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Home » Blogs » Steve Geary on Global Logistics and Risk » Figure it out.

Steve Geary on Global Logistics and Risk
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Steve Geary is adjunct faculty at the University of Tennessee's Haaslam College of Business and is a lecturer at The Gordon Institute at Tufts University. He is the President of the Supply Chain Visions family of companies, consultancies that work across the government sector. Steve is a contributing editor at DC Velocity, and editor-at-large for CSCMP's Supply Chain Quarterly.

Figure it out.

The world has changed. How we think about logistics needs to change, too.

June 29, 2022
Steve Geary
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As logisticians feverously realigns in the post-pandemic world, we are all scrambling to rebalance across our strategies.  Best Value is the most advantageous combination of cost, quality, delivery, risk, predictability, reliability, and increasingly sustainability to meet market requirements.  Do you have a Best Value solution to the current logistics puzzle?

Parse that Best Value definition.  We commonly consider cost, quality, and delivery to be foundational factors in Best Value.   Logistics risk compounds the size of these factors quickly.  Today we manage longer, more complex, and increasingly unpredictable international flows.  Risk now emerges as a more central variable in the equation.  

Add in predictability, reliability, and sustainability.  Today warehouse managers are facing a more complex problem.  I asked an academic how to approach the challenge and received a complex answer laced with big data analytics, obscure vocabulary, and complicated equations.

I asked a box-kicking manager in a large regional distribution center how to solve this complex problem, and heard, “Dunno.  But we’ll figure it out.”  I like that answer.

Let’s get to work.  

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