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Invata Intralogistics Discusses the Triple Threat Facing Supply Chain Managers with Mark Solomon
Invata today released the third in a series of expert videos from noted industry experts. The interview highlights key transportation challenges faced by supply chain managers.
In this segment, DC Velocity Senior Editor Mark Solomon examines the triple threat facing transportation and supply chain managers. While transportation and logistics play an enormous role in meeting customer service goals – and are a critical factor in operating a lean organization – oftentimes the transportation factor and its potential risks are overlooked. Mr. Solomon highlights the triple threat risk drivers supply chain professionals are dealing with: volatile fuel costs, shortage of available trucks and new hours of service regulations.
He also posits that if demand for freight increases, freight rates will again skyrocket over the next two to three years. Though we have already seen an 8-9% increase this year and will possibly see as much as a 15-17% increase in 2012, Mr. Solomon suggests that the best strategy to work around cost pressures is simply to have a better relationship with your carrier.
To hear more insights, view the full video at: http://invata.com/
About Invata (www.invata.com)
Invata Intralogistics is a global provider of supply chain network optimization, facilities automation, software, controls, implementation and support, with a unique value proposition:
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Invata is a global provider of supply chain network optimization, facilities automation, software, controls, implementation and support that results in a leaner, more profitable organization.