January 12, 2023

“More than a Feeling” – The Power of Data in Supply Chain Management

Author: Stockpile Reports

We’re excited to share that Stockpile Reports’ very own CEO, David Boardman, was recently a guest on the ROCKCAST podcast. David joined hosts Dirk and Paul to discuss the importance of data in supply chain management and how Stockpile Reports’ innovative solutions are helping companies streamline and optimize their operations. He stressed the fact that legacy tools and gut feeling can lead to inefficiencies and stressed out employees.

Real World Examples

David gave a real-world example of an aggregates dispatcher who takes calls from internal ready-mix plants and external customers. He explained that while they have insights into orders in motion, they are often flying blind when it comes to inventory on the ground and consumption rates. This can lead to inefficient dispatch plans, frustrated customers, and unhappy employees.

One of the key takeaways from the conversation was the emphasis on precise data in inventory management. David emphasized that many bulk materials producers still use a combination of legacy tools and gut feeling and that this can lead to a host of problems. He highlighted the importance of data-driven decision making and real-time operations, particularly when it comes to larger truck fleets.

Behind the Music

David also shared the story behind the choice of the song “More Than a Feeling” by Boston as it relates to supply chain management. He explained that the song is about the nostalgic feelings that old familiar music invokes in us. He emphasized that while nostalgia is a powerful tool, bulk materials producers should not tune into the past when it comes to running their supply chains. They should embrace new technology and data-driven strategies to create a more efficient, precise, and profitable supply chain.

Here at Stockpile Reports, we’re proud to offer continuous stockpile measurement from installed cameras at ready-mix and asphalt plants. This innovative solution help companies streamline and optimize their supply chain operations. Our real-time inventory management solution provides valuable insights and actionable data to help make better, more informed decisions. By utilizing our technology, companies can improve their efficiency, reduce costs, and increase profits.

If you haven’t had a chance to listen to the podcast yet, this episode is not to be missed. So tune in and turn up the volume!

Tune into the podcast here: https://www.inform-software.com/logistics/building-materials-logistics/the-only-podcast