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How Real-time Visibility Solves 4 Key Pharma Supply Chain Challenges

Roambee

Let’s examine the avenues real-time visibility has opened up and how to use them to overcome the four major pharma supply chain challenges. Pharmaceuticals is one industry that's always standing on the verge of doing 'the next big thing' when it comes to not only medical, but also technological breakthroughs. The same goes for transporting and tracking pharma products.

Tackling Drug Counterfeiting — Barcodes vs. RFID vs. Blockchain

Roambee

Although most industries are focusing on supply chain efficiency, pharma supply chains bring a bigger worry into the picture: patient safety. A WHO report 1 says poor countries lose over 2,50,000 children to fake and substandard drugs of malaria and pneumonia every year. One of the major worries for the global pharmaceutical industry around patient safety is counterfeit drugs.

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5 Examples of How COVID-19 Made Shipment Monitoring a “Must-Have” in the Industry

Roambee

Up until now, investing in shipment tracking solutions was like buying travel insurance - it was usually purchased in the last step of the transportation contracting process. Much like insurance, you would add it at the last step in the cart as an optional item when purchasing your air ticket, and often only if the firm had previously bitter experiences. However, COVID-19 is changing the way companies are looking at investment into visibility.

Coronavirus COVID-19 Supply Chain Update

Transplace

Coronavirus COVID-19 Supply Chain Update. With the global spread of the coronavirus (COVID-19), vulnerabilities in supply chains continue to be exposed. As the first tier in many company supply chains, the disruption in China has sent ripples through the worldwide economy. Ocean Cargo Updates. Cargo flows and ship calls are rebounding in China as the situation normalizes. The post Coronavirus COVID-19 Supply Chain Update appeared first on.

7 Benefits Realized Utilizing Big Data to Optimize Supply Chains

Cerasis

Editor’s Note: This is a guest blog post from end-to- end global supply chain services company, Flash Global. The company focuses on high tech industries such as telecome , data storage, data centers, bio-medicine, and any company who needs supply chain visibility and proactive supply chain services for replacement parts and more. We are excited to feature this company as they deal in the fast moving world of complex global supply chain solutions.

Evolution in Pharma Cold Chain — Vaccine Vial Monitors to Dataloggers to IoT

Roambee

However, today as pharmaceutical companies struggle to balance the constant tug of war between cold chain cost-efficiency and reliability, these two technologies fall short and IoT comes into the picture. Let’s walk through this technological evolution to understand the pharma cold chain challenges that each of these technologies solved, their cost impact, and why companies are migrating to using IoT for pharma cold chain monitoring today.

How This Pharma Giant Beat its Theft and Overstocking Challenges with OTIF

Roambee

A pharma giant recently overcame its supply chain security challenges and optimized their logistics using the power of real-time logistics visibility.

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Supply Chain Risk Management: Could You Face a Category 4 Supply Chain Disaster?

Kinaxis

states, obvious disruptions to supply chains and supply chain risk management were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. Starting with Miami, this port primarily handles containerized cargo with small amounts of breakbulk, vehicles and industrial equipment. containerized loaded cargo volume and more than 18% of the East Coast container trade.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? The Death of the End-to-End Supply Chain. In short, the supply chain is no longer linear, but circular.

How can you prepare your supply chain for disruptions?

DELMIA Quintiq

The recent West Coast ports cargo-handling disruption is an example of the butterfly effect. Companies using West Coast ports had to spend additional millions to cover extra inventory costs and shipping delays. Labor disputes, bad weather, and IT outages are just some examples of disruptions that could affect an otherwise well-designed supply chain. What you need is a supply chain that is designed to be resilient in the face of disruptions.

Supply Chain Management Success – What You Need To Know But No One Told You

Gravity Supply Chain

How can end-to-end visibility and container tracking prevent supply chain disruptions? Find out in Gravity Supply Chain Solutions’ latest blog post.

[VIDEO] Logistics Beacons: Using Proximity As A Logistics Oversight Service

Cerasis

The global logistics industry generates $9.1 The global Third Party Logistics (3PL) industry generates $750 Billion in revenue as a part of that figure. Air and sea cargo industries generate $62 Billion each. These are huge numbers that represent the movement of every good across the globe and the reason we are seeing the rise of Logistics Beacons as a way to increase logistics and supply chain visibility. .

