About this Presentation
The global logistics industry has its origins in sail and horse and cart and while these modes of transport have long since been replaced, many of the work practices of the industry still have carry over from those days. International trade, in particular, is controlled by the myriad of regulations that governments have implemented which adds additional inertia to improving productivity. Today, the industry is still very much mired in cost world thinking, where margins on individual shipments and trade lanes are dominant. Making a meaningful change to the productivity of global supply chains will require considered thought, innovation and massive action on a global scale.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
WiseTech Global has grown significantly, with a rise in EBITDA, a measure of profit, by more than 10 times to 319 million. The company has a strong TOC culture and has trained about 200 staff in TOC.
WiseTech provides international logistics solutions through a platform called CargoWise One. The company chose this industry due to its complexity and the opportunity to fix deep-rooted problems.
The company has done a lot of acquisitions and has developed a strategy to integrate them effectively using TOC.
Instructor(s)
Richard White
Richard White CEO and Founder Richard has been CEO and an Executive Director of WiseTech Global since founding the company in 1994. Richard has more than 35 years of experience in software development, embedded systems and business management and over 25 years of freight/logistics industry experience. Prior to founding WiseTech Global, Richard was founder and managing director of Real Tech Systems Integration (a provider of computer consulting and systems integrations services) and founder and CEO of Clear Group (a distributor of computer related equipment). Richard holds a Master of Business in Information Technology Management from the University of Technology, Sydney (UTS). He is a UTS Luminary and a Fellow of UTS.