by Elizabeth Hines | Jun 9, 2014 | Blog, Marketing, Social Media, Strategy, Supply Chain, Transportation & Trucking
Many companies within the logistics and supply chain industries are stuck on the social media starting line. The reason – “they can’t get past the word ‘social’ and the perception it creates.” The reality is that social media is a tool that can be utilized to create value and grow your business.
This is the second in a series of articles that provides examples of companies within the logistics and supply chain industries who have moved beyond the social media starting line and have realized the business value of participating in social media.
Long-haul truck drivers are more likely to be overweight or obese than the general public (86% v. 65%). Additionally, truck drivers are more likely to smoke, have high blood pressure, and suffer from sleep apnea than the general public. The poor health of long-haul truckers is largely due to their lifestyle. Long-haul trucking is a sedentary lifestyle. It is also a lifestyle which makes it challenging to access gyms and healthy foods.
The cost of poor health is enormous – for truckers and for their employers. The estimated annual health care costs of obesity-related illness are $190.2 billion, or nearly 21 percent of annual medical spending in the United States. Looking specifically at the trucking industry – a study published in the Journal of Occupational and Environmental Medicine found that obese truckers had an annual average total health care cost of $1,944, compared with $1,755 for overweight truckers and $1,131 for normal-weight drivers. A sleep apnea screening and treatment program conducted by Schneider National identified 350 drivers who required treatment. Treating these drivers not only improved their health, but it also improved the company’s bottom line – over a one year period, Schneider National saved $530 per month per driver in insurance costs and saw a 71 percent reduction in accidents involving those drivers during the same period.
An article in Today’s Trucking shares the story of Jason Janneta a 42 year old trucker who had been driving for 20 years and was a poster boy for the statistics – overweight and unhealthy. Fed up, he decided to make a lifestyle change. Within six months of embracing a healthier lifestyle he had lost 80 pounds. During this period he had also taken to Twitter to share his experience and to motivate other truckers to adopt a healthier lifestyle, lose weight, and improve their health.
Tweeting as @urbanhauler with #fittrucker, Jannetta captured the attention of other truckers (he quickly grew his followers to more than 1,500) and the attention of Jared Martin, the President of Speedy Transport.
Martin recognized the value of Jannetta’s efforts and of #fittrucker – healthier individuals, a healthier bottom line, and opportunity to attract new drivers.
According to Martin:
“I really enjoyed a lot of his posts and what he was trying to do for the industry, so we brought him in for a meeting.”
The two discussed the role of health and fitness on the future of the transportation industry. The next day, Martin offered Jannetta a job at Speedy Transport – Driver Trainer and Wellness Advisor. Martin accepted the position and now tweets for @speedywellness where he brings “#trucking and #fitness/#wellness together.”
Speedy Transport is one company which has recognized social media as a business tool and has moved far beyond the social media starting line. The Twitter profile of @speedywellness rightly points out “we #ChangeTheGame of #Trucking.”
by Jennifer Hart Yim | Jun 5, 2014 | Blog, Manufacturing & Distribution, Strategy, Supply Chain
This article is part of a series of articles written by MBA students and graduates from the University of New Hampshire Peter T. Paul College of Business and Economics.
By now we have all heard the story of GM’s faulty ignition switches that are being linked to thirteen deaths and thirty one front-end collisions. The ignition switches in car models: Chevy Cobalt; Chevy HHR; Pontiac G5; Pontiac Solstice; Saturn Ion; and Saturn Sky, lacked the torque specs required by GM engineers. Heavy key chains, bumpy roads, or an accidental knee hit were all reasons reported that could cause the ignition switch to rotate to the off or idle position. Once this happened, the driver would lose control and the air bags would fail to deploy if a front end collision occurred. A total of 2.6 million vehicles were recalled, of that 2.2 million were in the United States. For this type of recall, GM was not requiring vehicles to go back to the manufacturer or be disposed. Rather, a more robust key ignition was distributed to all authorized GM dealerships and customers were told to bring their cars to the local dealership and a new ignition switch would be put in for them.
