Coronavirus and the Automotive and Pharmaceutical Supply Chains

Logistics Viewpoints

Earlier this week, the death toll from the Wuhan coronavirus rose to over 1,000 people, invoking memories of the 2003 SARS outbreak. While the human aspect of this outbreak is clearly the biggest story, the virus is causing major disruptions in global supply chains as well. As my colleague Steve Banker pointed out yesterday, the global high-tech supply chain has been hit particularly hard.

RFID in the Supply Chain: Fizzling Technology or the Future of Effective SCM?

Cerasis

In 2003, Walmart announced that all of its suppliers would need to have Radio frequency identification (RFID) tags on all pallets and cases by 2006. More recently, with the rise of interconnected systems, the analytics to derive value from those systems seems, and decreased costs, RFID is resurrecting as a solution for increasing supply chain management (SCM), visibility into processes, and reducing inventory tracking costs. RFID Tags Are Resurging in the Supply Chain.

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How to Stop Disruption in the Supply Chain From the Coronavirus

Veridian Solutions

With the holidays over and 2020 underway, one of the biggest challenges facing today’s supply chain is the current public health scare and its associated disruption in the supply chain. While on the surface, a medical health crisis doesn’t intuitively link with supply chain execution. However, with China’s place in the global economy, supply chain leaders must not avoid the meaningful and long-lasting impacts of the coronavirus.

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Three supply chain lessons for businesses coping with COVID-19

CH Robinson Transportfolio

As governments and healthcare agencies around the world work to stop the spread of the coronavirus, importers and exporters across 164 countries are struggling to manage the pandemic’s growing impact on their supply chains. Despite past lessons from 2003’s SARS outbreak and 2011’s Fukushima tsunami about the hidden weaknesses in their supply chains, companies are challenged to manage logistics concerns stemming from sourcing strategies and risk management.

The rapid reorientation of supply chains

EFT

In an age of lean supply chains and highly-specialised production, a sudden disruption can mean disaster. Transport links that ran like clockwork suddenly melted away, most notably air freight, and products were stranded in overstretched ports.

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Early ‘Internet of Things’ Pilots Proved Supply Chain Benefits of RFID Pallets

Supply Chain Network

Two early pilots were facilitated by Supply Chain Network and carried out in 2003 and 2006 with both representing successful demonstrations of the potential supply chain benefits available through ‘Internet of Things’ implementations. As you can see from the above results the supply chain benefits of utilizing RFID pallets was proven.

The COVID-19 Supply Chain Hit Could Trigger Recession in Australia

Logistics Bureau

But economists and supply chain managers warn that this recovery may have come too late to save Australia, China’s largest trading partner, from sliding into its first recession since 1991. And when its supply chains are ravaged by lockdowns, quarantines, and transport restrictions, Australia cannot hope to avoid paying some sort of price. Any disruption, therefore, affects both ends of the supply chain.

Three supply chain lessons for businesses coping with COVID-19

CH Robinson Transportfolio

As governments and healthcare agencies around the world work to stop the spread of the coronavirus, importers and exporters across 164 countries are struggling to manage the pandemic’s growing impact on their supply chains. Despite past lessons from 2003’s SARS outbreak and 2011’s Fukushima tsunami about the hidden weaknesses in their supply chains, companies are challenged to manage logistics concerns stemming from sourcing strategies and risk management.

Early ‘Internet of Things’ Pilots Proved Supply Chain Benefits of RFID Pallets

Supply Chain Network

Two early pilots were facilitated by Supply Chain Network and carried out in 2003 and 2006 with both representing successful demonstrations of the potential supply chain benefits available through end to end ‘Internet of Things’ supply chain implementations. Emerging Trends Freight & Transportation Grocery Logistics Information Technology Matrix Commerce New Ideas

Supplier Risk Management Considerations for the Coronavirus Outbreak

ivalua

Beyond this enormous human toll, the Coronavirus and the efforts to control the spread of the virus is being felt throughout the world’s supply chain. This will impact manufacturers and retailers who rely on these products and labor, the logistics haulers expecting to transport the material, and ultimately the end consumers. . Supply Chain Risk supplier relationship management Supplier Risk supply chain Supply Chain risk

Has Blockchain Reached its RFID Moment?

