Optricity's Sheila Benny has made it her personal mission to give back to the supply chain community through mentoring young people and leading an industry association.
Susan Lacefield has been working for supply chain publications since 1999. Before joining DC VELOCITY, she was an associate editor for Supply Chain Management Review and wrote for Logistics Management magazine. She holds a master's degree in English.
In one of her last acts as president of the Warehousing Education and Research Council (WERC), Sheila Benny stood before attendees at the group's 2016 annual conference and urged them to remember that they and their supply chains help save lives. After all, it is supply chains in general that ensure that the necessities of life—such as food, medicine, water, clothes, and fuel—get to the people who need them.
Benny, who is an executive vice president and founding member of the slotting optimization software company Optricity, tries to spread this message wherever she goes, especially through her work in industry associations and in mentoring the next generation of supply chain leaders.
Benny's own first mentor was her father, an engineer with the space program. He encouraged her even as a small child to tinker with nuts and bolts, and engaged her in what he called "big picture talks." But side by side with her engineering genes was an intrinsic desire to help people and give back to the community.
Through her career in supply chain management—first with the consulting firm Tompkins Associates and later with software companies like Performance Analysis Group, Manhattan Associates, and now Optricity—Benny has found a way to engage this analytical "big-picture thinking" side for the greater good. That the supply chain can provide an avenue for both is an insight she tries to share with young people in general (and young women in particular) who are considering careers in the field.
DCV Editor at Large Susan Lacefield recently caught up with Benny by phone to talk about her career, the value of industry associations and mentoring programs, and the ongoing fight between her left brain and right brain.
Q: I understand you graduated with a degree in industrial engineering from North Carolina State. How did you first become involved in supply chain management, and what attracted you to the field?
A: Probably like many people, I just happened into the field. I had the good fortune of being steered into getting a degree in industrial engineering by my father, who was himself an engineer. But my heart as a young person was really in the nonprofit world. I really wanted to make my mark in helping people, and I was passionate about volunteer work. Once I got into engineering, I found I really liked the people and process work. I found out I had a little more of an engineer in me than I realized.
After undergrad, I went directly into the M.B.A. program at [the University of North] Carolina and did my summer work with Jim Tompkins [founder of the supply chain consulting company Tompkins International (Tompkins)]. Once on board with Tompkins, I had the good fortune to work in areas beyond the scope of traditional engineering work, like helping Jim publish his books and market his brand. Then, I had the chance to support Tompkins' expansion internationally. Because of that, I gained broad industry experience, and my career was born.
Jim used to say he loved watching my left brain fight with my right brain, and I guess that's me in a nutshell. I always was an engineer at heart, ever since I was a kid. My dad worked in the space program in Melbourne, Fla. He would come home from Cape Canaveral with these giant nuts and bolts, and I would play with them as a toddler. I guess I was an engineer from the start, but I had to find myself, and I found myself in supply chain.
Q: I love the idea of your left brain fighting with your right brain. Can you explain what that's about?
A: I think it's about really loving the people side of things but also having a very analytical approach to life and problem solving. Supply chain allows you to be very analytical while taking into account real-life challenges that people face every day. That's definitely where I function best, where the two intersect.
Q: What continues to attract you to the field today?
A: One of the things I love best about being in supply chain today is working as an entrepreneur [with the warehouse software company Optricity]. I have the opportunity to be a leader and be at the forefront of technology. Many people outside of supply chain don't understand that this is very much a technology field.
Upon returning to the industry 11 years ago [after a hiatus working in another field], my partners [Dan Basmajian and Chuck Grissom] and I recognized that slotting optimization had not kept up with the pace of change. Instead, other technologies had taken a front seat in terms of what was driving the market. Our software initiatives sparked the slotting market space to come alive again. That was exciting. It's a great industry if you want to be a market creator, a market maker, and a technology driver. If you want to make a difference in the world, you really can find that space in supply chain.
Q: Over the years, you have been heavily involved in the Warehousing Education and Research Council (WERC), including serving as the group's president. Why do you feel it is important to become involved in industry associations?
A: Industry associations provide a platform to serve our professional communities. Associations support our professional development and provide mentorship opportunities to people who are just starting out or making a career change. That's critical if we are going to develop the resources needed in the future. From an economic standpoint, we have to grow human capital resources or the industry will be shorthanded in the future. From a social standpoint, [mentoring and helping young professionals develop their careers] is a fundamental responsibility, in my opinion.
From my very earliest days, I have been a person who cares about community service. Industry associations offer the opportunity to give back, a place where I have a true passion. WERC offered a merger of all of those areas for me.
Q: You've mentioned your experiences with mentorship. Can you talk a little about mentoring and its benefits?
