MonarchFx has evolved as a result of The Great Recession. The Great Recession of 2008-2010 had a huge impact on all businesses and their supply chains. Tompkins International, a successful supply chain consulting and implementation firm began working in 2010 on approaches of creating more adaptive supply chains. The early work focused across industries, but by mid-2011 it became clear that adaptation was different for each industry. By 2012 Tompkins landed on Retail as an industry where substantial disruptions were occurring and this work resulted first in “Retail at a Crossroads”, then the video “The Amazon Effect” and then a deep dive into the future implications of Amazon on the retail industry. Thanksgiving, 2012 was a time of deep reflection and the idea for a collaborative retail model having great synergy was born. This retail model would evolve and emerge 3 years later as MonarchFx.
The year of 2013 was spent on gaining a more full understanding of the differences between Distribution Centers (DCs), Fulfillment Centers (FCs) and combined DCs/FCs, Order Management Systems, speed of Final Delivery, our concept of “Get Local” and the impact of all of this on Retail, Industrial Distribution and Consumer Products. White Papers on “Industrial Distribution at a Crossroads” and “Consumer Products at a Crossroads” were published. The “Crossroads” concept began the understanding of how radically different the future was going to be from the past. The interesting thing was many executives did not see this coming and continued to operate with an outlook of “Business As Usual”. This begets in 2014 an in-depth study of Marketplaces, Retailers, Private Label and Consumer Products both from a B2C and B2B perspective. Tompkins was alarmed with the apathy illustrated by many executives and in the summer of 2014 took on the role of a forerunner to proclaim the magnitude of change that was coming. The release of the video in June of 2014 “The Alibaba Effect,” resulted in many executives becoming uncomfortable with their “Business As Usual” stance and they began to see the meaning of the “Crossroads.”
In 2015 Tompkins was dedicated to helping executives grasp the implications of how eCommerce and “the digital economy” was changing business models, as well as building the alliance which now has become MonarchFx. The November, 2015 release of the video “The Titans: Alibaba, Amazon & Wal-Mart Game Changing Strategies: Time for YOU To Respond” was a significant line in the sand that challenged executives to aggressively adopt a new level of innovation and creativity to reinvent their businesses to assure their future success.
The first 10 months of 2016 were spent laying the foundation for the “Go Live” of MonarchFx in 2017. Private conversations were held with leading retailers, marketplaces, consumer goods companies, brands and industrial distributors. A significant interest in the MonarchFx solution was built and momentum created for the public launch of MonarchFx. The release in October of 2016 of the Tompkins International video “Supply Chain Revolutions: Responding to Digital Disruptions” and the public release of information on MonarchFx in November, 2016 has set the stage for the “Rest of The Story” going forward. Many believe the MonarchFx story has just begun and the future of business will be changed as a result of the evolution of MonarchFx.
An exciting journey from a desire in 2010, in response to the Great Recession, to enhance the adaptability of supply chains to the creation of a whole new collaborative business model: The MonarchFx Alliance. As amazing as this journey of discovery and innovation has been, this all is only the first chapter in the book entitled MonarchFx. Stay tuned.
Our MissionTo create, build and manage a substantial logistics ecosystem that establishes MonarchFx Alliance and its Members as the preferred e-fulfillment logistics solution in the U.S.
Dr James A. Tompkins
Dr. James A. Tompkins is an international authority on designing and implementing end-to-end supply chains. His focus over the last several years has been in the areas of eCommerce, Omnichannel and supply chain transformations. As the founder and CEO of Tompkins International, he provides leadership for Tompkins global consulting and implementation business and stresses the requirement for Strategy before Structure and Structure before Implementation.
Dr. James A. Tompkins received the prestigious Frank and Lillian Gilbreth Industrial Engineering Award from the Institute of Industrial Engineers (IIE) on June 1, 2015. The award is an attribute that recognizes Dr. Tompkins through the contributions he has provided to the welfare of mankind in the field of industrial engineering. In addition, Jim has served as President of the Institute of Industrial Engineers, the Materials Management Society, and the College-Industry Council on Material Handling Education, and Purdue has named him a Distinguished Engineering Alum. He has also received more than 50 additional awards for his service to his profession.
His 35-plus years as CEO of a consulting / integration firm and his focus on helping companies achieve profitable growth give him an insider’s view into what makes great companies even better. As a high-level business and supply chain strategy advisor, his unique perspective prepares corporations and executives for the future.
To share his knowledge and provide up-to-date information on supply chain and business trends, he developed his blog called “Creating Supply Chain Excellence.” Jim is also a thought leader, sharing insights on business strategy through his presentations and videos, including his most recent on The Alibaba Effect.
He has written or contributed to more than 30 books, including Caught Between the Tiger and the Dragon, Bold Leadership, Logistics and Manufacturing Outsourcing, The Supply Chain Handbook, No Boundaries and Facilities Planning. Jim has been quoted in hundreds of business and industry magazines such as The Journal of Commerce, Supply & Demand Chain Executive, and FORTUNE, and he has spoken at thousands of international engagements.
Jim received his Bachelor of Science in Industrial Engineering in 1969, his Master of Science in Industrial Engineering in 1970 and his Ph.D. in 1972, all from Purdue University.
At Tompkins International Tyndall is Executive Vice President and serves as Chief Marketing and Solutions Officer. The firm is a leader; providing supply chain business improvement services and solutions for companies that Plan, Buy, Make, Move, Distribute, and Sell products across all industry segments. These services are targeted to improved shareholder value through profitable growth, margin improvement, and/or capital efficiency.
Tyndall is a highly respected supply chain consultant, industry veteran, and thought leader. Prior to joining Tompkins International, he was President of Ryder Global Supply Chain Solutions, Global Leader and Senior Partner of the Ernst & Young Supply Chain Management Consulting Practice, and a United States Navy Officer. He has over 30 years experience with over a hundred multinational corporations and domestic companies, in strategy development, new process design, technology, and leading practices. Many of the best practices in place today across all industries are due to his thought leadership and leadership.
Tyndall has co-authored several books and written numerous articles on supply chain management, as well as, being quoted by business and public media. His book, Supercharging Supply Chains: New Ways to Increase Value Through Global Operational Excellence, is recognized as a leading guide for managers seeking to achieve higher levels of performance and thus stronger stakeholder value.
Tyndall holds graduate degrees from The George Washington University and his bachelors from the University of Maryland. He is also a graduate of the Institute for Advanced International Management in Switzerland and has attended advanced management programs at Harvard University, Stanford University, and the University of Miami. He was elected to the Global Logistics Hall of Fame and has been honored as Innovator of the Year by Information Management.
Chief Development Officer
Nancy Marino is a Senior Vice President with Tompkins International. Prior to joining Tompkins International, Nancy was a Partner with Columbus Consulting where she was responsible for design to delivery services from design, merchandising, product development, planning, allocation and supply chain solutions for retailers and brands, as well as strategy and change management. Marino was EVP/Chief Supply Chain Officer of Gloria Jeans located in Russia, prior to this assignment was President of Design, Sourcing & Production for Russell Newman. Marino also served as Senior Vice President of Hanes Branded Apparel, responsible for international operations for Hanes’ buying offices worldwide, including oversight for sourcing and production for all branded apparel, to name a few. Marino currently serves as on the Boards of The Retail Marketing Society, The Fashion Group and in addition, has been a member of Who’s Who from 2001 to 2016, is a Gerson Lehman Leader, and Adjunct Professor at F.I.T and is Board Member and Chairman Emeritus of the Cotton Board.