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Over 53% of 3PLs and 75% of Manufacturers, Distributors and Retailers view distribution logistics "only" as a cost center, according to a Modex study. Contrary to mistaken beliefs, we've learned the 2 key drivers of differentiating from your competitors, AND accelerating growth, are directly driven by your supply chain. These are:1. Customer Experience, and2. Inventory TurnsFor BioTech firms delivering $1MM life-saving machines into hospitals & research centers, customer experience is crucial. The same is true in eCommerce, where critical care is the difference between repeat sales & lost clients. Additionally, inventory turns are shown to have a 77% correlation to profit (credit Modex). This is why logistics is truly a Profit Center, but only when approached strategically.Most 3PLs believe "visibility" means knowing where your freight is, and they expect each of your departments to manage their own flow of information. But without mutual, proactive forecasting, shippers run into persistent difficulties with delays, damage, securing capacity, special handling, urgent windows, and even time consuming quote-book-track-audit & returns processes.When these disruptions happen, everyone is impacted. Field Engineers may need to reschedule several customers. Customer Service plays damage control, while Operations finds a root cause. Freight damage is a worst-case, doubling ship costs and requiring returns. If this happens with a Trade Show, new relationships are missed. Quality and Supply Chain search for a solution, and Leadership watches productivity, margin & revenue plummet.Ultimately, we find this is because most 3PLs do not proactively synchronize visibility across your departments. Only through collaboration, can global & regional shippers reach beyond "reducing cost" to drive lower risk and accelerate growth. In these scenarios, they can achieve 98-100% on time performance, with as little as 1 damage in 4 years. Read on to see what I mean:• Below in section 1 of my profile, see how medical-tech distributors eliminate disruptions to lower costs while accelerating inventory turns• Below in section 2 of my profile, see how retailers maximize Customer Experience to lower costs while increasing repeat-buyer sales growthIf you experience these challenges or have unique needs, let's connect & discuss. Once I can understand your goals, I would be glad to help you locate best practices for achieving similar goals in your industry.
Estes Forwarding Worldwide, Llc (Efw)
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Global Solutions ManagerEstes Forwarding Worldwide, Llc (Efw) May 2017 - PresentRichmond, Virginia, UsI have personally seen the impacts of supply chain disruptions on a shipper’s time, profit, and inventory turns. Delays and damages don’t just impact one end-customer, because the fall-out of:• finding a root cause• identifying a solution• playing damage control with clients, and• dealing with returns, re-inspection, reshipping & rescheduling…can eat up to 4 hours from 6 or more of your departments. These include: operations, sales, customer service, quality, field engineers, and leadership. Time is money, so each hour you spend “reacting” to problems, is also an hour you cannot “proactively” grow your business. When you are stuck re-handling previous shipments, new inventory stops turning.The issue is that most 3PLs only look to reduce costs in the short term (as shown in the attached graph), and do not consider how changes impact productivity in your teammate’s departments. Only by eliminating double-work from disruptions, can shippers protect their time to focus on:• new customers• new shipments, and• accelerating inventory turns & cash-to-cash cyclesIn one example with a leading BioTech firm, the “price savings” recommendations of Top 10 US Forwarders would have prevented $225,000+ worth of savings over 3-5 years. Due to a lack of visibility to potential challenges and solutions, productivity was also limited which slowed inventory turns. That is exactly why the average relationship between a Shipper and 3PL only lasts 2-3 years.However by implementing proactive quality control, they were able to increase their On-Time Performance by an additional 7% sustained over 5 years. This way, costs saved through RFP’s were no longer being drowned-out by time spent reacting to disruptions. -
Account ManagerEstes Express Lines Jan 2011 - May 2017UsResponsible for:• Developing and implementing strategies to maintain and/or expand sales and promote Estes transportation services within an assigned territory• Providing reports on the sales activities for a given period of time • Interfacing with the customers to understand the customer's overall objectives and requirements• Contacting customers on a regular basis to maintain account relationships • Advising customers of Estes' new product and services offered and obtains feedback on service products• Sharing details with customers on additional offerings to provide value added services• Expediting the resolution of customer concerns • Preparing and conducting service presentations to the customer • Promoting world-class customer care throughout the terminal • Meeting and exceeding predetermined sales goals and objectives and reports on progress weekly Company Overview:Estes Express Lines has been family owned and operated since 1931, Estes is a full-service freight transportation provider offering an entire range of professional, high-performance supply chain solutions for customers around the globe. Supported by a team of knowledgeable employees with significant experience in the company and the industry, Estes’ local customer care philosophy sets it apart as a company dedicated to consistently exceeding expectations. -
Business Development ManagerItac Solutions Jul 2007 - Jan 2011Birmingham, Al, UsITAC Solutions is a Professional Recruiting Firm headquartered in Birmingham, Alabama. Our firm specializes in the area of Information Technology, Accounting, Office Administration, and Executive and Retained Search. Our approach is quite simple. First, we partner with our clients in order to understand their specific needs. We then use our resources and experience to locate the most qualified professionals that can make an immediate impact within your organization. Simply put, we desire to develop a true partnership, enabling you and your organization to focus less on recruiting processes and more on your core business.What to Expect From ITAC SolutionsAt ITAC Solutions we conduct ourselves in the highest ethical manner with your needs as our central priority. We can be at your office in minutes to help determine or assess the talent and experience needed to keep operations running smoothly. Whether your needs are contract, contract to hire, or direct hire, ITAC Solutions will deliver.
Ian Reid Skills
Ian Reid Education Details
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The University Of AlabamaAccounting
Frequently Asked Questions about Ian Reid
What company does Ian Reid work for?
Ian Reid works for Estes Forwarding Worldwide, Llc (Efw)
What is Ian Reid's role at the current company?
Ian Reid's current role is Providing customer focused companies with logistical solutions to eliminate disruptions and accelerate sales growth in a rapidly changing environment..
What is Ian Reid's email address?
Ian Reid's email address is ir****@****ess.com
What schools did Ian Reid attend?
Ian Reid attended The University Of Alabama.
What skills is Ian Reid known for?
Ian Reid has skills like Business Development, Sales Management, Cold Calling, Sales, Sales Operations, Freight, Trucking, Transportation Management, Customer Service, Employee Relations, Account Management, Contract Negotiation.
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