Competencies can change. I am interested that Amazon has recently purchased the supplier of Automated Guided Vehicles (AGV) used in its warehouses. This is an example of vertical integration within a business. When Amazon started, it was portrayed as the ‘new’ style of business. The requirement was to be good at your core competency, in this case on-line book selling … Read More
How do you explain logistics?
Things said on television. I have been watching the TV series Planet Word, hosted by the British entertainment personality, Stephen Fry. In the most recent episode he was discussing an advertisement for a job in which the word logistics was used. The speaker asked Stephen Fry if he knew what the term meant; to which Stephen responded “it has to … Read More
Your forecast of sales is wrong
One number is not accurate. In a recent article, economist professors at the University of Pennsylvania Wharton School made an honest statement about their forecasts of the American economy “Truth be told, our best guesses just aren’t very good”. Should this comment also be said by those engaged in forecasting future sales for their business? In making their forecasts more … Read More
How you can take trucks off the roads
Locate logistics services centres for effective freight movement I wrote a client report in 2005, providing justification for a logistics hub in the west of Melbourne. Last week, on March 28, an article in the Melbourne Age newspaper caught my attention . It announced the alliance of a commercial property developer and a logistics services provider to operate and further … Read More
You learn logistics through education and training
How is your work experience recognised? A short article about recognition by universities of student work experience in the Melbourne Age newspaper discusses the shortage of qualified people. It argues this is due to a reluctance by universities to recognise experience and so provide credits in relevant subject areas. The vocational sector recognises experience through a recognition of prior learning … Read More