manage the Freight RFP Process

The fine folks at Emerge have reinvented freight procurement by developing a technology platform specifically made for managing freight RFPs. The founders of Emerge also founded the pioneering freight brokerage, Globaltranz so they know a thing or two about moving freight.

Emerge provides a freight RFP platform that streamlines the process for free – yes, free. Getting registered and set up is a breeze and the results are significantly better than mass emailing spreadsheets to every carrier you know.

When you use the Emerge platform, the process looks like this:

Step 1: Load Incumbent Carriers and Brokers into the Emerge Platform

The Emerge platform is purpose built for RFPs so uploading carriers’ information into the system is simple and easy. Once the carrier information is loaded, it never has to be loaded again. By the way, there is a good chance your carriers are already on the Emerge platform, because it gives them access to the very best direct shipper freight.

Step 2: Load Lanes into the Platform

No more spreadsheets! The Emerge platform makes it easy to upload your lanes from your TMS or even your Excel spreadsheets. The platform prompts the shipper to add the information pertinent to carriers. The platform is completely customizable so shippers can add or delete fields.

Step 3 – Create an RFP event

No more mass emails! With the push of a button, carriers are invited to bid on lanes. The Emerge platform will also recommend vetted carriers who are interested in those lanes. If you choose one of the recommended carriers, Emerge will receive a 9.9% fee from the Carrier, which is how Emerge makes money. Carriers have flocked to Emerge because the low 9.9% fee is much less than the markup that traditional freight brokers add to a load.

Step 4 – Evaluate the Bids

As the bids are received, the system organizes the information and enables better decision making. While carriers respond to the bids, the shipper has access to a dashboard that provides useful insights. In the Emerge system every carrier is vetted so shippers can make informed freight procurement decisions based on price and service quality.

Step 5 – Award the Business

Awarding lanes to carriers is easily managed within the system. Shippers can create and manage contracts and documentation within the application, including digital signatures. The streamlined process makes it so easy to conduct RFP events that most shippers who use the Emerge platform do quarterly bids, which means carriers can be more confident when quoting lanes.

A Streamlined Process and Improved Shipper-Carrier Relationships

In addition to streamlining the process and making it much more robust, the Emerge platform has a few other key advantages:

  • Freed of the time consuming, clunky process, shippers and carriers can spend more time discussing the freight characteristics and getting to know each other.
  • With the process streamlined, shippers are moving to quarterly RFPs, which enables the carriers to deliver more competitive bids – and live with them (no more paper rates).
  • In addition to their incumbent carriers, shippers have access to thousands of vetted carriers within the Emerge system.

Over the past few decades, the supply chain has become digital and freight tech has evolved to streamline the shipping process. However, for many shippers the freight RFP process is stuck in the past, relying on Excel spreadsheets and mass emails. If your company is rethinking the freight RFP process, Emerge’s purpose-built RFP technology platform is a good place to start.

Learn More About Rethinking the Freight RFP Process

Building a Freight Juggernaut Again with Michael Leto

The Emerge Story with Andrew Leto

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Killing Ghost Loads and Phantom Data with Michael Darden https://www.thelogisticsoflogistics.com/killing-ghost-loads-and-phantom-data-with-michael-darden/ Tue, 27 Jul 2021 21:08:36 +0000 https://www.thelogisticsoflogistics.com/?p=7560 Killing Ghost Loads and Phantom Data with Michael Darden Michael Darden and Joe Lynch discuss killing ghost loads and phantom data. Michael is the CEO of DFM Data Corp, a utility company designed to be a tool between digital partners moving freight in the USA and Canada. About Michael Darden   Michael Darden

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Killing Ghost Loads and Phantom Data with Michael Darden

Michael Darden and Joe Lynch discuss killing ghost loads and phantom data. Michael is the CEO of DFM Data Corp, a utility company designed to be a tool between digital partners moving freight in the USA and Canada.


