Thought Leadership

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Q & A with Dr. Tompkins - Part 2

There seems to be a big talent gap in supply chain – how can we solve for it? This is a huge problem, but the reality is, the supply chain is a very difficult field for training people. The reason for this is the breadth of the field (Plan-Buy-Make-Move-Store-Sell), and the complexity and interrelationship of these 6 mega-processes. The talent gap is not going to be solved by moaning and groaning or trying to hire the perfect candidate. The talent gap will only be solved when we accept this as a major responsibility of development. Therefore, what must be done is for your organization to hire the best candidates you can find and invest in developing them, grow your own talent.

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Q & A with Dr. Tompkins

Over the next several weeks, I will be publishing key questions that we have been getting from our readers on the supply chain industry, key technologies that will need to be in place for your supply chain, labor shortages, and a few other questions sprinkled in as we receive them. First, I will tackle answering questions regarding Amazon.

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Articles

Is Artificial Intelligence A Radical Change?

New technology being introduced into the market to automate historically manual tasks, brings back our sense of fear. Do we want people to complete menial/labor intensive tasks or do we want to create competent/reliable machines to complete these tasks? 

These feelings of uncertainty are not new. In the 19th and 20th centuries there were also these concerns. The introduction of the car, electricity, and the telephone caused a lot of uproar. 

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CPG Manufacturers and MonarchFx

The MonarchFx management team recently reviewed a paper by McKinsey & Company titled Should CPG manufacturers go direct to consumer – and, if so, how?. As usual, the paper is thought-provoking, as well as providing meaningful executive advice.

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MonarchFx Continues to Excite

We recently held a very successful two-day open house at the Tompkins International Emerging Technology Center (ETC) in Orlando. Over 120 interested representatives from retailers, brands, and others were provided a two-hour discussion (the “context”) by our CEO, Jim Tompkins.

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Videos

The New Grocery: Distributed Logistics

In eight minutes, we will help you understand why the grocery business as we know it today will not exist in five years and why grocery companies must switch to uni-logistics for a new retail model.

Tompkins International At A Glance

Throughout the years Tompkins International has created better events, smarter teams, and more partnerships, leading to over three million media impressions and hundreds of awards for thought leadership.

Tompkins delivers to you MonarchFx, The Connected Warehouse™, and Tompkins Robotics. Everything we do helps our clients be more profitable and valuable, while also becoming more agile, flexible, and adaptive to the marketplace.

Get to know MonarchFx
MonarchFx is your smarter logistics solution comprised of best-in-class supply chain companies focused on delivering cost effective, high service level fulfillment solutions to brands and retailers.
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Newsroom

Who’s on the move

MonarchFx has launched food and beverage sector expertise with Keith Goldsmith as senior vice-president to lead it. He joins MonarchFx after leadership roles as group CIO and senior vice-president, Americas, for CEVA Logistics and more recently, executive vice-president and chief commercial officer for Americold Logistics.

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The Automated Local Fulfillment Imperative

Having been a contributor to many SWOT (Strengths, Weaknesses, Opportunities & Threats) analyses for e-commerce service providers, retailers and even CPG manufacturers, I’ve lost count of how many times I’ve warned all who would listen that fulfillment automation (or the lack thereof) will be a significant threat to their online business in the future.

Today I’m going even further to state that this threat has now evolved into what I’m coining as simply ‘The Automated Local Fulfillment Imperative.’

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NextGen Supply Chain: Data Science Comes to the Supply Chain

Although supply chain management has been slow to the game, advances in data science are now quickly changing the way supply chains are managed. With free and powerful tools like Python and R now routinely being used to solve some of the most complex business problems, as evidenced on the data science competition site Kaggle.com, the days when you could develop deep insights and competitive advantage using spreadsheet models are long gone.

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Blog

The Automated Local Fulfillment Imperative

Having been a contributor to many SWOT (Strengths, Weaknesses, Opportunities & Threats) analyses for e-commerce service providers, retailers and even CPG manufacturers, I’ve lost count of how many times I’ve warned all who would listen that fulfillment automation (or the lack thereof) will be a significant threat to their online business in the future.

Today I’m going even further to state that this threat has now evolved into what I’m coining as simply ‘The Automated Local Fulfillment Imperative.’

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Inside an Executive Meeting at the 2018 Supply Chain Leadership Forum

At this year’s Tompkins Supply Chain Leadership Forum (SCLF) two executives from a retailer asked me if they could meet for 15 minutes to address a question their board had asked them. We met at 7PM at the Tuesday evening, Night at the Ballpark, event. We grabbed a corner table. After a few pleasantries the CEO opened his notebook, it was clear our meeting had started.

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