Despite the massive recall and all the negative publicity that goes along with such an event, GM still posted positive numbers in their quarterly earnings. GM posted an operating income of $0.5 billion for 1Q14, which is included the $1.3 billion recall-related charge. Furthermore, GM controlled approximately 17% of the U.S. market share. After the ignition switch incidents started to gain traction, GM swore to reorganize their global engineering department, and they did. So, if GM’s sales profitability is surviving, their negative press contained, and their market share intact, what exactly went wrong?
Two-thirds of General Motors automotive costs in 2014 are from supplier sourced parts. However, this was not always the situation. Back in 1999, GM underwent an extensive effort to disassemble their vertical integration in hopes of reducing overall costs. At this time, Delphi Automotive was owned by GM, but separated during the same year. For decades, GM was Delphi’s only customer, and even when Delphi executives knew GM was going to make them a public company, they were only able to move 22% of their business to other customers. When GM officially made Delphi a public company, 82.3% of their shares went to GM shareholders. That means that only 17.7% of Delphi was sold to public investors. In order to survive as a company, Delphi had to start making cost reduction decisions. To do this, companies often lay off employees and make cheaper parts, Delphi was no different. Now during this same time period, GM executives were focused on focused on costs reductions and were driven by numbers, hence the selling off of Delphi. It should be noted that if a company sells off their single largest parts supplier, fully aware that the move may cause the supplier to go belly up, there will be some strained relationships. Delphi was now thrown into a position where they must compete with other parts suppliers for GM’s business. An important part of the deal GM made when selling off Delphi was to keep all current supplier contracts. In addition, GM gave Delphi the opportunity to match any competitor’s bid until 2002. The earliest model of a recalled GM car was 2003.
Strained supplier relationships are not ideal for business, but should not affect the quality of a product, such as an ignition switch. Let’s fast forward to 2008. Delphi had declared bankruptcy three years prior and GM was beginning to pull them out of their financial burden. A contract was found between GM and Delphi that was drafted in 2008. The document is a little difficult to follow, but there are a few interesting lines in Section 5.09 Product Liability Claims. It appears that, GM said they would share the blame with Delphi for any claims against them. However, GM would not be held responsible if one of Delphi’s parts, or a part made for Delphi by a third party, fails. The contract continues on to say that GM would pay any legal fees if a claim was made against Delphi, but Delphi must defend GM through a potential lawsuit. This contract was drafted and signed in 2008, during which Delphi was bankrupt, so it appears they had little negotiating power.
This raises concerns specifically about the ignition switch specs. It came out that GM officials knew the ignition switch they purchased from Delphi was not up to their standards. After some more research, an email transaction between Delphi officials in regards to the plunger, the vital part that holds the key slot in place with a spring, and the ignition switch. At the end of the document, the original engineer drawings are attached. From the technical drawings it can be seen that Delphi did in fact outsource the design specs, and possibly the manufacturing, for the plunger design. Another document, that was preceding the email transaction, appears to inform GM that the plunger part was changed and the responsibility of the supplier is “closed”. This could have been a legal move meant to save Delphi if any claims were made related to these parts.
After all of this evidence, where does the blame lie? It would appear that GM used their powers to force Delphi into a contract that held them responsible for any claims against their products. While Delphi did warn GM that the torque requirement for their ignition switch did not meet GM’s requirement, it is unclear whether or not a verbal warning will play into the legal battle. This case is currently ongoing, and it will be interesting to see how it plays out.
Connor Harrison holds a B.S.M.E and MBA from the University of New Hampshire.
by Elizabeth Hines | Jun 3, 2014 | Blog, Marketing, Social Media, Strategy, Supply Chain, Transportation & Trucking
Many companies within the logistics and supply chain industries are stuck on the social media starting line. The reason – “they can’t get past the word ‘social’ and the perception it creates.” The reality is that social media is a tool that can be utilized to create value and grow your business.
Over the next four weeks I will be providing examples of companies within the logistics and supply chain industries who have moved beyond the social media starting line and have realized the business value of participating in social media.
Using social media to move freight
Transportation logistics is vital to the supply chain and logistics industries. For companies within these industries; however, transportation logistics can prove to be challenging to navigate and can prove challenging to the bottom line.
MercuryGate International Inc. and Con-way Inc. are two companies that have used social media to turn transportation logistics on its head – they use social media to move freight.