About Michael Darden

 

Michael Darden is the Founder and CEO of DFM Data, where he and his team help accelerate adoption of digital freight services by shippers, carriers and brokers. Michael is from New York and moved to Atlanta Georgia in 1985. He is married, with 3 children. Michael has been fascinated with the coordination and movement of goods for 40 years. He worked for Coca-Cola, culminating as Operations Manager for the Coke Olympic Warehouse operation at the 1996 Atlanta Olympics. He then led Power2Ship as it pioneered digital freight matching in the trucking industry in the early 2000s.  Arranging for the right human resources, at the right place, with the right equipment, at the right time, takes historic knowledge, precision in planning and communication, and precise execution.  Michael has focused his career on the collection and utilization of actionable data to make informed process improvement decisions.

About DFM Data Corp

DFM Data Corp. Inc. was formed in 2019 to help the fragmented North American ground transportation industry embrace digital technology … AKA the “FreightTech Revolution”.   The company has engaged with governance leaders to establish a business model for collaboration in the digital freight industry, the linchpin to unlock this valuable data. Recognizing that the fragmentation is caused by existing industry systems that date back 100 years, DFM Data has put forth a new type of ‘for profit’ entity to serve this exact need.  Participation is power.  Our technology solution introduces the ability to network all of the different systems with different jargon, and standardize to a communication bridge that uses virtual computing to move the data through the network, without disclosing the sensitive customer data.

Key Takeaways: Killing Ghost Loads and Phantom Data

  • Michael Darden is the Founder and CEO of DFM Data, where he and his team help accelerate adoption of digital freight services by shippers, carriers and brokers.
  • DFM has a solution that will kill ghost loads and phantom data, which in turn will improve the customer experience and performance of digital fright matching services (DFMs).
  • Today, shippers, carriers, and brokers waste a lot of time because the data, that is the foundation of the digital freight business is flawed.
  • Old, dirty, data obscures market signals and leads to a lot of bad decisions, customer dissatisfaction, and additional cost for the entire industry.
  • The heart of the problem is that there is no unique identifier for loads. Example: A shipper or broker posts a load on multiple load boards and then the load is covered by a carrier. The load is removed from one of the load boards, but not necessarily all the load boards. In this example, the covered load is now a ghost load, yet dozens of companies don’t know it yet. The same problem exists with capacity.
  • As a result of ghost loads and phantom data, supply and demand signals confuses rather than enlighten the shippers, carriers, and brokers.
  • DFM Data is a neutral utility that functions as the data clearinghouse for the 200+ US-based digital freight matching service providers (DFMs). Their  distributed data platform facilitates anonymized data-sharing by DFMs.
  • This essential interconnectivity between DFMs allows the automated removal of duplicated load and capacity postings (aka “Phantom Data”) from multiple DFM marketplaces, platforms and load boards—and ultimately, the entire US truckload spot market.

Learn More About Killing Ghost Loads and Phantom Data 

Michael Darden LinkedIn

DFM Data Corp

The Logistics of Logistics Podcast

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Worst Case Scenarios for Freight Brokers with Lisa Bruno https://www.thelogisticsoflogistics.com/worst-case-scenarios-for-freight-brokers-with-lisa-bruno/ Wed, 21 Jul 2021 20:46:06 +0000 https://www.thelogisticsoflogistics.com/?p=7553 Worst Case Scenarios for Freight Brokers with Lisa Bruno Lisa Bruno and Joe Lynch talk about the worst case scenarios for freight brokers. Lisa is an Industry Consultant at CarrierDirect which is a consulting firm supporting the transportation and industry, logistics, warehousing, supply chain and also provide technology support. About Lisa Bruno Lisa

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Worst Case Scenarios for Freight Brokers with Lisa Bruno

Lisa Bruno and Joe Lynch talk about the worst case scenarios for freight brokers. Lisa is an Industry Consultant at CarrierDirect which is a consulting firm supporting the transportation and industry, logistics, warehousing, supply chain and also provide technology support.


