As the world moves toward near-sourcing, instantaneous commerce and automated logistics, these are the steps companies are taking to build efficient supply chains.
Logistics procurement is becoming increasingly sophisticated, and companies are looking for bids and proposals that go beyond addressing mandatory criteria.
United Parcel Service is building two giant freezer farms capable of super-cooling millions of vials of a COVID-19 vaccine, preparing for the day when it will need to deliver the medicine at high speed across the globe.
The Dubai-based conglomerate, facing significant operational inefficiencies and a huge number of different products and customers, moves to assert more control over transportation routing and scheduling.
The industries that shepherd goods around the world on ships, planes and trucks acknowledge they aren’t ready to handle the challenges of shipping an eventual COVID-19 vaccine from drugmakers to billions of people.