Posts Tagged “education”
AI and Trucking Trends Take Center Stage on Day Two of SMC3’s Jump Start 2024
Authored by SMC³ on January 30, 2024
The LTL industry is on the edge of its seat when it comes to how artificial intelligence (AI) will impact business and operations going forward. Will it replace human workers? Will AI and humans work together to improve many of the tasks that humans exclusively do today?
The Importance of Leadership in a Restless Economy
Authored by SMC³ on January 29, 2024
SMC3’s Jump Start 2024 conference began with Andrew Slusher, SMC3’s CEO, noting record-high attendance. Drawn by the promise of dynamic conversation on the state of the supply chain, participants saw the first day unfold with a series of presentations that varied from the qualities of leadership to what macroeconomic trends to expect in the coming year.
Two-part series: Developing Symbiotic Carrier-Shipper Relationships & tools of the Data Scientist
Authored by SMC³ on December 22, 2023
What does it take to forge a productive, mutually beneficial relationship between shippers and carriers in today’s competitive LTL environment? As attendees at SMC3’s recent LTL webinar on the topic learned, it boils down to four things: partners sharing data, analytics, crucial insight, and getting to the “we.” In the third LTL online learning session, […]
Two-part series: Developing a Story with Data to Optimize LTL Decision-Making and the best practices to simplify the LTL RFP process
Authored by SMC³ on November 30, 2023
It shouldn’t surprise anyone that the supply chain and logistics industry churns through mountains of data to move products from the point of origin to the final destination. According to the American Trucking Association, there were 11.46 billion tons of freight transported by trucks in 2022 and you can imagine the volume of data generated […]
Activity-Based Costing Drives Better Business Decisions
Authored by SMC³ on November 16, 2023
The trucking industry has a significant challenge—knowing which customers and accounts are most and least profitable. Having this information can empower carriers to move freight more efficiently and cost effectively, which thereby improves the bottom line. This challenge took center stage at a recent TCA webinar where participants from SMC3 and XTL Transportation Inc. discussed how to make better business decisions through activity-based costing. When asked how carriers do costing today, the vast majority of the attendees said they rely on team member experience and knowledge.
The logistics industry has a talent problem. Here’s how to fix it.
Authored by SMC³ on November 7, 2023
Of all the macroeconomic issues that have plagued the business world over the past few years, the persistent shortage of skilled labor has been a uniquely painful thorn in the side of industry. This trend is especially distressing in the realm of supply chain management, where expert analysis, bold leadership, and hard-won industry know-how are key in keeping companies (and the economy at large) functioning efficiently.