Supply Chain Management Trends for 2024 and Beyond

Digital Transformation with Eric Kimberling
19 Sept 202359:53

Summary

TLDR在这段对话中,Eric Kimberling,Third Stage Consulting的CEO和Transformation Ground Control播客的主持人,与物流和供应链专家Blythe Broom Leave进行了深入的讨论。他们探讨了2023年供应链管理的趋势,并预测了2024年及未来的发展。Blythe分享了她对供应链行业当前状态的见解,包括消费者支出的变化、库存管理的挑战以及技术在供应链中的应用。特别强调了人工智能(AI)在提高效率、降低成本以及增强决策能力方面的潜力。此外,讨论还涉及了供应链管理中的欺诈预防、货物犯罪问题,以及如何通过技术投资提高透明度和客户满意度。Blythe还为想要进入供应链管理领域的人提供了职业发展建议,强调了从基层做起、了解技术并建立人际关系的重要性。

Takeaways

  • 📈 **供应链趋势**:2023年供应链经历了从疫情经济的衰退中恢复,消费者支出从商品转向体验,然后又回到平衡状态,预计2024年将进一步稳定。
  • 💡 **技术采用**:人工智能(AI)和机器学习技术在供应链管理中的应用正在增加,帮助处理大量数据并优化决策过程。
  • 🚚 **货运行业变化**:货运行业正在从以关系为基础的业务模式转向更注重技术和自动化的模式,但人际关系仍然是业务的核心。
  • 🤖 **技术与人文结合**:尽管技术在提高效率方面发挥着重要作用,但供应链管理仍然需要重视人际关系和员工的参与。
  • 🌐 **全球视角**:供应链管理的决策需要考虑全球因素,如天气、地缘政治和经济数据,这些因素通过AI技术得到更好的整合和应用。
  • 📊 **数据重要性**:良好的数据管理对于AI和机器学习的应用至关重要,它可以帮助提高运输成本效益和整个供应链的效率。
  • 👷 **前线员工的适应性**:尽管存在对新技术的担忧和抵触,但一些前线员工正在逐渐接受并利用AI工具来提高生产力。
  • 🚧 **职业发展**:供应链管理职业发展中,了解AI和在地面层积累的经验对于进入该行业至关重要,这可以作为进入更高层次管理角色的跳板。
  • 📚 **教育与实践**:大学教育可以帮助理解供应链管理的理论,但实际工作经验对于掌握行业知识至关重要。
  • 🛠️ **技术投资**:组织在进行技术投资时,需要确保投资能够带来具体的回报,并且与公司内部流程和员工的实际需求相匹配。
  • 🔮 **未来规划**:供应链管理者应关注内部流程和员工,通过过程映射和技术投资来规划未来的发展方向,同时保持与客户的定期沟通。

Q & A

  • 2024年及以后的供应链管理趋势是什么?

    -2024年及以后的供应链管理趋势包括对人工智能的进一步采用,特别是机器学习技术,以及将这些技术整合进现有的技术栈中。此外,还有专注于特定领域的技术提供商,如司机追踪、卡车停车、海运等,它们将被整合进更大的系统中,以提高效率和降低成本。

  • 消费者债务增加对供应链有何影响?

    -消费者债务的增加导致消费者减少支出,这直接影响了供应链中的商品流通。在美国,消费者债务的增加和学生贷款偿还的开始可能会减少假期季节的消费者支出,这对零售商和供应链管理是一个挑战。

  • 供应链管理中AI的作用是什么?

    -在供应链管理中,AI的作用是处理大量数据,帮助节省成本,提高运输过程中的效率。AI可以帮助预测天气模式、优化运输路线、减少燃料消耗,并提高整体的物流生产力。

  • 供应链管理中的欺诈和货物犯罪问题如何通过技术解决?

    -通过采用跟踪软件和其他保险解决方案,公司可以更好地监控货物,预防欺诈和货物犯罪。这些技术可以帮助提高供应链的透明度和可见性,从而减少风险和潜在损失。

  • 供应链管理中的最佳解决方案是什么?

    -最佳解决方案包括集成到ERP系统中的各种技术,这些技术可以提高生产力并减少成本。同时,需要保持人际关系的重要性,因为供应链管理是一个以人为本的业务。技术投资应该与人工决策相结合,以实现最佳效果。

  • 如何开始供应链管理职业生涯?

    -开始供应链管理职业生涯的一个好方法是从基层做起,比如成为叉车司机或仓库操作员。此外,可以加入货运经纪公司,了解供应链的各个方面。随着经验的积累,可以将这些知识转化为更高级的职位,如供应链管理经理或AI运营专家。

  • 为什么供应链管理中的技术投资有时会失败?

    -供应链管理中的技术投资有时会失败,因为决策者可能没有充分了解实际使用者的需求和操作流程。如果没有与前线工作者沟通,直接强加技术解决方案可能会导致员工抵抗和低投资回报率。

  • 供应链管理中的AI操作角色是什么?

    -AI操作角色负责识别和实施AI技术,以提高公司的生产力和利润。这个角色需要对公司的流程有深入的理解,并能够确定AI可以提供最大价值的领域。

  • 供应链管理中的人际关系为什么重要?

    -在供应链管理中,人际关系至关重要,因为它们帮助建立客户和供应商之间的信任和合作。技术可以提高效率,但人为因素和关系网络对于业务决策和长期合作同样重要。

  • 供应链管理中的欺诈和货物犯罪如何影响业务?

    -欺诈和货物犯罪直接影响供应链的成本和消费者支出。这些犯罪行为增加了运输成本,可能导致商品价格上涨,最终影响消费者的购买力和公司的盈利能力。

  • 为什么供应链管理中的技术解决方案需要与人工决策相结合?

    -技术解决方案可以提供数据和效率,但人工决策提供了灵活性和适应性。人工决策可以考虑到技术无法捕捉的复杂情况和细微差别,确保供应链管理能够适应不断变化的市场条件。

Outlines

00:00

🎥 介绍和直播安排

本段落介绍了视频直播的背景,包括直播的主题是2024年及以后的供应链管理趋势。提到了直播的常规安排,即每周二同一时间进行,内容涉及数字化转型和供应链管理。还提到了观众可以参与提问,强调了观众互动的重要性。

05:01

🌐 供应链管理趋势回顾与预测

讨论了2023年供应链领域的主要趋势,包括疫情后的经济复苏、消费者行为的变化、零售商库存问题,以及消费者债务的增加对消费支出的影响。还预测了2024年第二季度末或夏季可能会结束对经济衰退的担忧。

10:01

📈 人工智能在供应链中的应用

强调了人工智能(AI)在供应链管理中的日益重要性,尤其是在物流行业。讨论了90年代以来供应链行业对新技术的采用情况,以及当前如何通过机器学习技术来优化已经建立的技术栈。

15:03

🤖 AI和机器学习的未来趋势

预测了2024年及以后供应链管理领域的AI和机器学习应用将进一步增加,特别是小型专业公司的发展,它们专注于特定问题,如司机跟踪、卡车停车、海运等。

20:05

🚛 供应链管理的现实应用案例

讨论了AI在供应链管理中的实际应用案例,包括使用天气数据来优化货物运输。强调了AI如何帮助从高层到基层的决策过程,以及AI对于提高日常工作效率的重要性。

25:07

🌟 技术整合与供应链优化

探讨了不同技术如AI、物联网、预测分析和数据管理在供应链管理中的应用,以及这些技术如何帮助做出更明智的决策。讨论了最佳解决方案在供应链管理中的重要性,以及它们如何影响传统的ERP系统。

30:07

🚜 技术采纳的挑战与机遇

讨论了供应链管理中技术采纳的挑战,包括前线员工对新技术的担忧和抗拒。强调了技术投资决策应考虑实际使用者的意见,以及如何通过技术提高生产力和降低成本。

35:08

📊 供应链管理的未来与职业发展

讨论了供应链管理的未来趋势,包括AI运营的重要性和对职业发展的影响。建议对供应链管理感兴趣的人从基础工作开始,了解行业内部运作,然后逐步转向更专业的技术角色。

40:08

💼 组织内部的供应链优化

建议组织应从内部审视,通过过程映射和与员工沟通来优化供应链。强调了与客户定期会面的重要性,以及如何通过这些内部和外部的沟通来规划未来的技术投资。

45:09

📝 结语和资源分享

总结了本次讨论的要点,并提供了如何获取更多信息的资源,包括Blythe的播客“Everything is logistics”和相关网站。

Mindmap

Keywords

💡供应链管理

供应链管理是指对商品从生产到消费的整个流程进行有效的监督和管理。在视频中,这一概念是整个讨论的核心,涉及到如何通过技术改进和人工智能的应用来优化供应链流程,提高效率并减少成本。

💡人工智能

人工智能(AI)是指使计算机系统模拟人类智能的技术,包括学习、推理、自我修正和感知。视频中提到AI在供应链管理中的应用,如通过分析数据来优化运输成本和提高决策效率。

