Economies of Scope Not Scale: A Conversation with Dr. Chris Caplice
Manage episode 470799927 series 3503508
Welcome back to More Than a Broker.
In this conversation, Spot Co-founder Andrew Elsener and Dr. Chris Caplice, Executive Director of the Massachusetts Institute of Technology’s Center for Transportation & Logistics and Chief Scientist at DAT Solutions, discuss the evolution of freight transportation, the importance of optimization in RFPs, and the dynamics of market visibility.
Chris shares insights from his unique journey from civil engineering to transportation, emphasizing the significance of consistency over volume in freight management. They explore the challenges of dynamic quoting, the efficacy of routing guides, and the impact of market volatility on shipping strategies.
The pair discuss the evolving landscape of freight management, emphasizing the shift towards dynamic solutions and the importance of relationships in transportation. They explore market trends and predictions for 2025, highlighting the impact of technology and education in supply chain management.
Andrew and Chris also discuss the industry's challenges and innovations, particularly the pandemic's effects on market dynamics.
27 episodes