Social media as a “strategic weapon” for the supply chain industry

Social media as a “strategic weapon” for the supply chain industry

Many companies within the supply chain industry do not participate in social media because “they can’t get past the word ‘social’ and the perception it creates.”  Companies with this mindset are at a disadvantage.

The supply chain industry is, by nature, an industry that is built on relationships, partnerships, cooperation, networks, and on communication.  Being social is vital to the success of companies with the supply chain industry.  Social media is a platform that is well poised to meet the needs and demands of the supply chain industry – and to help companies within the industry grow their business.

Social media is a tool that can be used be the supply chain industry for: risk management, business intelligence, recruitment, lead generation, engaging with current and prospective customers, attracting new customers, improving productivity, problem solving, and establishing your company as an industry leader.  Moreover, social media can be used as the foundation for a new business model.

Clara Shih, CEO and Founder of Hearsay Social, and Lisa Shalett, Managing Director and Head of Brand Marketing and Digital Strategy at Goldman Sachs, write:

Social media is perhaps best thought of as a set of new and innovative ways for businesses and customers to do what they have always done: build relationships, exchange information, read and write reviews, and leverage trusted networks of friends and experts.

Similarly, Tony Martins, President of Tony Martins & Associates, notes that:

Supply chain executives should look at the social model of collaboration that can be enabled through social media as the most significant strategic weapon in supply chain optimization today. It liberates them from the rigid framework of functional structures and client-supplier relationships. It is the best way I’ve seen to keep the supply chain moving quickly, in spite of the many problems that will always occur.

Still skeptical?  Look at companies who have successfully leveraged social media.  Or, as Shih and Shalett suggest: “As you contemplate the risks and rewards of social media, we would suggest that the key ingredient for evaluation is simply to experience it for yourself.”


Interested in learning more about social media and the supply chain industry?  Download our white paper: “Social Media and the Logistics and Supply Chain Industries: Why Not Participating is a Risk You Can’t Afford to Take.”Fronetics Social Media White Paper

 

How your business can use social media to find new leads

How your business can use social media to find new leads

Leads are essential to the growth of your business.  Social media is an effective way to find new leads.

Social media allows you to find new leads by doing something called social prospecting.  Social prospecting is the art of searching the social web, identifying potential prospects for your business, and engaging them in a manner that draws them to your company’s website and through your funnel.

Social prospecting

At the core, social prospecting is about listening.  It is about listening to social media conversations in order to generate leads for your business. It’s beyond monitoring keywords. It’s about engaging people that may or may not know what your business can do for them.

Workbook

We’ve identified the quickest way to find potential prospects on Twitter, Facebook, LinkedIn, Pinterest, and Google+ and compiled them in a workbook. Every worksheet includes: a short preparatory work to make the actual prospecting easy; visual instructions on how and where to find prospects; pro tips that will help you get the best results; prescriptions (Marketing Rx) for success; and take-home exercises for follow-up prospecting

Get started

Want to get started?  Simply download the workbook.
social prospecting workbook

How the supply chain can use social media as a tool to hire great talent

How the supply chain can use social media as a tool to hire great talent

Hiring the wrong person is a costly mistake not only financially, but also in terms of team morale and productivity.  Making the right hire is crucial.

Research conducted by the PewResearch Internet Project found that in 2013 73 percent of online adults used a social networking site of some kind.  The percentage is even higher for job seekers – 89 percent.  Given the high prevalence of use, it is likely that your talent pool is on at least one social networking site.  Hiring managers and HR professionals within the supply chain industry should use this reality to hire great supply chain talent. great talent

Social media is increasingly being used by hiring managers and HR professionals in their hiring process.  More than one third of employers use social media in their hiring practices, here’s why you should follow suit.

A study conducted by CareerBuilder.com found that 65 percent of employers who use social media to screen candidates do so to see how the candidate presents themselves professionally.  Fifty-one percent of employers used social media to see if the candidate would be a good match for the company’s culture, and 45 percent reported that they used social media to further research the candidate’s qualifications.

Of those employers who use social media in their hiring process, 34 percent reported that they found content that resulted in them not hiring a candidate.  Close to 50 percent of reported that they did not hire a candidate because of inappropriate material in their profile, and 45 reported they did not make the hire because of indications of drinking and/or drug abuse. Other negatives found by the employer were poor communication skills, criticizing former employers, and making prejudicial comments.

A candidate’s social media profile and use can also provide employers with information that can push a candidate to the top of the list.  Approximately 29 percent of employers reported that they hired a candidate because their social media profile supported professional qualifications and/or contained a great reference about the candidate.  Additionally, employers reported that they hired a candidate because their social media profile showed that the candidate was creative, well-rounded, or had great communication skills.

One thing to keep in mind – all  information found online and via social media needs to be treated in the same manner as information found via traditional sources.  All hiring practices must abide by state and federal laws relating to fair and equal hiring.

Social media is a great tool that can assist hiring managers and HR professionals hire great talent.

Logistics industry start-ups leverage social media

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 fifth 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.

Logistics industry start-ups leverage social media

Social media allows for instant connections and communication.  Two start-ups, Trucker Path and Keychain Logistics, have created solutions for the logistics industry which leverage these characteristics of social media.

Trucker Path

Launched in February 2013, Trucker Path is a mobile platform for the trucking industry which connects shippers and carriers, and provides crowdsourced logistical assistance.

Specifically, the Trucker Path app (available via iOS, Andriod, and Web) enables carriers to find truckloads, shippers to move their cargo, and for truckers to get crowdsourced logistical information such as the locations of truck stops, rest areas, and information on weigh stations.

Keychain Logistics

Keychain Logistics uses technology to automate the marketplace and match shippers with carriers.

The Keychain Logistics app (available via iOS, Andriod, and Web) provides instant communication between shippers and carriers – eliminating the need for human powered brokerage.

Both Trucker Path and Keychain Logistics have recognized that there is more to social media than socializing – they have recognized that social media is a business tool.

Social media gets customers for the logistics and supply chain industries

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 fourth 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.

Cerasis is a top freight logistics company and truckload freight broker.  During the company’s first 15 years it focused on traditional sales and marketing strategies and relied heavily on referrals. This strategy worked.  Cerasis acquired new customers, retained current customers, and realized positive growth.  However, Cerasis was not viewed as an industry leader, and brand awareness was low.

In 2012 Cerasis decided to participate in social media and launch a content marketing strategy.

Cerasis began actively blogging, and began using Twitter, LinkedIn, Facebook, Pinterest, and Google+.  The company quickly became seen as a leader within the industry, and brand awareness increased dramatically.

Within 15 months the company received 71 leads from search engines, 65 leads from social media, and 52 leads from webinars.  Even more impressive, within 15 months the company gained 35 customers (one customer within the freight logistics industry can mean a lot of revenue).

The results show that Cerasis is no longer on the social media starting line – rather, Cerasis is now a leader, not only in the freight logistics industry, but also in using social media as a business tool.