Navigating Supply Chain and Logistics
SEDCOR's November Industry Insights on November 13th brought together an impressive panel of experts to delve into the complex world of supply chain and logistics. The event featured Stephen Bjorlin of Global Logistics Inc., Jason Flaig of Northwest Distribution and Storage, Inc., Chad Freeman of Lineage, and Mark Weisensee of OpenRoad Global. Their rich discussion spanned challenges, innovations, and future opportunities shaping the logistics landscape.
Key Trends in Logistics and Distribution
- Technological Innovation:
Automation and machine learning are reshaping the logistics industry. Mark Weisensee highlighted the growing sophistication in fraud prevention and auditing systems, while Stephen Bjorlin pointed to advancements like dimensionalized scanning for freight, improving efficiency and accuracy in shipments. - Pandemic-Induced Changes:
The panel agreed that the COVID-19 pandemic has permanently altered consumer habits and supply chain structures. Jason Flaig noted the "post-COVID hangover" in the wine industry, with direct-to-consumer sales declining after a pandemic-era boom. Meanwhile, Chad Freeman observed shifts from "just-in-case" inventory strategies back to leaner "just-in-time" models, driven by inflationary pressures. - Global Uncertainties:
International politics and supply chain disruptions—like the ongoing Red Sea shipping challenges—demand adaptability. Mark Weisensee stressed the need for nimble operations, including exploring nearshoring or reshoring strategies to mitigate risks.
Labor and Workforce Development
Attracting and retaining talent remains a top concern. The panel identified several pressing challenges:
- A driver shortage persists, with Jason Flaig describing difficulties in finding reliable CDL-certified drivers.
- Mark Weisensee emphasized the need to make logistics a more attractive career path for young people, suggesting partnerships with schools to raise awareness of opportunities in the field.
- Chad Freeman highlighted the critical shortage of skilled maintenance technicians for refrigeration systems in warehouses.
Local initiatives like CTEC and collaboration with community colleges are steps SEDCOR could take to address these workforce gaps.
What Keeps Them Up at Night
Cybersecurity and fraud emerged as universal concerns. Panelists shared anecdotes of scams targeting their businesses and emphasized the importance of robust preventative measures. For example, Bjorlin described how freight carriers increasingly encounter fraudulent actors in their day-to-day operations.
Optimism for the Future
Despite challenges, the panelists remain optimistic about the industry’s prospects:
- Technology is unlocking new efficiencies and opportunities. From self-driving trucks on highways to AI-assisted operations, innovation promises to ease many current pain points.
- Growth opportunities abound, with Jason Flaig revealing plans for Northwest Distribution and Storage, Inc. to expand operations to the East Coast, driven by increasing demand for wine and spirits logistics.
November’s Industry Insights underscored how dynamic and interconnected the logistics sector has become. SEDCOR and its partners play a crucial role in fostering collaboration, innovation, and workforce development to navigate this evolving landscape.
As SEDCOR continues its mission to support regional economic growth, events like these provide a platform for leaders to share knowledge and build resilience in the face of change.