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What’s Holding Back Customer-Centric Air Cargo?

Freightos

What’s Holding Back Customer-Centric Air Cargo? . As the cream of air cargo’s innovators held turns on the floor, this question came up time and again. The industry’s mindset is holding customer-centric air cargo back. That was my big take from Elevate , presented by Air Cargo World earlier this month. Real-time resource scheduling that turns “supply chain” into “demand chain”. Delta Cargo and Panalpina who have introduced digital cargo sales.

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This Week in Logistics News (August 3-7, 2015)

Talking Logistics

This was a relatively quiet week for supply chain and logistics news, which is typical for August, so let’s go straight to it: Macy’s expands same day delivery to 17 cities as it challenges Amazon ( Reuters ). Cargo Chief Cracks the Code on Transportation Capacity. XPO Logistics Announces Second Quarter 2015 Results. But the ripple effect of same-day delivery on inventory management, store operations, and IT is anything but trivial.

Supply Chain Is at Its Best When You Can’t See It

Kinaxis

One of my teammates made the comment that essentially boiled down to, “they should be seen and not heard,” which started me thinking, strangely enough, about supply chain. When a supply chain is working at its best, the general population doesn’t see it and often has no concept of the complexities behind it. To our local consumer, supply chain is simply out of sight and out of mind; for all intents and purposes, it is invisible.

Is Hyperloop the Next Great Supply Chain Technology?

Kinaxis

by Melissa Clow This guest post comes to us from Argentus Supply Chain Recruiting , a boutique recruitment firm specializing in Supply Chain Management. We’re always trying to stay on top of Supply Chain developments at Argentus. The CEO of the company behind the test (Hyperloop One) estimates that the system will be transporting cargo by 2019 and passengers by 2021. The post Is Hyperloop the Next Great Supply Chain Technology?

This Week in Logistics News (July 4-8, 2016)

Talking Logistics

It was a relatively quiet week for supply chain and logistics news, with robots and weak freight demand dominating the headlines. Air cargo firms feel the pressure from plunge in freight prices (Reuters). Honeywell To Acquire Intelligrated, A Leader In Supply Chain And Warehouse Automation Technologies. They pull data from both sides and communicate any surges in orders or depleted inventory.

Modernizing the Retail Supply Chain

Enterra Insights

Without the back-end supply chain, however, retailers would have nothing to sell. Manufacturers would supply retailers, who would then resell the goods to consumers — therefore dealing with complaints or queries from the end consumer. Now, thanks to an increasingly competitive landscape, the whole process has changed, meaning the supply chain needs to evolve with it, and fast.”[1] Changing retail supply chain environment.

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Is Inventory Optimization a Key to Omnichannel Survival?

ToolsGroup

Bob Ferrari of Supply Chain Matters recently pointed to The Sports Authority bankruptcy as one indication. Industry analysts have pointed out an obvious fit with inventory optimization. If retailers optimize their inventory—dynamically aligning their supply chains to changing customer preferences and behavior—they can position inventory to satisfy demand at the lowest possible cost. Inventory Optimization Multichannel

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

We salute the year’s top advancements in supply chain technology and processes. Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supply chain roles are rapidly being transformed into all-new opportunities. Top 10 Supply Chain Innovations of 2016 : robot pickers, bridge-inspecting drones, autonomous freight shuttles, and more. Self-Service Logistics.

Top 8 Online Logistics Tools For Logistics Professionals

Cerasis

Logistics professionals require exemplary international online logistics tools to help them carry out their daily businesses with ease and deliver the best for their customers. Mobile phones can offer incredible services in any business from inventory tracking and shipments to the execution of procurement transactions. Top 8 Online Logistics Tools For Logistics Professionals. This optimization tool for inventories is cloud based. The Logistics mobile app.

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Pandemic Highlights Need for Agile Supply Chains

Enterra Insights

Food sector and supply chain professionals have been rightfully praised for their efforts to ensure essential goods are available to a locked-down population. Truckers, warehouse workers and cargo handlers, all in a vast network, find themselves one endless day after the next getting food, medicine and, yes, toilet paper to customers. ”[1] That gathering storm has highlighted a level of rigidity in historical supply chains. Fostering agile supply chains.

