loader from loading.io

Overcoming Supply Chain Disruptions with Shanna Greathouse and Tony Nichols

The Logistics of Logistics Podcast

Release Date: 12/24/2020

Nicole Glenn and the Candor Expedite Story show art Nicole Glenn and the Candor Expedite Story

The Logistics of Logistics Podcast

Nicole Glenn and the Candor Expedite Story and discuss Nicole's story and the story of her company, . Nicole is the Founder and CEO of Candor Expedite. About Nicole Glenn , Owner and President of , a critical expedite service provider as well as a white-glove B2B company. Prior to opening and operating Candor, Nicole works hand in hand with company owners to develop their companies and grow their customer following and elevate their sales and operations teams. From building asset-based fleets to successful brokerages that specialized in expedite and standard truckload Nicole would also focus...

info_outline
The Freight Marketplace with Brent Hutto show art The Freight Marketplace with Brent Hutto

The Logistics of Logistics Podcast

The Freight Marketplace with Brent Hutto   and discuss the freight marketplace and its importance, dynamics, and huge impact on the U.S. economy. Brent works at , a company that provides the technology, data, trust, and relationships that make the freight marketplace so efficient. About Brent Hutto joined seven years ago and currently serves as the Chief Relationship Officer for which includes ensuring the health of all of Truckstop.com’s external relationships with hundreds of transportation technology companies. In his 23 years in the transportation and logistics industry, he has...

info_outline
Amazon vs Target vs Walmart with Rick Watson show art Amazon vs Target vs Walmart with Rick Watson

The Logistics of Logistics Podcast

Amazon vs Target vs Walmart with Rick Watson   and discuss Amazon vs Target vs Walmart and their strengths and weaknesses in the areas of ecommerce, fulfillment, distribution, and logistics. About Rick Watson founded  after spending 20+ years as a technology entrepreneur and operator exclusively in the ecommerce industry with companies like ChannelAdvisor, , Merchantry, and Pitney Bowes. Watson was one of the first employees at ChannelAdvisor, spending 10 years there in various executive capacities and launching many of the company’s...

info_outline
Greg Price and the Shipwell Story show art Greg Price and the Shipwell Story

The Logistics of Logistics Podcast

Greg Price and the Shipwell Story and discuss Greg’s entrepreneurial journey and the story. Greg is the Co-founder of Shipwell, a cloud-based transportation management software company. About Greg Price is the CEO and Co-founder of , a cloud based TMS solution based in Austin, TX. Shipwell is transforming the supply chain industry by replacing opaque and manual processes through a tech-enabled, fully connected logistics ecosystem with more than 500,000 carrier partners. Greg Price co-founded Shipwell to apply his engineering and machine learning background to the transportation market...

info_outline
What I Learned from Working at 6 Fulfillment Companies in 3 Months with Channa Ranatunga show art What I Learned from Working at 6 Fulfillment Companies in 3 Months with Channa Ranatunga

The Logistics of Logistics Podcast

What I Learned from Working at 6 Fulfillment Companies in 3 Months with Channa Ranatunga and discuss what Channna learned from working at 6 fulfillment companies in 3 months. Channa’s company, provides tools that enable improved worker efficiency in fulfillment warehouses, so he wanted to gain firsthand experience working in fulfillment. About Channa Ranatunga is the Co-founder and CEO of , a technology company dedicated to building smart tools that reduce repetitive work and improve worker efficiency in warehouses. Channa is an experienced entrepreneur in the logistics and supply chain...

info_outline
The Perfect Partner for the Owner-Operator with Mandy Morrow show art The Perfect Partner for the Owner-Operator with Mandy Morrow

The Logistics of Logistics Podcast

info_outline
Predict and Prevent Freight Damage with Ilya Preston show art Predict and Prevent Freight Damage with Ilya Preston

The Logistics of Logistics Podcast

Predict and Prevent Freight Damage with Ilya Preston and discuss ways to predict and prevent freight damage. Freight damage is not only expensive and upsetting to customers, but it is also ridiculously hard to figure out where, when, and how it occurred. Ilya’s company, Paxafe creates sensors that enable companies to determine when, where, and how shipments were damaged. About Ilya Preston is the Co-founder and CEO of . Ilya was formerly a strategy and operations management consultant within the Big 4 with both PwC and KPMG, advising Fortune 1000 clients across healthcare, technology, and...

info_outline
Top Trends in Supply Chain Tech with Charley Dehoney show art Top Trends in Supply Chain Tech with Charley Dehoney

The Logistics of Logistics Podcast

Top Trends in Supply Chain Tech with Charley Dehoney and discuss the top trends in supply chain tech. Charley is an entrepreneur, executive, and investor in companies that are transforming the logistics and supply chain with technology. About Charley Dehoney is a growth-focused executive, board member, and investor, with more than 17 years of experience at the intersection of transportation and technology. He has helped launch, build, and scale companies that have supported hundreds of millions of dollars in growth. Charley is currently working on a number of freight-related projects...

info_outline
Kevin Nolan and the Nolan Transportation Group Story show art Kevin Nolan and the Nolan Transportation Group Story

