3 Key Differences Between EU and U.S. Truckload Procurement | Transportfolio
Recent years have seen a frenzy of mergers and acquisitions between U.S. and EU companies. Some firms want one truckload procurement process that works everywhere. Does that approach work? Not exactly. There are differences you’ll need to consider. Listen in on my recent discussion with Adrian Gonzalez in Talking Logistics to learn about the differences between the U.S. and EU markets.
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Carriers, Europe, Over the Road
Breaking into Global Markets, One Tesla at a Time | Transportfolio
When a 100-year-old toy company collaborates with a leading automotive and technology manufacturer, the possibilities are limitless. But when that mix is powered by a comprehensive logistics solution, it can really go the distance.
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Customers, Europe, Global Forwarding
Have you traveled on a train in a European city? Chances are you heard some version of the phrase: Mind the Gap. The phrase cautions passengers to watch the gap between a train door and station platform. I think the same warning holds true for anyone who ships freight around the world. While cargo moves freely across continents, technology might lag behind, creating a gap. This is when communication breakdowns happen—currency and language translations fail—and we’re reminded to watch our step. Freight sails away from one port, disappears for days or weeks, and surfaces at a new port. Information gaps mask potential delivery failures. And no company likes botched deliveries. Is there any solution? » Read More
Europe, Supply Chain Consulting
It fascinates me how social media transforms our lives—personally and professionally. Yet some still fail to fully embrace this game changing tool. That may be a mistake. The power of social media diminishes companies’ control over the reputation of their brands. I believe businesses, especially in the supply chain industry, need to pay attention to social media. One tweet or post can make or break a company’s reputation in a matter of minutes. Additionally, social media channels can be a powerful tool for business development. It’s as true for our teams in Europe as it is for our colleagues in the U.S. » Read More
In a prior job, I worked for a company that had global reach, yet struggled sometimes to properly span the varied forms of ‘retail’ that characterize emerging versus mature economies. The answer, in part, was to recognize that there are two fundamentally different kinds of trade: modern and traditional. Modern trade is what those of us in mature economies take for granted – large, sophisticated retailers with modern stores, processes and technology. In a modern trade environment, wholesale distribution fills a niche of smaller independent retail, as well as filling shorter turn around supply needs (mainly supplying small retail), external partners must have broad coverage, and infrastructure (roads, warehouses, etc.) are generally not limitations. » Read More