💡数字化转型

数字化转型涉及将传统业务流程转换为数字化流程,以提高效率和效果。视频中讨论了数字化转型如何影响供应链管理,包括通过技术投资和自动化来改进流程。

💡消费者行为

消费者行为是指消费者购买商品和服务的模式和偏好。视频中提到,供应链管理必须适应消费者行为的变化,如从购买商品转向购买体验,这对库存管理和物流有直接影响。

💡库存管理

库存管理是供应链中的一个重要组成部分,涉及对库存水平的监督和控制。在视频中,讨论了如何通过技术改进库存管理,以应对过剩库存问题,并更好地预测消费者需求。

💡货运代理

货运代理是指在货物运输过程中充当中间人的公司或个人,他们协调货物的运输和分配。视频中提到,货运代理在供应链中扮演着重要角色,并且正在通过技术提高效率。

💡技术投资

技术投资指的是企业为采用新技术而进行的资金投入。视频中讨论了企业在供应链管理中进行技术投资的挑战,以及如何确保这些投资能够带来预期的回报。

💡数据管理

数据管理是指对数据的收集、组织、存储和分析的过程。在供应链管理中,有效的数据管理对于优化运营和提高透明度至关重要。视频中提到了如何利用AI来处理和分析供应链中的数据。

💡机器学习

机器学习是AI的一个分支,它使计算机能够从数据中学习并改进其操作。视频中提到,机器学习可以用于预测消费者行为和优化供应链流程。

💡过程映射

过程映射是分析和可视化工作流程的步骤,以识别效率低下和潜在改进的领域。视频中强调了过程映射在供应链管理中的重要性,以及它如何帮助确定AI和自动化的最佳应用点。

💡员工保留

员工保留是指企业努力留住其顶尖人才的做法。视频中提到,员工保留对于供应链管理的成功至关重要,企业需要通过提供成长和发展机会来激励员工。

Highlights

2024年及以后的供应链管理趋势讨论,涉及数字化转型、策略、流程和技术等话题。

直播形式的播客每周二同一时间进行,覆盖全球听众。

观众可以实时提出问题,与嘉宾互动。

Eric Kimberling作为Third Stage Consulting的CEO,介绍了公司的数字化转型服务。

Blythe Broom Leave分享了她作为Everything is Logistics播客主持人以及在物流行业的经验。

讨论了2023年供应链领域的重大变化,包括疫情经济的下滑和消费者行为的转变。

分析了消费者债务增加对消费支出的影响,以及零售商如何应对过剩库存问题。

预测到2024年第二季度,经济将摆脱衰退的担忧,消费者信心将增强。

AI在供应链管理中的应用被视为关键趋势,特别是在数据处理和决策支持方面。

讨论了AI和机器学习技术如何帮助提高运输过程中的成本效率。

强调了在技术投资中考虑人的因素的重要性,以及技术与人际关系的结合。

指出了技术解决方案提供商在销售技术时需要考虑的新的市场现实。

讨论了供应链管理中的欺诈和货物犯罪问题,以及技术如何帮助预防这些问题。

强调了在当前经济环境下,供应链管理者如何采取观望态度,避免错误的大额投资。

建议组织从内部审视,通过流程映射和员工保留来寻找提升效率的机会。

建议个人职业发展中考虑AI操作,作为供应链管理中的一个关键角色。

鼓励有志于供应链管理职业的人从基层工作开始,以获得宝贵的实战经验。

提供了关于如何联系和了解Blythe Broom Leave的播客节目的信息。

Transcripts

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today thank you for joining today's live

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stream which is to cover Supply Chain

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management trends for 2024 and Beyond

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I'll introduce Our Guest here in just a

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moment but before I do uh cover I'll

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cover a couple of logistical items uh

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first of all this is a live podcast

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interview that we do every Tuesday at

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the same time same place whatever

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platform you're listening or watching on

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we do this live discussion every week

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same time same place we talk about

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things all all things related to digital

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transformation including Supply Chain

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management as well as other strategy

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people processing technology types of

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topics this interview will become part

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of the transformation Ground Control

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podcast which is what we're filming this

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for so if you don't already be sure to

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check out transformation Ground Control

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you can find that on Apple uh podcast

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Google podcast Amazon Etc all the audio

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podcast platforms as well as streaming

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to LinkedIn YouTube Facebook and Twitter

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so be sure to check out that podcast if

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you don't already

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um secondly we are I've got some

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questions related to Supply Chain

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management that I'll ask our guest here

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in a moment but the real questions I

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want to get to are the ones that you all

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have that the audience has here so

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please chime in at any point along the

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way with with questions you might have

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um we'll get to those questions here as

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we go and you can just drop those in the

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chat whatever you're you're listening

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and watching here today in fact if you

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don't mind just dropping in the chats in

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the meantime what city and Country

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you're joining from today I'd love to

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see where the global Community is

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joining from today so just drop in the

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in the chat City and Country love to

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hear from you and see where where you're

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joining from here today

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um uh I guess just as a quick

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introduction for myself before I

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introduce the guest uh my name is Eric

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Kimberling I'm the CEO of third stage

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Consulting and we're an independent

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consulting firm that helps clients

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throughout the world reach their third

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stage of digital transformation success

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and of course I'm also the the host of

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the transformation Ground Control

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podcast which is what this interview is

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for

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so again the topic today Supply Chain

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management trends for 2024 and Beyond

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joining me today is Blyth broom leave

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and uh Blythe thanks for being here

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today thank you so much for having me

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excited to be here excited to have you

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this is your second time on the show I

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know last time you were on which is

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about a year ago I think it was probably

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about this time last year we had a

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really great discussion we got into a

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lot of supply chain stuff and I thought

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it would just be a great time for us to

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have sort of a checkpoint here we're

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late in 2023 thought it'd be a great

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opportunity for us to check in and see

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where things stand in the world of

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Supply Chain management where you see

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the world headed with Supply Chain

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management in 2024 and Beyond and all

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this other good stuff related to Trends

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and just what's happening in the space

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but before we get into those questions

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tell us a little bit about yourself and

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your different companies that you you

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manage sure so I am the host of a

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podcast called Everything is logistics

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so as you can tell it covers Logistics

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and supply chain and transportation

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mostly focused on the U.S market now we

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do cover you know International topics

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as well of course

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um but I started off in the freight

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industry here in the U.S in Jacksonville

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Florida working as an executive

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assistant at a 3PO which is a third

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party logistics company

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um basically uh working side by side

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with the executive team learning how you

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know a transportation company operates

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um and so because of that experience

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there I was given the role of marketing

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and uh digital media manager and so I

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started managing all the websites and

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marketing materials for that company and

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that was sort of my trial by fire into

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the world of logistics and that sense

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has evolved into my own company where

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the company that I worked for before

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became my very first customer

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um that that company is digital dispatch

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it's website Management Solutions for

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the logistics industry so Brokers

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carriers shippers vendors people like

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that anybody who essentially small to

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medium-sized businesses who need those

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kinds of services but the podcast is

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really my main focus that's where I get

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to have these awesome conversations with

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people from all over the world all over

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different sectors and modes of

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transportation so I'm excited to be here

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I'm excited to talk about you know the

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the fascinating world of supply chain

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because it really is we were talking

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just before we got on air that there's

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so much to learn within the world of

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supply chain from a historical

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perspective to you know just recent you

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know history

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um and even where we think you know

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geopolitical struggles

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um alignments are going to evolve in the

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near future it's always evolving it's

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always changing and I think that's why I

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love this industry so much

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yeah we were also talking about how it

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it's likely or is possible that neither

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one of us or anyone in the field will

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ever fully learn and master all there is

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to master about Supply Chain management

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because it does change so fast so that's

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right exactly I wish I wish I could

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learn it all right right so how would

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you so you started to touch on this a

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little bit then and maybe just to set

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the stage for the conversation here

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today how would you how would you

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summarize how the supply chain field has

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unfolded in 2023 so far if we sort of

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look at just you're in review sort of

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thing I know it's a little early for

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that but you know just we're three

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quarters of the way through what what's

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unfolded here what are the big trends

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you've seen so we're really coming off

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the downturn of the the covet economy

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and so specifically here in in the

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United States there was a lot of

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stimulus uh impact that a lot of checks

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that went out to the population

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um within the us a lot of residents were

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basically locked inside and couldn't go

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anywhere and couldn't do anything so

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what did they do they spent their money

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on consumer goods and so that had a

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massive ripple effect throughout the

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entire global economy a global supply

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chain we were we couldn't import fast

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enough all of the goods that U.S

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residents were buying mainly because

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they were bored at home and so now we're

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starting to see you know a little bit of

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that pendulum shift back to where

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consumers are spending a good amount of

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their money on all of these consumer

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goods that pendulum switched back over

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the last year or so into experiences

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people were traveling more and and doing

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more experiences uh but now that

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pendulum has kind of swung back towards

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the Middle where Consumer Debt has

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increased I think it just crossed you

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know a one trillion dollars here in the

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United States so consumers are pulling

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back on their spending rightfully so and

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so what we're seeing is more of a

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settling in to what this new post post

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covet economy sort of looks like in the

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United States we're going back to sort

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of 2018 2019 levels of purchasing

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um we're starting to see a bunch of

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especially over the last year a lot of

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retailers were dealing with Surplus

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inventory issues now those have since uh

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balanced out a little bit and so now

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we're coming up into the holiday season

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and it's really a wait and see game with

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a lot of what the consumers want to do

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and the retailers are going to

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essentially React to what the consumers

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want so they're not they don't have

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these massive you know warehouse space

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filled with inventories I mean even last

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year last Christmas season we were still

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selling Goods that were on container

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ships that were stuck out of the Port of

