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Hyper-Collaboration in Life Sciences Creates Supply Chain Opportunities

Logility

The statistics are telling: Approximately 9,000 new biopharma R&D partnerships were formed between 2005 and 2014 at an annual growth rate of four percent during that 10-year period. Should Supply Chain Professionals be Hyperventilating? .

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This Week in Logistics News (July 14-18, 2014)

Talking Logistics

According to a Wall Street Journal article : In a 15-count indictment filed in San Francisco, federal prosecutors say that beginning in 2004 the company repeatedly ignored warnings from the government it was breaking the law by shipping drugs ordered from online pharmacies that dispensed them to anyone who filled out an online questionnaire.

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Collaboration? When It Comes to Cash-to-Cash, We Don’t Know How to Walk the Talk

Supply Chain Shaman

Note the elongation of the cash-to-cash cycle in the chemical industry of 38 additional days when comparing the 2014-2019 averages to the pre-recession period of 2004-2006. All industries operate today with more inventory than in the pre-recessionary period of 2004-2007. It is worse in some industries.

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A Story of Throwing the Baby Out With The Bathwater in Supply Chain Planning

Supply Chain Shaman

In 2004, I worked with a Midwest North American meatpacker to help define its supply chain strategy. In 2004, I worked with the client to help define specifications and shortlist potential solutions. The meatpacking company merges with a competitor in 2014, resulting in an organizational turnover. What do I mean?

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Supplier Diversity: From Checking-the-Box to a C-Suite Strategy

ivalua

Since 2004, the Canadian Aboriginal and Minority Supplier Council (CAMSC) has worked to ” facilitate business relationships with Canadian corporations and supplier organizations owned by Aboriginals and minorities.” In 2014, the European Union (EU) took steps to encourage supplier diversity by implementing a social procurement policy.

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The Internet of Things in the Supply Chain

Enterra Insights

in 2004 to $0.38 in 2014 to just 4 cents in 2019.”[6]. However, the staff at C3 Solutions reports, “[There have been] significant cost reductions in the costs of the technologies that make [the IoT] possible. The average price of sensors has fallen from US$1.30 in 2019, for example. ”[6].

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Campbell Soup Company upgrades Demand Sensing

Supply Chain Movement

. “Sensing product demand is particularly important in today’s increasingly complex marketplace,” said Patrick Folan, Vice President of Supply Chain for Campbell Soup Company in a press release of January 21, 2014.