Inbound Logistics | March 2023

DIALOG @ILMagazine [ INSIGHT ]

Want to join the conversation? FOLLOW US: linkedin.com/company/inbound-logistics facebook.com/InboundLogistics twitter.com/ILMagazine youtube.com/user/InboundLogistics inboundlogistics.com/podcast DROP US A LINE: editorial@inboundlogistics.com predictability, and are outperforming their peers with data-driven workows, insights, and actions—employing predictive approaches, implementing tech-infused workows, and experimenting with simulation like digital twins. As companies mature their digital twin, prescriptive and cognitive capabilities, they can improve supply chain productivity by 10–15%, eliminate non-value-add work by 50–60%, and improve their disruption response time from days to hours or minutes. Focus on sustainability. Integrate environmental sustainability and social impact into your enterprise strategy— recalibrate value with a holistic lens of people, planet, purpose, and prot impact. Experiment with open innovation and scientic discovery to explore new solutions and possibilities. Finally, emphasize sustainability in operational metrics, leadership assessments, and investment criteria. Broaden your workforce/recruiting strategy. Provide pay transparency and position company culture as a benet. Use AI to analyze labor markets, skills, experience, and location. Enable prescriptive AI capabilities to recommend pay adjustments and share analysis with workers. Include career paths, fast-track and rotational programs among others. Measure happiness to support business goals like productivity, quality, and sales. Integrate diversity into culture to reinforce an inclusive, safe atmosphere and broaden the pool of potential candidates by not requiring a four-year college degree for certain positions.

To address the talent gap, consider making jobs accessible to a broader pool of potential candidates, including groups that Today I am proud to say Candor Expedite was featured in the January edition. This morning I enjoyed sitting back and reecting on everything and everybody that has impacted me over the many years spent in transportation and various supply chain roles. So many ups, downs, and all-arounds! –Tyler Wiard Director of Business Development, Candor Expedite Quick TIP When I was a shipper, I would scan through the company proles of my latest edition of Inbound Logistics . My biggest headache at the time was liquid bulk tanker capacity for food- grade raw materials and nished product we were shipping in and out of my facility. I was always on the hunt to nd diamonds in the rough within this niche mode of transportation.

Re: Supply Chain Education Kindles New Skills bit.ly/SC_educa- tion_0223

may not historically have had as many opportunities in supply chain as others. Consider actively recruiting military personnel leaving the services. Include offering services or incentives for day care to allow women to more fully participate. –Chris Jones EVP Industry & Services, Descartes

The single most important skill young people should have for a career in supply chain management is problem-solving. Since supply chain management requires the ability to create and operate a series of independent processes, it is critical to be able to skillfully and surgically solve problems. Problem-solving requires using both objective and subjective skills and tools. Objective skills include data collection and analytics. Subjective capabilities include a positive attitude/behavior and interpersonal communication to convert results into actionable tasks. Problem-solving includes the ability to identify/analyze the problem and then develop/implement a controlled improvement plan. –Chris Petrocelli Instructor, Department of Global Business and Transportation SUNY Maritime College

Re. Plan Ahead and Get Organized for 2023 bit.ly/SC_predictions_0123

Managing the supply chain has become a juggling act. Chief supply chain ofcers should consider the following moves: Accelerate investments in supply chain technology. Research shows top supply chain performers are using cloud, analytics, and articial intelligence to provide ecosystem interconnectivity, sustainable operations, and greater

–Rob Cushman Worldwide Leader – Supply Chain Transformation, IBM Consulting

12 Inbound Logistics • March 2023

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