





Ist nthe21 century,thesupplychainplaysapivotalrole
inthesuccessofcompaniesacrossindustries.Awelloptimizedsupplychainensuresthatgoodsand servicesflowseamlesslyfromproductiontoconsumption, maximizingefficiency,reducingcosts,andenhancing customersatisfaction.
Withtheadventoftechnologicaladvancements,thesupply chainlandscapehasundergoneasignificanttransformation, introducinginnovativesolutionssuchasreal-timevisibility, data-drivendecision-making,automation,andsustainability initiatives.
Asbusinessescontinuetoexpandgloballyandconsumer expectationsrise,thesignificanceofawell-managedsupply chainbecomesevenmorepronounced.Fromprocurement andproductiontowarehousing,logistics,andlast-mile delivery,eachstepofthesupplychainrequiresmeticulous planningandcoordination.Moreover,supplychainsmust adapttoexternalchallenges,suchasnaturaldisasters, geopoliticalshifts,andglobalpandemics,demonstrating theirresilienceandabilitytorespondswiftlytounforeseen disruptions.
Withthelatestedition,The10MostAcclaimedLeaders inSupplyChain,wedelveintothecrucialrolesupply
chainsplayinshapingmodernbusinessstrategiesand underlinethenecessityofadoptingtechnology-driven solutionstooptimizeefficiency,sustainability,andoverall competitiveness.Embracinginnovativepracticesand constantlyevolvingtomeetchangingmarketdemandsare thekeyingredientsforarobustandsuccessfulsupplychain intoday'sdynamicbusinesslandscape.
-PrashikD.Bombarde
Visualiser Michael Warner
Art & Design Head
Co-designer
Art & Design Assistant
Deepanjali Jeena
Lauren Smith
Sherin Rodricks Business Development Manager
Marketing Manager Jenny jordan
Chelsea Wilson, Edwin Copper Business Development Executives
Technical Head Chris Darcy
Assistant Technical Head
Technical Consultants
Logan Harper, Julie Davis
Sagar Lahigade
Research Analyst Helena Smith
Circulation Manager Finn Wilson
AUGUST, 2023
Company
Featuring Brief Company Featuring Brief Company
Featuring Brief
Corsair Logis cs corsairlog.com
Angus Dustan
Managing Director
Angus Dustan is MD of Corsair Logis cs who currently operate a 28000m2 facility in Jacobs, where they stuff and destuff containers.
CMS Logis cs cmsglobal.com
Franklyn Fernandes Managing Director
Frankly is MD of CMS Logis cs, manufacturers and suppliers of Air filter, Ecology Unit, HVAC ducts, Fire Rated Ducts, Fire Dampers, Grilles and Diffusers.
e-CARGOWARE Ltd e-cargoware.com
Ramesh Darbha
Co-founder and CEO
Ramesh is Co-founder and CEO and has an enriched experience and leading the business world with his technological excellence.
Eric Mailu
Founder
Skyline Global Logis cs skylinegroup.co.za Eric is Founder of Skyline Global Logis cs, a world-class freight forwarder, capable of enhancing and adding value to your business through total supply chain solu ons.
Postaplus postaplus.com
Fares Barqawi
Chairman
Fares Barqawi, Chairman of Posta Plus Group, a pioneer in contemporary logis cs’ solu ons and courier services who turned around Posta Plus from a financially underperforming local company into a leading regional group in the Middle and North Africa.
EY Global ey.com
Larry Phelan
Partner & Chief Supply Chain Services Officer
Larry is authen c, inclusive and inspira onal business enablement leader, focused on innova on and a keen supporter of diverse teams and suppliers.
MGN Logis cs mgnlogis cs.com
Ma hew Telesca Founder & CEO
Ma hew is the Founder and CEO of MGN Logis cs, who offers customers reliable, high-quality services that op mize all facets of logis cs opera ons from parcel audit to analy cs and so much more.
AAA Freight Services LLC aaafrt.com
Mohamed Ashraf
Chairman
Mohamed is the Chairman with a high performance team commi ed to passionately serving customers in various aspects of opera ons.
AFS Logis cs afs.net
Tom Nigh ngale CEO
Driven, growth-oriented, execu ve leader and board member with experience managing global teams and a proven, progressive record of outstanding achievement and strategic growth in highchange situa ons requiring business and commercial skills in large companies as well as start-up companies.
Brisk Logis cs bls.ae
Wajih Baroudi Founder
Experienced freight forwarder with a demonstrated history of working in the logis cs and supply chain industry. Skilled in Opera ons Management, Freight and Procurement. Strong business development professional with a BA focused in Economics.
Procurementorganizationsoftenfocussolelyonthe quantitativevalueoftheirefforts—lowerprices, higherdiscounts,andgreatercostsavings.However, inthepursuitofthosenumbers,theyoftenoverlookthe other,lesstangibleformsofvaluethatcanbefoundinthe procurementprocess.
Whilereducingexpensesisundeniablyimportant,it’s importanttorememberthatvaluecomesinmany differentforms.Infact,someofthemostvaluable contributionsthatprocurementcanmakemaynot beeasilymeasurableinmonetaryvalue.
Forexample,valuecancomeintheformof client,people,socialandfinancial.By carefullyselectingsuppliersand managingrelationships,procurementcan helptoensurethattheorganizationis notvulnerabletosupplychain disruptionsorqualityissues.Thiscan haveasignificantimpactonthe organization’sabilitytodeliver productsandservicestocustomersas wellasitsreputation. Further,witha focusonenvironmental,social,and goverancerequirementssuppliersare challengedtodeliverindifferent ways.
ThisiswhyLarryPhelan,Partner andChiefSupplyChainServices
OfficeratEYGlobalServicesLimited, emphasizesthat “Value comes in many different forms.” Heconsidersthe qualitative,brandaspectsofvalue,suchas customerandsupplierrelationships,how technologycanbeusedtoimproveefficiency, andhowsupplierdiversitycanleadtoincreased innovation.
Consequently,Larrybelievesthatbytakingaholisticview ofvalue,organizationscancreatemorevalueforthewhole. Toensurethis,hehasimplementedanumberofstrategies: creatingacultureoftransparencytohearandrespectall ideasandopinions,investingintraininganddevelopment toensureteammembersareup-to-date;andpracticingagile decision-makingandstrivingtobedata-driven.
Inaddition,theseeffortsareallgearedtowardcreating value.Asanexperiencedtransactionadvisor,professional servicesconsultant,andChiefSupplyChainOfficer,heis connectingEYpeopletoleadingservicesandsuppliersand inspiringhisteamtodriveoperationalexcellence,thereby aimingtopositivelyimpacttheworld’ssupplychainand differentiatetheEYorganizationinthemarket.
Larryisaproudchampionofdiversityandinclusionin teamsandsuppliersandhasreceivednumerousawardsin recognitionofhiscommitmenttothiscause,mostnotably theprestigiousWBENCPlatinumAwardforhis unwaveringsupportofdiverseandwomen-owned businesses.Hisdedicationtoprovidingopportunitiesforall hasbeenlaudedbymany,andhecontinuestostrivefora moreequitableworkplace.
As we delve into his career, let us take a closer look at every step of his remarkable journey. From the highs and lows to the lessons he has learned, get to know the story of this inspiring leader thoroughly!
LarrybeganhiscareeratEYinclientservice,butthrougha seriesoffortunateevents,henowfindshimselfastheChief SupplyChainServices(SCS)Officer EYGlobal for ServicesLimited.ThoughhissuccessinSCSwas unexpected,thekeycomponentsofit-deeplyanalyzing details,trustingindata,andbeingauthenticandtransparent withhisteam-havealwaysbeenhiscorevalues.An unreturnedphonecallbecamethecatalystthatallowed
Larrytotransitionintointernalservicesandultimatelyfind hisnicheattheEYorganization.Consequently,heisnow abletofullyutilizehisvaluesforthebenefitoftheEY teams.