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Long Beach and La that were stuck on

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those ships for eight nine months and so

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a lot of those Halloween decorations

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those Christmas decorations that were

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stuck out on the boats in 2021 that

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inventory was sold off in 2022 and so

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this has really been the first holiday

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season where we're gonna find out where

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the true economy is at from a U.S

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perspective and then how the rest of the

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world is going to react as far as

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spending as well I think there's a

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greater fear of recessionary conditions

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across the entire globe and so it's kind

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of a wait and see approach both on the

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consumer side and on the retailer side

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and that that really is what drives

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um a lot of shipments

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um I guess separate from you know some

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of the more materials

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um dry bulk

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um natural gas crude oil things like

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that those shipments are treated very

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separately from consumer spending and so

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that's a whole different Market I don't

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really have the expertise on you know

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dry bulk goods and you know crude oil

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and things like that but I do know that

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some geopolitical tensions are are

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affecting those shipments as well but

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here the state side it really is all

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about the consumer and retailers just

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waiting and see

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interesting so our retailers in general

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and is the supply chain in general

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struggling less with excess inventory

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and sort of that lumpiness of the supply

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chain that we've had in in recent years

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yeah they're definitely uh so they have

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the re a lot of the major retailers so

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the Walmarts the targets um Costco's

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even of the world they have that

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warehouse space now secured and so

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they're essentially what they're doing

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is they're just waiting to see what the

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consumer is going to do I I mentioned

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earlier about the Consumer Debt that

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that has been increasing what is another

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factor that will really impact consumer

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spending is student loan repayments um

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for those you know who are viewing

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internationally U.S has a very

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um I guess a big issue with you know

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student loan payments for their college

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degrees for their college education

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those payments were put on hold since

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covid and now with that delay uh being

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removed you're going to have an extra

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added expense and so things are getting

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much more expensive for the U.S consumer

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much more than you know traditionally

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have been and so you have all of these

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additional bills that are coming down

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the pipeline so we we kind of expect to

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have

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a consumers are going to spend a little

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bit less this holiday season but we just

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don't know yet because we don't know if

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they're continuing or going to continue

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to rack up credit card debt um but less

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likely so because of all of those

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external factors that are now going to

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be playing a role as far as consumer

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spending is concerned and then you have

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on the on the carrier and the broker

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side of things which is the trucking

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companies and the the companies that are

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trying to arrange the shipments from the

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customers to the the people who are

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actually making the goods uh the

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manufacturers so you have those added

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components of they're also dealing with

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an enormous amount of fraud that's going

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on and so anytime you see you know

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consumers kind of interesting you know

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from a Global Perspective when you see

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the rise in Consumer Debt people not

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having access to a lot of excess funds

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to be able to go and Shop then you have

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a rise in crime especially cargo crime

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related activities that are also

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affecting a lot of Brokers a lot of

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carriers and it's becoming uh the cost

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of doing business is becoming very very

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expensive and so you have all of these

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factors sort of colliding in at once but

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the economy is still especially the

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us-based economy is still doing

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relatively okay there are some media

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companies Freight waves um in particular

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they have their sonar platform which

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predicts and and analyzes you know

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tender inbound rejection shipments

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things like that they analyze all of

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that data and they kind of predict that

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by Q2 of 2024 that we're essentially

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going to be out of any kind of recession

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there are some experts that think that

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we're going to be done with any kind of

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recession fears by the summer but spring

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to summer time is looking like when you

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know we're going to kind of be back to

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those pre-pandemic levels and the

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recession concerns are going to be over

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so hopefully that leads to consumer

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confidence increasing and then retailers

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confidence increasing and then you know

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that has a ripple effect throughout all

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of shipping whether it's the big cargo

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ships that you see out in the ocean or

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if it's the down to the trucks to the

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Amazon delivery packages that you're

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getting on your doorstep all of that has

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a ripple effect right right that's super

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interesting yeah that's an interesting

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prediction for for next year and when

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when things might start to settle down a

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bit there

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um so that's that's super interesting so

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what other Trends do you see

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developing then for 2024 and Beyond you

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talked about you know what what people

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are predicting for Q2 and into the

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summer of next year what other sort of

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big trends or predictions do you have

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for Supply Chain management in the next

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year well I think I mean we made it a

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whole 12 minutes without mentioning AI

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um so AI uh is just dominating I think

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every part of the conversation

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um in every industry especially when it

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comes to the logistics industry it's

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just Global Transportation as a whole uh

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there so to put things in perspective

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for the audience there

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the supply chain industry as a whole has

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been really slow to adopt new technology

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they made major investments in the 90s

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and the mid 90s early 2000s into what's

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called these massive transportation

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management software warehouse management

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software uh Fleet management software

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they made all of those investments in

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the 90s and what happens is with a lot

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of those different platforms they're big

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all-in-one platforms designed to handle

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everything all of your data from

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accounting to tracking loads to getting

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your products from point A to B rate

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negotiations all of those things were

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happening in one platform now you can

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imagine that that is so much data it is

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so much to filter through and so for a

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lot of the smarter companies

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um here in the freight space a lot of

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them have started to implement different

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machine learning Technologies they're

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implementing those into their already

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established Tech Stacks now what we're

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seeing especially that started this year

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is that

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some of those systems that were

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developed in the late 90s the early

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2000s they're becoming a little clunky

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they're becoming a little

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um I guess abrasive to uh further

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Integrations

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um outside Integrations with different

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other technology providers some of them

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are doing a good job of incorporating

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those different Technologies into those

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massive Tech Stacks but it's really

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started to happen over the last year

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where you're starting to get these not

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small players but these Niche players

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who focus on one thing driver tracking

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um truck parking

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um you know Maritime shipping you know

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the the amount of time that you're

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waiting off of the coast in order to you

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know get get your call into the the port

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in order to be unloaded

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um measuring gas and measuring fuel not

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gas fuel and truckers will kill me if I

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say gas battery fuel if uh you know from

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point A to B how much uh speed you

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should be doing on the highway how much

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of your speed you should be doing on the

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ocean all of these different Niche

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technology players are now starting to

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come into the fold and they're starting

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to be integrated into these bigger

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systems and so I think a major trend for

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2024 is going to be the further adoption

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of AI trying to filter through all of

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those different data points to help save

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their customers money to help save

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themselves

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um the the logistics providers help them

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save some money anywhere they can

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because just to give you a perspective

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any good that you have any kind of goods

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that you have in your house building

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materials things like that up to 50

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percent of that product's goods are

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Transportation related costs so any

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small savings that you can make on any

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part of the transportation process has a

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massive ripple effect and so I think

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that we're going to see more AI adoption

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we're going to see more machine learning

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and we're going to see more of these

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Niche players and hopefully break down

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some of these technological silos that

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exist within all throughout supply chain

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where you don't have just inner modal

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out on an island by themselves you don't

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have Maritime out on an island by

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themselves you know Trucking or you know

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even the variety of different trucks

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that are being used you don't have all

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of these different silos they can play

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together and integrate much more and I

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think we're going to see much more of

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that not just in 2024 but in 2023 as

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well these are when companies are

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starting to make those Investments and

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make their budgets as right now

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that's super interesting

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um and here's a follow-up question I'm

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going to get to you I'll put it on the

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screen I'll read in a moment before I do

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though

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um just one quick note for those of you

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that are watching on LinkedIn apparently

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there's a problem with the LinkedIn chat

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feature if you're on the uh if you're on

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the desktop I don't think the chat is

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working or at least we're not seeing

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them here so if you you could either go

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to the mobile LinkedIn interface or you

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can go to YouTube if you want to ask

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questions so I'm not ignoring you if

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you're trying to ask a question on

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LinkedIn just try the mobile app on

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LinkedIn or YouTube

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um if you if you want to engage with us

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here but um thank you for all the

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questions that are coming in so far uh

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this one's from YouTube from Andreas on

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YouTube

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and he sort of answered this but I'm

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curious to maybe dive into this a little

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bit more but is AI just a buzzword or do

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you already see real life use cases that

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are that really get used you sort of

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Ravel off a bunch of ways AI could help

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supply chain managers and Supply chains

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in general how often are you actually

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seeing those use cases or how much is it

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emerging would you say now and what do

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you expect to see in the future

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I I I do not think it's just a buzzword

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I think it's going to be absolutely

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crucial not just to at the the top

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company line level but down to the

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workers that are in the trenches

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um AI can really help a lot of those

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different processes and decision making

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that is going on from the top down to

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the bottom um we're seeing massive

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adoption happening from the accounting

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perspective we're also seeing it from

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the sales and marketing perspective I

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think that that's where the bigger use

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cases are right now there are other

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Transportation companies I'll use one

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for example

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um that they are taking the weather data

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that's available to you know anyone in

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the United States or really anyone

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globally you can take that weather data

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and overlay it on top of the shipments

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that you already have within your system

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and now the brokers who are sitting at

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the phones and they're calling the truck

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drivers they're calling their customers

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they're trying to get these shipments

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moved from point A to B they can now see

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those weather patterns days in advance

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so they can plan their equipment around

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that

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so say like a major hurricane is going

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to be coming through

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um say the Southeastern Port of the

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United States you likely do not want

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your shipments or your trucks or your

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equipment in those areas that are going

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to be heavily impacted unless you're

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going to be staging them for Recovery

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relief

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um so there's lots of different use

