FreightWaves LIVE recap: The evolution of visibility 2.0

Turvo leader describes new focus for supply chain resilience

Grace Sharkey and Ketan Karkhanis from Turvo during the FreightWaves LIVE @HOME event.

This fireside chat recap is from Day 1 of FreightWaves LIVE @HOME.

FIRESIDE CHAT TOPIC: Visibility 2.0: Spotting opportunities in a rapidly changing market

DETAILS: Logistics leaders need real visibility into their supply chains, as the many disruptions of the past year demonstrated. Ketan Karkhanis and FreightWaves’ Grace Sharkey discuss critical industry trends, the next generation of visibility and how to spot opportunities in a rapidly changing market.

SPEAKER: Karkhanis is the chief product officer at Turvo.

BIO: Karkhanis leads product management, design, engineering and customer success at Turvo. He previously spent 10 years as a product executive at Salesforce. He advanced through the ranks to serve as the senior vice president of product and GM for Einstein Analytics at Salesforce, responsible for driving all aspects of the Analytics Cloud business.

KEY QUOTES FROM KARKHANIS:

“I don’t think of it as capacity deficits, I think of them as customer expectations deficits. Every time you have a capacity problem, you have a customer experience problem. COVID shed the light on that.”

“Boards are finally saying, ‘What are we doing to embrace this new hybrid economy?’… Half of the companies in the world are not ready for this. They are not ready because they have not digitized their supply chain.”

“Turvo customers did not skip a beat during the COVID pandemic. … The fundamental reason why they separated themselves from the pack was one simple data point. Seventy percent of supply chain actors needed to execute on your supply chain are not within the four walls of your company. … [Turvo customers’] visibility was within their four walls.”

“[In regard to technology investments] don’t buy a flip phone, buy a smartphone.”

Click here for more articles by Grace Sharkey.

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Grace Sharkey

Grace Sharkey is a professional in the logistics and transportation industry with experience in journalism, digital content creation and decision-making roles in the third-party logistics space. Prior to joining FreightWaves, Grace led a startup brokerage to more than $80 million in revenue, holding roles of increasing responsibility, including director of sales, vice president of business development and chief strategy officer. She is currently a staff writer, podcast producer and SiriusXM radio host for FreightWaves, a leading provider of news, data and analytics for the logistics industry. She holds a bachelor’s degree in international relations from Michigan State University. You can contact her at gsharkey@freightwaves.com.