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Supply Chain Design: The Role of Transportation in Network Modeling | Steve Ellet
Description
Now more than ever in light of global health crises and economic uncertainty, it is important to understand the resilience of your supply chain network. And network modeling is where it all begins.
Supply chain design expert Steve Ellet (Sr. Vice President of Supply Chain Design at Chainalytics) joins host Chris Caplice to unpack some of the latest innovations in network modeling and the importance of “what-if” scenario planning and continuous modeling. Steve explains that transportation is a critical component of network modeling since it typically makes up more than two-thirds of supply chain’s total operating costs.
To wrap things up, Chris is joined by Inam Iyoob to provide the latest North American truckload market rate trends and forecast powered by FMIC. The duo digs into the impact of COVID-19 on freight supply (i.e., drivers) and demand.
[3:32] Learn more about the Freight Market Intelligence Consortium (FMIC) here: https://www.chainalytics.com/fmic/
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