Whileworkinginclientservice,Larryhadaclientwho neededananswertoaspecificquestion.Hereachedoutto thepersonininternalserviceswhomhethoughtcouldhelp; however,unfortunately,hedidnotreceiveareturncall, likelyowingtotheprevalentbeliefatthetimethatinternal serviceswerenotresponsibleformakingmoneyforthe organizationasclientservicewasresponsibleforgenerating revenue,andinsteadeitherjustsavingoravoidingspendon purchases.
However,ashereflected,hewascertainthatinternal servicesatEYcouldaccomplishmuchmoreifonlythe teammembershadabetterunderstandingofthefullscope ofEYservices.Byadoptingtheleadingpractices,mindset, andinnovativesolutionsofaclient-server,itcouldbea “win-win”situationfortheEYorganization.InJuly2009, hisbossaskedhimtodedicatethreemonthstohelpthe internalservicesteamexaminespendingandother prospects;hisbosswascertainthathisexpertisein analyticsandexperienceasaclient-servercouldcontribute tomakingsomevaluableimprovementrecommendations.
Despiteneverreturningtoaclientservicerole,Larryhas maintainedacloseconnectionwithEYconsulting,strategy, andtransactionscapabilities,understandingtheirbreadthof knowledgeandexperiencewouldbevitalindriving change.Afteroveradecade,Larryisstillbringingabout transformationastheChiefSupplyChainServicesOfficer atEYGlobalServicesLimited,alwaysleaningonEY Consulting,Strategy&Transactionsthoughtleadership. Initially,Larrymerelysoughttosupporttheorganizationas bestaspossible,howeverthisledtothecreationofanew career.EmployedintheSupplyChainServices(SCS) operations,Larryidentifiedanopportunitytodevelopthe functionfurther,leveragingittodelivervaluebeyondcost savingsfortheEYorganization.
HowLarryappliedlifetimelessonsandinspiredateam toachievegreatness
Hehadavisionofsuccessandwasdeterminedtounlock thepotentialofinternalservicesandSCSbyassemblinga strongmanagementteamandincorporatingbrandvalue concepts.Heappliedhislifetimelearningsduringthe processandprovedthatachievingsuccesswasnotan overnightfeat.Furthermore,hewaspassionateaboutSCS andinternalservicesandrealizedthatitrequiredinspiring andleadingtheentireteamratherthanworkingalone. Consequently,hewasabletosucceed.
Whenteammembersareunitedandhavemutualtrust, amazingthingscanbeachieved.Tostrengthenhis communicationskills,Larryimplementsthetechniqueof “LunchwithLarry”whereverheisintheworld.During thesemeetings,helistenstohisteamandencouragesthem toinnovatebyworkingoutideasonawhiteboard.Bydoing this,Larrycreatesanenvironmentwhereideasandvisions canbeexchanged,ultimatelyleadingtogreatachievements thatalignwiththeEYoverallpurpose.
TheEYpurposeistobuildabetterworkingworldthrough insightsandqualityservicesthathelpcreatetrustand confidenceinthecapitalmarketsandineconomiesacross theglobe.Theystrivetodevelopoutstandingleaderswho worktogethertofulfilltheirpromisestoallstakeholders, enablingthemtoplayacriticalroleincreatingabetter workingworldfortheirpeople,clients,andcommunities.
Inaworldthat’schangingfasterthanever,theirpurpose actsastheir“NorthStar”,guidingmorethan300,000 peopleintheirworkeveryday.Fromfightingdatapiracyto helpinggovernmentsincash-flowcrises,unlockingnew medicaltreatmentswithdataanalytics,andpursuinghighqualityauditstobuildtrustinfinancialmarketsand business-theyarecommittedtohelpingentrepreneurs, companies,andentirecountriessolvetheirmostpressing
challenges.Withtheirpurposeastheirguidinglight,they strivetomaketheworldabetterplace.
TheEYorganizationhas25regionsacrosstheglobe, rangingfromdevelopedtoemergingmarkets,andemploys morethan600peopleintheirSupplyChainServices(SCS) function,comingfromdiverseculturesandspeaking multiplelanguages.Despitethelogisticalchallengesof maintainingcommunicationandcohesionamongthoseso spreadoutacrosstheworld,Larryfirmlystandsbythe valueofkeepingeveryoneintheSCSteaminformedand uptodate.
Usingengagementtechniquessuchascommunicationand appreciation,Larryisabletokeephisteammotivatedand informedevenduringthepandemicof2020.Having establishedthesepracticesbeforehandallowedhimto continueteambuildingremotelywhilestillbeingableto monitorthephysicalandmentalhealthofhisteam. Consequently,hewasabletomoveforwardwithminimal issuesrelatedtooperatingremotely.
AtEYandspecificallywithinSCS,buildingstrongteamsis akeypartoftheirculture,allowingteammemberstolearn whotheirleadersareandtrustthem,creatingasenseof beliefintheirgoalsasaunit.Thisteam-buildingprocess requiresamindsetoflifelonglearningandawillingnessto sharetheknowledgegained,despitesomepeoplefeeling threatenedbythisideaoftransparency
Sharingwhatyouhavelearnedinthepastandarestill learningtodaywithyourteammembersisthebestwayto makethemostofyourknowledgeandexperience.Doingso fosterstrustandsuccessamongthemembersoftheteam, whichimprovesoverallperformance.Thisleveloftrustand successisnotachievedovernightandneedstimeandeffort tobuild.Therefore,itisimportanttobeopenandhonest withyourcolleaguesandtoinvesttimeintherelationship.
Itmayseemdauntingtothinkaboutinvestingyearsinto thistypeofprocess.However,whatyouwilldiscoveris thatfollowingthismethodtoachieveprofessionalgrowth isextremelyencouraging.Thejourneyistherewarding part,andsuccessissimplytheinevitableresult.
Asafunctionheadinalarge organization,itisessentialtoensure thatyourteam’sworkstandsoutin termsofqualityandimpact. Doingsowillhelpyoutogain theattentionandappreciation ofseniorexecutiveswhile alsohelpingtomakeyour functionindispensable. However,itcanbe challengingtoachieve thisinanenvironment whereallfunctionsare competingfor recognitionand resources.By investingtimeand effortindevelopinga clearstrategyand ensuringthatyour team’sworkisofthe highestquality,youwill bewell-placedtomake yourfunctionindispensable andpropelthebusiness forward.
Throughtheirdedicationand hardwork,LarryandtheEY SupplyChainServices(SCS) teamhaveachievedremarkable success.Ithasbeenalongjourney, howevertheireffortshavebeenwellrewarded-board-levelexecutiveshave
cometorecognizetheimportanceofSCSinbetter understandingthecompany’sfutureandenablingits growth.Consequently,EYConsultingandStrategyand Transactions’clientserviceshavebeeninstrumentalinthis success.
Convincingthoseattheboardlevelabouttheimportance ofone’sjobrequiresconstantcommunicationinorderto raiseawarenessofwhatonedoes.Thiswasespecially thecasefortheroleofSCSattheEYorganizationin 2009,whichwasthenknownasProcurementand wasseenasrelativelyinsignificantbyexecutives. Fortunately,thishasimprovedovertheyears, nevertheless,itisstillimportanttocontinue communicatingone’svaluetotheboardlevel.
Foryears,businesseshavebeencontentwith thetraditional“buyingprinters”and“buying paper”approachtosavemoney,however inefficientlyandwithlittlethoughttothe procurementprocess.However,thishas changed,andbusinessesarenow increasinglyawareoftheimportanceof takingamorestrategicapproachto procurement,withaServiceChainSystem (SCS)functionbeingimplementedinstead. Thisteamhadtodemonstratewhythisnew approachwasbetterthanthe“procurement” modelthathadbeeninplacefordecadesand, insodoing,raiseawarenessofthepotentialof SCSforimprovedprocurement.Thus,by adoptingamorestrategicapproach,businessescan savemoneyandensureamoreefficientprocurement process.
