Tag Archive: global trends

The Ladies of Logistics & Global Trends

October 9th, 2018

Thanks to Elizabeth Warren for hosting the informal Southern CA group, the Ladies of Logistics (LOL).  We had a fabulous time and made amazing connections.  Where else can you go and see every key connection related to trucking, the ports, freight forwarders, logistics, global trade and all related parties (such as education partners, the media etc.)?  I had great conversations with old friends and I met new colleagues. Business is more successful – and fun- when we come together to celebrate and connect.

 

 

 

 

 

Where do you go to find out what’s happening with your industry?  When it comes to the global marketplace, there were insightful conversations at LOL with perspectives from the following:

  1. Recent graduates from the global public policy program at USC/University of Hong Kong
  2. Freight forwarders
  3. Several different roles related to the ports
  4. CSULB Center for International Trade & Transportation
  5. BCO (Beneficial Cargo Owner)
  6. Logistics industry professionals
  7. Public policy professionals
  8. And many more.  

I learned quite a few interesting trends which I’m planning to turn into episodes of my new series, “The Resilient Supply Chain”.  How do you stay on top of global trends?

One tip to implement this week:
There are many ways to stay on top of global trends (or any trends you’d like to keep track of that relates to your industry).  You can start immediately by implementing any of the following strategies:

  1. Attend a networking event such as LOL
  2. Read an industry magazine such as the Journal of Commerce.
  3. Participate with a trade association such as APICS-IE, ISM, CSCMP and more (all of which were represented at the LOL event). By the way, if you are interested in global trends, put APICS-IE’s executive panel & networking symposium on “Advancing Innovation & Navigating Global Trends” on your calendar.
  4. Ask your colleagues, customers and suppliers.  You’d be surprised what you can learn by asking a few key questions!
  5. Attend a chamber of commerce or related event that focuses on your area of interest.  For example, in Southern CA, the L.A. Chamber and the IEEP both focus on logistics.
  6. Do some interest research.
  7. And many, many more.

Just choose one and get started!

 



The Importance of Continual Learning

September 18th, 2018

Recently, we updated our website.  It prompted a lot of thinking about many aspects of business.  One is the importance of continual learning.  As you’ll see on our Continual Learning webpage, it is a priority.  With that said, I’ve noticed that the most successful people (clients, colleagues, fellow Board members etc.) have continual learning in common.  There is definitely something behind this trend!  It reminds me of one of our LMA Advocate winners, Valerie Ladd – her continual learning is quite impressive.  She never stops learning – and all with a positive attitude to boot.

 

 

 

 

When thinking about continual learning for LMA Consulting, we focus on three categories:

1) Future trends in business, the economy, the industry, our area of expertise etc.
2) Technology trends & disruptors
3) Local & global trends.

What are you learning?

One tip to implement this week:
There are countless ways to add or expand on your continual learning.  Instead of getting stuck in a sea of possibilities, just choose one or two and start there.  Don’t worry if they are the best ones or will provide the greatest benefit.  Just start!  Waiting for perfection is a LONG road….your competition will certainly pass you by.

With that said, if you’d like some ideas of where to go for continual learning, here are several that pop to mind:
1) Ask your mentor.
2) Talk with colleagues and ask what they are learning – or ask to learn more about their role and challenges.
3) Go to a trade association meeting.  For example, APICS Inland Empire provides programs, symposiums, tours and education to provide value to manufacturing and distribution professionals.
4) Go to an alumni meeting.
5) Attend a local chamber or business club.
6) Read the news, magazines and blogs related to your field.
7) Call a customer or supplier.
8) Join a mastermind.
9) Call a former colleague or manager.
10)  Attend a tradeshow.

What are you going to do?