TweetLoad
Con-way Multimodel, a division of Con-way Inc., launched TweetLoad™ in 2010. TweetLoad enables carriers to access available loads from Con-Way Multimodel via Twitter. Carriers who follow @ConwayTweetLoad on Twitter are able to see the latest available shipments as well as links to additional information on the company’s link board. Load information is updated on Twitter every 15 minutes, meaning that carriers who follow @ConwayTweetLoad have real-time information on available loads.
Figure 1: Conway TweetLoad
Bill Graves, president, American Trucking Associations (ATA): “With this novel use of Twitter, Con-way Multimodal is leading the industry in maximizing the best features of new technology to improve their processes. This is a great example of how innovative transportation companies can make it easier for carriers to do business with them, which will be a benefit to our industry overall.”
View a YouTube demonstration of TweetLoad at www.youtube.com/watch?v=0zL7h7kTU1M.
Freight Friend
In 2011 MercuryGate International Inc. launched Freight Friend. Freight Friend is a free relationship-based full-featured load and truck internet posting service for shippers, brokers and carriers. Freight Friend creates a private network between transportation partners, and utilizes technology to automatically identify appropriate matches. The combination of the technology utilized and the relationship-based nature of Freight Friend allows companies to have real-time visibility to book trucks and find freight with companies they trust.
The Freight Friend concept is shown in Figure 2.
Figure 2: Freight Friend
“FreightFriend is perfect for carriers, shippers, brokers, 3PLs and freight management firms who only want to share information with companies they trust. They can keep their current information in one place, knowing that friends – and only friends – will have constant access. While public load boards fill a real need, they come at a cost – a lot of unknown companies bidding to carry the freight. Private boards are often useful too, but they’re inconvenient to carriers with multiple clients asking them to check their bid portals. FreightFriend solves the dilemma with a single service where carriers can easily communicate with all of their clients and brokers can find available capacity from carriers they trust.”
Freight Friend is fully integrated into MercuryGate’s TMS and Carrier Management System (Carma). Freight Friend is also available to integrate with other TMS providers.
by Elizabeth Hines | May 25, 2014 | Blog, Logistics, Marketing, Social Media, Strategy, Supply Chain
Some companies within the logistics and supply chain industries have chosen to participate in social media while others have not. Why have some companies chosen not to participate while others have decided to participate? What social networks do companies within the logistics and supply chain perceive to provide the most value to their business? What challenges do companies face with respect to social media?
Fronetics Strategic Advisors aims to gain insight into these questions and more. We are conducting a survey on social media within the logistics and supply chain industries. The objective of the survey is to learn about the participation and use of social media within the logistics and supply chain industries.
The survey is aimed at companies within the logistics and supply chain industries, and takes only about 5 to 10 minutes to complete.
This survey is confidential. Responses will be reported in aggregate and no individual- or company-identifiable information will be shared with anyone.
If your company is part of the logistics or supply chain industries please take the time to take the survey.
by Elizabeth Hines | May 15, 2014 | Blog, Consumer Electronics, Content Marketing, Marketing, Social Media, Strategy, Supply Chain
Curating content is an essential component of your content strategy and to demand generation. Content curation can help you grow your business by establishing your business as a thought-leader within the industry and as a trusted resource.
Here are four factors to doing content curation successfully:
Know your audience
Identify your audience. In many cases your target audience is your company’s buyer persona.
Take the time to know your audience. For example, take the time to understand what type of information and/or resources they are likely to be looking for, learn what platform(s) they are most likely to use (e.g. Twitter, LinkedIn, Facebook), learn their interests, and learn their passions.
Be relevant
Curate content that is relevant to your audience. The content you curate should provide your audience with value and knowledge.
Quality, quality, quality
Content can be stuff. Content can be clutter. If you want the content your business curates to stand out, you make sure the content you curate is quality – every time. Quality is a differentiator.
Be consistent
Share content on a regular and consistent basis. This will not only increase your visibility, but it will also establish you as a trusted resource – as the go-to resource for information and for knowledge.
This article also appeared on DC Velocity.
by Jennifer Hart Yim | May 8, 2014 | Blog, Marketing, Social Media, Strategy, Supply Chain
This is the third in a series of blog posts written by Adam Robinson, Director of Marketing at Cerasis. Founded in 1997, Cerasis is a top freight logistics company and truckload freight broker.