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cases of how AI where you could take

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that broker or that person that's

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sitting at the phone making those

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decisions is now able to take big pieces

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of that decision-making process and use

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AI as a filter on top of those decision

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making uh really high impact Revenue

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impacting decisions they're using these

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different tools and these different ways

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to sort through it massive amounts of

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data and that's really what AI is is

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taking all of your data and making it

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actionable and I think that that's where

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you know a lot of folks when they hear

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maybe is you know AI a buzzword or maybe

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is AI just a fad AI has been around for

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a while but in the sense of what what we

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were talking about with AI today it's

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essentially taking large data sets the

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large data sets of things already within

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your organization and then figuring out

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how you can use intelligence and your

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employees to use that data to make

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decisions faster so it's one of those

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things that is going to make the entire

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role evolve where you're using AI as

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almost like a co-pilot in your

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day-to-day work so it's not just a

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platform you're going to go to like

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ai.com and you know it buy the tool and

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then implement it into your systems it's

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going to be a core part of every part of

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your job to help you make decisions

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faster so I think from that perspective

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we are only scratching the surface when

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it comes to Transportation data because

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when you think of Transportation data

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and just Global Logistics supply chain

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it really tells the story of consumer

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Behavior All Over The Globe what people

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are purchasing what people are buying

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tells us about what the their future

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Investments are going to be and we

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simply just can't sort through all of

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that data by ourselves we do need the

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help from these other technology players

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um in order to make those decisions

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faster but it also matters if you have

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good data because if you've got if you

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have bad data you're not going to be

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able to make those decisions that are

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going to help your customers get their

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products delivered from source to porch

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much more quickly and much more

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efficiently which is what every customer

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every manufacturer wants in the world is

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they want cheaper Transportation costs

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and that's really going to be the only

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way to increase productivity from a

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logistics provider perspective

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yeah that's that's super interesting

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it's almost like there's a uh like an

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integration or a uh coming together of

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different types of Technology here

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you've got I hope you know AI internet

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of things I mean Predictive Analytics

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just data management all this stuff

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that's sort of been buzzing around in

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the background for a while now it seems

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like it's sort of a perfect storm of

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opportunity now with technology with all

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these different emerging texts

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especially with ai ai sort of like the

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Capstone that sort of takes all that

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other stuff and now makes it possible to

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make smarter decisions and not just have

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the data but now figure out what you're

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going to do with it and make better

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absolutely

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now kind of along those lines um this is

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from Kyler on LinkedIn along those lines

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of how technology will improve Supply

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chains and effect Supply Chain

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management going forward her question is

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how are artificial intelligence

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Technologies being applied to optimize

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supply chain and Logistics operations

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and what benefits do they offer you know

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what I'm so sorry that is not the

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question I'm going to ask that is a good

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question I'm going to come back to it

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um sorry no worries 180 here the one I

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meant to ask that was related to the

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last one was also from Kyler but this is

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um can you talk more about the need for

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best of breed Solutions in Supply Chain

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management sound like Niche options have

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great potential but how to influence the

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core Erp solution so you you talk about

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Ai and you talk about these different

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technologies that are becoming more

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mainstream and more of an opportunity to

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help improve Supply Chain management

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what does that mean in terms of like

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your back office Erp systems and or your

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traditional Supply Chain management

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systems are these going to be sort of

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Standalone systems or technologies that

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you're talking about or do you think it

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eventually gets embedded within Erp and

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Supply Chain management Solutions

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themselves there are definitely some

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players that are going to be integrated

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into some of these Erp Solutions now it

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remains to be seen because there are

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also there there's a an underlying

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current that has happened within the I

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would say the past five years where

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what's called these digital Freight

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brokerages which might be a little in

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the weeds for you know Supply Chain

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management nerds out there that I am one

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too so I use that term affectionately

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now they have tried to implement

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technology into a system that is mostly

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relationship based so for a lot of folks

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if you don't

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um I guess maybe understand the I guess

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the intricacies of the U.S Freight

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Market the U.S Freight Market is and I