A: I think of mentors a little differently than other people do. I don't think of mentorship as being linear in nature, where the mentor is always a senior person. For example, I might receive mentoring from a younger person in my organization or provide mentoring to a colleague in a comparable position. To me, mentoring can be delivered over time or just in nourishing moments. Mentor moments are "aha moments" that provide a new piece of information or inspiration that requires you to look at things with fresh eyes; that insight can come from a younger person, someone outside the industry, or from someone like my daughter, who's one of the strongest and most influential people I know.
Q: How have things changed since you started out in logistics and supply chain management?
A: Certainly there are more women in the industry today. I am thrilled to have fantastic leaders who are women in my own organization as well as who serve on the board of directors with me at WERC. And I'm also delighted to have met influential women like Nancy Nix through the AWESOME [Achieving Women's Excellence in Supply Chain Operations, Management, and Education] network [where Nix serves as executive director]. These leaders have inspired me to be my best self and think about what kind of role model I want to be.
Equally, men in the industry today are inspiring change. Today, we have men and women who are collaborating and encouraging all of us to be our best selves and give more to the industry. I think we have more people looking out for each other.
Q: What do you think we can do to encourage more young people in general, but specifically young women, to pursue leadership roles in supply chain management?
A: One-on-one education is key. We must communicate, educate, and activate the next generation so they understand what opportunities are available in the supply chain field.
For example, we must be active in industry associations, reach out to our own networks, and better communicate professional opportunities. We have to make sure we don't get so busy in our careers that we lose sight of our role in educating the next generation. Among other things, this means creating awareness among talented young women that there are exciting technology opportunities in the supply chain field, like optimization software or data analytics, to name just a couple. Otherwise, we will be missing out on the best and brightest. Education, activation, and one-on-one support: That's where the rubber meets the road.
Q: How can a person find ways to provide this one-on-one support?
A: This type of dedicated support really comes down to one-on-one purpose-driven "mission work." For example, I make it a proactive goal of mine to engage with the next generation. I'm involved with the Global Supply Chain program advisory council for Wake Technical Community College, a local school that has a logistics and distribution-focused curriculum. I am actively connected with both the students and faculty, and provide input regarding industry needs. In addition, I proactively seek the best and brightest talent for my own organization, Optricity.
I am personally committed to reaching out and connecting with people who have both creative and analytical minds to encourage them to consider the distribution and supply chain field. Each one of us has to find our own niche, whether that's by taking a leadership position in a professional organization, developing a one-on-one relationship with a young person, or simply exchanging mentor moments whenever possible. Support is activated when each of us as individuals converts our own commitments into habits.
Economic activity in the logistics industry expanded in November, continuing a steady growth pattern that began earlier this year and signaling a return to seasonality after several years of fluctuating conditions, according to the latest Logistics Managers’ Index report (LMI), released today.
The November LMI registered 58.4, down slightly from October’s reading of 58.9, which was the highest level in two years. The LMI is a monthly gauge of business conditions across warehousing and logistics markets; a reading above 50 indicates growth and a reading below 50 indicates contraction.
“The overall index has been very consistent in the past three months, with readings of 58.6, 58.9, and 58.4,” LMI analyst Zac Rogers, associate professor of supply chain management at Colorado State University, wrote in the November LMI report. “This plateau is slightly higher than a similar plateau of consistency earlier in the year when May to August saw four readings between 55.3 and 56.4. Seasonally speaking, it is consistent that this later year run of readings would be the highest all year.”
Separately, Rogers said the end-of-year growth reflects the return to a healthy holiday peak, which started when inventory levels expanded in late summer and early fall as retailers began stocking up to meet consumer demand. Pandemic-driven shifts in consumer buying behavior, inflation, and economic uncertainty contributed to volatile peak season conditions over the past four years, with the LMI swinging from record-high growth in late 2020 and 2021 to slower growth in 2022 and contraction in 2023.
“The LMI contracted at this time a year ago, so basically [there was] no peak season,” Rogers said, citing inflation as a drag on demand. “To have a normal November … [really] for the first time in five years, justifies what we’ve seen all these companies doing—building up inventory in a sustainable, seasonal way.
“Based on what we’re seeing, a lot of supply chains called it right and were ready for healthy holiday season, so far.”
The LMI has remained in the mid to high 50s range since January—with the exception of April, when the index dipped to 52.9—signaling strong and consistent demand for warehousing and transportation services.
The LMI is a monthly survey of logistics managers from across the country. It tracks industry growth overall and across eight areas: inventory levels and costs; warehousing capacity, utilization, and prices; and transportation capacity, utilization, and prices. The report is released monthly by researchers from Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University, and the University of Nevada, Reno, in conjunction with the Council of Supply Chain Management Professionals (CSCMP).
