The Impact of Technology on Logistics from CSCMP | Episode 37

Keeping up with technological trends is crucial in shipping for enhancing efficiency, reducing costs and meeting customer expectations. These advancements enable companies to quickly adapt to changes, ensuring they remain competitive in a dynamic market. The latest episode of Banyan Technology’s Tire Tracks® podcast features an in-depth discussion on the transformative impact of technology on logistics, with insights straight from the Council of Supply Chain Management Professionals’ (CSCMP) 35th Annual State of Logistics Report.

In episode 37, Mark Baxa, CEO of CSCMP, returns to Tire Tracks to share his expertise on how technological advancements like AI, machine learning and network optimization are reshaping the logistics landscape. This year’s report highlights the growing importance of these technologies and how they are set to influence the future of supply chains globally

“We’re seeing a shift towards future-focused strategies, where technology plays a pivotal role in optimizing logistics operations,” said Baxa. “From sustainability to real-time data tracking, the report provides a roadmap for logistics professionals looking to navigate the challenges ahead.”

CSCMP Episode Key Points

  • CEO Mark Baxa walks us through CSCMP’s 35th Annual State of Logistics Report.
  • How CSCMP’s approach to data has changed since last year’s report, and why.
  • A look at nuanced data changes and dynamics that have a huge impact but may go unnoticed.
  • Unpacking the generational handover that is currently at play in supply chain management.
  • The role of technology in logistics and where AI fits in.
  • Building resilience and preparing for disasters like Hurricane Katrina, COVID-19, and war.
  • Mark explains what surprised him the most in this year’s report.
  • Mark’s view on the future of logistics.
  • How to find the report, and more on CSCMP EDGE 2024.

“[CSCMP’s 35th Annual State of Logistics Report] is very rich. It’s not necessarily the gospel of logistics, but it definitely is a time-and-place of logistics that every supply chain professional should have their hands on.” — Mark Baxa [0:04:54]

“We all face these challenges [but] we have to be prepared – sometimes stuff happens.” — Mark Baxa [0:13:08]

“In the logistics sector, technology can be used in so many different ways than perhaps you’ve ever imagined.” — Mark Baxa [0:17:05]

“Every business is different, every network is a different design, and there is no one solution that fits everybody. But in essence, what statisticians need to think about is their various scenarios and how they would respond for their particular business.” — Mark Baxa [0:27:03]

“Despite all the disruption, what comes out of this report is not necessarily an element of surprise; it’s the element of resilience in logistics and our ability to respond despite all of these factors. There is a version of hope that comes through this because we will persevere.” — Mark Baxa [0:31:02]

Learn how CSCMP’s insights can help you leverage technology to build resilience and drive efficiency in your logistics operations. Click above to view Tire Tracks Episode 37.

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