About Lisa Bruno

Lisa Bruno brings 15+ years of transportation logistics experience to the podcast. She started her career at Strive Logistics in 2005 and, being the 12th employee, saw an opportunity to make an impact at a young company. She started on the customer operations and account management side of the business running point on PepsiCo’s Quaker Oats account among others. 2012 started her Director-level experience wearing many hats to help propel Strive to success: contributed in developing Strive’s proprietary TMS, led training efforts of new hires and the latest TMS functionality and later in her career was in more of a “fixer” role working with stakeholders to solve process & operational bottlenecks. Once Strive was acquired by Redwood Logistics in 2019, Lisa played an integral role in getting Redwood’s customer-facing department up to speed on Strive’s TMS. She earned her PMP certification in 2020 and most recently joined the CarrierDirect team as an Industry Consultant.

About Carrier Direct

CarrierDirect is a management consulting and technology development firm focused on transportation, logistics, and supply chain. They are on a mission to help supply chains, transportation, and logistics companies overcome obstacles toward progress and growth, so we can contribute to a more efficient world together. CarrierDirect a team of people absorbed in all things transportation, logistics, and supply chain, motivated by opportunities to help carriers, freight brokers, shippers, and tech vendors do great things. They are passionate about problem solving, not afraid of a challenge, and always ready to go the extra mile. CarrierDirect offers Management Consulting: assessment & benchmarking, capacity strategy, compensation, recruiting, onboarding, training, development, workflows, processes, supply chain resiliency, transportation & distribution strategy, sales & operational planning. They also have Technology Strategy: With a true technology strategy, you can have laser focus on your objectives, agility to solve your most important problems first, and then scale as needed. CarrierDirect also provides Software Development: We develop TMS and other applications that provide the efficiency, workflow, data, and visibility you need.

Key Takeaways: Worst Case Scenarios for Freight Brokers

  • In the podcast interview, Lisa Bruno and Joe Lynch discuss some of the worst-case scenarios for freight brokers.
  • In general, freight brokerages and 3PLs tend to be reactive rather than proactive. The industry should learn from the pandemic to plan for the worst-case scenario before it happens.
  • Scenario #1 – Lose a significant customer scenario because of strategic decision by the customer or because of poor service/poor relationship management.
  • Scenario #2 – Lose a key member of your team, especially if that person is influential within the company and with customers.
  • Scenario #3 – A large freight claim that the carrier is unwilling or unable to compensate the shipper.
  • Scenario #4 – You have a surge in customer demand. Too much business! This is the best worst-case scenario; however, it is still a big challenge to manage. Lots of good companies have struggled or even gone out of business due to unmanageable growth.
  • Lisa and the team at CarrierDirect work with freight brokers and 3PLs to stress-test their businesses, so when misfortune strikes, there is a plan. If you fail to plan, you are planning to fail.

Learn More About Worst Case Scenarios for Freight Brokers

Lisa Bruno LinkedIn

CarrierDirect

Risk Management and Stress Testing

CarrierDirect Risk Management Ebook

Free Preliminary Consultation with a CarrierDirect Expert

The Logistics of Logistics Podcast

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Why XPO is Spinning Off GXO with Mark Manduca https://www.thelogisticsoflogistics.com/why-xpo-is-spinning-off-gxo-with-mark-manduca/ Tue, 20 Jul 2021 17:29:40 +0000 https://www.thelogisticsoflogistics.com/?p=7556 Why XPO is Spinning Off GXO with Mark Manduca Mark Manduca and Joe Lynch discuss why XPO is spinning off GXO. Mark is the Chief Investment Officer of XPO which is leader in logistics, brokerage and LTL. About Mark Manduca Mark Manduca currently serves as the Chief Investment Officer of XPO’s global logistics

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Why XPO is Spinning Off GXO with Mark Manduca

Mark Manduca and Joe Lynch discuss why XPO is spinning off GXO. Mark is the Chief Investment Officer of XPO which is leader in logistics, brokerage and LTL.


About Mark Manduca

Mark Manduca currently serves as the Chief Investment Officer of XPO’s global logistics segment. His career as a top-ranked analyst spans senior positions with leading investment banks, including Citigroup in London, where he served as managing director in equity research and led transport research activities. Earlier, he spent eight years with Bank of America Merrill Lynch, where he led the business services, leisure and transport research teams. Prior to XPO, Manduca consistently led the top-ranked European transport research teams for close to a decade, as determined by Institutional Investor. In 2020, he received the most votes individually across all sectors and regions in the European Institutional Investor survey and was named the No. 1 European transport research analyst for the eighth consecutive year.

