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The integration of the Internet of Things (IoT) can help third party logistic providers (3PLS) optimize their services to improve operations, transparency and the customer journey.

The Internet of Things (IoT) simplifies our day-to-day through the sharing of data between devices. It is a technological movement that has contributed to the digital progression of many industries.

The advancements IoT provides the transportation industry has caused disruption, leading researchers to believe that 3PL providers may become replaced. However, there are three ways that IoT technology will help 3PLs optimize supply chains for their customers.

This week we will focus our infographic on highlighting the way third-party logistics providers benefit from using IoT technology in order to bring their business, and their clients’ business to the next level.

IoT and 3PL Providers: A Glimpse at the Future of Logistics

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That’s it for us this week! If you liked this blog post, why not subscribe to our blog? Interested in what we do as a 3rd party logistics provider? Then don’t hesitate to check out our services (as expressed above, we are very pro finding you the lowest total cost!). We’re also in the twittersphere, so give us a follow to get the latest logistics and supply chain news.

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Morai Logistics raises $22,420 in support of cancer research and development by marching with members of the community at the 2018 Relay for Life.

Cancer remains one of the leading causes of death in North America. Last year alone, there were 206, 200 new cancer diagnoses in Canada. Furthermore, by the end of 2018 the number of estimated new cases in the United States will be 1,735,350‘. These figures reflect the urgent need for communities, industries and governments to support cancer research and development.

On Friday, June 8th, 2018, Morai Logistics participated in Relay for Life, an annual fundraising event founded by the Canadian Cancer Society. Alongside thousands of members of the community, our team marched together to help ‘fight back against cancer’. These initiatives are a constant pillar of strength to many. However, the urgency to implement processes that effectively facilitate the preventative treatment of cancer remains.

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Arthur-Gay: Valued Morai Logistics Team Member. Cancer Survivor.

Forbes identifies patient personalization as a step toward providing optimal customer experience to patients in need of immediate and tailored medical treatment. This phenomena is growing in popularity on both the patient/customer and facility side. By 2022, it’s expected that the personal medicine market will reach USD 2.45 trillion. This will place an increase in pressure on the healthcare supply chain management industry.

This article investigates the importance of personalized medication in improving cancer treatment. It also touches on the role supply chains have in meeting the demands of this growing market.

Personalizing Cancer Treatment

The Canadian Cancer Society defines personalized medicine as the ‘use of information about a person to prevent, diagnose and treat disease’. The ability for medical professionals to determine appropriate and preventative treatment for each individual patient is a product of extensive R&D. It also helps to answer the following six benefits:

  • How likely will an individual develop cancer?
  • Who will benefit from ‘earlier screening’?
  • Which treatment would be effective, while causing less side effects?
  • What appropriate plans should be implemented to manage treatment?
  • How do research develop new treatments?
  • How do we educate patients on making the right ‘treatment decisions’?

This advanced method of understanding and identifying appropriate treatment protocol has shown a considerable advantage in preventing specific cancers. Therefore, it’s important to recognize the impact this growing market will have on healthcare supply chain management.

Challenges in Healthcare Supply Chain Management

Research predicts that the healthcare supply chain management market will reach USD 2.56 billion by 2025. As this treatment approach moves from ‘reaction to prevention’, this will enable medical professionals to offer effective treatment options’. However, research has identified the popularity of personalized medicine will place considerable pressure on manufacturers in supply chains.

Due to the complexities of this individualized approach, challenges in the supply chain manifest in an inability to match ‘scale, speed, reliability and traceability’. Supply Chain Diver indicates that this direct-to-customer approach will require:

  • Increased delivery demand
  • Specific packaging
  • ‘Increased temperature monitoring’
  • Custom clearance in transport
  • Delay monitoring by GPS-based alerts

In addition, the transportation of medication is ‘time and temperature’ sensitive, which places a critical importance on ensuring ‘cold chain is virtually error-free’. When multiple medications are shipped together but require different temperatures, certain challenges may arise. The facilitation of personalized medication creates an intricate shipment lifecycle going from manufacturer to production facility to the patient. However, research also explains that the same third party logistics providers (3PL) run throughout the entire service. For logistics companies, this means recognizing their vital role in facilitating the personalized medication market.

Community of Change

Morai Logistics is passionately dedicated to supporting cancer research and development. As a North American leader in supply chain and logistics, we understand the important role 3PLs play as a partner and advocate for the safe and efficient transport of personalized medication. Our participation in community events, such as Relay for Life, is one of the many ways our company stands with those affected by cancer.  Together, our energetic and passionate team raised $22,420 this year in honour of an incredible cause!

