#07: Tom Schmitt Board Member – Contract Logistics and Global Chief Commercial Officer for DB Schenker

#07 Tom Schmitt Board Member - Contract Logistics and Global Chief Commercial Officer for DB Schenker

This is episode #07 and I am happy to have Tom Schmitt Board Member – Contract Logistics and Global Chief Commercial Officer for DB Schenker on the Podcast.

DB Schenker is one of the top 3 global 3PL companies in the world with operations in 140 countries. As the Management Board Member responsible for the $3bn+ Contract Logistics business, Tom is in charge of a global team of 22,000 logisticians with continued and accelerated profitable growth. In the first year of Tom’s leadership, DB Schenker Contract Logistics grew by 17 percent topline and saw a 20 percent growth to the bottom line. Tom has served also previously as President and CEO of Purolator in Canada, as well as had a long career in FedEx, having led as CEO the supply chain division. Also, Tom is a published author, having written the leadership book Simple Solutions: Harness the Power of Passion and Simplicity to Get Results. Which a great resource of leadership principles.

Stay tuned as we cover:

  • Top strategic directions that Schenker is trying to achieve in the next years. The top goals in the company by 2020.
  • Contract Logistics. Where does Tom see the emerging markets.
  • How DB Schenker customers expect them to use all the information, data, that we have to their advantage. Using big data and capacity planning.
  • The importance of – People, service, profit in that sequence.
  • Talking about left brain and right brain. How to access both types of thinking.
  • Advice for a 23 year old finishing collage – Think of your first move and your second move as an option expanding move.

Transcript here – Downloador read it here

 

The interview is split into 3 parts – so if you want to skip directly to the point  of interest please go ahead:

  • [01:18] Part 1: Industry Trends
  • [17:10] Part 2: Talent and Recruitment in Supply Chain and Logistics
  • [28:59] Part 3: Personal success stories and habits

Episode #07: Tom Schmitt Board Member – Contract Logistics and Global Chief Commercial Officer for DB Schenker

 

Show notes:

 

Part 1 – Industry Trends:

  • [01:18] Top strategic directions that Schenker is trying to achieve in the next years. The top goals in the company by 2020?
  • [04:41]  Technology is rapidly transforming the industry. Which technology trend do you think will have the most impact by 2020?
  • [07:20] What are the challenges DB Schenker is faced when implementing and adapting and transforming?
  • [09:58] Current changes that your clients are struggling with at the moment and how is DB Schenker’s currently addressing some of them?
  • [12:12] Contract Logistics. Where do you see the emerging markets?
  • [12:44] On building a new regional office near the largest airport in the world that is build in Dubai.
  • [15:26] If you were an investor, which logistics technology-related start up would you invest in and why?

Part 2 – Talent and Recruitment:

  • [17:10]  What types of skills are you actually focused on finding, developing or importing into DB Schenker?
  • [17:44] Talking about the logistician of the future.
  • [20:39] How our customers expect us to use all the information, data, that we have to their advantage. Using big data and capacity planning. 
  • [23:40] How you select your leadership team. What type of attributes are you looking for when it comes to appointing one of the top leaders in your team?
  • [24:00] The importance of – People, service, profit in that sequence. Talking about the right people who can react accordingly in difficult situations – geopolitical or natural disasters (ex: Hurricanes)
  • [26:44] Culture. What would be some of the top elements and mindsets, that you’re trying to instill and enforce?

Part 3 – Personal success stories and habits:

  • [28:59] Any other principles you follow in your day to day work, in your leadership work?
  • [29:32] Talking about the boy scout notion of leaving a place better than you found it.
  • [32:00] Habits that contributes to your success? Do you do something on a regular basis?
  • [32:23] Talking about left brain and right brain. How to access both types of thinking.
  • [34:05] Which book do you typically give to people?
  • [35:22] Any supply chain resources, websites, reports that you use to keep yourself updated with the latest development in the industry?
  • [37:03] If you could give some advice to 23-year old graduating university wanting to achieve a great career in logistics, what would it be?
  • [37:18] Advice for a 23 year old finishing collage – Think of your first move and your second move as an option expanding move. 

Transcript:

Download do transcript of our discussion here – Download – or read it here