The Logistics of Logistics Podcast

and discuss Kevin's entrepreneurial journey and the Nolan Transportation Group Story. Kevin is the Founder of . About Kevin Nolan is the Founder and Chief Rhino at . Kevin founded NTG in 2005 with a small office, a box of cash, and two employees. NTG was built on a service promise and Kevin’s open communication style quickly earned the trust of both carriers and shippers. After five years in operation, NTG opened additional offices and began to take off, adding nine more offices between 2011 and 2016. Today, NTG has 13 offices nationwide. Kevin received his B.S. in Business Administration...

info_outline
The Internet of Trucking (IoT) with Tapan Chaudhari show art The Internet of Trucking (IoT) with Tapan Chaudhari

The Logistics of Logistics Podcast

The Internet of Trucking (IoT) with Tapan Chaudhari and discuss the internet of trucking (IoT) which refers to all the connected devices and sensors that are being used in the trucking industry. About Tapan Chaudhari is the Founder and CEO of , a technology firm focused on the trucking industry. Tapan founded TruckX with the goal of bringing transparency, visibility, and efficiency to the trucking industry. Prior to the founding of TruckX, Tapan held leadership positions at several tech start-ups in the San Francisco Bay / Silicon Valley area. Tapan earned a Bachelor of Science in Computer...

info_outline
 
More Episodes

Overcoming Supply Chain Disruptions with Shanna Greathouse and Tony Nichols

Tony Nichols, Shanna Greathouse, and Joe Lynch discuss overcoming supply chain disruptions. Tony and Shanna work at CarrierDirect, a company that specializes in helping companies minimize supply chain risk.

About Tony Nichols

Tony Nichols is a Vice President in CarrierDirect’s Supply Chain Practice. He has over 25 years of experience across all functions of the supply chain and IT in multiple industries including consumer products, life sciences, and industrial manufacturing. Tony earned a Bachelor of Science in Business from Purdue University.

About Shanna Greathouse

Shanna Greathouse is a Senior Business Consultant at CarrierDirect. Shanna has experience in a broad range of industries including oil & gas, health tech, and consumer goods. She has led programs ranging from acquisitions to technology deployment with a strong focus on lean manufacturing and data management. Shanna earned a BA and an MBA from Baldwin Wallace University.

About CarrierDirect

Since 2011 carriers, 3PLs, shippers, and logistics technology vendors have looked to CarrierDirect to deliver the efficiency, strategy, go-to-market plans, and technology that will elevate their business above their competition. CarrierDirect builds organizations and relationships, providing strategy and technology designed to maximize efficiency, reduce cost, and make your business stand out. CarrierDirect advises clients on the elements of their business most vital to success: strategy, organizational structure, compensation, technology, training, recruiting, workflows, processes, and more. CarrierDirect clients include Werner, J.B. Hunt, Covenant, CRST, and FedEx.

Key Takeaways: Overcoming Supply Chain Disruptions

The Causes of Supply Chain Disruptions include:

  • Pandemics like the COVID 19.
  • Natural disasters like forest fires, hurricanes, earthquakes.
  • Socio-political events like trade wars and political upheavals around the world.
  • Rapid changes in consumer buying habits

The Supply Chain Disruptions Include:

  • Manufacturing capacity drops and become less efficient
  • Labor shortages and cost increases.
  • Raw material shortages and cost increases.
  • Financial implications
  • Port congestion
  • Trucking capacity falls and costs increase.
  • Final mile capacity demand increases.

During the podcast interview, Tony and Shanna shared four (4) strategies for avoiding and or minimizing supply chain disruptions

  • Flip the forecasting narrative. During unprecedented times, historical forecasting is not useful.  Consumption-based forecasting and planning, which is demand-driven and based on consumer and customer consumption short-term patterns, is necessary to ensure customer commitments are realized when supply is constrained.  Companies will need to implement solutions that give this data in real-time or in the shortest time possible.
  • New partnership opportunities. Distribution center networks have expanded their footprint to allow for more immediacy in stock pulling and decrease time to the consumer.  Visibility to data allows companies to work with novel partners including non-historically 3PL partners or competitors to change the distribution network to increase target addressable market and improve last-mile capabilities.  More and more companies are looking at building consortiums with other companies to increase capabilities and meet consumer expectations and to be competitive with Amazon and Walmart.
  • Unlock the true costs of goods. By understanding the true costs of goods, both direct and
    indirect expenses including cost of quality, rework, tariffs, expedited air, and safety stock can uncover overlooked sourcing opportunities that enable resilience and flexibility while reducing overall risk.
  • Digital Twin/Sandbox. By creating one unified system, a holistic duplicate system or “Digital Twin”
    can be created to serve as a sandbox for scenario analysis. Running supply chain simulations enable a quantitative approach to assess risk. Resiliency modeling and can address key supply chain issues.
  • CarrierDirect recently published a white paper, Data Transparency that contains additional strategies for assessing risk and overcoming supply chain disruptions.

Learn More: Overcoming Supply Chain Disruptions

Tony Nichols

Shanna Greathouse

Data Transparency - The Foundation of Modern Business

Request a Free Consultation

The Logistics of Logistics Podcast