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The Morai Logistics Team at Relay for Life

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Discussion on effective leadership (i.e. c-suite, or c-level positions such as CFO, CTO, CMO, etc.) trends in 2018 stimulates further investigation into what it takes to become an effective supply chain and logistics C-Suite executive.

Previously, Morai Logistics identified four key leadership trends shaping economies across North America. The importance of empowering women in leadership positions, fostering ambition, exhibiting core values and embracing upcoming generations, were correlated with effective business leadership. However, these trends also place a significant emphasis on the responsibilities of C-suite Executives, especially those in supply chains and logistics.

The term “C-Suite” describes leaders who hold senior executive positions within a business or organization. According to Investopedia, these positions may include ‘chief executive officer (CEO), chief financial officer (CFO), chief operating officer (COO), and chief information officer (CIO)’. Alternatively referred to as C-Level, the qualifications of an effective leader outlined above remain consistent with those who hold these positions. However, this year there is an increased emphasis on a commitment to corporate culture, people management, strategic thinking and active leadership.

This eBook uncovers current C-Suite trends, current challenges facing C-Level execs, and the core attributes required to be an effective executive leader.

What Does it Take to Reach the C-Suite in Logistics?

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That’s it for us this week! If you liked this blog post, why not subscribe to our blog? Interested in what we do as a 3rd party logistics provider? Then don’t hesitate to check out our services (as expressed above, we are very pro finding you the lowest total cost!). We’re also in the twittersphere, so give us a follow to get the latest logistics and supply chain news.

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As a woman-owned business, Morai Logistics identifies has always kept track of the status of women in the logistics and supply chain industry. This is an update to how the industry as a whole has evolved with regards to the gender gap.

Over the last four years, the logistics industry has seen a significant transformation from the integration of new technologies. As a result, the industry requires a labor force of workers with a dynamic skillset to help them succeed in the digital workplace.

Research found that ‘71% of global supply chain professionals believe women have a different natural skillset’ in comparison to men. In addition, 91% of respondents felt that these skillsets are ‘advantageous to working within supply chain management’.

Podcast Feature: Let’s Talk Supply Chain

Kelli Saunders, president of Morai Logistics, sat down with host of Let’s Talk Supply Chain, Sarah Barnes to discuss women and millennials in supply chains. The podcast identified challenges that have turned women away from exploring the industry, persuading them to pursue education and professions in ‘traditional’ roles. Kelli Saunders states that “we (as women) have so much to give” and being complacent in areas where we can’t explore further should change.

Women are encouraged by Saunders to take the leap and develop the courage to go after opportunities by believing they are worthy and qualified. This infographic takes a contemporary look at the current gender gap in North American supply chains, and identifies the positive contributions women create.

Take a listen on the podcast below:

We also have resources available from the podcast here: morailogistics.com/podcast

Re-Examining the Evolution of Women in Logistics

We’ve decided to focus this week’s infographic on updating the status of women in the logistics and supply chain industry and re-explored the gender gap. Generally speaking, we take a look at positions in education, the workforce, salaries, and listed the advantages presented by having a diverse workforce that includes women.

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That’s it for us this week! We loved having our president on Let’s Talk Supply Chain and collaborating with Sarah Barnes was awesome. Feel free to check out her other podcasts on the logistics and supply chain industry (we particularly enjoy her Women in Supply Chain Series) here: letstalksupplychain.com

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Season 2, Episode 8

Let's Talk Supply Chain Podcast

Women in Supply Chain Series is back! On this episode Sarah Barnes of Let’s Talk Supply Chain interviews Kelli Saunders who speaks publicly about Women and Millennials in Supply Chain! She speaks to Kelli about some of the important things to consider when working with Women & Millennials, how companies can benefit and the different communication styles to be aware of so that your culture thrives through innovation and success!

Take a listen below, or visit Let’s Talk Supply Chain directly:

Increase Your Knowledge of the Supply Chain and Logistics Industry

FREE LOGISTICS RESOURCES MENTIONED IN THIS EPISODE

According to the report Digital Supply Chain: Creating Skills for the Future, the Canadian supply chain and logistics industry currently employs 878,000 people. Digital technologies is stated to be a contributing factor to the increase in job creation expected to happen over the course of the next five years.

However, research also identifies Canada’s ranking as the 14th nation in the World Bank’s Logistics Performance Index.

While the country’s investment in research and technology remains high, less than 41% of Canadian industries actually utilize advanced communication technologies. The report further identifies that as the integration of emerging platforms continues to rise, the need for an advanced workforce is critical.

Unceasing technological advancements in the form of artificial intelligence, the Internet of Things (IoT) and Big Data, are necessary to help companies keep up with consumer needs and demands. They’re also key to improving the countries performance in trade logistics.

This eBook takes a look at current technology trends that will have a direct impact on the transportation supply chain and logistics workforce.