About XPO Logistics

XPO Logistics, Inc. (NYSE: XPO) provides cutting-edge supply chain solutions to the most successful companies in the world, with two business segments: transportation and logistics. The company helps more than 50,000 customers manage their supply chains most efficiently, using a network of 1,621 locations in 30 countries and approximately 140,000 team members, including 108,000 employees and 32,000 temporary workers. The company’s corporate headquarters are in Greenwich, Conn., USA.

About the GXO spin-off 

XPO intends to spin off its logistics segment on August 2, 2021 as GXO Logistics, creating two, pure-play industry powerhouses. The separation would create independent public companies with distinct investment identities and service offerings in vast addressable markets. GXO would be the largest pure-play contract logistics company in the world, and XPO would be a leading provider of transportation services, primarily less-than-truckload transportation and truck brokerage.

Key Takeaways: Why XPO is Spinning Off GXO

  • In the podcast interview, GXO’s Chief Investment Officer, Mark Manduca explains why XPO is spinning off GXO.
  • XPO Logistics is an American transportation and contract logistics company that manages supply chains for 50,000 customers worldwide, including 69 of the Fortune 100. It operates in 30 countries, with approximately 100,000 employees.
  • XPO Logistics, Inc. was the 7th best-performing stock of the last decade on the Fortune 500, with its share price rising more than 1,000% from the time its CEO, Brad Jacobs, took control. XPO’s corporate headquarters are in Greenwich, Connecticut, U.S. Its regional headquarters for the European markets are in Lyon, France.
  • XPO is spinning off GXO on August 2nd thus creating two pure-play industry powerhouses.
  • The separation would create two independent public companies with distinct investment identities and service offerings in vast addressable markets.
  • GXO would be the second largest contract logistics company in the world, and XPO would be a leading provider of transportation services, primarily less-than-truckload transportation, and truck brokerage.

Learn More About Why XPO is Spinning Off GXO

Mark Manduca

GXO

XPO

The Logistics of Logistics Podcast

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Successful Bulk Food Transport with Chris Fish https://www.thelogisticsoflogistics.com/successful-bulk-food-transport-with-chris-fish/ Mon, 19 Jul 2021 15:06:55 +0000 https://www.thelogisticsoflogistics.com/?p=7550 Chris Fish and Joe Lynch discuss bulk food transport. Chris is the Senior Vice President of Dedicated Contract Transportation by Ruan Transportation which provides Dedicated Contract Transportation, Managed Transportation, and Value-added Warehousing. About Chris Fish Chris Fish was appointed Senior Vice President of Dedicated Contract Transportation in 2017. He joined Ruan Transportation

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Chris Fish and Joe Lynch discuss bulk food transport. Chris is the Senior Vice President of Dedicated Contract Transportation by Ruan Transportation which provides Dedicated Contract Transportation, Managed Transportation, and Value-added Warehousing.


About Chris Fish

Chris Fish was appointed Senior Vice President of Dedicated Contract Transportation in 2017. He joined Ruan Transportation Management Systems in 1998 and has served in various progressive roles of leadership over his tenure. Fish has been in the transportation industry for the last 30 years, serving on various transportation committees during that time. Chris is a native of Chicago, IL, and attended Saint Ambrose University in Davenport, IA. Chris and his spouse Christine are active in the community; most recently, Chris served as the chairperson of Ruan’s record breaking 2020 United Way of Central Iowa campaign.

About Ruan Transportation

Founded in 1932, Ruan is a family-owned transportation company providing Dedicated Contract Transportation, Managed Transportation, Value-added Warehousing, and Brokerage Support Services. With 90 years of transportation and logistics experience, Ruan is one of the top 10 privately owned transportation service companies in the country. The company operates from 300 locations nationwide and employs over 5,500 team members.

