Archive: Sep 2016

Global Logistics—September 2016

Global Logistics—September 2016

Cheat Sheets Wrinkle Target’s Supply Chain Target’s supply chain got a wakeup call when supplier Welspun Inc. allegedly provided a fraudulent product. The retailer recently ended its contract with the India-based textile company, claiming that Welspun supplied Egyptian cotton sheets made from a lower-quality cotton between August 2014 and July 2016. Target’s allegations drove Walmart, […]

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Walter Lynch

Instill Passion, Purpose, and Leadership To Attract and Retain Logistics Talent

The talent gap in the logistics field is vast, touching everyone from truck drivers and warehouse staff to supply chain and third-party logistics (3PL) professionals. Finding the right people, and fast, is an ongoing struggle. Seventy-nine percent of 3PLs feel they are unprepared for the looming labor shortage and its impacts, states the Council of […]

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Doug Waggoner: Managing By Consensus and Common Sense

Doug Waggoner: Managing By Consensus and Common Sense

MORE TO THE STORY: Flying, Coding, and Watching Kids Grow Up When Doug Waggoner joined Echo Global Logistics as CEO in 2006, the company employed 35 people. Since then, the team has grown to more than 2,300, about 80 percent from the millennial generation, spread across more than 30 offices. Now chairman as well as […]

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Rick Erickson

Optimizing Your Supply Chain

Q: How can today’s manufacturers deal with increasing regulations, demand volatility, and shifting global trade currents? A: While supply chain managers work diligently to design and oversee extended supply chains, one aspect that often falls through the "operational cracks" is supporting the corresponding financial supply chain. Orchestrating the end-to-end cash flow velocity and supporting transactions […]

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Brian Easton

The Role of Relationships in Automated Brokerage

Q: Recently we have seen an emphasis on technological tools working towards an “Uber for trucking” model. Is this achievable in the brokerage industry? A: To answer this question, let’s first clarify the analogy itself—Uber for trucking. Nowadays, companies are setting out to entirely automate the brokerage process by better connecting the brokerage firms with […]

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GOOD QUESTION | How would you define a 4PL?

GOOD QUESTION | How would you define a 4PL?

A 4PL is the conductor of the orchestra. It oversees disparate pieces of the supply chain and brings them into harmony to achieve efficiency and, ultimately, applause from the shipper client. Larry Hall Principal and Founder Logistics Planning Services (LPS) A 4PL manages logistics functions, such as a mix of a private and/or dedicated fleet, […]

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