What does an Advanced Supply Chain look like?

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If you liked this blog post, why not subscribe to our blog? If you’re interested in what we do as a 3rd party logistics provider, don’t hesitate to check out our services (as expressed above, we are very pro finding you the lowest total cost!). We’re also in the twittersphere, so give us a follow to get the latest logistics and supply chain news.

Industry 4.0, also referred to as the Fourth Industrial Revolution, has initiated a lucrative transition for transportation supply chains. Research on future trends of supply chain management found that over the next five years about 80% believe ‘digital supply chain’ will be the leading industry model and 72% of global companies will invest over US$900 billion each year on digitization.

Why the need for digital implementation? Well, customers want lower prices, demand immediacy, and expect operations to ‘always be on.’ A highly efficient chain is achieved when innovative technologies are used to boost productivity and operations, lower costs and improve transparency. The benefits associated with building highly efficient digital supply chains are considered to be extremely important.

2,000 companies have already started to digitize their supply chains. How are supply chain and logistics companies implementing new technologies to achieve end-to-end results? This week we thought we would focus on the Fourth Industrial Revolution and how it impacts the logistics and supply chain industry.

The Fourth Industrial Revolution in Supply Chain and Logistics

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If you liked this blog post, why not subscribe to our blog? Interested in our 3rd party logistics services? If so, don’t hesitate to check out our services . We’re also in the twittersphere, so give us a follow to get the latest logistics and supply chain news.

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E-commerce giants are turning to brick-and-mortar stores to supplement their continued growth trajectories. Could this mean the e-commerce market is too saturated?

To say that online shopping and e-commerce has boomed in the last decade would be a gross understatement. In 2014, retail e-commerce sales worldwide were 1.3 trillion U.S. dollars. That number rose by 954 billion as of this year and is estimated to hit nearly 4 trillion by 2020. However, despite the impressive numbers, there seems to be a shift in strategy amongst the titans of the booming online retailer industry.

A few weeks ago, Reuters reported that Chinese e-commerce giant Alibaba had announced plans to move into the physical realm of brick-and-mortar stores. The move is a strange one for the company given that until now, its made $392 billion through digital sales alone.

Alibaba’s American counterpart, Amazon, has made similar announcements. Its recent purchase of Whole Foods and unveiling of an automated physical store late last year indicates the company is already on a similar trajectory.

The question to ask is why is this trend happening. Reporter Robyn Mak, who broke the Alibaba story, suggests that its because the retail e-commerce market is reaching its limits for the industry titans.

Alibaba’s New Strategy—Invest in Old Models

According to the Reuter’s article, Alibaba founder and executive chairman Jack Ma, has outlined the following plan for the company:

  • The company will upgrade existing physical shops in partnership with established retailers.
  • The company will also build its own stores from the ground up.
  • Continued support for “Hema”, Alibaba’s own supermarket chain where can customers buy and have groceries delivered. Some stores even allow customers to choose fresh produce and have cooked in-store.
  • Explore a similar Hema strategies for clothing.

Hema has been especially successful for Alibaba so it makes sense for the company to increase investment. As Robyn Mak stated:

The attraction for existing retailers is a chance to boost their notoriously low margins by tapping into Alibaba’s technology and platforms to manage inventory, supply chain, and logistics. Stores can also benefit from using the tech giant’s algorithms to analyse shopping habits and by moving to cashless checkouts, powered by Alibaba’s payments affiliate […] The e-commerce group boasts that sales per unit area at Hema are up to five times higher than a traditional supermarket

e-Commerce Around the World

The potential windfall profits that could be made through e-commerce has led to many new online businesses. In fact, there was an estimated 12 to 25 million online stores worldwide according to a 2014 study.

Most of that money trades hands in North America, followed by Europe and then China.

The world of ecommerce is dynamic and has opportunities for innovative new start-ups. At this point, Amazon and Alibaba might be too big to grow further.

Currently, 85% of China’s retail spending happens in brick-and-mortar stores. So while Alibaba is starting to stagnate in its online sales, it can continue its expansion into physical markets.
As mentioned earlier, Amazon has already started on this path. They invested $13.7 billion to acquire and rebrand the Whole Foods Market chain.

Balancing the Pace of Technology and Consumer Demand

As more people go online to do their shopping, the e-commerce market will continue to grow. Alibaba and Amazon are in the process of developing developing new strategies. But because of the demand in ecommerce, new avenues need to be explored for the industry titans. This won’t mean either company will give up any ground online. Instead, each has its own plan to expand past the digital store.

If you liked this blog post, why not subscribe to our blog? If you’re interested in what we do as a 3rd party logistics provider, don’t hesitate to check out our services (as expressed above, we are very pro finding you the lowest total cost!). We’re also in the twittersphere, so give us a follow to get the latest logistics and supply chain news.

