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INDUSTRY INVESTS IN SUPPLY CHAIN MANAGEMENT STUDIES … AND ITS FUTURE

supply chain

INDUSTRY INVESTS IN SUPPLY CHAIN MANAGEMENT STUDIES … AND ITS FUTURE

To get an idea of how important a supply chain management education has become to the industry, remember the words of “Deep Throat” to Bob Woodward, the then-young Washington Post reporter investigating the Watergate break-in.

“Follow the money.”

Let’s start with the $25,000 pledge that Gebrüder Weiss USA, a global freight forwarder with a core business of overland transport, air, and sea freight and logistics, made in November to Rutgers University Foundation to encourage diversity and ease financial burdens for students studying supply chain management (SCM). 

The gift supports the creation of the Gebrüder Weiss Supply Chain Leadership Scholarship for five years, through the academic year of 2024-2025. Full-time undergraduate students enrolled at Rutgers Business School, which is part of Rutgers University, the State University of New Jersey, may apply for the scholarship by submitting the university-approved financial aid form.

Each year through 2024, two students studying supply chain will be selected as recipients of the scholarship, which aims to increase diversity by assisting underrepresented-minority students who are in the Rutgers School of Business. Based on the availability of funds, awards may be renewed for up to three years (or four years if the student is enrolled in a five-year program) at the discretion of the dean of the Rutgers Business School.

“This scholarship money will help make it possible for underrepresented students to attend Rutgers Business School, to study the field of supply chain management, and to consider many possible career paths,” says Lei Lei, dean of the Rutgers Business School. “We strive to promote diversity and inclusion across all of the academic programs within Rutgers Business School. The ability of companies like Gebrüder Weiss to create scholarships for underrepresented students helps us to achieve that and strengthens our efforts to cultivate professionals and leaders for the future business world.”

“At Gebrüder Weiss, we believe our words are only as strong as our actions,” explains Mark McCullough, CEO of Gebrüder Weiss USA, which is a division of the family owned Austrian company that is the oldest logistics and transportation company in the world. “As our leadership team in the U.S. contemplated what we could do to create meaningful change in the racial landscape of the supply chain and logistics industry in America, we knew education was one of the answers. 

“We’ve had a great relationship with Rutgers for many years. They welcomed the idea of creating a new Supply Chain Leadership Scholarship in the Business School to support our diversity initiative. We are thrilled to provide scholarship funds for undergraduate students studying supply chain management at Rutgers and hope our investment supports the growth of a more dynamic and diverse workforce in the future.”

Another Supply Chain Giant Steps Up

North American rail giant CN announced on Dec. 1 it would give $500,000 (Canadian) to renew its commitment to support research and education programs at the Centre for Supply Chain Management in the Lazaridis School of Business and Economics at Wilfrid Laurier University. 

CN donated the same amount to the school in Waterloo, Ontario, Canada, in 2015, and over the past years the rail company has worked closely with the Centre for Supply Chain Management to support student internships and a cooperative education program that has undergraduates putting their education into practice as “CN Fellows.” 

Events of the past year made extending the relationship with the school more important than ever, says Keith Reardon, CN’s senior vice president, Consumer Product Supply Chain. 

“The COVID-19 pandemic has brought the subject of strong and reliable supply chains to the forefront of public interest and discussion,” he explains. “As a critical part in many of the supply chains that North Americans rely on, CN is committed to developing Canada’s expertise in the increasingly important field of supply chain management by deepening our great partnership with Wilfrid Laurier University.”

“It’s a privilege to partner with CN, a strong Canadian company whose commitment has strengthened our supply chain management activities,” says Micheál Kelly, dean of the Lazaridis School. “This generous donation will allow us to continue to enhance our research, outreach and education, ensuring our graduates hit the ground running with the skills needed for today’s complex environment that requires adaptable, resilient and flexible supply chains.”

Programs for Those Already in the Workforce, Too

Every year, CN, Laurier University and the Milton Chamber of Commerce present the World Class Supply Chain Conference, which targets students as well as professionals already in the field with industry experts and speakers from all over the world. 

Milton, which is about halfway between Waterloo and Toronto, “has become a center for supply chain and logistics,” says Scott McCammon, president and CEO of the Milton Chamber of Commerce. “The summit is an important forum for learning how opportunities in the field can be leveraged, and challenges overcome.”

The fifth annual summit, with the theme “Vision 2030: SCM for a New Decade,” was canceled due to COVID-19, so a virtual event is now scheduled for May 5.

The global pandemic is also on the mind of Yossi Sheffi, the Elisha Gray II Professor of Engineering Systems at the Massachusetts Institute of Technology and Director of MIT’s Center for Transportation & Logistics, a world leader in supply chain management education and research.