EYteamsneededtodemonstratethevalueofthe proposedchangestotheirbusiness.Todothis,they employeddataanalyticstobackuptheirproposalsandheld conversationafterconversationtodrivehomethepoints theyweremaking.Althoughitmaysounddaunting,this
strategyprovedsuccessful,andtheSCSfunctionattheEY organizationistestimonytothis.
Gettingapprovalforanymajorchangescanbeadaunting task,especiallyifexecutivesareresistanttochange.For SCSattheEYorganization,thereisaneedtoberelentless intheireffortsbyusingdataanalyticstouncovertrendsthat couldbenefitthebusinessandthenpresenttheirdatabackedproposalstotheboardlevel.Whileenthusiasmwas necessary,theideashadtobeaccompaniedbyreliabledata tobesuccessful,andtheyhadtobepreparedtoface criticismandrejectionswithouttakingthemtoopersonally
Despiteresistancefromsomeboardmembers,Larryhas beenrelentlessinhispursuitofsuccess,providingdataand factstobackuphisworkanddemonstratingitspositive impactonthecompany’soverallperformance.Evenwhen officialsarenotinterestedintheSCS,Larrystillmakessure tokeeptheminformedoftheirprogress,allowingthemto appreciatehowtheireffortsarecontributingtothe organization.Thisapproachhasworkedsowelloverthe pastdecadethatLarrynowsitsonaglobalservicegroup consistingof125EYtopleaders,givinghimfurtherideas tointegrateintotheirplans.Assuch,hisrelentlessattitude hasbeeninvaluableinhelpingtheSCSfunctionachieveits goals.
Changingpeople’smindsetsisoneofthemostchallenging aspectsofbringingaboutbusinesschange;however,itis essential.ThiswasexemplifiedattheEYorganizationin 2009whenSCSneededtoshiftstrategically,andexecutives hadtobeconvincedattheboardlevelusingdataandfacts thatthechangewasnecessaryandnotjusttosavemoney Moreover,itwasimportanttoemphasizethatSCSchange shouldalsoinvolvesolidifyingthesupplychainsothatif onesupplierhasgeopoliticalissues,thereareotheroptions readytogo.
Inordertoachievesuccess,theyhadtostartbydigginginto thedatafrom2009andunderstandinghowmuchtheywere spendingwithsuppliersandthelengthofthecontractsin place.Althoughthedatawasavailable,itwasn’torganized inawaythatcouldbeeasilyused.Bybringingmultiple dimensionstothedata,theywereabletobeginmaking accuratepredictionsabouttheorganization’sgrowth,thus enablingthemtobesuccessful.Consequently,organizing thedatawasacrucialstepintheirsuccess.
TheSCSteamoftheEYorganizationachievedan incrediblefeatwhentheycreatedacomprehensivesupply chainstrategythatunifiedandstrengthenedtheorganization asawhole.Thiswasevidencedbytheirsuccessinreal estatemanagementforthe800officesworldwide,byusing datatoidentifythemostsuitablepropertiesatreasonable pricesandsavingtheorganizationagreatsumofmoney whilesimultaneouslypromotingtheirbrand.Their accomplishmentswerefar-reachingandimmensely beneficial.Initially,executivesfeltthefacilitiesmanagement piecewastoomuchfortheteam,butwiththeprogress madeoveracoupleofyearsandthecloserelationship betweenthetwo,theywerereadytotakeonthechallenge. Thisispartofanongoingprocessofreinventionanda testamenttotheteam’ssuccess.
Undoubtedly,theSCSteamhasalonglegacyofdriving change,andtheirhardworkisclearlypayingoff;other functionsnowtrustthemandrelyontheirdataanalyticsto makeinformeddecisions.Takingadvantageofthis,they havedemonstratedtheirvaluetotheboardlevel,providing regularreportsandtrackingthedirectionoftheEY organization.Thiscreatesacycleofimprovement,where theireffortsarecontinuallyrewarded,thusleadingto ongoingsuccess.
Furthermore,theystrivetocontinuouslyreinventhowthey dothingsfromanSCSlevel,lookingforwaystoimprove theprocessandexpandwhatthey’redoing.
Withthisinmind,executivesattheboardlevelarenever allowedtofeellikethey’ve“fixed”theSCSprocessand
cangobacktoignoringit,asSCSteammembersstriveto bringanewstorytothemwithimprovementsasoftenas possible.
TheEYorganizationrequiresthatallfunctions,eventhose thatdonotdirectlygeneraterevenue,beofinvaluable supporttothefunctionsthatDOmakemoney.Inparticular, theSCSteamneedstofocusonimprovingspeedtomarket sothattheEYorganizationcanserveitsclientswithout delay.Ifadelayarisesduetothelackofapieceofsoftware neededtoproperlyservetheclients,thiscouldleadtoaloss oftheclient’sbusiness.Therefore,SCSneedtoensurethat allfunctionsareprovidedasquicklyaspossibleinorderto maximizethechancesofretainingtheclients’business.
TheSCSteam’smainobjectiveistoassessthepresentstate ofthebusinessandforeseeitspotentialgrowthareas. Additionally,theymustascertainwhethertheirinfrastructure canmanagesuchgrowth.Crucially,theymustalsoconsider theEYteam’srequirementsforsoftwaresothattheycan acquireitintime;otherwise,thebusinesscouldpotentially besetbackbyseveralmonths.Thisistheprimaryvalueof theirrole,andtheimportanceoftheirjobcannotbe overstated.
WithinSCS,theymakeuseofmultipledatapointsto collectdataandmeasurethespeedtomarketforprojects. Furthermore,theycanusethisdatatoassesstheir performance-bothintermsofmeetingdeadlinesand deliveringbetterresultsinthefuture.Consequently,they areabletocreatebrandvaluebyendeavoringtoimprove speedtomarket,mitigateriskandoptimizetheirtechnique, thusresultinginabetterbrandvalueforthebusiness. Usingdataanalyticsasyourbuildingblocks,youcan translateanyaspectofthebusinesstogaininsightintoits currentpositionandbegintopredictthenextstepsthe businessshouldtake.LeveragetheexpertiseofEY Consulting,Strategy&Transactionstoguideyour predictionsandtrackwhichonescometofruition.
Doingsonotonlystrengthensyouraccuracyinpredicting futurestepsbutalsoprovidesvaluableinsightintothe business.
TheSCSattheEYorganizationhaschangedsignificantly overtheyears;however,thereareorganizationswhoseSCS functionshaveremainedlargelythesameforadecadeor more.Whenspeakingwithexecutivesinsimilarpositions, theyunderstandthegeneralideasbehindtheprocess; howeverdesiretofast-forwardtothelevelthattheSCS teamattheEYorganizationiscurrentlyoperatingat.It’s importanttoremember,though,thatreachingtheendstate doesn’tjusthappenovernight;itrequireshardworkand dedicationtodevelopthebestmethodsandprocesses. Consequently,itcannotbeachievedbysimplysnapping one’sfingers.
Attheboardlevel,itisimportantforthemtowitnessthe processinactionandtoobservehowcredibilityis developedovertimetogaintheirtrustintheprocess.This willleadtothedesiredoutcome.Themethodsusedbythe SCScanbeimplementedinotherfunctionswithintheEY organizationandwillhelptomakethefunctionanessential partoftheorganization.Itisnecessarytomakesurethat otherfunctionsareawareofthefunctionandtrustthe techniquesusedsothattheboardcanrecognizeitsstrategic value,evenifitappearstobeatransactionalfunctionat firstglance.
Theglobalizationofmarketshasbroughttheworld’s businessescloserthaneverbefore.Businessesare thrivingbyhavingseveralmediumsandoptionsto sourcetherequiredmaterialsandlogisticsfromalloverthe world.Rawmaterialsandotheressentialresourcescannow beexportedandimportedtoandfromanycornerofthe worldwiththehelpoflogisticspartners.
Logisticsandsupplymanagementbusinessesarethe backbonesofglobalmarkets.Findingatrustablelogistics partnerisimportantforbusinessestohaveasustainable solutiononalong-termbasis.