Now that you know about how to create a strategy, you have to execute it. This means content creation, content curation, and using the best tools possible to be effective.
#1: Content Planning
Categorize Target Audience By
- Industry: For example, we knew that within our target audiences, we had the following industry categories: Manufacturing, Distribution, Supply Chain, Logistics, Transportation
- Job Function: Next you then need to understand who are the buyers and what are their personas? Once you do this, you can weave in messaging into your content that speaks to all of them. At Cerasis, we knew our job titles were: C-suite, Managers, Employees
Create Content to speak to categories
Now that you have the categories, it’s time to create and plan for content. When you are coming up with topics, make sure you write the categories down and start creating headlines and doing research in those categories. You will notice on the Cerasis blog that there are broad categories like you see from the ones stated above, but over time we started shifting towards creating sub categories of those broad categories (e.g. Reshoring under manufacturing, or inbound logistics under logistics).
Ways to Generating Content Ideas
- Internal Interviews and Brainstorms
- Use an RSS aggregator such as feed.ly so you can curate articles and start to better understand the marketplace
- Be active in Social and Notice Most Shared
Using a Calendar
Whether you are doing one post (or more) per day or just one per week, a calendar is vital to long term success. If you don’t know what you are writing about each day, it is really easy for you to NOT write it and NOT achieve your goals. Content marketing is an ongoing project plan, and you can use tools such as Asana to have multiple people share the same workspace and work through the content.
Look out for Guest Bloggers
Another great idea for scaling content marketing and not burning out is to reach out to influential bloggers to guest blog for you. Or these can be other companies who are noncompetitive but share a similar target audience. We have had several guest bloggers that line up nicely and are relevant to our content categories. However, don’t take anyone that doesn’t add value to your readers. Think like a publisher and protect yourself from those spammy guest bloggers. You also must be proactive in networking and reaching out in social platforms as you establish relationships online such as on LinkedIn and Twitter.
#2: Content Creation
This is really where most companies get stuck. At Cerasis we leverage our employees and interviews to help get content written. You can also use great ghost writing services if you would like, but I would urge you that you write in house, as you know your authentic voice. The key is to stick to a regular schedule. Sporadic posts are going to find it difficult to build an audience. Think about your TV guide and the schedule of shows. You don’t always have to watch it the day it airs, but at least you know that it will be there.
#3: Content Distribution
If a tree falls in the woods, and no one is there to hear it, does it really make a sound? This old adage is very true when it comes to content and social media marketing. If you are not posting your content in any of the social media channels or online communities, then you are not going to be effective either. Even with search engines out there crawling your new content, search engines are now favoring social signals from sites like LinkedIn, Twitter, and Google+.
We recommend the following tools to use to distribute your content:
- Oktopost: This is a fantastic platform for distributing content as well as analyzing your performance. Their strong suite is the ability to post into multiple LinkedIn groups and mimic the categorization of your content through tagging of your groups. You can also post to many platforms such as Facebook, Twitter, LinkedIn pages, profiles, and groups, Google+ and more. Our favorite feature is the Autoposter. This feature allows you to load up a cache of content and set a schedule in the future so you don’t have to use resources to post every day. In one sessions you could set up a 30 day posting schedule right in the platform and view on a calendar!
- Buffer: This platform is great for content curation. You can load in your social profiles and then set pre-determined times on any day. We really love buffer for mostly Twitter, since Twitter is much like a newspaper where you go to find all the latest news and articles on topics of interest to you. Each morning we load up our RSS aggregator, feed.ly, and buffer all the best articles for our audience.
- Feed.ly: We love feed.ly as it allows to mimic (again) our content categorization but for other sources! It’s also a great way to find other blogs and influencers in your space you can network with and potentially guest blog for. All you have to do is search for content by keyword, add them in the respective category and bam, in one platform you have your own customized newspaper from which you can curate content. It’s got the buffer app loaded in so you can easily add articles to your buffer. This is also a great way to find new ideas for content and keep you up to date on your industry!
- Tweetdeck: This platform is owned and maintained by Twitter, but allows you to not only post to and monitor your account, but also allows you to monitor industry hashtags, such as #manufacturing or #logistics so you can start to follow and interact with those in your target audience. It’s a great tool and we recommend using it!