A recipient of the Council of Supply Chain Management Professionals’ Distinguished Service Award, Sheffi is scheduled to present a Jan. 21 webinar on supply chains in a post-pandemic world. Hosted by the Coalition of New England Companies for Trade (CONECT), the webinar is based on Sheffi’s most-recent book, The New (Ab)Normal: Reshaping Business and Supply Chain Strategy Beyond Covid-19. An audience Q&A is part of the presentation. (Go to www.conect.org/event/sheffiwebinar for more details.)

Supply chain management students and professionals from the pharma side should also check out webinar recordings from Pharma Logistics IQ:

-The Pharma Supply Chain After COVID-19 

-Mapping Data Utilization to Transform Global Supply Chains 

-Reducing Waste and Eliminating Temperature Excursions in Your Supply Chain.

Go to pharmalogisticsiq.com for more details.

CN Celebrates “Nation Builder Award” & 100th Anniversary

Canada’s largest nonprofit supply chain association, SCMA, honored CN this week with the “Nation’s Builder Award” at the SCMA National Conference and Fellow Awards Gala at Le Sheraton Hotel in Montreal. The recognition serves as the first for the leading company, responsible for transporting more than C$250 billion worth of goods each year across its 20,000 route-miles throughout Canada and parts of America.

“The 100th anniversary of SCMA served as the catalyst for this award, but the selection of CN was guided by the company’s unrivaled legacy of economic and innovative contributions to building Canada’s supply chain infrastructure,” said Christian Buhagiar, President and CEO, SCMA. “As beautiful as our country is, the variety of terrains and population density pose unique challenges for the safe, secure movement and tracking of goods and raw materials. Without leading edge infrastructure, the integrity of Canada’s supply chains is compromised and Canada’s positioning in global trade is at risk. CN has and continues to provide the investments and leadership needed to ensure that Canada is recognized for having one of the safest supply chains in the world.”

“On behalf of all CN railroaders, I am honoured to have CN recognized with the SCMA’s Nation Builder Award,” said JJ Ruest, President and CEO, CN. “As with SCMA, this year marks our centennial, and while we are proud of the company’s heritage, our focus is on the future of the supply chain and how we can play an active role in moving Canada’s natural resources and our customers’ goods to market safely and efficiently. We are focusing on investing in infrastructure, technology and solutions to increase our role in Canadian supply chain and across our international markets.”

Source: CN

Global Supply Chain Logistics: An Expert Perspective

From automation to careful planning, implementing a successful logistics strategy goes beyond simply choosing the next big name in technology platforms. When done the right way, robust logistics strategies have the ability to create a life-long customer network while extending company values and reputation, as seen with CN – a leader in North American Transportation and Logistics. The company boasts an impressive 20,000 route-miles rail network in Canada and the U.S. Led by a vision that goes beyond North American parameters, the team continuously works towards building an internationally recognized company that values commitment to customers while delivering the highest quality value to shareholders. Through CN’s multidimensional approach, the company prides itself on fully integrated services that connect ports on three coasts.
Senior Vice-President of Consumer Product Supply Chain Growth Keith Reardon explains what sets CN apart from the others, identifying key differentiators found within the company’s operations.
“Number one is for us as a key differentiator is our scope and scale, our network. We are blessed to have the network that we do,” Reardon said. “We are the only railroad that covers all three coasts of North America, all the way from Halifax to Prince Rupert, Vancouver down to the Gulf Coast.”
The company boasts an extensive century-long history of providing customers, shareholders, employees, and partners with the highest quality supply chain services, setting the bar higher with each successful initiative and expanding its network through proactive efforts, rather than last-minute reactive measures.
“Because we saw it very early on, we’ve been involved in having people and boots on the ground in Asia for years. One of the things that we pride ourselves on is listening to our customers, having boots on the ground whether there’s an issue or opportunity. We go first hand to find out what’s going on,” Reardon explains.
CN attributes much of its success to proactively learning about market potential at a granular level, vetting problems and areas of improvement while building valuable relationships with key executives in and around the industry, and finding value in diversification. Beyond understanding regional opportunities, CN creates an example of gauging market predictions on a short-term and long-term scale, developing a strong competitive advantage in the industry.
“That’s why we have people positioned in Asia to understand the market, to understand the players, and gain some credibility as well. I think that if you’re doing business with people face-to-face, you’re going to get more out of it, you’re going to have a better relationship when things might not be going so well. There’s going to be that relationship to hang on to, to weather the storm so to speak, and we’ve been able to do that,” added Reardon. “I think that’s another reason our global trade is doing so well, because we’ve been able to weather the storm. It also gives us a very diverse portfolio of business.”
In addition to its extensive market reach and developing robust industry relationships, CN takes efforts one step further by partnering with companies that provide added value and resources that align with their vision and future business goals. In October 2018, CN announcedit had agreed to acquire of one of the largest and oldest transportation companies in Canada, The TransX Group of Companies.
“This strategic acquisition allows CN to deepen its supply chain focus, strengthening our exceptional franchise, including our intermodal business, notably in the specialized, fast-growing refrigerated segment,” commented president and chief executive officer of CN, JJ Ruest. “This alignment creates a solid framework to serve a growing consumer economy with transportation options that bring more supply chain flexibility to our customers.”
This acquisition, which is pending regulatory approval, provides a multidimensional benefit to the company and its customers, supporting one of the key differentiators found within the CN business model of valuing customers just as much as the company’s success. CN executives recognized the added value and talent TransX offered and carefully considered how much impact these elements would bring to each business initiative. The acquisition idea comes from an extensive business relationship CN and TransX created spanning more than two decades.
“We are acquiring talent. They are a very talented company and well run with a lot of people that have exceptional capabilities from an operating standpoint and also sales and marketing. They will give us more tools in our toolkit, so to speak. We are adding, again to that optionality for the customer,” Reardon explains. “The other thing is, they have been customers of ours for 25 years, so they understand us, and we understand them. It should be a very easy integration. We will keep them as a stand-alone entity, but there is always the second commercial integration. We get along so well that we thought it was a perfect fit.”
Going back to the theme of valuable relationships, CN works hard to navigate the best strategies that benefit all participants, all while continuing the expansion of services and company reach. Leaders at CN take a holistic approach while evaluating what areas have potential for additional growth and what areas need improvement from a marketing and sales perspective.
“TransX has over-the-road trucking and they have LTL – they’re a big player in the LTL business. We don’t offer LTL service (but) we are now hoping (to)to be able to offer (LTL) to (customers who need it), Reardon said. “They also have customs brokerage service, which we do too, but their customs brokerage service is geared towards a different clientele and different products, so again, we are adding more capabilities in what we can do.”
Whether your company goals are to increase sales and marketing, improve operations, or build on longstanding, valuable industry relationships, following the model and strategies CN continues to implement are exemplary and imperative to substantial growth. The company serves as an industry example of how to navigate an evergreen market while strengthening reach beyond North America. CN will undoubtedly continue to extend operations well into 2019, proving that to create a successful business empire, companies must go deeper than technology integration.

