The RFP isn’t broken. Your process is! In this webinar moderated by Marney Edwards of Loadsmart, industry experts Rush Feldhacker of Metafora and Dennis Heppner of JBF Consulting discuss why the annual RFP is going extinct.
“Few shippers, tech vendors, or implementation partners have all the tools and skills to build an addition to your “logistics house.”
Unlike user conferences put on by competing supply chain suite providers, the Oracle Transportation and Global Trade Management Special Interest Group (OTM-SIG) 3-day event solely focuses on transportation management and global trade. Given my primary role at JBF Consulting is to evaluate and recommend TMS solutions for our customers, the main stage presentation given by Oracle Sr. Director of Strategy, Dr. Srini Rajagopal was most relevant to me. In this session, Dr. Rajagopal laid out Oracle’s short to mid-term strategic investment areas. Here are the 5 most interesting roadmap items as well as my perspective on their usefulness for a transportation operation.
This Forbes article on the transportation management system integration market presents a 360-degree review of freight transportation software technologies from the TMS vendor, systems integrator, and customer perspective. Great read!
Check out this lively conversation with Joe Lynch and Michael Wolf, JBF Client Engagement Director, on this latest episode of the Logistics of Logistics Podcast. They discuss why freight tech fails and what can be done to improve the situation.
“Blue Yonder has the best pedigree of any supply chain company as it pertains to math based, predictive decision making.”
“The old way of doing business, where a carrier has to commit to providing capacity (on a lane) for an entire year is not working anymore. There is a need for a nimble, continuous bidding process.” says Mike Mulqueen quoted in today’s Forbes article ‘Freight Truck Shortages Are Changing The Face Of Logistics’ by Steve Banker.
“The annual carrier RFP event may not be dead yet, but the old way of securing rates and capacity is certainly going the way of the buggy whip.”
“Despite superb planning and execution of the implementation, there are some ‘typical’ attitudes and issues that shippers have to deal with post-implementation.”
“The ‘burning platform’ is the key to drive the motivation needed to embark on a successful change journey.”