play22:38

imagine this works all over the globe

play22:40

because relationships matter and so for

play22:42

a lot of these folks they have a direct

play22:44

relationship with the customer that's

play22:46

arranging the shipments now these

play22:48

customers have had a whirlwind of three

play22:51

years of nobody even knowing what a

play22:54

supply machine manager role was they

play22:56

were not invited into the c-suite they

play22:59

were not invited into budget planning or

play23:01

things like that and they and they

play23:03

should have been you know supply chain

play23:05

managers should have had a seat at the

play23:07

table because Transportation costs

play23:09

affect the product and good costs so

play23:12

much up to 50 like I just said and so

play23:15

for a lot of these companies they have

play23:16

avoided that

play23:18

um that issue and that role of a supply

play23:21

chain manager now the supply chain

play23:22

manager at a lot of companies has a seat

play23:25

at the c-suite table they're in the

play23:27

weekly meetings and they're talking

play23:28

about the increased role and their

play23:30

increased productivity or trying to get

play23:32

to an increased productivity

play23:34

um within their role but they're also

play23:36

these are people who are handling tons

play23:39

and tons of Brokers and shipments and

play23:42

relationships and they really just are

play23:45

frankly tired they're it's essentially

play23:47

you know one very small teams one to

play23:51

five people that are in charge of supply

play23:53

chain for global companies so they're

play23:55

overworked but they also want to focus

play23:58

on their go-to relationships so supply

play24:00

chain is very much and always will be a

play24:04

very people first business but they are

play24:06

getting pressure from the top from their

play24:08

investors

play24:09

um from partner companies that they need

play24:11

to start making these Tech at these Tech

play24:13

Investments and so that's where the tech

play24:15

Investments are almost being pushed off

play24:17

to this not the smaller players but the

play24:19

people lower in so you have the supply

play24:21

chain manager you have the logistics

play24:23

service providers you have your

play24:25

Warehouse operators you have your

play24:26

procurement directors you have all of

play24:28

these people that are now responsible

play24:30

for all of these different factors and

play24:33

so you have to think about it from the

play24:35

lens of

play24:36

what technology is going to help that

play24:38

supply that small Supply team supply

play24:40

chain manager team be able to work more

play24:43

effectively be able to be more

play24:45

productive and a lot of those folks are

play24:47

scared to make those large Tech

play24:49

Investments right now because of the

play24:52

fact that a lot of these folk a lot of

play24:54

these companies have focused on the

play24:56

digital side of things the digital

play24:58

movement of goods they've kind of forgot

play25:00

a little bit about the relationship

play25:02

aspect that you have to build between

play25:04

customer and broker and shipper and

play25:06

Driver all of these relationships matter

play25:08

and so for a lot of these you know

play25:10

digital Freight brokerages for example a

play25:13

lot of them focused on we're going to

play25:14

remove the person we're going to remove

play25:16

the truck driver we're going to remove

play25:18

these people that from the

play25:20

decision-making process and just

play25:22

digitally match you know a customer to a

play25:25

truck what's been lost over the last

play25:27

five years and what companies are

play25:28

starting to realize is that you need

play25:30

both you need the tech advancement you

play25:33

need the tech Integrations but you also

play25:35

cannot remove move the human from the

play25:37

equation and so it's there's a lot of

play25:40

companies that are struggling right now

play25:41

on how do we make Tech Investments

play25:43

without removing the human because we've

play25:45

already been burned over the last five

play25:47

years for making these large Tech

play25:49

Investments and that hasn't resulted in

play25:52

Roi so now it's it the pendulum we kind

play25:55

of talked you know earlier about the

play25:56

pendulum swinging pendulum is swinging

play25:58

back to the folks who focus on

play26:00

relationships and that they can build

play26:02

out customized Transportation uh really

play26:06

uh Transportation I would say solutions

play26:08

for these different customers based on

play26:12

their specific needs and that's where

play26:14

technology can come into play to help

play26:16

develop those custom Solutions where the

play26:19

person and the people are still at the

play26:21

at the Forefront of making those

play26:23

business decisions so then that way the

play26:25

people who are working in the trenches

play26:26

who are often forgotten about those are

play26:28

the people that are actually using the

play26:30

software those are the people that are

play26:31

actually using these different Tech

play26:33

Integrations and trying to find where or

play26:36

else they can make those slight

play26:38

improvements from not having to make 40

play26:41

calls a day a hundred calls a day in

play26:44

order to see where Freight is so now

play26:46

they're trying to figure out what what

play26:48

does that balance look like and so I

play26:50

think for a lot of companies especially

play26:52

in supply chain there have been burned a

play26:54

little bit in the past and now they're

play26:55

trying to figure out okay where do we

play26:57

make the investments from a technology

play26:59

perspective that we can get these

play27:01

incremental improvements from a

play27:03

productivity perspective and then still

play27:05

really focus on the people side of

play27:07

things which I think has been largely

play27:09

forgotten mostly because we've all been

play27:11

running around like chickens with our

play27:12

heads cut off over the last few years

play27:13

and now things are starting to kind of

play27:16

settle into what we think is the new

play27:19

normal and that's where companies can

play27:21

now catch their breath supply chain

play27:23

managers can catch their breath and

play27:25

everybody that works underneath them

play27:26

could kind of have a way to say okay

play27:28

what did we learn where can we make

play27:31

these Investments and where are we not

play27:32

going to waste a lot of time and energy

play27:34

because I you know I I don't have to

play27:36

explain this to you like you know a lot

play27:38

of these companies it's a senior EP that

play27:40

maybe makes a fly-by-night decision

play27:42

where that software sounds great we're

play27:44

going to use it and then they never talk

play27:45

to the people who actually use the

play27:47

software they never talk to the people

play27:49

that it actually directly affects and so

play27:51

I think that that's where it's almost

play27:52

like very much coming back to reality

play27:55

for a lot of these companies is that you

play27:58

probably over invested in Technology

play28:00

Solutions that didn't have a huge Roi at

play28:03

the end of the day and then now you have

play28:05

to reinvest back into AI there's a new

play28:08

sort of tech thing that you've got to

play28:09

learn but incorporating AI into

play28:12

different functions of the product to

play28:14

increase productivity of of your job

play28:16

will then Help the People relationship

play28:18

side of things to help make decisions

play28:19

faster so they can focus on the things

play28:22

that they're they're best at and that's

play28:23

developing and further developing those

play28:25

relationships with their customers

play28:28

yeah yeah that's super interesting and

play28:30

it's and it's an interesting

play28:33

perspective because you're talking about

play28:35

not only changing

play28:36

Technologies or leveraging technology in

play28:38

a different way but it's also a cultural

play28:41

and mindset shift I would imagine to

play28:42

where it's it's affecting you know us as

play28:44

all as humans in Supply Chain management

play28:47

um how how are you seeing or are you

play28:49

seeing the front line reaction to that

play28:51

like are you seeing like the average

play28:53

entry level or the front line person

play28:55

that's doing a lot of the work in Supply

play28:58

Chain management how do you see their

play28:59

jobs being affected or how are they

play29:01

adapting to this or do you know or are

play29:03

you seeing enough in that front line

play29:04

Behavior the Smart Ones are adopting it

play29:08

um now there is obviously with any kind

play29:10

of new technology there's a little bit

play29:11

of apprehension I would say a lot of

play29:13

apprehension depending on the segment

play29:15

that you ask um truck drivers in

play29:17

particular are very apprehensive to new

play29:19

technology they they are arguably the

play29:22

the

play29:23

they are arguably I would imagine the

play29:25

the mode of transportation and Logistics

play29:28

that are the most impacted by technology

play29:31

they've have autonomous trucks you know

play29:33

the promise of removing the driver

play29:35

um you know sort of promise to them and

play29:37

so it's become a career that they've

play29:39

almost had to fight back against

play29:42

technology coming more and more into the

play29:44

truck autonomous trucks probably doesn't

play29:46

look like it's going to be uh a thing

play29:50

that's going to be a long-term solution

play29:52

especially for long-haul Freight

play29:54

um there's a lot of debate that's going

play29:56

on around that sector but then from the

play29:58

truckers perspective they have ELD

play30:00

mandates these electronic log devices

play30:02

that have been installed in every one of

play30:03

their trucks

play30:05

um monitoring you know how far they're

play30:06

driving their speed they're going

play30:08

um they're basically outfitting a semi

play30:10

truck

play30:11

um with all of these electrical

play30:13

components

play30:14

um that makes the job of driving a truck

play30:17

um it's supposed to is for a lot of

play30:19

drivers that their sentiment is I can

play30:21

drive my truck better than this tool can

play30:24

tell me how to drive it now there's even

play30:26

more technology that's starting to come

play30:28

in with cameras that are inside the

play30:30

truck that are facing them and you have

play30:31

to think about it from the lens of the

play30:33

driver that these a lot of times these

play30:35

are their homes they're this is where

play30:37

they're sleeping in where they're

play30:38

undressing and where they're eating and

play30:40

whether you know enjoying their off time

play30:42

in

play30:43

um and so for a lot of drivers they're

play30:44

very hesitant to adopt this new

play30:47

technology whereas the office workers

play30:50

it's almost very much

play30:52

um the same kind of apprehension to

play30:54

adopting technology because they see it

play30:57

as this is going to take my job and we

play31:00

also see it in warehouse workers as well

play31:01

with the adoption of more robotics

play31:04

um you know more automation coming into

play31:07

the warehouse there are actual companies

play31:09

that have to train their employees to

play31:12

see the robot as a helper from a

play31:15

psychological perspective they have to

play31:17

introduce this kind of training to say

play31:18

you have to see this robot as a helper

play31:21

not something that's going to take you

play31:23

your job and so there's this

play31:24

psychological component with adopting

play31:26

more technology into the fields into

play31:30

various different silos within the

play31:32

entire supply chain but then you have

play31:35

some of the people who are taking these

play31:37

tools they are taking Chachi BT and

play31:39

Claude and you know I guess barred to an

play31:42

extent but not Bard is kind of an

play31:44

afterthought I think for most folks who

play31:46

use you know these large language model

play31:48

type tools

play31:50

um what we're starting to see more

play31:52

especially at the Enterprise level for a

play31:54

lot of logistics companies is that they

play31:56

are adopting their own personal element

play31:59

large language models to learn off of

play32:02

their own data sets for Fears that their

play32:04

data could you know privacy concerns

play32:06

things like that with using some of

play32:07

these open source models and some of

play32:09

these other um you know Microsoft

play32:11

powered models things like that

play32:13

um so you kind of have a an apprehension

play32:16

I've seen it with a lot of marketers and

play32:17

sales folks as well much less so on the

play32:20

sales side of things it's much more on

play32:21

the marketing side of things they've

play32:22

really fear that their jobs are going to

play32:26

be taken the way I see it is that these

play32:28

jobs are evolving in that you know using

play32:30

these tools you're going to be able to