Keith Reardon was appointed Senior Vice-President, Consumer Product Supply Chain Growth, in August 2018, based in Toronto. He is responsible for the execution and expansion of CN’s intermodal and automotive businesses, leading the commercial teams and non-rail operations in his supply chains, and adapting all last-mile services for customers. Mr. Reardon oversees all aspects of the company’s domestic and international intermodal and automotive activities, as well as freight forwarding services in North America and Asia, and CN’s regional sales groups.
Prior to his appointment, he had been Vice-President of Intermodal and Automotive since January of 2017. In 2012, Mr. Reardon was named Vice-President of Intermodal Services. In 2009, Mr. Reardon was appointed Vice-President of Supply Chain Solutions, where he was responsible for the Automotive and Iron Ore business units and CN’s non-rail transportation services including transloading, freight forwarding and warehousing, just to name a few. He also directed many supply chain and business development initiatives for CN – working closely with CN customers and partners. Previously, he was Assistant Vice-President of CN Transloading Operations, where he managed more than 80 CN-owned warehousing and distribution facilities.
Passionate about logistics, Mr. Reardon has more than 25 years of experience in the field; he also held senior positions with outside firms in the world of logistics for a number of years. Mr. Reardon holds a Bachelor of Arts degree in Marketing and an MBA from the University of North Florida.
 
 

Global Supply Chain Logistics: An Expert Perspective

From automation to careful planning, implementing a successful logistics strategy goes beyond simply choosing the next big name in technology platforms. When done the right way, robust logistics strategies have the ability to create a life-long customer network while extending company values and reputation, as seen with CN – a leader in North American Transportation and Logistics. The company boasts an impressive 20,000 route-miles rail network in Canada and the U.S. Led by a vision that goes beyond North American parameters, the team continuously works towards building an internationally recognized company that values commitment to customers while delivering the highest quality value to shareholders. Through CN’s multidimensional approach, the company prides itself on fully integrated services that connect ports on three coasts.

Senior Vice-President of Consumer Product Supply Chain Growth Keith Reardon explains what sets CN apart from the others, identifying key differentiators found within the company’s operations.

“Number one is for us as a key differentiator is our scope and scale, our network. We are blessed to have the network that we do,” Reardon said. “We are the only railroad that covers all three coasts of North America, all the way from Halifax to Prince Rupert, Vancouver down to the Gulf Coast.”

The company boasts an extensive century-long history of providing customers, shareholders, employees, and partners with the highest quality supply chain services, setting the bar higher with each successful initiative and expanding its network through proactive efforts, rather than last-minute reactive measures.

