Industries > Pharmaceutical/Biotech | SupplyChainBrain

Pharmaceutical/Biotech: Page 84

The Sharing Economy Is Disrupting Traditional Warehousing

Analyst Insight: The sharing economy has been disrupting and transforming industries, with companies like Uber disrupting the taxi industry and Airbnb disrupting the hospitality industry. Now, even the very mature space of warehousing is in the process of disruption as warehouse-sharing platforms emerge that are providing benefits to both shippers and facility owners. - John Santagate, research manager, IDC

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Report: Digital Mapping and Risk Assessment Prevent Supply Chain Disruptions

Analyst Insight: The 9th Annual BCI/Zurich Supply Chain Resilience Report categorically said last year that ineffective management of supply chains is leaving organizations open to severe disruptions and large financial negative impacts. The report also states that almost 75 percent of companies have experienced one disruptive event and that many more experienced multiple risk events in 2016. Why? The report concludes that organizations are still not ensuring adequate supply-chain visibility upstream and downstream. - Gregory Schlegel, executive-in-residence, Center for Supply Chain Research, Lehigh University

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China's Taxes on Imported Cars Feed Trade Tensions With U.S.

A Jeep Wrangler can cost $30,000 more in China than in the United States - and the reasons illustrate a growing point of tension between the two countries.

Six Steps to a Perfect Logistics Network

Analyst Insight: Today more than ever, logistics professionals are at the forefront of designing new transportation and distribution solutions to support ever-changing fulfillment requirements. In today's competitive B2B and B2C markets, logistics is feeling the pressure of responding to changing demand patterns, shorter lead times, and smaller orders. Responding to today's customer-driven demands requires much more agile solutions versus traditional logistics networks. - Valerie Bonebrake, senior vice president, Tompkins International

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Supply Chain Visibility to Impact Customer Loyalty, Buying Decisions by 2020

Analyst Insight: The term supply-chain visibility means different things to different folks. Interestingly, it's something that everyone knows they need more of, but very few organizations have a handle on. This will change rapidly between now and 2020. Supply-chain visibility is having an increasing impact on customer relationships and buying decisions. - Bryan Nella, senior director of corporate communications, GT Nexus

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Digital Transformation: See Your Supply Chain Better

Analyst Insight: Full supply-chain visibility has been a top three goal of supply-chain managers for more than a decade. The ability to see your inventory, customers' orders, and financial transactions, as they move through every node in the supply chain is paramount. This enables opportunities to optimize inventory position, route shipments more efficiently, truly collaborate - not just cooperate - and communicate with customers to provide world-class service. - David Meyers, principal, Tompkins International

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Supply Chain Resiliency in the Wake of Industry Disruption

Analyst Insight: Industry disruptions - whether caused by economic strife, weather events, or labor disputes - seem to be becoming more common, and they are prompting many executives to rethink the design of their global supply chains. For years many companies have invested in solid-state supply chains built for cost efficiency. The problem is that these are premised on very defined paths-to-market that lack resiliency and make them susceptible to disruption. - Glen Goldbach and Ryan Hawk, principals, PwC

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Using Digital to Offset Amazon's Advantage

Analyst Insight: The retail industry might be the most impacted by digital disruptions, on top of the obvious turmoil retailers' face due to the rapid growth of e-commerce. Retailers also face all of the disruptions in the transportation industry, as retail has always been about moving merchandise from its point of origin into the hands of consumers. - Jim Tompkins, CEO, Tompkins International

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The Power of Analytics in the Supply Chain

Analyst Insight: Best-in-class organizations are tapping into the power of analytics to improve supply-chain performance and identify improvement opportunities. Organizations use analytics for scoring models for vendor performance, detailed demand forecasting, and safety stock recommendations, optimizing fulfillment logistics, creating predictive models of different failure conditions, inventory budget optimization, and many other supply-chain activities. Today’s complex supply chains require that leaders create a data-driven culture, both internally and externally with supply-chain partners. – Andrea Stroud, statistician, APQC

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Somali Pirates Hijack First Commercial Ship Since 2012

Pirates have hijacked an oil tanker with eight Sri Lankan crew on board, Somali authorities said last week, the first time a commercial ship has been seized in the region since 2012.

Hiring Pace Picks Up in Trucking Sector

Trucking fleets stepped up hiring at the fastest pace in five years in February, adding 10,600 jobs in a display of confidence as companies across U.S. industries ramped up payrolls.

Sales Planning: Big Data Provides the Answers

Analyst Insight: We have come a long way from the days where gut feel and years of industry knowledge ruled the day and drove critical decision-making. "Water Cooler Talk" seems a thing of the past, but to effectively work together, businesses must replace it with a new process. Face to face cross-functional team discussions are critical in helping teams learn to work together and communicate effectively. Welcome to sales and operations planning (S&OP). – M. Scott Moon, principal, Tompkins International

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

Moving Robots Site-to-Site