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How is AI Revolutionizing Supply Chain Risk Management? 

Resilinc

For example, in the life sciences industry, biopharma companies increasingly rely on contract manufacturing and development organizations (CDMOs) to address biologics manufacturing production and capacity demand. Then, we look at where each company is manufacturing, housing, assembling, and testing.

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Resilience and Agility in Supply Chains: Navigating Change in a Dynamic World

The Logistics & Supply Chain Management Society

The scarcity of skilled professionals in areas such as logistics, procurement, and data analytics can hinder the ability to effectively manage and optimize supply chains. For instance, during the 2011 earthquake and tsunami in Japan, Toyota’s robust supply chain resilience allowed it to quickly recover and restore operations.

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Faceless AI Will Not Relegate the Social Side of Business to the Past

MIT Supply Chain

As Lynn Torrel, chief procurement and supply chain officer at Flex, explained the company’s operations during the Covid-19 pandemic, “We’ve had a few escalation calls with suppliers, and you get on a call, and there are critical needs. CDT is a critical ingredient in manufacturing a high-tech type of nylon called PA-12.

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How the Semiconductor Shortage Could Have Been Averted

QAD

The Guardian stated : “The technology industry faces a growing shortage of semiconductors and other high-tech components following a failure to invest in new manufacturing facilities during the recession, experts have warned.” This quote is actually from an article published in July 2011.

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This Week in Logistics News (August 28 – September 1, 2017)

Talking Logistics

LevaData to Transform Strategic Sourcing for Global Procurement and Supply Chain Leaders. Manhattan Transportation Management Enhancements Enable the Acquisition and Supervision of Additional Shipment Capacity. Same-day delivery startup Deliv expands to 1,400 cities, rivalling Amazon’s Prime Now (TechCrunch). million.

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SCRC Partner Profile: A Textbook Transformation at Biogen-Idec

Supply Chain View from the Field

In addition, much of the power in decision-making lies in the hands of clinical trials scientists, who often have power over procurement decisions. The company discovers, develops, manufactures, and markets biological products for treating conditions such as multiple sclerosis and non-Hodgkin’s lymphoma.

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Answering the Call in Times of Disaster

Material Handling & Logistics

Behind the scenes during the tumultuous disaster season of 2017, building materials manufacturers leaned heavily on dynamic digital tools to supply recovery efforts. The urgent phone call to the building materials manufacturer came as yet another hurricane was churning its way toward landfall during the record storm season of 2017.