play32:32

increase your productivity so much more

play32:34

so much faster because you're able to

play32:37

sift through data so much more quickly

play32:39

everything is recorded conversations

play32:41

like this or recorded meetings are

play32:43

recorded you can't possibly filter

play32:45

through all of that data and be able to

play32:48

learn something from it to turn it into

play32:49

something actionable and so that's why I

play32:52

say the Smart Ones are starting to use

play32:54

these tools in every aspect of their

play32:57

work from email to quoting to uh you

play33:00

know rfps to customer Communications to

play33:03

reducing the amount of phone calls that

play33:05

someone has to make to the shipper to

play33:07

the broker and so we're having a lot of

play33:09

these Tech uh Tech advancements but

play33:12

they're very much as that other side

play33:14

that is very resistant to it I would say

play33:16

drivers are the most resistant to it but

play33:19

rightfully so where it's going to impact

play33:21

more along the lines of supply chain is

play33:23

going to be those in-office workers the

play33:25

accounting the marketing this sales

play33:27

teams and also the folks that are doing

play33:29

a lot of pricing a lot of quoting

play33:31

different trade Lanes all throughout the

play33:33

globe what do those rates look like

play33:35

who's the carrier there's all of these

play33:38

different data points weather is another

play33:40

one geopolitical issues all of these

play33:43

different data points have to be pulled

play33:45

into consideration and it would be

play33:47

impossible to make educated guesses or

play33:50

educated decisions if you're not working

play33:52

with those different data sets and using

play33:54

technology on top of those data sets

play33:57

yeah especially when you talk about the

play33:59

disparate data sets the the stuff that's

play34:01

not internal it's not data that you've

play34:03

accumulated or hoarded over decades in

play34:05

your own internal systems this is you

play34:07

know the geopolitical stuff weather

play34:08

related stuff economic data all that

play34:11

stuff is third party that you you've got

play34:13

to figure out a way to tie it all

play34:15

together with the internal stuff that

play34:16

you have um and a lot of these folks

play34:18

they don't have the conversations with

play34:19

those workers with the the Brokers that

play34:22

are making 100 phone calls a day or the

play34:23

drivers that are driving hundreds of

play34:25

miles a day they aren't being consulted

play34:28

first for a lot of these these Tech

play34:30

Investments and so when it comes down

play34:32

the pipeline hey you got to start using

play34:33

this tool they don't want to use it and

play34:35

then they figure out really quickly oh

play34:36

we just wasted a very large chunk of

play34:39

money on this investment because we

play34:41

didn't actually talk to the people who

play34:42

are going to be using the tool

play34:44

um so that is it sounds like such an

play34:46

easy thing but I think for the last you

play34:49

know handful of years a lot of folks

play34:51

within supply chain have been um it's

play34:54

almost like the the shiny shiny object

play34:56

syndrome where they see the new tech

play34:58

tools and they are they want to just go

play35:00

ahead and just buy them without

play35:02

realizing how it's going to fit into

play35:03

their already established processes and

play35:06

then also from the lens of the workers

play35:08

who are actually going to use it so

play35:10

that's why you know I say right now is

play35:12

that there's a little bit of

play35:13

apprehension to invest in Technology

play35:16

Solutions unless you can prove that you

play35:18

can provide an Roi or solve a very

play35:21

specific problem which sort of brings it

play35:23

back to where a lot of the niche players

play35:24

we talked about earlier in the

play35:26

conversation where they're going to play

play35:27

a really strong role I mentioned it kind

play35:30

of briefly earlier that you know a large

play35:32

aspect of what's going on in this

play35:34

industry right now is fraud and

play35:35

prevention of fraud cargo crimes things

play35:38

you know it's smuggling across borders

play35:40

smuggling into different ports a lot of

play35:43

these things are uh you know they're

play35:45

it's on an uptick and so you're what

play35:48

you're starting to see more and that has

play35:49

a direct impact on bottom line and Roi

play35:52

is that a lot of these companies are

play35:53

starting to invest in tracking software

play35:55

and then it goes back to the drivers the

play35:57

drivers want to be tracked you know

play36:00

there's different elements with where

play36:02

you're shipping Goods I I just talked to

play36:04

an insurance provider on the podcast the

play36:06

other day that that mentioned that for

play36:08

his uh drivers in Mexico they are only

play36:11

allowed to drive during the day they're

play36:13

not allowed to drive at night because

play36:14

that's where their statistics are

play36:16

showing them that a majority of cargo

play36:18

crime is happening is at night so when

play36:21

they do drive on the road they drive

play36:22

during the day and they do not stop

play36:24

um so a lot of these different factors a

play36:26

lot of these different data points are

play36:28

going to they should be impacting your

play36:30

decisions but what are those Niche

play36:33

players what are they all what kind of

play36:34

solutions are they offering for the

play36:36

problems that exist right now that is

play36:38

directly impacting Revenue fraud and

play36:40

cargo crime is a huge one especially

play36:42

Stateside and I would imagine across the

play36:45

globe but that is one that is uh the

play36:48

more investment is starting to come into

play36:49

that mix

play36:50

um and more of a stronger focus on

play36:53

trying to prevent these issues because

play36:55

we talk about all of just the general

play36:57

formal supply chain issues but then you

play36:59

layer in the fact of cargo crime on top

play37:01

of it and that it directly impacts

play37:03

pricing it directly impacts consumer

play37:05

spending the cost of goods it impacts a

play37:09

lot so that that's a big factor of

play37:11

what's going on in supply chain right

play37:12

now that is trying to be combated with

play37:15

technology and with different Insurance

play37:17

Solutions tracking things like that but

play37:19

are the drivers going to use it are the

play37:21

broker is going to use it

play37:23

um that Still Remains to be seen

play37:25

so you're you're touching on a lot of

play37:27

stuff here like related to technology

play37:29

Trends human adoption you talked earlier

play37:33

about

play37:33

um the dust settling from from covid and

play37:37

Supply chains just sort of resuming back

play37:38

to their 2018 normalcy if there is such

play37:41

a thing

play37:42

um so there's a lot there's a lot going

play37:44

on here right there's a lot of different

play37:45

things you're talking about what what do

play37:46

you see with all these supply chain

play37:48

managers that you talk to every day and

play37:49

interview on your podcast and whatnot

play37:51

what are the biggest things that are

play37:52

keeping them up at night you know of all

play37:54

these things that are going on sounds

play37:56

like they might be spread thin they've

play37:57

got a lot to a lot of balls in here

play37:59

what's keeping them what's keeping them

play38:00

up at night what worries them most when

play38:02

it relates to Supply Chain management

play38:03

some of these Trends you're talking

play38:04

about I would say definitely

play38:06

um it's almost a sentiment of Don't Rock

play38:09

the Boat right now

play38:11

um where they have you know we kind of

play38:12

talked about you know the the tech

play38:14

Investments that they've made over the

play38:15

last five years didn't really come to

play38:17

fruition hasn't really had a strong Roi

play38:20

and so for a lot of folks and especially

play38:22

what I'm I'm hearing and what

play38:23

anecdotally what I'm seeing is that for

play38:26

a lot of these businesses it's a wait

play38:27

and see approach it's a wait and see on

play38:29

how consumers are going to be spending

play38:31

how retailers are going to respond to

play38:33

that spending if spending happens at all

play38:35

and then from the investment side of

play38:37

things margins are so thin right now

play38:40

there was a huge boom during covet where

play38:43

people were buying stuff like crazy and

play38:45

shipments and you know I think pallets

play38:47

went from like a hundred dollars a piece

play38:49

to two thousand dollars a piece and so a

play38:52

lot of these fluctuations that were

play38:53

massive pendulum shifts in the economy

play38:56

have started to settle back in and so we

play38:59

I think there is a almost a desperation

play39:02

to find out what is the new normal what

play39:05

does that look like so there's a

play39:07

hesitancy to make those big Investments

play39:09

right now and then to have kind of a

play39:12

wait and see approach on where they want

play39:14

to move those chess pieces on their

play39:16

chessboard and so I think for a lot of

play39:18

these folks they just they don't want to

play39:20

make the wrong investment because the

play39:21

wrong investment could dramatically

play39:23

impact the bottom line and when margins

play39:24

are already thin that wrong investment

play39:27

could lead to a lot of people getting

play39:28

laid off and so I think for a lot of

play39:30

folks it very much is a wait and see

play39:32

approach Don't Rock the Boat

play39:34

how our supply chain technology solution

play39:37

providers responding to that uh that

play39:39

concern do you see them sort of get more

play39:41

aggressive or finding different angles

play39:43

to sell their their Technologies to

play39:44

these these supply chain managers given

play39:46

that mindset I mean for a lot of them

play39:49

they're they're facing a hard reality I

play39:51

think it's a it's a reality for a lot of

play39:53

software providers that are especially

play39:55

ones that were VC backed

play39:57

um the VCS and the The Venture Capital

play39:59

funds they want to see an Roi they want

play40:02

to see that there's light at the end of

play40:03

the tunnel

play40:05

um and for a lot of these Technology

play40:06

Solutions that haven't come to fruition

play40:08

a lot of those companies are laying

play40:09

people off and a lot of that funding is

play40:12

drying up it's not so easy to get access

play40:14

to this funding to continue

play40:16

building up a business to gain market

play40:19

share now it's all about profitability

play40:21

and yeah I mean for a lot of small

play40:23

business owners especially medium-sized

play40:24

business owners that should be like a

play40:26

duh moment that yes your business has to

play40:29

make money and so far I think a lot of

play40:31

the these software providers are really

play40:33

starting to have their their come to

play40:35

Jesus moment where it's like you got to

play40:38

make some tough decisions you have to

play40:39

figure out that path to prop

play40:40

profitability and what that looks like

play40:42

you have to communicate that that to

play40:44

your your funding partners and then from

play40:47

the funding partner perspective they

play40:48

don't really have a lot of patience

play40:50

um and so they want to see that Roi and

play40:53

if they don't see it then you're going

play40:54

to be forced to unfortunately make you

play40:56

know a lot of layoffs a lot of freight

play40:58

Tech uh companies in our space have uh

play41:00

dramatically uh laid off a lot of their

play41:02

stuff hundreds of people

play41:04

um just in the last month have been laid

play41:06

off from a lot of these more Tech

play41:08

focused Freight tech companies and so

play41:11

for and it's not just bro it's not just

play41:12

tech companies but also the brokerages

play41:14

that invested in a lot of those

play41:16

Technologies Solutions thinking that

play41:18

technology was going to solve all of

play41:20

their problems and they forgot the

play41:22

people aspect they forgot that you know

play41:24

it's not going to be this sort of uh

play41:26

Scrooge McDuck situation where you're

play41:28

just going to dive in a pile of money

play41:29

every single year that coveted spending

play41:32

habits are over and now you have to be a

play41:35

real business you have to be profitable

play41:37

you can't really wait any longer or

play41:41

otherwise a lot of people are going to

play41:42

suffer and so you have to write the ship

play41:44

and you have to do it now and that's

play41:45

where a lot of companies are starting to

play41:47

set themselves up for that 2024

play41:49

hopefully success is by trimming the fat

play41:52

now and unfortunately it's a crude way

play41:54

of you know saying that when it comes to

play41:56

you know employee jobs and things like

play41:58

that because ultimately they're the ones