Key Takeaways: Successful Bulk Food Transport

  • In his role as Senior Vice President of Dedicated Contract Transportation at Ruan, Chris and his team help food producers transport bulk shipments.
  • In the podcast interview, Chris explains that there is a higher bar for bulk food transport. Because the risk of contamination (intentional and unintentional) is very high, there is a lot of regulatory compliance for both producers and carriers. Bulk food carriers like Ruan must meet a higher standard in areas like driver training, licensing, weighing & sampling, and food safety.
  • While there are plenty of small carriers that succeed in the space, big carriers who have the resources (people, tractors, tankers, ability to invest) are usually a better fit in the bulk food transportation business.
  • The pandemic highlighted some of the real challenges faced by both milk producers and their supply chain partners. Overnight, milk producers were forced to drastically redirect their product to alternative channels. Milk cows never stop producing the product so the milk is either sold or it is wasted.
  • Large carriers like Ruan who have a large fleet, visibility, and the ability to reallocate resources to key customers made all the difference for milk producers in their time of crisis.
  • When selecting a bulk food transportation partner carrier, Chris suggests that food producers look for the following 5 attributes in a carrier:
    • A large pool of drivers who have experience in bulk transport, low turnover, proper training, and certifications.
    • Owns assets including tractors, trailers, terminals –  especially valuable during times when capacity is a problem.
    • The right culture – one that values ownership, employee engagement, safety, customer relationships, accountability, integrity, operational excellence, sustainability, etc.
    • An exceptional logistics / back office that can plan, execute, and manage every risk and every continency.
    • Cutting edge technology in their trucks, terminals, and offices.

Learn More About Successful Bulk Food Transport

Chris Fish LinkedIn

Ruan Transportation

Ruan White Paper: Selecting the Right 3PL Partner

The Logistics of Logistics Podcast

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The New Retail Paradigm with Ali Raza https://www.thelogisticsoflogistics.com/the-new-retail-paradigm-with-ali-raza/ Fri, 16 Jul 2021 02:07:30 +0000 https://www.thelogisticsoflogistics.com/?p=7545 The New Retail Paradigm with Ali Raza Ali Raza and Joe Lynch talk about the new retail paradigm. Ali is a theory of constraints (TOC) practitioner who founded a company to help supply chains to improve throughput. https://www.youtube.com/watch?v=llJD5FHCh7k&t=27s   About Ali Raza Ali Raza is the Founder and CEO of Throughput, Inc., an

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The New Retail Paradigm with Ali Raza

Ali Raza and Joe Lynch talk about the new retail paradigm. Ali is a theory of constraints (TOC) practitioner who founded a company to help supply chains to improve throughput.

 


About Ali Raza

Ali Raza is the Founder and CEO of Throughput, Inc., an AI-Powered software to help companies run leaner, faster, smoother, and safer operations out of the box. Ali comes from a deep academic and real-world industrial operations in process simulations and operations management. He has managed onshore/offshore/war zone logistics as well as batch, continuous, and discrete manufacturing setups. At Schlumberger, he became one of the youngest Geomarket Production Services, pioneering 3 projects and serving 50+ industrial clients. His production teams were responsible for billions of dollars of hydrocarbon output to the global economy. Ali joined his first tech startup while still an undergraduate student at the University of Pennsylvania. Since then, he has been eliminating one global bottleneck after another, with his current focus on optimizing supply chains that extend to Mars.

About ThroughPut, Inc.

ThroughPut Inc. is the Artificial Intelligence (AI) Supply Chain pioneer that enables companies to optimize their Operations by leveraging their existing Data Systems to increase Output, Quality and Profitability across their entire enterprise. ThroughPut’s AI software, ELI, includes the only Bottleneck Management System (BMS) that utilizes existing enterprise data systems, such as ERP, MES, IMS, TMS, WMS, PLC, EAM, POS, CRM, SCADA, Historian, and other data systems, to solve for the $25 Trillion of annual Waste across global supply chains already today. Such constraints to the $90 Trillion global Economy could otherwise be dedicated to more productive, useful and sustainable purposes for the benefit of all stakeholders and communities. ThroughPut’s AI software is designed by Fortune 500 Supply Chain & Logistics leaders, Silicon Valley AI and Analytics pioneers, and top global Operations Experts in the areas of the Theory of Constraints, Lean Manufacturing, Supply Chain Automation, Total Quality Management, and over four-dozen other leading best practices now digitized as part of the ELI software, with hundreds of years of hands-on experience in the space.