Top Logistics Terms to Know—A Supply Chain Glossary

Zipline Logistics

Logistics is no exception. There are hundreds of logistics terms that make up the industry’s language. Here is our glossary of top logistics terms to know. Logistics Terms for Pros to Know. Advanced Planning and Scheduling (APS) — Critical supply chain planning that also accounts for production schedules. Agile — The concept of having a flexible supply chain that allows for quick order fulfillment with short lead times and varying volume.

Supply Chain Transformation: Not Just Digital, But Physical Too

Talking Logistics

Over the past couple of years, we have published many blog posts and produced several video episodes on supply chain digital transformation (see our archives ). What’s becoming clear, however, is that digital supply chain transformation is not enough; companies also have to transform their physical supply chain networks to adequately meet the more demanding challenges and opportunities before them.

Supply Chain Complexity and Technology

Enterra Insights

At least that is what Steve Dowse, Senior Vice President of Product Management at Blume Global, hopes will happen in the supply chain arena. Complexity across the manufacturing and retail landscapes has evolved to unprecedented levels and a breakdown in the supply chain is not an uncommon reason for failures.”[1] Technology in the supply chain. ” Following are some of the ways, technology is impacting supply chain operations.

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Inventory Turnover Breakthrough … Go Back To The Basics! Change is inevitable in modern supply chain management, and risk management is essential to success. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value. Understanding the top 10 global supply chain risks can work to reduce their impact. Capacity fell by 3 percent, and up to $14 billion in cargo was unable to dock. Subscribe Here!

This Week in Logistics News (September 26-30, 2016)

Talking Logistics

Another Friday where I have limited time, so let’s go straight to this week’s supply chain and logistics news that caught my attention: Uber to move freight, target trucking for the long haul (Reuters). Elementum Expands Supply Chain Management Suite with New Inventory App Powered by World’s Product Graph™. Again, lots of investors and money being poured into all segments of the transportation and logistics service provider industry.

Keep Your Cargo Out of Danger: Best Practices for Transportation Risk Management

CH Robinson Transportfolio

Omnichannel business models often lead to more complicated global supply chains. With the main focus on maximizing time and cost efficiencies, cargo risk management is often skipped over despite being a critical step in protecting your company. . The risk of delays and lost cargo are real. What risk does your cargo face? It’s important to note that most cargo insurance plans don’t cover lost revenue due to a public health crisis, like coronavirus.

How A High-Tech Manufacturer Navigated The Pandemic

Logistics Viewpoints

From a supply chain perspective, a robust supply chain digital transformation would involve end-to-end visibility of inventory in motion and inventory at rest in near real-time. And that inventory […].

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Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks.

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Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Professionals in supply chain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented. Boeing and Airbus Supply Chain Strategy Boeing wants to encourage more flight frequency and direct route using a smaller capacity aircraft.

Letter from the CEO: Coronavirus Market Update

Transplace

40’ containers: Due to the lack of imports, this equipment is in limited supply across the country. The supply of 40’ equipment across the U.S. Packaging and CPG supply chains appear to be oversold in many places and transportation demand is strong from those sectors. Retail supply chains are slowing as customers are staying home in many areas of the country which will affect the global supply chain to an extent.

Is the “shared economy” changing logistics?

Kinaxis

A popular subject in several expat Facebook groups is checking to see who’s planning on flying back to their origin country, and whether those individuals would mind taking along a little extra cargo. Are there ways it could benefit, or endanger, your supply chain? The post Is the “shared economy” changing logistics? appeared first on The 21st Century Supply Chain.

The Top 5 Changes That Occur With AI in Logistics

Cerasis

There’s no other way to describe it: Artificial Intelligence (AI) is revolutionizing the world of logistics. Here are the top five ways in which Artificial Intelligence is transforming the logistics industry as we know it: 1) Predictive Capabilities Skyrocket When AI in Logistics is Implemented The capabilities of AI are seriously ramping up company efficiencies in the areas of predictive demand and network planning. Logistics

Mexico Back in the Supply Chain Spotlight

Talking Logistics

I asked Troy Ryley, Managing Director of Transplace Mexico, that question in a recent episode of Talking Logistics , and here’s an excerpt of what he said: Asia was the buzzword for many years, and it still is the buzzword in many respects. economic recession made companies decrease inventories, which increased their need for speed to market and shorter cash-to-cash cycles. carriers for $100K, $150K, $250K worth of cargo liability.

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