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The final entry in a three-part series discussing why a Blue Ocean approach has led to Nintendo’s current supply chain predicament. For Part 1, click here to see our coverage on artificial scarcity, and for Part 2, click here to see our coverage on Nintendo’s Customer-Centric Philosophy.

In the first post of our series, we explored accusations of artificial scarcity leveled at Nintendo. It’s customer-centric ethos was covered next. For this final entry, we will be diving into how this ethos birthed its Blue Ocean strategy. A move that lead to its recent Switch supply controversy, and is responsible for the strength of its brand.

Blue Oceans and Big Waves

Nintendo is constantly trying to find previously unknown market spaces through innovation. This process is known as the Blue Ocean Strategy and it involves eight steps. According to BlueOceanStrategy.com, the key aspects of the strategy involve:

  1. Grounded in data
  2. Pursues differentiation and low cost
  3. Creates uncontested market space
  4. Empowers you through tools and frameworks
  5. Provides a step-by-step process
  6. Maximizes opportunity while minimizing risk
  7. Builds execution into strategy
  8. Shows you how to create a win-win outcome

From launching the hand-held market to saving the North American video game industry, Nintendo has built an empire on previous undiscovered or overseen markets. The best recent example is the Wii console, which launched in 2005. It managed to sell over 100 million units, outperforming Sony’s Playstation 3 and Microsoft’s Xbox 360 consoles. The Wii’s 20 million sale lead was despite it having outdated hardware, lack of third-party support and absent hardware features like Blu Ray and HD support. And of course, it was plagued by scarcity for the first two years of its life cycle.

A Console for More than the Average “Gamer”

The Wii sold well because it became inclusive to families and non-gamer friends through motion controls. For decades, both game mechanics and controllers had been getting more complex. This meant that only those with plenty of free time could keep up. Instead, Nintendo built the console around controls that were as easy to use as waving your hands, reintroducing gaming to the entire family. Its competitors tried to emulate the success by launching their own motion controls.

However, their products weren’t built from the ground up with motion controls in mind, leading to mixed results.
Sony and Microsoft sold their consoles at a huge loss to win a place in a home. Nintendo side-stepped this problem. It created a spot for itself as the secondary home console. By using older, but still effective technology, it managed to turn a profit with each unit sold.

New Markets Offer Little Guidance

Trying to create an entirely new market means that there’s no best practice to follow or improve on. How outside forces can affect the nascent market and supply chain is also limited. In the Switch’s case, the shortages seem to be because of Apple. Wall Street Journal writer Takashi Mochizuki points out:

Nintendo Co.’s biggest battle these days isn’t against other makers. It is against companies such as Apple Inc. that are gobbling up the same parts Nintendo needs to make its hit Switch machine.

Similar situations can be found throughout the company’s product launches. By being so focused on innovation, its ability to adapt is restricted. Factors such as competing industries for resources, port strikes and even excess demand have all proved too taxing for its supply chain.

Nintendo is notoriously conservative with its business practices. But if you look at the success of its products, this isn’t the problem. What needs updated is its approach to supply chains. The company needs better predictive models. Despite its setbacks however, Nintendo has built its brand on innovation. It’s why its products have become cultural icons in the first place.

If you liked this blog post, why not subscribe to our blog? If you’re interested in what we do as a 3rd party logistics provider, don’t hesitate to check out our services (as expressed above, we are very pro finding you the lowest total cost!). We’re also in the twittersphere, so give us a follow to get the latest logistics and supply chain news.

Mexico continues its rise as an important global logistics hub with the opening of a new container terminal at the Lázaro Cárdenas port, earlier this month. There are ten reasons why this is important to companies with supply chains in South America.

Lázaro Cárdenas is Mexico’s busiest port and considered one of Latin America’s most important. With the improvements, it’ll also be the continent’s most modern port. According to the World Bank, Mexico’s imports have grown more than 30% since 2010. Container volumes are also up 60% in just the last three years. These statistics, along with the fact that it has more than 45 free trade agreements, is the reason behind Mexico’s meteoric rise as an important global logistics hub.

That’s why this month we’re going to be focusing on how this new port is something to be very exited about for cross-border logistics and supply chain professionals looking south of the border!

10 Reasons to be Excited About the New Lázaro Cárdenas Container Terminal

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That’s it for us this week! If you liked this blog post, why not subscribe to our blog? If you’re interested in what we do as a 3rd party logistics provider, don’t hesitate to check out our services (as expressed above, we are very pro finding you the lowest total cost!). We’re also in the twittersphere, so give us a follow to get the latest logistics and supply chain news.