Beating Inflation by Leveraging Supply Chain Costs as a Competitive Advantage
Massive supply chain disruptions over the past few years have spurred many organizations to rethink their transportation strategy. This has led to an increase in the use of private fleet transportation, as companies look to gain control and de-risk their supply chain for inevitable future disruptions.
This Special Report, published in SupplyChainBrain, featuring insights from Mathew Witte (CEO, ORTEC Americas) and Mike Mulqueen (Partner and Strategy Practice Lead, JBF Consulting), explores how companies can beat inflation by leveraging supply chain costs as a competitive advantage.
Mike discusses the need for companies to focus on what’s controllable as part of a cost absorption strategy rather than fixating on fluctuating metrics (i.e. cost per mile). He also explored the advantage fleet operators have when they are able to gain efficiency and absorb costs in times of inflation.
You can read the entire piece here.
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About the Author
Mike Mulqueen is the Executive Principal of Strategy & Innovation at JBF Consulting. Mike is a leading expert in logistics solutions with over 30 years managing, designing and implementing freight transport technology. His functional expertise is in Multi-modal Transportation Management, Supply Chain Visibility, and Transportation Modeling. Mike earned his master’s degree in engineering and logistics from MIT and BS in business and marketing from University of Maryland.
About JBF Consulting
Since 2003, we’ve been helping shippers of all sizes and across many industries select, implement and squeeze as much value as possible out of their logistics systems. We speak your language — not consultant-speak – and we get to know you. Our leadership team has over 100 years of logistics and TMS implementation experience. Because we operate in a niche — we’re not all things to all people — our team members have a very specialized skill set: logistics operations experience + transportation technology + communication and problem-solving skills + a bunch of other cool stuff.