play42:00

that that burn or get the brunt end of

play42:04

it when upper management makes you know

play42:07

bad decisions and bad investment

play42:08

decisions

play42:10

um but that's the thing with the supply

play42:11

chain is that it's always evolving it's

play42:13

one that's always going to be invested

play42:15

in and so the thing with you know supply

play42:17

chain roles is that unfortunately if you

play42:19

are laid off in one area then there's

play42:21

probably several other areas that you

play42:23

could make the leap and make the jump

play42:26

um career-wise and um from an AI

play42:29

perspective if you are not focused if

play42:31

you are one of those folks that were

play42:32

laid off and you're not focusing on just

play42:34

AI operations as a whole uh I feel like

play42:37

that that is one area that is a glaring

play42:40

mistake but it also could be a great

play42:42

opportunity because that's what every

play42:44

single one of these companies are

play42:45

wanting to do right now they're wanting

play42:47

to be more productive and they want to

play42:49

cut costs and AI can help in both of

play42:51

those areas and so for a lot of those

play42:53

folks a lot of these software companies

play42:55

that built up they had a really high

play42:57

body counts

play42:58

um inside their offices a lot of these

play43:00

brokerages as well now it's about who

play43:03

who can rise to the top who can use

play43:05

these these Solutions in order to be

play43:07

more productive and to enhance their

play43:10

career but also enhance the bottom line

play43:12

of a lot of these companies

play43:15

um because that that's really the only

play43:16

solution I see right now for a lot of

play43:18

these tech companies that are are forced

play43:21

to really look at the bottom line and

play43:23

look at their revenue look at their P

play43:24

L's and see where they stand and you got

play43:27

to make smart decisions you got to get

play43:29

leaner and that's where I think you know

play43:31

for for a lot of folks it's the process

play43:33

mapping it's the boring stuff

play43:35

um the process mapping the software

play43:37

Investments and how you're going to put

play43:38

Ai and automation where it makes sense

play43:40

that the people can still be at the

play43:42

Forefront of those building those

play43:44

relationships and then use this as

play43:46

almost like their their superpower that

play43:47

that nobody else sees

play43:50

agree with you on one thing and that

play43:52

process mapping is boring I totally just

play43:53

I think process mapping is really fun

play43:55

but but something really challenging too

play43:58

it is so do you think you know kind of

play44:01

Shifting Gears a little bit here in your

play44:02

career or you know Supply Chain

play44:04

management careers which is a lot of

play44:06

um a lot of questions we get on social

play44:08

media is related to how do I get into

play44:10

Supply Chain management what area of

play44:12

Supply Chain management should I focus

play44:13

on is it a good area to focus on what do

play44:16

you see here in terms of

play44:17

um just general career opportunities is

play44:20

it going to be more on the Consulting

play44:21

side sort of the outside third parties

play44:23

that are going to be more opportunity

play44:24

you think it's the internal uh types of

play44:27

people that can add value internally is

play44:28

it a combination of both or where what

play44:30

do you see is like a trend in terms of

play44:31

careers in Supply Chain management as

play44:34

terms of careers I I think I I feel like

play44:36

I'm beating a dead horse when I'm going

play44:38

to say this but AI operations

play44:40

um that is going to be the bread and

play44:41

butter of a variety of different roles

play44:44

within all of supply chain I mentioned

play44:47

from account I don't this is from a

play44:49

us-based perspective but we have a

play44:51

shortage of accountants we have a

play44:53

shortage of CPAs in the United States

play44:55

accounting is one of the largest

play44:58

departments at a supply at a uh you know

play45:01

a logistics company at a supply chain

play45:02

company the accounting department is

play45:05

some of the largest and we have a

play45:06

shortage of those types of people then

play45:08

we need software to come in and help

play45:10

alleviate a lot of the overworked

play45:13

individuals who are already in those

play45:14

roles and they really don't have sort of

play45:16

a reprieve and or a relief to come in

play45:19

and help them besides these different AI

play45:21

adoption Technologies and so what we're

play45:23

probably going to see especially from a

play45:26

career perspective is somebody who is

play45:29

impact or somebody who is fluent in

play45:31

process mapping someone that is fluent

play45:34

in also AI operations where can AI fit

play45:38

in how can we standardize our data so

play45:40

that it is good for these these

play45:42

different large language models these

play45:44

private ones that should be in

play45:46

deployment that should be being built or

play45:47

at least looked into from a tech

play45:49

perspective active from it or a company

play45:51

perspective just in general and so I

play45:53

think the the role of AI operations and

play45:56

having someone that has a general

play45:57

overview of that process mapping and

play46:00

then seeing where AI plays a role I

play46:02

think there's an incredible opportunity

play46:03

in order to be able to be that main

play46:06

focal point to be that main person who

play46:09

is focused on where can we Implement AI

play46:12

where is it going to make sense and so

play46:14

having someone that is you know a chief

play46:16

AI officer or someone who is you know

play46:18

their title is AI operations I think is

play46:21

going to be a massive play

play46:24

um and really sort of solidify uh a

play46:27

little bit of a guarantee for a career

play46:30

in the near future where a lot of these

play46:32

other traditional roles are are being a

play46:35

lot of the I would imagine the the

play46:38

duties within those traditional roles so

play46:40

think about the folks that are in the

play46:42

White Collar work the uh research

play46:44

analyst um a pricing

play46:46

um analyst a lot of those different

play46:48

roles are directly going to be impacted

play46:51

by AI where you might have had six

play46:54

people performing that job whereas you

play46:57

might only need like two or three now if

play46:59

you use the tools like AI so if you're

play47:02

in Supply Chain management or if you're

play47:04

looking to be in a supply chain kind of

play47:06

career or adjacent I would get in on the

play47:09

ground floor I would talk to the people

play47:10

that are in the trenches that are doing

play47:12

the work and then become the person who

play47:14

is the go-to AI person within the

play47:17

company that you can look at those

play47:18

different process maps you can look at

play47:20

the different Tech that you have or Tech

play47:22

Stacks that you have right now the tech

play47:24

advancements that you could be making in

play47:26

the future or or in addition to the AI

play47:30

responsibilities and how you can figure

play47:32

out where it's going to play a role in

play47:34

different departments all across the

play47:36

company because it really is going to

play47:38

have a direct impact on revenue and

play47:40

productivity so if you can be that

play47:41

person be that person dive in bookmark

play47:45

these tools figure out how you can use

play47:47

them in every aspect of your job it's

play47:51

going to help you get there a little bit

play47:52

faster now it's not the end result it is

play47:55

not I have to put that caveat out there

play47:57

that it's not as simple as you know

play47:59

write me a sales email to a new customer

play48:01

and chat GPT it's not that simple you do

play48:04

have to have a level of expertise and so

play48:06

that's where the higher thinking

play48:09

um the the more of the Strategic

play48:10

thinking individuals who can see where

play48:13

it makes sense for these AI automation

play48:15

machine learning tools to come into play

play48:17

that's where it's going to really just

play48:19

almost put gasoline on the fire for a

play48:22

lot of these folks who are looking for a

play48:24

career that's going to have a little bit

play48:25

more longevity whereas some of these

play48:27

other careers are a little bit more in

play48:30

the balance of things of what trajectory

play48:32

they're going to go because AI is just

play48:35

impacting every single role at a variety

play48:37

of different levels

play48:39

that's super interesting now is that

play48:42

movement Ai and being uh maybe you're

play48:44

not going to be an entry-level Chief AI

play48:47

officer necessarily although that could

play48:48

be a longer term career path for you

play48:51

um this sort of ties into a question

play48:52

from from Kyler here on LinkedIn

play48:54

um about breaking into the Supply Chain

play48:56

management industry and what do you

play48:58

recommend to people that want to get

play48:59

into Logistics and Supply Chain

play49:01

management obviously AI is one area that

play49:03

you know if you know Supply Chain

play49:04

management and you know AI I think what

play49:07

you're saying and I think what we agree

play49:08

on is that that's a great that could be

play49:10

a great entry point are there other ways

play49:13

or other tactics or strategies or areas

play49:15

of focus that you think are going to be

play49:17

more important for people that are

play49:18

entering Supply Chain management right

play49:19

now in addition to AI I mean they're not

play49:21

going to like this but you gotta you

play49:23

gotta get it on the ground level with

play49:24

some of these a lot of uh transportation

play49:27

and Logistics professionals they are in

play49:29

the field there it's more blue-collar

play49:30

it's hard work getting into that aspect

play49:34

of it so maybe like a forklift driver

play49:36

maybe Warehouse operations

play49:39

you could also go work for a big

play49:41

brokerage they're always always hiring

play49:43

and when I say brokerage I mean Freight

play49:45

brokerage um the people that are kind of

play49:46

like the middleman who are arranging the

play49:48

truck drivers and the warehouse

play49:50

operators and the customers and the

play49:52

manufacturers

play49:53

um so being that middleman will really

play49:55

give you a a breath of knowledge in all

play50:00

areas of the supply chain and then you

play50:03

can take that role and you can turn it

play50:05

into something that's AI operations you

play50:07

can figure out where technology plays a

play50:09

larger role but you can't know that

play50:10

until you do some of this work that's in

play50:13

the trenches even if you're a software

play50:15

player I would encourage you to go to

play50:18

some of these operations of where you're

play50:19

building that software and seeing how

play50:22

they're using the software you know I

play50:23

was just talking to a company the other

play50:25

or a couple months ago that they have

play50:27

their development team their warehouse

play50:29

managed they have a warehouse management

play50:30

software system they went to one of

play50:33

their customers and they sat in with

play50:35

their customer for a full week and just

play50:37

watched watch how they use their tool

play50:39

why watch how they use the mobile app

play50:40

they gained so much more insight from

play50:44

watching the in the trenches workers

play50:46

that they were able to turn around and

play50:47

make improvements to their product and

play50:50

be able to sell that use case to other

play50:52

companies now when you have that kind of

play50:54

experience from maybe a software vendor

play50:56

perspective or you're actually the one

play50:58

doing the work in the trenches you can

play51:00

then flip that into that supply chain

play51:02

manager role within a customer role so

play51:06

say a Target say a Walmart

play51:08

um a Costco you know building into not

play51:11

Sephora but maybe a Sephora some at

play51:13

makeup brands a consumer packaged Goods

play51:16

you know beverages you can once you

play51:18

learn the in the trenches knowledge you

play51:21

can take that knowledge and you can go

play51:22

to one of these bigger companies and

play51:24

become the worker on the other side

play51:26

where you're the one calling the and not

play51:29

having to worry about calling the truck

play51:30

drivers and calling the warehouse

play51:32

operations and making appointments and

play51:33

things like that so you could parlay

play51:35

that role into something where you're a

play51:38

Supply Chain management manager role

play51:40

into more on the customer side of things

play51:42

so there is that Evolution but if you

play51:45

want if you're young and if you're

play51:47

hungry and you want to get it on the

play51:48

ground level I would I would go to the

play51:50

nearest Warehouse I would go to the

play51:51