Key Takeaways: The New Retail Paradigm

  • Ali Raza is the Founder and CEO of Throughput, where he and his team help companies realize greater output and free cash flow.
  • In the podcast interview, Ali describes the challenges that are making retail success even more difficult than in the past.
  • Prior to COVID, consumers buying behavior was changing. Increasingly, consumer demand was moving from traditional retail to ecommerce. The pandemic greatly accelerated the trend to online sales, which means retailers must manage consumer demand through additional channels.
  • Because of the unprecedented events related to COVID, retailers and consumer packaged goods (CPG) manufacturers are in a VUCA environment. VUCA stands for volatility, uncertainty, complexity, and ambiguity.
  • In addition, on-time and in-full (OTIF) key performance indicators are changing the way that retailers evaluate their CPG partners.
  • Some large retailers are even reducing their SKU counts and number of CPG suppliers based on OTIF performance.
  • These challenges make traditional sales and operations planning almost impossible.
  • With Throughput, retailers and CPGs have a tool that will enable them to better predict demand and then reorient their supply chains accordingly.
  • Throughput provides retailers and CPGs artificial intelligence (AI) powered supply chain intelligence that will help them gain end to end visibility and make better decisions.
  • In today’s competitive retail environment, the difference between failure and success will come down to who makes better decisions related to sales and operations planning.

Learn More About The New Retail Paradigm

Ali Raza

ThroughPut Inc 

Throughput Economics: Making Good Management Decisions

Putting Supply Chains on Autopilot with Ali Raza

The Logistics of Logistics Podcast

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Cutting Out the Middleman with Mike Nervick https://www.thelogisticsoflogistics.com/cutting-out-the-middleman-with-mike-nervick/ Fri, 09 Jul 2021 20:10:04 +0000 https://www.thelogisticsoflogistics.com/?p=7542 Cutting Out the Middleman with Mike Nervick Mike Nervick and Joe Lynch discuss cutting out the middleman. Mike is the CEO of Sleek Technologies which is impacting the transportation industry by providing smart solutions that simplify logistics. About Mike Nervick Michael Nervick is the CEO and founder of Sleek Technologies which is impacting

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Cutting Out the Middleman with Mike Nervick

Mike Nervick and Joe Lynch discuss cutting out the middleman. Mike is the CEO of Sleek Technologies which is impacting the transportation industry by providing smart solutions that simplify logistics.


About Mike Nervick

Michael Nervick is the CEO and founder of Sleek Technologies which is impacting the transportation industry by providing smart solutions that simplify logistics. He learned the business as a successful carrier sales rep at American Backhaulers (ABH), later acquired by C.H. Robinson. In 2003, Mike founded his own successful freight brokerage, Advantage Freight Network (AFN), growing it to over $170M. Mike then founded Sleek Fleet in 2017, which is now Sleek Technologies. As a broker insider, Mike saw first-hand how antiquated the freight procurement process was for manufacturers, retailers and distributors. Therefore, Sleek Technologies developed technology, powered by AI, to optimize the freight procurement process resulting in truckload savings, industry-best OTD, and actionable rate data for large shippers. Mike graduated from University of Wisconsin with a degree in Political Science and has a master’s degree in Business from University of Chicago.

About Sleek Technologies

Sleek Technologies is a leading freight procurement innovator that delivers technology that disrupts freight brokerage by advancing the shipper/carrier relationship increasing efficiency & profitability for both.

Key Takeaways: Cutting Out the Middleman

  • Mike Nervick is the CEO and Founder of Sleek Technologies, a tech-enabled software that enables shippers and carriers to work together without a middleman (brokers, 3PLs, etc.).
  • When shippers connect directly to carriers using Sleek Technology, they gain open direct access to 75K+ compliant, out-of-network, asset-based carriers.
  • Going directly to the carriers also help shippers save an average of 12% on their freight spend.
  • Also, when shippers engage directly with the carriers using Sleek they gain access to their shipping data and insights into the freight market that they might not get if they had a broker.
  • Shippers who cut out the broker/3PL also gain carrier relationships that can lead to reduced costs and higher service performance.
  • Lastly, shippers who cut out the middleman and engage directly with the carriers gain additional insights and control over their shipping.

