Hot off the press: JBF Freight Transportation Bulletin March 2020.
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Operations and Supply Chain Disruption
COVID-19 is giving the world an unwanted crash course in supply chain management. Before the pandemic, supply chain professionals quietly and competently went about their business. Their work, largely unnoticed by the general public, has resulted in the creation of global supply chains that provide consumers unprecedented access to low cost, high-quality products from markets around the world.
However, we are about to see what happens when hyper-efficient, lean supply chains built on the premises of predictable demand, high supplier fill rates, consistent manufacturing production rates, and unconstrained transportation capacity are all challenged.
JBF Consulting wishes that you and your loved ones remain safe and healthy in these unsettling times. This article from PWC provides pointers to help with that on what to do in these times.
A Primer on Supply Chain Design (SCD)
The purpose of this article is to provide a brief overview of the practice and will serve as a foundation for future articles that will tackle specific aspects in greater detail.
Supply chain design, sometimes referred to as network design or network modeling, is a well-accepted decision support tool used by many companies… continue reading
Is the Tesla Semi a Game Changer in Long Haul Trucking?
Tesla has announced that their long-awaited, electric-powered “Semi” will be made available to some customers as early as the second half of this year. Why would anyone buy a conventional diesel Class 8 Tractor anymore? Well, lots of reasons…continue reading
Detail Design of a TMS Implementation
I spent this past week sequestered in a windowless conference room hashing out the detail design of a TMS implementation for a large industrial goods manufacturer. From a process perspective, my most important lesson is…continue reading
10 Ways to Lower Diesel Fuel Expenses for Trucking Companies
Commentary by Mike Mulqueen
A recent Freightwaves article caught our attention: “Top 10 ways to lower diesel fuel expenses for trucking companies” As noted in the article, driver behavior seems to be the biggest factor in fuel usage. That said, I am somewhat skeptical about the use of speed governors, as they increase the number of truck/car interactions, which correlate to higher accident rates.
I would also love to get FreightWave’s perspective on fuel hedging as a risk mitigation approach. Given FreightWaves seems to be leading the charge in Freight Futures, perhaps using derivative instruments to reduct a shipper’s exposure to fuel volatility would be an interesting next step? Click here to read the full article.
Using Transport Instead of BTL for Load Building
by Brad Forester
Our team was tasked to design and implement a solution for a client that would drive Load Building functionality with Recommended Shipments from Fulfillment. Through a detailed analysis, we ended up… continue reading
Upcoming Industry Events
As the COVID-19 outbreak spreads, tech conferences are being canceled, postponed, or turned into virtual events.
|Postponed until 2021
Descartes: Evolution 2020
Ft. Lauderdale, FL
|June 16 – 18
Supply Chain USA
|May 4 – 7
JDC ICON 2020
Will now be Virtual
|Aug 23 – 26
In.Sight User Conference 2020
|May 6 – 7
FreightWaves Live ATL
|Sep 8 – 11
Supply Chain Insights 2030 Summit
|May 11 -14
Gartner Supply Chain Symposium
|Sep 20 – 23
CSCMP edge 2020
|May 18 -21
Las Vegas, NV
|Sep 28 – 30
PARCEL Forum 2020
A Word From Our Sponsor
Global economics, freight markets and technological innovation all impact your supply chains and logistics operations.
To keep our clients informed, JBF Consulting team sources content from leading industry analysts as well as provide our own take on our primary area of expertise, namely logistics technology. If you have a topic or question you’d like us to cover in future issues, drop us an email or call us at 203-807-5231.
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Disclaimer: This newsletter is being provided to the reader as a general overview of current market conditions and contains information compiled by JBF Consulting from a variety of sources.
This newsletter is provided solely for general informational purposes and is not intended to be, nor should it be construed by the reader as, specific advice or a solution tailored to a particular company or client.
Before acting on any information, you should consider the appropriateness of the information provided to your company’s circumstances and it is recommended that you seek independent advice if you have questions specific to your own objectives.
JBF Consulting makes no representation or warranty as to the accuracy or completeness of the information contained herein and shall have no liability for any representations (expressed or implied) regarding information contained in, or omitted from, this newsletter.