Editorial
The logistics industry has undergone seismic shifts in the wake of the COVID-19 pandemic, compelling companies to adapt swiftly to new market dynamics and customer behaviours. Traditional approaches, like simply prioritizing speed with Agile principles or relying solely on digital tools, no longer suffice in this complex environment.
E-commerce, especially cross-border trade, is booming, making it essential for businesses of all sizes to embrace digitalization and optimize their logistics strategies. However, as managers navigate these changes, they must also be vigilant about economic security, human rights, and geopolitical risks that can impact their operations.
In this edition of This Week in Consulting, we delve into pressing logistics trends, from demand forecasting to enhanced communication and strategic alignment with carriers. We’ll also explore how AI and generative AI are revolutionizing the sector by boosting operational efficiency, reducing costs, and streamlining processes.
As the logistics landscape continues to evolve, staying ahead of these trends is key to thriving in a rapidly changing world. We invite you to dive in, reflect on the challenges, and share your thoughts on this subject.
Laurent THOMAS
Chairman Consulting Quest
This week’s must read
In this edition of This Week in Consulting, we delve into pressing logistics trends, from demand forecasting to enhanced communication and strategic alignment with carriers.
This article by Arthur D Little explores the challenges of decision-making in logistics, particularly base relocation. It emphasizes the risks of relying solely on Agile or digital tools and advocates for a strategic approach combining qualitative and quantitative data analysis.
This week’s media
In this EasyPost video, Lori Boyer interviews Glenn Gooding of iDrive Logistics on navigating peak season. Drawing from 39 years of experience, Glenn shares tips on demand forecasting, communication, and aligning with carriers to ensure success.
Thought Leadership
This Kearney article discusses how AI and generative AI are transforming logistics. AI enhances operational efficiency, reduces costs, and improves resilience, while generative AI streamlines data and automates processes. Companies must prioritize strategic use cases and overcome challenges for successful implementation.
This blog by Maine Pointe highlights how technology, analytics, leadership improvement, and network design can tackle logistics challenges. By optimizing supply chains, companies boost efficiency, reduce costs, and enhance customer satisfaction through visibility, data-driven decisions, and collaboration.
This podcast episode by S&P Global highlights global demand stagnation as construction and manufacturing sectors face high interest rate challenges. Suppliers are limiting output, increasing the risk of supply shocks in 2024, with added concerns over logistics issues and shipping disruptions.
This article by KPMG explores how AI, automation, data analytics, and other emerging technologies are transforming supply chains. Organizations must embrace generative AI, low-touch planning, data excellence, and ESG reporting to unlock value, cut costs, and drive future success.
This week’s consulting news selection
Grant Thornton, one of America’s largest brands of professionals providing end-to-end audit, assurance, tax, and advisory services, has named Jason Perry as the regional managing principal for the Southeast at Grant Thornton Advisors LLC.|
Accenture has completed the acquisition of consus.health, a leading German healthcare management consultancy. consus.health offers services ranging from medical strategy and patient management to procurement and logistics, infrastructure management and construction planning services.|
HKA, a leading global consultancy in risk mitigation, dispute resolution, expert witness, and litigation support services is has announced Maxime Girard join the firm as a Partner and Forensic Accounting and Commercial Damages Expert based in its Dubai office.|
Talan, an international group specialising in consulting and technological expertise that accelerates its clients’ transformation through technology, innovation and data, continues its international development with the acquisition of Nine Feet Tall (9FT) based in the United Kingdom.|
Laurent is the Chairman and Co-founder of Consulting Quest. Focused on greater value creation, and being thoroughly familiar with Consulting, Laurent has sourced and sold millions of dollars worth of Consulting over the course of his career. Prior to joining Consulting Quest, Laurent was Executive Vice President Oil and Gas at Solvay and Senior Partner Transformation at Oliver Wyman.
