Erin Fox, the associate chief pharmacy officer at the University of Utah, claimed that the most recent drug shortages in the U.S. are the “worst” in a decade.
Inventory optimization is a phrase much used and abused. The honest minority of supply chain professionals will admit that they don’t objectively know what "good" looks like.
A new type of supply chain is emerging that is increasingly reliant on digital tools to optimize and automate processes, holistic in its always-on, end-to-end control tower visibility, and collaborative in its partner relationships rather than dictated from the top down and inside-out.
Companies planning longer-term fulfillment strategies for growth and resilience will need direction in reaching "order and delivery excellence," allowing them to move beyond siloed operations.
Instead of buying at current levels the ministry is asking state-owned Indian Strategic Petroleum Reserves Ltd. to lease out empty underground storage to refiners and global oil majors.
The bolts designed to keep the plug from moving off the spots were missing, said NTSB investigators, who are trying to determine if the equipment was ever installed.
$90 million will be used to improve a plant in Colorado Springs, Colorado, while the other $72 million will go towards expanding a factory located in Gresham, Oregon.
The American car company was able to deliver a record number of vehicles during Q4, helping the organization hit its 2023 target of 1.8 million automobiles.
The latest news, analysis, trends and solutions regarding inventory planning and optimization and its impact on supply chain management. New technologies in inventory planning and optimization are transforming the way companies operate - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using inventory planning solutions for supply chain optimization.
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