Thesourcedmaterialcanbeofanytype,shape,andsize.To handleitsafelyandshipittotheintendedlocationrequires alogisticsfirmthathastheexpertise.Theessential equipment,systems,andexpertteamshouldalsobein placetocarryoutthetaskwiththeutmostcare.
OnesuchfirmisAAAFreightServicesLLC.Ithas establisheditselfasagloballytrustedlogisticspartnerfor years.Thecompanyofferslogisticsservicesforbusinesses ineverycorneroftheworld.Itoffersavariedrangeof solutions,includinglogistics,removals,projectforwarding, warehousing,anddistribution.
Establishedin2006,AAAFreightServicesisledby MohammadAshraf,theChairman,withahighperformanceteamcommittedtopassionatelyserving customersinvariousaspectsofoperations.Itisanintegratedlogisticsproviderspecializedinawiderangeof warehousing,transportation,andsupplychainmanagement solutions.
Itnowhasa23,000-square-meterstate-of-the-artwarehousingfacilityforChemicalandGeneralcargodesignedfor
The AAA management possesses solid background backed by the key team comprising of Aijaz, Aizaz and Aifaz who handles different verticals in the business along with many other dedicated staff.
storagefacilityofhazardousgoodswhichcaterstoawide segmentofthemarket.Thecompany’sheadquartersarein Dubai-UAE,withofficesinJAFZAandAbuDhabi.
Thecompanyprovidescustomizedservicesinthe followingareas:
FreightForwarding
AAAFreightServicesisarenownedcompanyfor deliveringhigh-qualityroadtransport,sea,andairfreight services,aswellasprovidingfullyintegratedwarehousing,logistics,andfulfillmentsolutionsfortheB2B,B2C, ande-commercesectors.
AAA’sFreightsolutionsoffertheflexibilitytomeeta varietyoftransitrequirementswhileallowingtomanage transportationcostseffectively Theteamprovides professionalhandlingservicesforseafreight(less-thancontainerandfull-containerloads),heavyloads,and transportationofhazardousgoods,aswellasspecial solutionsforautomotive,fashion,healthcare,andfood, thusprovidingdoortodoorservices.
Asalargevolumehandler,thecompanyisinapositionto offercustomersextremelycompetitivefreightratesacross multiplelocations.Withitsstrongteamofinternational alliances,itaimstobetheone-stopserviceproviderto ensureeffectiveandpracticalsolutionstotailorcustomer requirements.
AAAFreightServicesexcelsinprovidingchemicalstorage, warehousing,andlogisticsservices,leveragingthe experienceinstoringandhandlingflammableand hazardouschemicals. Qualityandefficiencyarethebywordsforeveryaspectofitsoperations.
Advancedsafety,environmentalprotection,qualitycontrol systems,andstrictadherencetoindustrystandardsand regulationsensureuncompromisingsafetyandquality. AAAFreighthandlesthefullrangeofchemicals,including flammable,corrosive,toxic,andtemperature-sensitive products.Thecompany’sgoalistoharmonizeitsservices withcustomers’specificationsinsuchawaythatthey obtainthemaximumvalue-addedbenefits.
Utilizingitsindustryexperienceinthissector,AAAisable toprovideanextensivesupplychainsolutionforseveral industriesfortemperature-controlledstoragesolutionsfor BeverageLogistics.Itsspecializedservice,including pickingandpacking,meetsawiderangeofcustomer requirements.CustomerspartnerwithAAAFreight Servicesforalltheirdistributionandwarehousingneedsin ordertoreducecostswhilemaximizingefficiency.
Asasupplychainspecialist,ithandlestheinbound clearance,storage,anddistributionforitsrespective customers.Thecompanyisreckonedinthemarketto providededicatedwarehousingandfulfillmentservicesfor customersseekingacustomizedfacilitytailoredtotheir specificneeds.
AAAFreightprovideslogisticssupportthatincludesheavyliftandout-of-gaugecargomovementsforcapitalprojects, oilandgasprojects,andmarineservices.Thehighlytrained teamdevelopsrouteplans,costmodeling,andprojectsupporttoolsvitaltocustomerswithcomplexmovements thatrequirecarefulstaging,sequencing,andcoordination.
AAAProjectLogisticsisexperiencedindelivering equipmentandsupplies,bulkorpackagedgoods,and heavy-lifttransportaspercustomerdemands,whichis solelybytheteam’scommitment,flexibility,andexperience.
Theservicesofferedvaryfromfullcharter/partcharter, Multi-ModalTransport,specialequipmenttransport, backedbytheFreightnegotiationskillsandadministrative support(customclearanceandtradedocumentation) extendedbytheAAAteam.
IntermsofOil&GasLogistics,thesupportextendedby theAAAteamisdrawnbycorecompetenciesinthesupply chain,offshore,andagencyservicescomplementedbya portfolioofintegratedshipping,logistics,andmarine solutions.
AAA’spackingdivisionprovidesbespokesolutions, listeningtocustomerrequirementsanddesigningthe packingtothespecificneeds.AAAFreightServicesis engagedinprovidingpackingandcratingofpre-shipment goodsforbothindustrialandcommercial,fordifferent modesoftransportationbyAir,Sea,andLand.
Thecompanydeliversonitspromiseswithday-to-day activitiesthatrepresentvalueformoney,quality,continuity, innovation,andmaximumreach,offeringservicesin August, 2023 www.insightssuccess.com
specializedmaterialshandlingservices,surfacetransportation,pipe/yardmanagement,lashingandsecuringservices, warehousing,and(project)cargomanagement.
Thecompanyisbackedupbyanimpeccabletrackrecordin thelocalmarket.Itsreputationforreliability,integrity, efficiency,andeffectivenesshasbeenwellrecognizedby clients.AAA’steampossessessolidexperienceinvarious aspectsoflogistics.Itssolutionsareflexibleandcustomizedinordertoeasilyfulfillitsclients’requirements.
AAAhasevolvedintoasophisticatedenterprisebyderiving strengthfromitsdisciplinedandhighlyefficientteam.The AAAmanagementpossessessolidbackgroundbackedby thekeyteamcomprisingofAijaz,AizazandAifazwho handledifferentverticalsinthebusinessalongwithmany otherdedicatedstaff.Itisguidedbyadistinctvisionanda goal-orientedmission.Itsteamboastsin-depthmarket knowledgeandadeepunderstandingoflogistics&supply chainmanagement.Theysustainanintensefocuson customerandserviceexcellence.
AAA’svisionistoprovidesecure,practical,intelligent,and durablelogisticsandsupplychainmanagementsolutions forthebenefitofalltypesofbusinesses.Itaimstobethe
pioneerintheWarehousingandLogisticsindustryand evolveintoadistinctglobalplayerandcontributeexponentiallytothegrowthanddevelopmentoftheindustry.
Thecompany’smissionistoelevateitsexcellencelevelto world-classbycontinuouslyenhancingitsfacilitiesand offeringsuperior,innovativewarehouseandlogistics solutions.ItfocusesondeliveringdependableandreasonablypricedLogisticsandSupplyChainManagement solutionstomaximizecustomervalue.
Toaccomplishitsmission,thecompanyfollowsbelow steps-
1.Deployssmarttechnologies
2.Adaptsthebestpractices
3.Adheretothehigheststandardofethics
4.Continuallyintegratetheprinciplesofexcellence
Engagingforimpactfollowedbyadaptingproactivelyto changesgivesAAAtheresultofdeliveringreliably The companyisplanningtofurtherexpanditsservicesboth locallyandinternationally
Onthelocalfront,ICAD-AbuDhabiandDubaiSouth (DWC)-Dubaiarethetwolocationsthatareintendedtobe builtin2022and2023.Whereasontheglobalfront,itis lookingattheopeningofficeintheUnitedKingdomand Uzbekistan,whicharecurrentlyintheinitialstageof establishment.