nearest Freight brokerage and I would

play51:53

get in and I would learn everything

play51:55

about the modes that there are shipments

play51:57

that they're using the equipment that

play51:59

they're using the Commodities that

play52:00

they're shipping and then once you learn

play52:02

just the basics you don't even really

play52:04

need to go to college for this and

play52:06

that's what is the best part is that you

play52:08

can learn some Supply Chain management

play52:09

uh key tools things like that of course

play52:11

in college but a lot of the learning a

play52:14

lot of that happens while you're working

play52:16

at the companies you learn how the how

play52:19

the sausage is made you learn all the

play52:21

intricacies and then you can parlay that

play52:23

into other areas that have more

play52:25

longevity and have more opportunity for

play52:28

maybe what you want to do such as AI

play52:30

operations role or a supply chain

play52:31

manager role but getting in on the

play52:33

ground level and the in the trenches

play52:35

work is key to understanding where those

play52:38

problems exist because no matter if you

play52:40

maybe are an executive level role we

play52:43

kind of hinted this Earl earlier in the

play52:45

show you know they are making these bad

play52:47

Tech Investments because they're not

play52:48

talking to those folks who are in the

play52:51

trenches working so if you're talking to

play52:52

those in the trenches employees or if

play52:54

you're doing the work yourself you have

play52:56

a much better idea of where these Tech

play52:58

Solutions make sense and then you can

play53:00

parlay that experience into maybe a

play53:03

freight Tech role um a logistics Tech

play53:05

role or on the other side of things

play53:07

where you go and actually work at the at

play53:09

the customer level at the manufacturer

play53:11

level and then you manage the shipments

play53:13

on that side of thing as well and you

play53:15

manage the entire supply chain the

play53:17

source of the source for your products

play53:19

um things like that so I would advise

play53:21

get in on the trenches

play53:23

learn it there first and then you have a

play53:25

much better idea of where technology and

play53:27

other roles will have a greater impact

play53:29

especially while we're trying to still

play53:31

figure out what the hell is going on

play53:33

post coven right and it gives you a lot

play53:35

more credibility you know if you want to

play53:37

move up the food chain and become a

play53:38

supply chain manager or a CEO or

play53:40

whatever you know whatever future

play53:41

aspirations you might have having that

play53:43

credibility at the ground level is going

play53:45

to be a lot more so especially a great

play53:48

example you gave on the tech Investments

play53:49

the bad Tech Investments part of that

play53:51

could be that maybe these are guys and

play53:53

gals that are too far removed from the

play53:55

front lines either they don't happen to

play53:57

start off there yeah

play53:58

yeah and I'd say uh you know the the

play54:01

college the university and College route

play54:03

is probably good I guess if you want to

play54:05

be you know consultant certainly that

play54:07

can help uh but back to your point you

play54:09

don't have that Hands-On credibility

play54:11

necessarily just from having the the

play54:13

college degree or the University degree

play54:15

that's those curriculums they just

play54:17

frankly can't keep up and that's you

play54:19

know we've covered a lot and you know

play54:21

there's this short time talking but

play54:23

there's been so much that has happened

play54:24

that has impacted every aspect of the

play54:27

supply chain Journey for all of your

play54:29

products all of your goods and it's just

play54:31

happened within the last three years so

play54:33

everything we thought we knew you know

play54:35

prior to that has just been upended and

play54:38

so for a lot of these colleges their

play54:39

curriculum just frankly can't keep up

play54:41

and so the best way to get that you know

play54:43

sort of trial by fire knowledge is to

play54:45

just go work for these companies right

play54:48

right great great advice now speaking of

play54:50

advice just sort of a Capstone question

play54:52

here what what advice would you give to

play54:54

organizations that are still trying to

play54:56

chat they're still trying to navigate

play54:57

some of these supply chain main

play54:59

challenges today and I think what we're

play55:01

saying and whatever you say is that

play55:02

these challenges are not going to go

play55:03

away they're going to continue to evolve

play55:05

and change but they're not going to go

play55:06

away so what do you what do you

play55:07

recommend to an organization or a team

play55:09

that might just be struggling in general

play55:11

and they're not really sure where to

play55:12

where to start or what to do to kind of

play55:15

look to 2024 and Beyond I think you have

play55:17

to look internally it has to come with

play55:19

the people from within where are the

play55:22

opportunities that you have workers

play55:24

within your organization that want to do

play55:25

something else that want to do something

play55:27

more

play55:28

um it's not just a matter of employee

play55:31

recruitment but employee retainment

play55:32

Talent keeping your top talent within

play55:35

your organization not having them go to

play55:37

a competitor or to another industry and

play55:40

so for I think it starts from within it

play55:43

starts with the not the boring stuff the

play55:46

exciting stuff the process mapping so it

play55:48

starts from within looking at your

play55:50

people looking at your Tech stack

play55:52

looking at your processes and then

play55:54

figuring out where those Investments

play55:56

make the most sense do you need more

play55:58

bodies in the office making sales calls

play56:00

or do you need that software Solution

play56:02

that's going to come into play that's

play56:03

going to be able to help you combat

play56:05

fraud I you know I was just talking to a

play56:08

company the other day that I was

play56:10

surprised that this didn't already exist

play56:12

but it's essentially a credit score and

play56:14

rating for Brokers and shippers and so

play56:18

from a customer a shipper perspective

play56:20

they really have an outside of Google

play56:23

reviews and a couple different sort of

play56:25

Legacy software systems they really have

play56:27

no idea who is hauling their Freight who

play56:30

is hauling their goods and so the

play56:32

greater transparency greater visibility

play56:34

into who is hauling all of your goods

play56:37

who is involved in this processes and so

play56:39

that company what they do is they

play56:41

provide almost a credit score for a lot

play56:43

of these brokers and carriers so then

play56:45

that way they can make these Benchmark

play56:47

decisions on what is the most profitable

play56:49

trade Lane which ones are can we focus

play56:52

more on which carriers are the most

play56:55

profitable they're most on time their

play56:56

most reliable within those different

play56:58

trade lanes and so having all of that

play57:00

additional data points it just makes a

play57:02

ton of sense for a lot of companies to

play57:04

be able to say let's slow down the

play57:06

economy is slowed down so you have this

play57:08

extra time to be able to look at these

play57:10

things more in depth you can kind of

play57:12

catch your breath a little bit and look

play57:14

at where the Investments that not only

play57:16

you're going to make right now but

play57:17

possibly in the near future you can't

play57:19

make those predictions you can't make

play57:21

those Investments unless you're working

play57:23

with the people within your company

play57:25

you're talking to your customers that's

play57:27

one thing that I haven't mentioned yet

play57:28

that is so vital it's so important

play57:30

regularly having meetings with your

play57:32

customers to figure out what go what's

play57:34

going on with them and then that way you

play57:36

can plan your operations appropriately

play57:39

depending on how technology is being

play57:41

integrated and adopted within your own

play57:43

organization if you have people that are

play57:45

slow to adopt technology but you want to

play57:47

make Technologies Investments it's going

play57:50

you're going to have a little bit of a

play57:51

more challenging time so it's talking to

play57:53

your people figuring out what the pulse

play57:55

of your own internal workers are at

play57:57

where you can make some shifts and

play57:59

adjustments and then figuring out what

play58:01

those processes look like and then

play58:03

adopting AI automation machine learning

play58:06

on top of that in order to help you

play58:08

become more profitable and then if you

play58:10

are more profitable then your customers

play58:12

are going to be more profitable and it

play58:13

just has a ripple effect for everybody

play58:15

else in society I mean that really how

play58:17

supply chain works is that you can save

play58:19

your customers a little bit of money

play58:20

then they're going to save their

play58:21

customers a little bit of money ideally

play58:24

that's the way it's supposed to work but

play58:25

you know that's a whole other

play58:26

conversation you know we don't have time

play58:28

probably don't have time to get into all

play58:30

that

play58:30

right now how do people

play58:33

um learn about your podcast how can we

play58:35

listen to your podcast and how we learn

play58:36

more about your business sure so um my

play58:38

podcast is everything is logistics you

play58:40

can find it in all major podcast apps um

play58:42

Spotify Google Apple of course

play58:45

um if you want to check out more Recaps

play58:46

we have the the website everything is

play58:48

logistics.com

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um we're also on YouTube

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um so all of our interviews now have the

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video component as well as the audio

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component and then um if you just hit up

play58:57

everything is logistics.com that is

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where all of my content lives social

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media all that good stuff cool very good

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we'll really appreciate you being here

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again today uh life this was a great

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conversation and as always it's fun

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having you here and look forward to the

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next conversation as well so thank you

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thank you so much for having me

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absolutely and thank you to the audience

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for listening in and again apologies for

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those on LinkedIn that we weren't able

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to get to questions apparently that

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stream is just not working from from

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what I could tell today so hopefully uh

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that gets fixed but hopefully you

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enjoyed the interview anyway and we'll

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look forward to seeing this final uh

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product be we'll edit this in interview

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we'll polish it up we'll add more

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content to it'll become part of the full

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length transformation Ground Control

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podcast episode that gets released a

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week from tomorrow so be sure to check

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that out uh on audio podcast platforms

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throughout the world the same ones that

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you can find everything is logistics as

play59:44

well

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um so um thank you again to the audience

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for being here today thank you Blythe I

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hope everyone has a great week and we'll

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see you next time on transformation

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Ground Control take care

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