Supply Chain @ MIT

In 2003 Walmart told suppliers they were required to affix radio frequency identification (RFID) tags to pallets and cases within three years. Featured Innovation blockchain in supply chains food poisoning scares MIT Center for Transportation & Logistics MIT CTL Blockchain Research Group tracking produce in supply chains Walmart developing blockchain

Two Important Questions About the Future of Freight Moves

Talking Logistics

Freight tons moving on the nation’s transportation network will grow 40 percent in the next three decades while the value of the freight will almost double, increasing by 92 percent, according to the latest projections by the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) and Federal Highway Administration (FHWA).

How the Terra Acquisition Fits Into the Future Supply Chain

E2open

How the Terra Acquisition Fits Into the Future Supply Chain. This is probably not a surprise but supply chains are inherently multi-enterprise. Despite this, companies have tried to manage their supply chain with ERP systems which fully represent only their own facilities. Supply chains need to be real-time and extend to include customer, co-packer, supplier and suppliers’ suppliers networks. The Future of Supply Chain.

Viral Reaction: Zika and the Supply Chain

Elementum

The global supply chain is more connected than ever, demanding the movement of commodities be faster, more efficient and farther-reaching. All of these may appear as insignificant disruptions, but it is evident that these follow the exact same trend with how past pandemics started and eventually lead to severely affecting the global supply chain. Ebola Cuts Off Supply Lines. Businesses invest in supply chains that can bring in this assurance.

The worst Supply Chain practices must be confessed and not only by constraint

KEPLER Consulting

Responding to the ever-changing expectations of consumers in a highly competitive digital economic environment involves having a solid, agile, and cost-effective Supply Chain. After all, companies need to minimize and monitor the most harmful supply chain management practices. The importance of a robust supply chain. Exhaust-data analyses (OTD, pallet volume, transport, suppliers, returns, etc.)

The Top Dozen Supply Chain Innovations of All-Time

Operations and Supply Chain Management

The Top Dozen Supply Chain Innovations of All-Time I am very keen on the subject of supply chain innovation right now, for a variety of reasons. Supply chain in turn obviously has a key role to play in overall corporate/product innovation. So, supply chains need to both support product innovation, while also innovating in its own domain. But I would argue that supply chain innovation is not well understood. First Thoughts.

Freight Brokers: Disintermediated or Growth Opportunity by Incorporating Technology?

Descartes

Given the current capacity crunch, and the huge amounts of investment capital pouring into transportation and logistics technology, there is tremendous discussion on how technology innovation will impact the industry and, more specifically, 3PLs. Back in 2003, when RFID commercialization was accelerating out of MIT, major retailers announced an initiative that required all suppliers to tag pallet deliveries with RFID. The whole supply chain was going to be transformed.

Seasoned Leadership in Action™ – An Interview with Raymon Krishnan!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action™” Interview series at Supply Chain Game Changer. This interview is with Raymon Krishnan, President of The Logistics and Supply Chain Management Society. Subscribe Here! Email Address.

Notes from ProcureCon Indirect West at the Wigwam in Phoenix Arizona

Supply Chain View from the Field

Anu discussed how when she signed contracts for her house she bought in 2003, it involved 80 signatures. I also met with a firm that specializes in negotiating third party contracts with transportation providers, ACSPE. Business Process Outsourcing Contract Management Procure to Pay Social Media in Supply Chains Supply chain analytics Supply Chain Management Supply Chain Talent

FreightTech for Fortune 500 Shippers with Brad Forester and Mike Mulqueen

The Logistics of Logistics

Brad, Mike, and their team at JBF Consulting advise Fortune 500 companies on the assessment, selection, and implementation of supply chain software. Brad is a highly recognized senior supply chain leader with over 23 years of managing, designing, and implementing freight transport technology. Mike is a leading expert in logistics technology solutions with over 30 years of managing, designing, and implementing freight transport systems.