Intoday'sglobalizedandfast-pacedbusiness environment,supplychainefficiencyisacrucialfactor thatcanmakeorbreakacompany'ssuccess.Awelloptimizedsupplychainensuresthatgoodsandservices reachcustomersontime,minimizecosts,reduceswaste, andenhancesoverallproductivity.Oneofthemost promisingtechnologiesthatcanrevolutionizesupplychain managementisArtificialIntelligence(AI).AI'sanalytical prominenceempowersbusinessestomakedata-driven decisions,predictdemandpatterns,streamlineprocesses, andimproveoverallefficiency
Further, we will explore how AI is transforming the supply chain landscape and leading the way to enhanced analytical prominence:
AI-drivenpredictiveanalyticsisrevolutionizingtheway companiesforecastdemand.Traditionalmethodsof demandforecastingreliedonhistoricaldataandoftenfailed toaccountfordynamicmarketchanges.AIalgorithms,such asmachinelearning,cananalyzevastdatasets,considering variousfactorssuchasconsumerbehavior,weather patterns,economictrends,andevensocialmedia sentiments.Byleveragingtheseinsights,businessescan makemoreaccuratepredictionsaboutfuturedemand, enablingthemtooptimizeinventorylevelsandminimize overstockingorstockouts.
Inventorymanagementisacriticalaspectofsupplychain efficiency.Maintainingoptimalinventorylevelsisa
delicatebalancingact,asexcessinventorytiesupcapital, whileinsufficientinventorycanresultinmissedsales opportunities.AI-poweredinventorymanagementsystems cancontinuouslymonitorstocklevels,trackconsumption patterns,andautomaticallyplaceorderswhensuppliesrun low Thesereal-timeinsightspreventstockoutsand overstocksituations,resultinginimprovedworkingcapital utilizationandreducedcarryingcosts.
AIandautomationgohandinhand,andtheirintegration intosupplychainprocessescansignificantlyenhance efficiency.Repetitiveandtime-consumingtaskssuchas orderprocessing,invoicing,anddataentrycanbe automated,reducingthelikelihoodofhumanerrorsand expeditingtheoverallprocess.Furthermore,AIcan optimizerouteplanningforlogistics,choosingthemost efficientpathsandtransportationmodes,leadingtoreduced deliverytimesandlowertransportationexpenses.
Maintaininghigh-qualitystandardsisessentialtoensure customersatisfactionandloyalty.AI-poweredquality controlsystemscananalyzedatafromvariousstagesofthe supplychaintoidentifypotentialissuesordefects.For instance,machinevisionsystemscaninspectproductsfor defectsinrealtime,ensuringthatonlytop-qualityitemsare shippedtocustomers.Thisnotonlyreducesthechancesof productrecallandcustomercomplaintsbutalsoenhances thebrand'sreputation.
Arobustsupplychainreliesonstrongrelationshipswith suppliers.AIcanplayapivotalroleinoptimizingsupplier relationshipmanagementbyanalyzingsupplierdata, performancemetrics,andfeedbackfromvarioussources. Withthisinformation,businessescanidentifyreliable suppliers,negotiatebettercontracts,andmitigaterisks associatedwithsupplychaindisruptions.Additionally,AI canmonitorsupplierperformanceandprovideearly warningsforpotentialissues,enablingproactiveactionsto avoiddelaysorqualityproblems.
Traditionalproductionplanningwasoftenbasedonlongtermforecasts,whichcouldresultineitheroverproduction orunderproduction.AI-drivendemand-drivenproduction
takesintoaccountreal-timedemanddataandadjusts productionschedulesaccordingly.Thisapproachensures thatmanufacturersproducewhatisneededwhenitis needed,reducingexcessinventoryandassociatedcarrying costs.Asaresult,companiescanrespondmoreswiftlyto changesincustomerpreferencesandmarketdemands.
Asenvironmentalconcernsbecomemorecriticalfor consumersandregulatorsalike,supplychainsustainability isgainingprominence.AIcanhelpbusinessesoptimize theirsupplychainroutesandtransportation,reducing carbonemissionsandenvironmentalimpact.Additionally, AI-drivenanalyticscanidentifyopportunitiesforwaste reductionandenergyconservationthroughoutthesupply chain,aligningwiththecompany'ssustainabilitygoals.
Conclusion
TheintegrationofAIintosupplychainmanagementbrings analyticalprominencetodecision-makingprocesses, empoweringbusinessestomakemoreinformedanddatadrivenchoices.Frompredictivedemandanalysistosupply chainautomation,AItechnologiesarerevolutionizing supplychainefficiencyandstreamliningoperations.By harnessingthepowerofAI,businessescanstayaheadof thecompetition,respondquicklytomarketchanges, minimizecosts,enhancecustomersatisfaction,and ultimatelydrivesustainablegrowthintoday'shighly competitivebusinesslandscape.EmbracingAI'sanalytical prominenceisnolongeraluxurybutastrategicnecessity forcompaniesseekingtooptimizetheirsupplychain efficiencyandsecurelong-termsuccess.
- A. K. TaradeAmajorfactorthatdecidesanorganization'ssuccess todayisitssupplychainmanagementstrategy.Its logisticsandtransportationnetworkinparticular canmakeorbreakabusiness,affectingcustomerservice levelagreementsandreal-timedeliverytracking.
Nomatterhowpreparedanorganizationis,minorormajor logisticschallengesareboundtooccurwiththedynamic natureofbusiness.Ifnotdealtwithproperly,those challengesmightcauseasubstantialfinancialloss.Many companiescollaboratewithanexperiencedlogisticsservice providertoreducecomplications,andminimizeorreclaim lossesinvolvedinsupplyingtheirproducttothemarket.
AFSLogisticsisathird-partylogistics(3PL)provider, knownforitsextensiveexperienceandexpertisein optimizinglogisticsspendandoperationswithtransparency andautonomy Theymanagesomeofthemostessential partsoftheshippinglifecyclefortheirclients,including shipmentexecution,tracking,invoiceaudit,payment, analytics,claimsandmoretounlockhiddenvalue.
AFS'sseasonedleader,TomNightingale(CEO),andhis motivatedandhighlyskilledworkforcehelpclientsachieve theirlogisticsobjectivesandproactivelysolveproblems beforetheyariseusingdata-drivenprocessesandbest-inclasstechnology
Let's explore AFS's history, services and their journey to become the most reliable logistics solution for their clients.
AFSisanon-asset-based,non-asset-biased3PL headquarteredinShreveport,Louisiana.FoundedbyBrian Barkerin1982,AFScelebratesits40thanniversarythis yearandcontinuestoevolvebyassemblingthebestpeople, processesandtechnologytoequipclientsforsuccessina changingmarketplace.
While our roots are in FAP, we now offer a wide range of technology-driven logistics services that account for nearly $11 billion in transportation spending annually.
Overthepastfourdecades,the3PLhasgrowntobecomea top3PLintheU.S.andCanada.Ithasbuiltarosterofover 1,800clients,achievinganaverageclienttenureofalmost 12years,andgeneratingmorethan$183millionintotal annualclientsavings.
With22acquisitionsinits40-yearhistory,theorganization recentlyacquiredaToronto-basedfreightauditand payment(FAP)company,resultinginAFSbecomingthe new,largestFAPcompanyinCanada.
"While our roots are in FAP, we now offer a wide range of data-driven logistics services that account for nearly $11 billion in transportation spending annually,"saysthe company'sexecutiveteam.
Today,AFSauditsallmodesoftransportation,provides LTLandparcelcostmanagementandtransportation management,includingfreightbrokerageandfreight forwardingandofferscustomizedanalyticalsolutionsas well.
DataisthefoundationofwhatAFSoffers.Themoredata itsdatascientistshave,themoreAFScanhelpcustomers reducewaste,drivedownrisk,increasethepredictabilityof pricingandimproveservicelevels.Dataandtechnologyare
criticaltoolsforadaptingtovarious supplychainshocks,andAFSnotes thatquickresponsetimesanddatadrivenalternativesarepartof providingaseamlessexperienceforits customers.
