Like his Father and Grandfather before him, Founder and President of Logistics Titans Wes Streubing has supply chain in his blood. And he’s on a mission to bring that passion, history and industry knowledge together to bring a new and innovative approach to supply chain.
As the largest specialized and asset-based carrier in the US, Logistics Titans aim is to empower their clients with new possibilities through their commitment to seeking out the latest technologies, providing data-driven insights and bringing a customized, holistic approach to every client.
In this episode, Wes discusses the challenges we’re currently facing in supply chain and how the industry needs to continue to be creative and agile in its approach. And innovative industry leaders who continue to learn and grow are a vital part of this, especially in unprecedented times as we continue to face the impact of Covid 19.
But, as Wes looks to the future, he’s sure that Covid 19 is 'a short-term discomfort, not a long-term problem' and that the future for supply chain is bright.
[00.38] The history behind the Logistics Titans brand
[02.08] Industry complexity and challenges, from accurate forecasting to predictive analysis
[03.27] The importance of data
“We’ve gone from just being people who provide transportation services and warehousing services to being someone who provides meaningful data back to business”
[06.33] Working with partners and Wes’s core philosophy in life and business
“I’ll be in your life as long as I can make it better”
[07.42] Growth and self-awareness in leadership
[10.01] Content consumption, and how Covid 19 has brought supply chain content all the way to the board room
[12.45] How their holistic approach makes Logistics Titans different
“Our mission is to facilitate our client’s agenda”
[15.56] The impact of Covid 19 and the importance of creative strategy and problem solving within supply chain
[21.32] A real life example of how Logistics Titans revolutionized their customers’ existing process
[24.38] The process of working with Logistics Titans
[27.23] How the future of logistics will marry people and technology
[30.32] The future for Logistics Titans
To find out more about Logistics Titans, or to book a free call to see how they could help you, visit their website.
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Ram is the founder of SKUteam, a company that provides globalized supply chain with localized supervision. They help companies working in the apparel, furnishing and fashion accessories industries take control of their supply chain and cut out unnecessary middlemen.
Ram explains that when it comes to production, 70% of processes happen in a factory. But brands have no idea what happens in the factories: they can’t tell if workers are paid fair wages, if working conditions are at the right standard or whether the product is manufactured according to the specific requirements. SKUteam help brands track every section of the supply chain works by offering a whole range of services including accounting and finance, inspections, audits and inventory planning.
With trends such as globalization and events such as Covid-19, brands want to move away from China and manufacture products elsewhere - but they aren’t sure where to go next. SKUteam helps brands find the appropriate factories and sample inventory. They then manage the audits, inspections and factory management. As Ram says, the future of supply chain is about removing human involvement. With SKUteam’s product, brands can be at the forefront of their industry simply by reducing costs and sourcing effectively.
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Ranna is a supply chain professional who works for Resilinc, a supply chain risk management company that offers data analytics and insights on supplier performance. With their patented technology, Resilinc can produce simulations of potential catastrophes and help customers and suppliers mitigate risk.
What is supply chain mapping? Ranna explains that supply chain mapping is about knowing who your tier 1, tier 2 and tier 3 suppliers are. Mapping is about knowing the full flow of your supply chain and therefore being able to successfully identify any points of failure. Large scale events such as Covid and have proved the importance of knowing how your entire supply chain works and being proactive rather than reactive.
Ranna has worked in supply chain for 20 years, and says the industry has come very far. Thanks to advances in technology, companies can use data to prepare and handle risk efficiently. With more natural disasters happening every year, this is more relevant than ever. She also explains that the future of supply chain will involve more transparency and an even greater ability to connect directly customers with suppliers. Ranna loves her job as supply chain manager and she highly recommends it to anyone who wants a career that involves building strategic relationships, understanding how cultures work and international travel.
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Melody is a supply chain professional who works for Alloy, a platform that offers in-depth data analytics for consumer good companies. For our Women in Supply chain spotlight for July, sponsored by Alloy, Melody tells us what her journey in supply chain has been like, what keeps her motivated and her plans for the future.
Supply chain is constantly changing and advancing - yet many companies are sticking to manual processes. Although they recognise and understand the need for analytics, companies still use spreadsheets and adopting technology at a very slow pace. As Melody says, it’s almost like companies don’t believe the right tools are out there and that manual is more efficient. As someone who works in commercial software, Melody knows there is still a lot of work to do.
What does success mean to Melody? To her, it means being in control of her destiny and being in a position to help others. She is driven by being surrounded by intellectuals who are eager to solve problems by tinkering and continuously testing. To others who are looking to get into a career in supply chain, Melody says: figure out what gets you motivated in the long haul and make sure to try as many different parts of supply chain as possible: after all, you won’t know what you like unless you try it!
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