Learn More About Cutting Out the Middleman

Mike Nervick LinkedIn

Sleek Technologies 

Sleek Technologies Twitter 

The Logistics of Logistics Podcast

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What Will Tomorrow’s Freight Broker Do with Ben Buchanan https://www.thelogisticsoflogistics.com/what-will-tomorrows-freight-broker-do-with-ben-buchanan/ Fri, 02 Jul 2021 17:49:53 +0000 https://www.thelogisticsoflogistics.com/?p=7532 What Will Tomorrow's Freight Broker Do with Ben Buchanan Ben Buchanan and Joe Lynch talk about what tomorrow's freight broker will do. Ben is VP of Account Management at Loadsmart, which is transforming the future of freight, they leverage artificial intelligence, machine learning and strategic partnerships to automate how freight is priced, booked and shipped.

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What Will Tomorrow’s Freight Broker Do with Ben Buchanan

Ben Buchanan and Joe Lynch talk about what tomorrow’s freight broker will do. Ben is VP of Account Management at Loadsmart, which is transforming the future of freight, they leverage artificial intelligence, machine learning and strategic partnerships to automate how freight is priced, booked and shipped.


About Ben Buchanan

Ben Buchanan is VP of Account Management at Loadsmart, leading a team of account managers and sales representatives focused on growing relationships with enterprise and small/medium enterprise shippers by providing additional value to address their unique challenges. Ben has a decade of experience in freight brokerage across various leadership roles, building best-in-class teams for high growth and scalability while delivering for the customer. He earned his logistics stripes at GlobalTranz, learning the business and riding the fast growth wave to impactful leadership positions, and under Buchanan’s leadership at Loadsmart the account sales team has grown in headcount by 860% and in revenue by 578% (1H YoY 2020 – 2021). Ben holds a BA in Political Science from Arizona State University and currently sits on the Board of Directors for the American Charter School Foundation. Prior to GlobalTranz he worked as an educator and high school basketball coach.

About Loadsmart

Transforming the future of freight, Loadsmart leverages artificial intelligence, machine learning and strategic partnerships to automate how freight is priced, booked and shipped. Pairing advanced technologies with deep-seated industry expertise, Loadsmart fuels growth, simplifies operational complexity and bolsters efficiency for carriers and shippers alike.

Key Takeaways: What Will Tomorrow’s Freight Broker Do

  • Ben Buchanan is the Vice President of Account Management at Loadsmart, a digital freight brokerage that leverages cutting-edge technology and strategic partnerships to help shippers and carriers move more with less.
  • The freight brokerage space is rapidly transforming as digital freight brokerage companies like Loadsmart deploy technology to automate processes, reduce cost per load, and deliver a superior customer experience.
  • In the interview, Ben describes 5 things that freight brokers will be expected to do in the very near future. Of course, some of the industry leaders like Loadsmart are delivering these innovations today.
  • Instantaneous freight quotes created by a dynamic pricing tool that delivers the right price with guaranteed capacity. No more back and forth emails and phone calls haggling over pricing. Dynamic pricing powered by artificial intelligence provides an instant rate that reflects the most updated market intelligence.
  • Mode optimization automatically included in each quote. Mode optimization has traditionally been promised, but not delivered because the analysis was completed by people who didn’t have the data or tools. Now, mode options with instantly bookable rates across modes including rail, LTL, PTL, and FTL, enable shippers to optimize shipments based on sustainability, cost, and expediency.
  • Data insights that enable shippers to learn from not just their own data and insights — but from each other. To achieve best in class performance, shippers need to be able to compare their KPIs to their industry peers. Additionally, brokers must be able to analyze shipment data and provide actionable data insights that drive operational improvement across the entire shipping function.
  • Rate transparency that empowers the shipper to know exactly what they are paying for. As digital freight brokers automate and streamline the shipping process that was traditionally managed manually, the value added has changed. In the new model, freight brokers won’t be rewarded financially for getting a big spread (cost of truck vs price to shipper). Instead, new pricing models and incentives have evolved that align the shipper and broker.
  • Shift to digital means that freight brokers will need to find new ways to add value to both shippers and carriers. To deliver a superior customer experience, freight brokerages will need to provide the best of tech and the best of people.