OneexampleisLTLcongestion.Asthe industryfacestruckingcapacity challenges,therecanbesituations wherecarriersreachcapacityand provideverylatenotice,sometimes leavingcustomerstofindanalternative solutioninjustonebusinessday To adapt,shippersmusthaveaccessto alternativesolutionsincludingapool ofadditional,pre-vettedcarriersorin somecasesadifferentmodeentirely.
DataenablesAFStoconfidently providenewoptionswithcomparable serviceandcost,ultimately empoweringclientstopivotquickly andkeeptheirbusinessmoving.But AFSusesdataformorethanjust solvingclientchallenges,theyalso haveadata-richpredictivetoolthat providesusefulfreightindustry insightsatnoadditionalcost.
AFSsays,“On a broader level, we leverage data from the over $11 billion in freight spend we manage to provide market-wide insights. Our team works with Cowen, a leading full-service investment bank to produce a quarterly freight index that not only provides historical insights but leverages machine learning algorithms to offer a forward-looking perspective on where the freight market is headed.”
Supplychaindisruptionhasbeena commontopic,fromthefiveo'clock newstolate-nightTVdebates.
Twomainfactorshaveprepared companieswellforthis,andAFShas beenatthecenterofboth:
Tom Nigh ngale, CEO of AFS, is dedicated to service leadership. Over ten years ago, Tom founded Upgrade Soldiers, a non-profit group that encourages and inspires others to thank the defense services personnel through acts of kindness.
Tom also currently serves on the boards of several organiza ons, including Syracuse University's Franklin Supply Chain Advisory Board, CSCMP, and formerly the Warehouse Educa on Research Council and Women in Trucking.
Prior to AFS, Tom served as President and CEO of Interna onal Package Shipping and its opera ng companies. Tom also held different leadership roles at GENCO (now FedEx Supply Chain), ModusLink, Con-way Inc. (now XPO) and Schneider Na onal.
Tom has over 25 years of leadership experience and brings a clear vision and unifying force to AFS.
"AFS has been a long-term ally and valued asset within our overall logis cs opera ons. AFS con nually demonstrates its commitment to our success. They work with our team toward common goals and have enabled us to focus on our core business rather than ge ng buried in the micro-management of carriers, claims and invoices. We know AFS always has our back!”
teamnegotiatedacontractthatcreateda14%reductionin overallparcelspendfortheirclient.
WhenaskedaboutthefuturescalingplansforAFS,CEO TomNightingalerespondedbysaying,“It is an interesting time in our industry. You have 3PLs like us at the nexus of all this chaos, helping customers respond quickly.”
Headds,“AFS has a legacy of innovation, and our approach is to continue to build out our suite of core services (FAP, LTL, Parcel, Transportation Management) on that foundation of data.”
"AFS has become part of the Mann Lake team. My staff can go directly to them, they op mize our processes and take work off our plate so we can focus on our core business.”
Theflexibilityofthatmodeliskey–notlimitedtoassets thatyouown,andyoucanusedatatorespondquicklyand ensurethatthesolutionsbroughttocustomershavenobias towardownedassetsandmatchthesituationathand.Itis aboutbeingabletorespondpromptlyandofferaseamless experiencetocustomers.
OneofAFS'sretailclientsreliedonthesamecarrierto delivermostoftheirparcelsforover20years.However, duringtheCOVID-19pandemic,serviceissuesbeganto arisewhenonlineshoppingincreasedandshippingcapacity waslimited.
Inthissituation,AFShelpedtheretailerswitchtoanother carrierwithcompetitivepricing–offeringthechanceto addressserviceandcapacityissues.Moreover,theAFS
Tomhasextensiveexperienceinthelogisticsindustry.The expertiseathislevelcanprovetobeinsightfulfora buddingentrepreneur Whenaskedwhathewouldwantto saytothoseaspiringtoentertheindustry,hesays,“Develop a service-driven mindset. Be eager to serve your team as a leader or subject matter expert and serve your clients by meeting their needs and exceeding their expectations.”
Award: Who's Who in Logis cs 3PL
Source: Armstrong and Associates
Year: 2021
Product or service: Overall 3PL service
Award: AFS staff member honored as part of "Women to watch"
Year: 2021
Other
Award: Top Companies for Women to Work for in Transporta on
Source: Women in Trucking Associa on
Year: 2021
1.Data,and 2.Amodelthatisnon-asset-basedandnon-assetbiased. - Bo Ricke s, Director of Opera ons, Cavender's. - Shana Rowle e, CFO, Mann Lake Bee & Ag SupplyTechnologyhasbeenplayingaverysignificantrole inhumanupliftment.Beitsurpassingthewar crisis,enablingtheaccessoftheeasternhorizonto thewest,orthetransgressingage-oldproblemswithfutureproofsolutions,thetechnologicalinnovationshave surprisedtheworld.
Usheringwiththisunderstanding,thebusinesscommunity hasalwaysbeenscoutingclosetsthatconsistofproblems andareyetunresolved.Encounteringthebusinesschallenge becomesthefirst.Thesecondistoencompassallthe stakeholdersoftheproblemandfacilitatethemwitha solutionthatnotonlysatisfiesthedemandingurgeofthe businesscommunitybutalsoadvancestechnological supportwhileenhancingtheuserexperiencetoo.Asafinal hammertotechnologicalexcellenceinthelogisticsspace, businesseshaveusheredwithERPplatformenablingquick andeasyoperations.
Today,cloud-basedsystemsareintegratingtheAir Logisticsindustrywhilefacilitatingaseamlessexperience. Onesuchlogisticscompanydrivingthetransformative wheelintheaircargosegmentise-CARGOWARE.
SpearheadingthistransformationisMr.RameshDarbha. HeistheCo-founderandCEOofthecompanyandhasan enrichedexperienceandleadingthebusinessworldwithhis technologicalexcellence.
Let’sdiveintotheinterviewwhereRameshshedslighton thee-CARGOWARE’skeyofferingsandhisbusiness acumenthatledthecompanytoachieveitsdesiredsuccess.
Below are the interview highlights:
Pleasebriefouraudienceaboutyourcompany,itsUSPs, andhowitiscurrentlypositionedasoneofthemost reliablecompaniesinthelogisticsspace.
e-CARGOWAREhelpsAirlines,handlers,andsalesagents todigitizetheircargooperationsusingourcloud-based FR8Manage-ERPplatformandsuiteofFR8Apps.
We plug the gap between the smaller and larger players by providing a scalable digital platform that is costeffective for our customers to compete with the large players and are doing our part by creating a level playing ield for the small and medium-size air cargo service providers to compete with superior digital solutions and process thus moving our industry towards a less fragmented market
Ourplatformiseasytouseandisdashboarddriventhus significantlyreducingthetrainingcostsforourusers.
Aircargoisafragmentedindustrywithlargeplayers offeringa‘seamlessend-to-endintegrationandvisibility acrossthesupplychain’withahugefinancialbackingto investinITSystemswhilstthesmallerplayersrelyon legacytechnologysolutions.
Weplugthegapbetweenthesmallerandlargerplayersby providingascalabledigitalplatformthatiscost-effective forourcustomerstocompetewiththelargeplayersandare doingourpartbycreatingalevelplayingfieldforthesmall andmedium-sizeaircargoserviceproviderstocompete withsuperiordigitalsolutionsandprocessthusmovingour industrytowardsalessfragmentedmarket.
Shedsomelightonyourofferingsandhowtheyimpact theindustryandyourclients?
AtthecoreofourofferingisFR8Manage–a comprehensivecargoERPplatformforAirlines,Airports (CargoHandlers),andGeneralsalesagents.It’sintuitive andeasytouseandisinuseatseverallocationsgloballyto managetheircargooperations.FR8Managehelpsour customerstoreducerepeatactivitiesandincreasetheir productivity.
