The growing understanding that how a company's supply chain performs can have a direct and measurable impact on the company's financial performance on Bay Street or Wall Street is one of the most impo...
The growing understanding that how a company’s supply chain performs can have a direct and measurable impact on the company’s financial performance on Bay Street or Wall Street is one of the most important developments in management strategy today and transportation suppliers have a definite role to play, editorial director Lou Smyrlis told members of CITT (Canadian Institute of Traffic and Transportation) gathered for their annual conference in London, Ont.
Smyrlis was asked to chair the conference’s lead panel, which examined the connections between supply chain performance and financial performance.
“Supply chain management is a team game,” Smyrlis told the well-attended conference in explaining the need for greater communication between buyers of transportation and logistics services and their suppliers.
The panel included Douglas Harrison, CITT, president of Acklands Grainger Inc. and chair of the board for Livingston International; David Newman, vice president, analyst, transportation & consumer products for National Bank Financial; Kevin Hendricks, professor of operations management, for the Richard Ivey School of Business, University of Western Ontario, Peter Luit, president and CEO for Livingston International; and Michael Joseph Thomas, vice president HBC Logistics for Hudson’s Bay Company.
Transportation Media Research, our inhouse research group, has just wrapped up another key research project for 2006: the second annual Transportation Buying Trends Survey.
The research, which includes the participation of more than 700 shippers across Canada, examines shipment volume, rate and surcharge trends by mode.
Editorial director Lou Smyrlis will soon embark on a cross-Canada speaking tour to outline the survey’s highlights. The research follows on the heels of the completion of two highly detailed reports on Equipment Buying Trends for carriers and owner/operators completed earlier this fall.
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