The Logistics of Logistics REPOST: The Supply Chain is Broken – How to Fix it with Jeff Dangelo
Larry Cepuran and Joe Lynch talk about Lou Gehrig Day and ALS, which stands for Amyotrophic lateral sclerosis. Larry Cepuran is a friend of Joe's who has been diagnosed with ALS, which is sometimes referred to as Lou Gehrig's disease. ALS has no cure and very few treatments.
About Jeff DangeloJeff Dangelo is the Managing Partner of Lighthouse, Prior to joining Lighthouse, Jeff co-founded Turvo, a leading enterprise software organization. Before founding Turvo, Jeff spent 13 years in the logistics and transportation space. Jeff was the Vice President of Sales at a third-party logistics start-up. As the first employee, he was tasked with building and growing the sales organization. He was instrumental in its growth to $150m in sales in less than 5 years. Prior to joining the 3PL start-up, Jeff was a Senior Sales Executive at TQL, a $4 billion third-party logistics company, where he helped grow revenue from $20m to over $500m in sales. Jeff is a graduate of Miami University (Oxford, OH), with a degree in Marketing and Operations.
About LighthouseLighthouse offers dedicated trucking, logistics, warehousing and co-packing coupled with the best supply chain software in the world to give everyone an amazing experience.Digital logistics companies aren't designed to provide services to support complex supply chains, while traditional providers do not have the right technology or business model(s). Lighthouse reimagined what it means to be a digital logistics provider by combining the best of both worlds.
Key Takeaways: The Supply Chain is Broken – How to Fix it- Problem 1: Software
- Every company and silo in the supply chain seems to have their own software.
- The information doesn't always flow well from system to system.
- System integrations are costing and time consuming.
- Creating a collaborative platform is essential.
- Problem 2: Too Much Manual Work
- Businesses are built off of manual work, having employees doing emails and calls.
- Increasing labor cost.
- Re-train customers to go digital instead of emails and calling.
- Create visibility and transparency to avoid so much manual work.
- Problem 3: Business Models are Not Aligned
- Traditional business models are not designed for the future of the industry.
- Shifting to a more transparent model.
- Finding ways to solve problems with new models.
- The solution to all of the above problems is business model transformation to include technology, visibility, and transparency.