Coronavirus Highlights Fragility of Global Supply Networks

Jaggaer

That’s quite an ordeal for a lot of people, not least passengers who are locked in their cabins on cruise liners whose supplies are running short. The consequences on supply networks? But even if containment has the desired effect, what are the wider consequences of shutting down schools, shopping centers, factories, transportation and supply networks? China ’ s economy has grown in leaps and bounds from roughly 4% of world GDP in 2003 to 1 6% today.

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9 Apps in 2 Days: Business App Development Acceleration

AIMMS

I recently had the pleasure of meeting Christian Olsen, Head of Business Development at Höegh, a leading global shipping company specializing in vehicle transportation services. In 2003 I moved from the United States to Norway and started to work for Höegh Autoliners. We leveraged input from Gartner for companies specializing in optimization and specifically logistics and supply chain. Hoegh Autoliners Supply chain optimization

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LTL Carrier Profile: UPS Freight

The Logistics of Logistics

Domestic Package, International Package, and Supply Chain and Freight. Now, UPS has aggressively grown into freight and other transportation solutions through a series of strategic acquisitions. The latest addition to this portfolio includes LTL and truckload freight services, which complements UPS’s global capabilities to provide customers a single source for multiple modes of transportation. were rebranded to the UPS Store brand in 2003.

COVID-19 crisis may push up trade costs, WTO report finds

EFT

The report finds that travel restrictions and border closures have disrupted freight transport, business travel and the supply of services that rely on the presence of individuals abroad.

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Walmart again Raises Chargeback Stakes

Enterra Insights

Manufacturers, consultants and trade groups supplying retail businesses are up at arms over these chargebacks, arguing that their profits are being slashed unmercifully — and sometimes unfairly — by retailers claiming noncompliance.” The editorial staff at Supply Chain Digest reports Walmart will penalize suppliers a 3% chargeback relative to an invoice for each case that fails to meet its new “on time, in full” requirements.[3]

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The Rise of Networks as Market Goliaths

Supply Chain @ MIT

After building its worldwide network for over 100 years, UPS is offering logistics and supply chain management services on the back of its creation. The difficulty of competing with an existing network was clearly demonstrated when DHL entered the US domestic market in 2003 in an attempt to compete with the UPS (and FedEx) networks, only to exit in 2008 after suffering heavy losses. Airport hubs an example of network economics in action.

CSR: Small Is Beautiful

EcoVadis

Founded in 2003 and with only 15 employees onboard, human resources firm Kenseo is one such business. This investment should be better recognized by large companies to secure their supply chains. Out of the 50,000 companies on the EcoVadis platform, some 7,000 are located in France. Around 16 percent of them are very small businesses with up to 25 employees. But who are they and why are they deciding to be assessed on their ethical, social and environmental performance?

CSR: Does Size Really Matter?

EcoVadis

Founded in 2003 and with only 15 employees onboard, human resources firm Kenseo is one such business. This investment should be better recognized by large companies to secure their supply chains. Out of the 50,000 companies on the EcoVadis platform, some 7,000 are located in France. Around 16 percent of them are very small businesses with up to 25 employees. But who are they and why are they deciding to be assessed on their ethical, social and environmental performance?

Freightera CEO Eric Beckwitt Receives Sustainability Award at Clean50 Summit in Toronto

Freightera

The award winners were selected from more than 600 nominees and competed in 16 categories including Manufacturing and Transportation, where Eric Beckwitt won the award along with Mario Plourde, CEO of Cascades, and Sarah Buckle, director of enterprise risk and sustainability at Translink, the greater Vancouver transit authority. This means a lot to everyone at Freightera, an online marketplace that brings together businesses that need to ship freight and transport companies that move it.

It’s easier with Evans

3PL Insights

In 2003, Evans commissioned a customer audit via in-depth interviews to gain deeper insights and perspectives on our customer service. The conversations revealed a theme of how we simplify the supply chain and make the process easy for customers. We want it to be easy for finance to talk with operations and for transportation to talk with warehousing and sales. This has been true since we opened our doors.