OurFR8Apps–Suiteofproductsisdesignedtoexpandthe digitalofferingofourcustomersandseamlesslyintegrates withanycargoERPplatforms.Someofthekeyproductsin thissuiteinclude:
FR8Quote:AnArtificialIntelligence/NLP-basedemail plugintoautomateanddigitallytransformthequotation dialoguebetweenAirlinesandForwarders.Itexpedites quoterequeststhusimprovingtheproductivityofSalesstaff andslowlyconvertstheinteractionbetweenforwardersand airlinestoonlineplatforms.
FR8BookingPlatform:Aself-serviceonlineSales platformforForwarderstocompareandbookairfreight shipmentswithourcustomers.
Whatarethecorevaluesuponwhichyourcompanyis built?
Weareafirmbelieverthateverybusinessisuniqueno matterhowsimilartheirproductofferingiscomparedto theircompetitors.Weworkwithourcustomerstoprovidea solutionthatisspecificfortheirbusiness,andwetendto partnerwithourcustomerstofunctionastheirextended technologypartner
Pleasebriefusaboutthefeaturedperson’s(s)journeyin theindustryandhowtheyhavecontributedtothe company’ssuccess.
FeaturedPersons:Mr.RameshDarbha&Mr.Arun Singh
Co-founders–ArunandRameshhavestartedthecompany withavisiontoofferacost-effectivedigitalERPplatform andFR8toolspoweredbyAItotheAirfreightindustry. Theyplayanactiveandhands-onroleindefiningthe productvisionandtechpositioningoftheplatform.
Withdeeptechnologyanddomainexperience,Rameshis August, 2023
hands-on,involvedinallaspectsofthebusiness,andis responsibleforleadership,strategy,andexecution.Whilst ArunwithseveraldecadesexperienceintheAirLogistics domainisresponsiblefordevelopingkeycommercial relationshipsandalsoprovidesoverallproductstrategyand guidance.
Beinganexperiencedleader,shareyouropiniononhow theadoptionofmoderntechnologieshasimpactedthe logisticsindustryandhowisyourcompanyridingthe technologywave?
TheAirLogisticsindustrywasoftenconsideredless glamorousunderthebellyoperationsofanAirlinewhilst thepassengersideisclassier.However,duringapandemic whentheglobaltravelcametohaltandairlineswere strugglingtostayafloatitwastheAirlogisticsthat’skept theairlinesoperatingandisnowattheforefrontof digitalization,andAircargo[logistics]isoneofthekey growthdriversforanairlinetoremaincompetitive.
e-CARGOWAREwasborninthecloudandweconstantly innovateandstayaheadofourcompetition.Inaddition,we beinganindependent,agile,andinnovativedigitalpartner, itwasanobviouschoiceforourcustomerstoselectusas theirtechnologypartnerfortheircurrentandfutureneeds
asthelogisticsindustrycontinuestoembracedigitization. Whatwouldbeyouradvicetobuddingentrepreneurs whoaspiretoventureintothelogisticsspace?
Logisticsisthebackboneofworldtradeandoneofthe largestemployershowevertheindustryisstillconsidereda laggardinadoptingnewtechnologies.Ifyouhavea genuineinterestinmakingadifferencetoworldtradeand haveabeliefinyourself,itisnowthetimetoventureinto thisspaceandneverlookback.
Howdoyouenvisionscalingyourorganization’s operationsandofferingsin2022andbeyond?
Withincreasedfocusonthelogistics,specificallyintheAir Logisticsmarket,asoneofthepreferreddigitalplatform providersintheindustry,weareexpectingsignificant growthin2022andbeyond.Tosupportourgrowthstrategy, weareexpandingourcustomersuccessteam.Wearealso investinginR&Dtohelpourcustomersavailthe advancementsofAI&MLtostreamlinetheiroperational processesandimprovetheproductivityoftheirstaff.
Intherapidlyevolvingworldofbusiness,technology hasbecomeadrivingforcebehindtransformative changesacrossindustries.Onesectorwhere technology'simpactisparticularlyevidentissupplychain management.Traditionalsupplychains,oncemarkedby manualprocessesandlimitedvisibility,havegivenwayto modern,tech-drivensupplychainsthatareagile,efficient, andresponsive.
In this article, we will explore the profound impact of technology on modern supply chains, tracing the tech trails that have revolutionized the way goods and services move from production to consumption:
Oneofthemostsignificantadvancementstechnologyhas broughttosupplychainsisreal-timevisibility Throughthe integrationofInternetofThings(IoT)devices,RFIDtags, andadvancedtrackingsystems,companiescannow monitortheirproducts'journeyateverystage.Thisrealtimedataenablesbusinessestopinpointpotential bottlenecks,anticipatedelays,andoptimizeroutes, resultinginimproveddeliverytimesandoverallefficiency
Gonearethedaysofrelyingsolelyongutinstinctsand historicaldatafordecision-making.Today,technology empowerssupplychainmanagerstomakedata-driven decisions.WiththehelpofbigdataanalyticsandArtificial Intelligence(AI),companiescananalyzemassivevolumes ofdatatogainvaluableinsightsintocustomerbehavior, demandpatterns,andmarkettrends.Armedwiththis
information,businessescanproactivelyadjusttheir strategiestomeetchangingdemandsandstayaheadofthe competition.
Automationhasrevolutionizedvariousaspectsofthe supplychain,fromwarehouseoperationstoorder processing.Roboticsandautonomoussystemscanhandle repetitivetaskswithspeedandprecision,reducinghuman errorandenhancingoverallproductivity Automated warehouses,equippedwithroboticpickersandpackers,can processordersatamuchfasterpace,significantlyreducing orderfulfillmenttimes.
Blockchaintechnologyhasemergedasagame-changerin supplychainmanagement,providingunprecedented transparencyandsecurity.Withadecentralizedand immutableledger,businessescantracetheentirejourneyof aproduct,fromitsorigintotheendconsumer.Thislevelof traceabilitynotonlyhelpsinqualitycontrolandcompliance butalsobuildstrustamongconsumers,astheycanverify theauthenticityofproductsandethicalsourcingpractices.
Predictingfuturedemandaccuratelyisacriticalaspectof supplychainoptimization.Technologyhasenabled companiestoleveragepredictiveanalytics,machine learningalgorithms,andhistoricaldatatoforecastdemand patternswithhigheraccuracy Thishelpsbusinessesplan theirinventorylevels,productionschedules,andlogistics
moreefficiently,reducingtheriskofstockoutsor overstocking.
Technologyhasbridgedthegapbetweendifferent stakeholdersinthesupplychain,fosteringbetter communicationandcollaboration.Cloud-basedplatforms andcollaborativetoolsallowsuppliers,manufacturers, distributors,andretailerstosharereal-timeinformation, coordinateefforts,andaddressissuespromptly This seamlesscollaborationstreamlinestheflowofgoodsand ensuresthateveryoneinthesupplychainisonthesame page.
Last-miledeliveryhasalwaysbeenasignificantchallenge insupplychainmanagement.However,technologyis makingitmoremanageablethroughinnovativesolutions suchasdeliverydronesandautonomousvehicles.These technologiespromisetoexpeditelast-miledelivery,reduce deliverycosts,andofferamoreeco-friendlyapproachto logistics.
Withgrowingenvironmentalawareness,modernsupply chainsareincreasinglyadoptingsustainablepractices. Technologyplaysacrucialroleinachievingthesegreen initiatives.Fromrouteoptimizationtoenergy-efficient warehouses,technology-enabledsolutionshelpminimize thecarbonfootprintofsupplychains,contributingtoa moresustainableandeco-friendlyfuture.
Conclusion
Theimpactoftechnologyonmodernsupplychainsis undeniable.Fromreal-timevisibilityanddata-driven decision-makingtoautomation,blockchain,andpredictive analytics,technologyhastransformedthesupplychain landscape,makingitmoreefficient,agile,andsustainable. Astechnologycontinuestoadvance,wecanexpecteven moredisruptiveinnovationsinsupplychainmanagement, furtheroptimizingoperationsanddrivingbusinessestoward afutureofincreasedcompetitivenessandcustomer satisfaction.Embracingthesetechtrailswillbecrucialfor companiesseekingtostayaheadinanever-evolvingglobal marketplace.