Learn More About What Will Tomorrow’s Freight Broker Do

Ben Buchanan LinkedIn

Loadsmart homepage

Enterprise Shipper

Small Business Shipper

Carrier

Beyond Cost Per Load with Felipe Capella 

The Logistics of Logistics Podcast

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The Voice of 3rd Party Logistics with Anne Reinke https://www.thelogisticsoflogistics.com/the-voice-of-3rd-party-logistics-with-anne-reinke/ Thu, 01 Jul 2021 16:37:22 +0000 https://www.thelogisticsoflogistics.com/?p=7517 The Voice of 3rd Party Logistics with Anne Reinke Anne Reinke and Joe Lynch talk about the voice of 3rd party logistics. Anne Reinke joined TIA which is the only organization dedicated to advancing the needs of third-party logistic professionals. About Anne Reinke Anne Reinke joined TIA from the U.S. Department of Transportation

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The Voice of 3rd Party Logistics with Anne Reinke

Anne Reinke and Joe Lynch talk about the voice of 3rd party logistics. Anne Reinke joined TIA which is the only organization dedicated to advancing the needs of third-party logistic professionals.


About Anne Reinke

Anne Reinke joined TIA from the U.S. Department of Transportation (US DOT), where she served both as the Deputy Assistant Secretary-Congressional Affairs DAS-Intergovernmental Affairs from April 2019 to October 2020. Prior to her time at US DOT, Anne spent 16 years in the Washington, DC office of CSX Corporation ultimately serving as the Vice President- Government Affairs, overseeing the Federal, State Government and Community Affairs Departments.  Before joining CSX, she worked at the Association of American Railroads and High Speed Ground Transportation Association. Anne is a Washington, DC native, and graduated from the National Cathedral School.  She received a B.A. from Rice University in Houston, TX and a J.D. from the Wake Forest University School of Law in Winston-Salem, NC.  She and her husband, Brett, have two sons, and reside in Alexandria, VA.

About TIA

Since 1978, TIA has been recognized as the trusted voice of the third-party logistics industry.  Through TIA, members are able to establish and protect, ethical, profitable, and growing businesses in service to their customers. TIA will continue to be the leading provider of resources, education, information, advocacy, and connections to advance professional standards, business practices, and the overall image and credibility of the profession and its ultimate contribution to society. TIA will continue to be the trusted voice for third-party logistics companies, recognizing the diverse needs of our members while speaking with one voice to shippers, carriers, government officials, and international organizations.

Key Takeaways: The Voice of 3rd Party Logistics 

  • Anne Reinke is the President & CEO at Transportation Intermediaries Association, which is the voice of 3rd party logistics. In the interview, Anne explains the value that TIA provides for small, medium, and large logistics companies. TIA also is great organization for companies that sell goods and services to 3PLs and brokers.
  • For smaller 3PLs and brokers, TIA provides training and guidance that will enable them to build a sustainable business and scale their growth. Programs like the New Broker Success Package give participants to instruction and coaching from the top coaches and consultants in the industry.
  • For midsize 3PLs and brokers, TIA provides services like TIA Watchdog (carrier issues database that enables brokers to make better carrier decisions) and the TIA Bond Program, which is well known and respected across the industry.
  • For larger 3PLs and brokers, TIA provides advocacy and a voice in Washington. TIA is well known and respected by lawmakers and industry leaders.
  • TIA provides ongoing events, educational programs, and networking opportunities that benefits all their members regardless of their size.

Learn More About The Voice of 3rd Party Logistics

TIA

Anne Reinke LinkedIn

The Logistics of Logistics Podcast

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