"After several years of mitigating inflation, disruption, supply shocks, conflicts, and uncertainty, we are currently in a relative period of calm," John Paitek, vice president, GEP, said in a release. "But it is very much the calm before the coming storm. This report provides procurement and supply chain leaders with a prescriptive guide to weathering the gale force headwinds of protectionism, tariffs, trade wars, regulatory pressures, uncertainty, and the AI revolution that we will face in 2025."
A report from the company released today offers predictions and strategies for the upcoming year, organized into six major predictions in GEP’s “Outlook 2025: Procurement & Supply Chain” report.
Advanced AI agents will play a key role in demand forecasting, risk monitoring, and supply chain optimization, shifting procurement's mandate from tactical to strategic. Companies should invest in the technology now to to streamline processes and enhance decision-making.
Expanded value metrics will drive decisions, as success will be measured by resilience, sustainability, and compliance… not just cost efficiency. Companies should communicate value beyond cost savings to stakeholders, and develop new KPIs.
Increasing regulatory demands will necessitate heightened supply chain transparency and accountability. So companies should strengthen supplier audits, adopt ESG tracking tools, and integrate compliance into strategic procurement decisions.
Widening tariffs and trade restrictions will force companies to reassess total cost of ownership (TCO) metrics to include geopolitical and environmental risks, as nearshoring and friendshoring attempt to balance resilience with cost.
Rising energy costs and regulatory demands will accelerate the shift to sustainable operations, pushing companies to invest in renewable energy and redesign supply chains to align with ESG commitments.
New tariffs could drive prices higher, just as inflation has come under control and interest rates are returning to near-zero levels. That means companies must continue to secure cost savings as their primary responsibility.
Freight transportation sector analysts with US Bank say they expect change on the horizon in that market for 2025, due to possible tariffs imposed by a new White House administration, the return of East and Gulf coast port strikes, and expanding freight fraud.
“All three of these merit scrutiny, and that is our promise as we roll into the new year,” the company said in a statement today.
First, US Bank said a new administration will occupy the White House and will control the House and Senate for the first time since 2016. With an announced mandate on tariffs, taxes and trade from his electoral victory, President-Elect Trump’s anticipated actions are almost certain to impact the supply chain, the bank said.
Second, a strike by longshoreman at East Coast and Gulf ports was suspended in October, but the can was only kicked until mid-January. Shipper alarm bells are already ringing, and with peak season in full swing, the West coast ports are roaring, having absorbed containers bound for the East. However, that status may not be sustainable in the event of a prolonged strike in January, US Bank said.
And third, analyst are tracking the proliferation of freight fraud, and its reverberations across the supply chain. No longer the realm of petty criminals, freight fraudsters have become increasingly sophisticated, and the financial toll of their activities in the loss of goods, and data, is expected to be in the billions, the bank estimates.
The move delivers on its August announcement of a fleet renewal plan that will allow the company to proceed on its path to decarbonization, according to a statement from Anda Cristescu, Head of Chartering & Newbuilding at Maersk.
The first vessels will be delivered in 2028, and the last delivery will take place in 2030, enabling a total capacity to haul 300,000 twenty foot equivalent units (TEU) using lower emissions fuel. The new vessels will be built in sizes from 9,000 to 17,000 TEU each, allowing them to fill various roles and functions within the company’s future network.
In the meantime, the company will also proceed with its plan to charter a range of methanol and liquified gas dual-fuel vessels totaling 500,000 TEU capacity, replacing existing capacity. Maersk has now finalized these charter contracts across several tonnage providers, the company said.
The shipyards now contracted to build the vessels are: Yangzijiang Shipbuilding and New Times Shipbuilding—both in China—and Hanwha Ocean in South Korea.
Specifically, 48% of respondents identified rising tariffs and trade barriers as their top concern, followed by supply chain disruptions at 45% and geopolitical instability at 41%. Moreover, tariffs and trade barriers ranked as the priority issue regardless of company size, as respondents at companies with less than 250 employees, 251-500, 501-1,000, 1,001-50,000 and 50,000+ employees all cited it as the most significant issue they are currently facing.
“Evolving tariffs and trade policies are one of a number of complex issues requiring organizations to build more resilience into their supply chains through compliance, technology and strategic planning,” Jackson Wood, Director, Industry Strategy at Descartes, said in a release. “With the potential for the incoming U.S. administration to impose new and additional tariffs on a wide variety of goods and countries of origin, U.S. importers may need to significantly re-engineer their sourcing strategies to mitigate potentially higher costs.”