“Because we saw it very early on, we’ve been involved in having people and boots on the ground in Asia for years. One of the things that we pride ourselves on is listening to our customers, having boots on the ground whether there’s an issue or opportunity. We go first hand to find out what’s going on,” Reardon explains.

CN attributes much of its success to proactively learning about market potential at a granular level, vetting problems and areas of improvement while building valuable relationships with key executives in and around the industry, and finding value in diversification. Beyond understanding regional opportunities, CN creates an example of gauging market predictions on a short-term and long-term scale, developing a strong competitive advantage in the industry.

“That’s why we have people positioned in Asia to understand the market, to understand the players, and gain some credibility as well. I think that if you’re doing business with people face-to-face, you’re going to get more out of it, you’re going to have a better relationship when things might not be going so well. There’s going to be that relationship to hang on to, to weather the storm so to speak, and we’ve been able to do that,” added Reardon. “I think that’s another reason our global trade is doing so well, because we’ve been able to weather the storm. It also gives us a very diverse portfolio of business.”

In addition to its extensive market reach and developing robust industry relationships, CN takes efforts one step further by partnering with companies that provide added value and resources that align with their vision and future business goals. In October 2018, CN announcedit had agreed to acquire of one of the largest and oldest transportation companies in Canada, The TransX Group of Companies.

“This strategic acquisition allows CN to deepen its supply chain focus, strengthening our exceptional franchise, including our intermodal business, notably in the specialized, fast-growing refrigerated segment,” commented president and chief executive officer of CN, JJ Ruest. “This alignment creates a solid framework to serve a growing consumer economy with transportation options that bring more supply chain flexibility to our customers.”

This acquisition, which is pending regulatory approval, provides a multidimensional benefit to the company and its customers, supporting one of the key differentiators found within the CN business model of valuing customers just as much as the company’s success. CN executives recognized the added value and talent TransX offered and carefully considered how much impact these elements would bring to each business initiative. The acquisition idea comes from an extensive business relationship CN and TransX created spanning more than two decades.

“We are acquiring talent. They are a very talented company and well run with a lot of people that have exceptional capabilities from an operating standpoint and also sales and marketing. They will give us more tools in our toolkit, so to speak. We are adding, again to that optionality for the customer,” Reardon explains. “The other thing is, they have been customers of ours for 25 years, so they understand us, and we understand them. It should be a very easy integration. We will keep them as a stand-alone entity, but there is always the second commercial integration. We get along so well that we thought it was a perfect fit.”

Going back to the theme of valuable relationships, CN works hard to navigate the best strategies that benefit all participants, all while continuing the expansion of services and company reach. Leaders at CN take a holistic approach while evaluating what areas have potential for additional growth and what areas need improvement from a marketing and sales perspective.

“TransX has over-the-road trucking and they have LTL – they’re a big player in the LTL business. We don’t offer LTL service (but) we are now hoping (to)to be able to offer (LTL) to (customers who need it), Reardon said. “They also have customs brokerage service, which we do too, but their customs brokerage service is geared towards a different clientele and different products, so again, we are adding more capabilities in what we can do.”

Whether your company goals are to increase sales and marketing, improve operations, or build on longstanding, valuable industry relationships, following the model and strategies CN continues to implement are exemplary and imperative to substantial growth. The company serves as an industry example of how to navigate an evergreen market while strengthening reach beyond North America. CN will undoubtedly continue to extend operations well into 2019, proving that to create a successful business empire, companies must go deeper than technology integration.

Keith Reardon was appointed Senior Vice-President, Consumer Product Supply Chain Growth, in August 2018, based in Toronto. He is responsible for the execution and expansion of CN’s intermodal and automotive businesses, leading the commercial teams and non-rail operations in his supply chains, and adapting all last-mile services for customers. Mr. Reardon oversees all aspects of the company’s domestic and international intermodal and automotive activities, as well as freight forwarding services in North America and Asia, and CN’s regional sales groups.

Prior to his appointment, he had been Vice-President of Intermodal and Automotive since January of 2017. In 2012, Mr. Reardon was named Vice-President of Intermodal Services. In 2009, Mr. Reardon was appointed Vice-President of Supply Chain Solutions, where he was responsible for the Automotive and Iron Ore business units and CN’s non-rail transportation services including transloading, freight forwarding and warehousing, just to name a few. He also directed many supply chain and business development initiatives for CN – working closely with CN customers and partners. Previously, he was Assistant Vice-President of CN Transloading Operations, where he managed more than 80 CN-owned warehousing and distribution facilities.

Passionate about logistics, Mr. Reardon has more than 25 years of experience in the field; he also held senior positions with outside firms in the world of logistics for a number of years. Mr. Reardon holds a Bachelor of Arts degree in Marketing and an MBA from the University of North Florida.