- P. D. BombardeToday’sfreightmarketisultracompetitive,and ‘survivalofthefittest’istheresoundingmantra. Withconsumersallovertheworlddemanding greatervarietiesinproductsatthecheapestcostspossible, companiesarescramblingtobolstertheirsupplychainsand fulfillthe‘all-important’customer
Meanwhile,drivershortages,capacityimbalances,governmentregulations,andnow,theongoingpandemicare addingpressuretoalreadystrainedsupplychainsand continuestoimpacttransportationalcosts.Thisiswhy manyorganizationsareturningtoManagedTransportation Servicesproviderstohelpaddressthesechallenges. Unfortunately,veryoften,subparprovidersareprevalentin themarketandoperatewithoff-the-shelftechnology,failing tosupportorganizationsagainsttheircompetition.
Companieswanttoobtaincapacityatbelow-marketpricing whilestillprovidingexcellentservice.Theywanttoknow wheretheirproductisandwhetherornotloadswillbe deliveredon-scheduleandon-time.
Fortunately,thereisaleadingManagedTransportation Servicescompanythathasbeenthetechnologybackboneof manyofthelargest3PLsformanyyears.Beinganearly pioneerofweb-basedtransportationsolutions,MGN Logistics,Inc.,hascateredtomanyorganizationsallover theworld. Thislogisticsjuggernaut’sinnovativeand proprietaryManagedTransportationSoftware(MTS), continuestooutpacetheircompetitors.
Originallylaunchedasafullyautomated,onlinefreight marketplacecalled‘logisticsquote.com’in2000,after exponentialusergrowth,thewebsitewassoldtoagroupof
MGN Logistics’ state-of-the-art, the next-gen platform offers seamless integration into existing Enterprise Resource Planning (ERP) and Warehouse Management Systems (WMS) or can be implemented as a stand-alone solution.
privateequityinvestorsin2004.Buildinguponthe company’searlysuccess,in2007,MGNacquiredaBostonbasedfreightmanagementcompanyandlaunchedanew MTSplatform.
Withafocusonnextgenerationtechnology,thecompany continuedtodevelopadvancedtransportationmodules, whichincludedpredictivepricing,extensivevisualization metrics,andintelligenttransportationrouting,which outpacedallmajorplayersinthespace.By2009,the companyhadofficesinPhiladelphia,Boston,andOrlando toassistwiththegrowingdemand.
Thenin2013,thecompanyopenedanofficeinSantiago, DominicanRepublictohandlethegrowinginternational needs.2014,thecompanycontinueditsexpansionand acquiredanichetruckloadbrokerageinNewJersey,andin thefollowingyear,madeanotherstrategicacquisitionofa tech-heavyChicago-baseddigitalbrokeragewithaunique proprietarytruckloadpricingapp.
Again,in2018,thecompanyacquiredoneoftheleading parcelauditingandmanagementfirmsinthecountry.Last
year,MGNmadeitsmostrecentacquisitionofaCaliforniabasednichelogisticsfirm.
Today,MGNoperatesremotelywithofficesinPennsylvania,NewJersey,Massachusetts,Florida,California,the DominicanRepublic,andPuertoRico.
MGN’scloud-basedplatformsupportsallmodesof transportation,includingtruckload,LTL,ocean,air,rail, intermodal,andparcel,providingcustomerswitha powerfulyeteasy-to-use,singlesolutionfortheirentire supplychain.MGNLogistics’state-of-the-art,next-gen platformoffersseamlessintegrationintoexistingEnterprise ResourcePlanning(ERP)andWarehouseManagement Systems(WMS)orcanbeimplementedasastand-alone solution.
Theservicesincludemodeandcarrierselection,rate optimization,automatedtrackingandtracing,including GPS,freightbillauditing,andpayment,businessintelligenceandutilizestheindustriesonlyblockchainand artificialintelligencemanagedMTSsupportedby sophisticatedanalyticaltoolsusingmachinelearning. MGNprovidesthehighestlevelofconsultingexperience coupledwithtechnologytoimplementbestpractices, compliance,andauditingtomaximizeallavailable opportunitiesforimprovement.
MGN’scorevaluesarebasedontechnology,innovation, anddedication.TheserepresentMGN’scorestrengthsand guidingprinciples.MGNlookstotechnologytosolvethe problemsthatexistinthetransportationandlogisticsspace.
Thecompanyexemplifieslookingbeyondcurrently availabletechnologyandcontinuestoinnovatenew conceptsandsolutionsthathavenotpreviouslybeen appliedtothesupplychain.
Andallofthisisdonebyadedicatedteamoftechnology andlogisticsexperts.Ateamnotonlydedicatedtosolutions buttoprovidingclientswiththebestexperiencepossible.
Similartoeverythingelsetoday,technologyhasdramaticallyimprovedtheresultsofpriorgenerations.Simpletasks todaythatareautomaticallyformulatedorfullycompleted
wereoncedonemanuallyandbyhand,consuming significanttimedelays,exacerbatinginefficiencies,and creatingroadblockstogreatersuccess.
Thelogisticsspaceoverallhasbeenslowtoadoptsomeof thesechanges.Aperfectexamplewouldbetheindustries clingingtoEDItechnologyratherthanadoptingmore diverse,flexible,andpowerfulprotocolsofcommunication.
MGNhasalwaysbeenattheforefrontofinnovatingand haspushedforwardwithmoresophisticatedsolutions,even whenitwasaloneinimplementingthem.Thisnextgenerationtechnologyapproachhasallowedthecompany tostaywellaheadofthetechnologycurveandbecomethe industries’premierMTSprovider.
InaninterviewwithInsightsSuccessmagazine,the FounderandCEOofMGNLogistics,MatthewTelesca,
Ma hew Telesca is the Founder and CEO of MGN Logis cs. Telesca is a serial entrepreneur and successful businessman, having sold his first logis cs business to a private equity group in his late twen es. A er early success, Telesca focused on building MGN Logis cs to be one of the supply chain industry’s premier technology companies.
Telesca’s background in finance and logis cs management, as well as so ware development, posi oned him perfectly to lead an industry that was only in its infancy with technological developments in the late 1990s and early 2000s.
wasaskedifhewouldliketosharesomeadvicetothe buddingentrepreneurswhowouldliketoventureintothe logisticsindustry. Hesaid-“Everyonewantstobesuccessful,andyet,forthemajority,successisveryelusive.Asan entrepreneur,youneedgritanddiscipline,aswellasthe abilitytogetrightbackupwhenyoufail.‘Younevertruly failunlessyoustoptrying’,aquotefromAlbertEinstein,I liveby.”
“Myadvicetobuddingentrepreneurswouldbetobe preparedtoworkaboveandbeyondeveryoneelse.Bethe firstoneintheoffice,thelastonetoleaveandbewillingto dowhateveryoneelseonlytalksaboutdoing.Beprepared tofail;failurecomeswithsuccess,andsuccesscomesfrom hardwork,”addedtheinspiringCEO.
WhileMGNhasmaintainedphysicalofficesthroughoutthe pandemic,nearlyallitsemployeesworkremotely.Sincethe companyhasbeencloud-basedfromearlyon,thetransition toremoteworkwasrelativelyeasyandstraightforward.
ForMGNcustomersthetransitionwasseamlessaswell, withveryfewevenrecognizingthatMGNLogisticshad switchedtoacompletelyremoteworkenvironment. “Tothisday,weremainfullycommittedtothesafetyofour employeesandcontinuetoremainworkingremotely,” commentedtheastutefounder-MatthewTelesca.
MGNLogisticshasmadenumerousstrategicacquisitions, includingthemostrecentin2021.Asix-timerecipientof Inc. magazine’sprestigiousrecognitionasoneofthe country’sfastestgrowingprivatecompanies,MGNhas continueditsexplosivegrowththroughvariasacquisitions andorganicgrowth.Thisinspiringcompanypromisesto continuelookingformoreacquisitionopportunities.