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.

Understanding Supply Chain Management

SupplyPike

The importance of supply chain management What to watch while consumers are panic buying How to implement supply chain management Supply chain management and Walmart. Supply Chain Management (SCM) is a systematic and controlled procurement operation. Procurement usually comprises a diverse range of suppliers chosen according to a conceived ability to supply merchandise at the right price. Why Supply Chain Management is Important.

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Top 3 Supply Chain Planning Buzzwords

Kinaxis

When it comes to supply chains, certain words seem to be bandied about like the ball at a championship tennis match. Back and forth, over and over, these supply chain buzzwords seem to have an endless lifespan. But are they just creative marketing spin (after all, developing them is kind of part of the job), or is what they stand for actually making a difference in your supply chain planning?

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.

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.

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.

The Coronavirus Is Shattering Traditional Supply Chains

ivalua

A March 11 analysis by trading platform Forex.com claimed that nearly 75% of all companies had already reported supply-chain disruptions, with more than 80% believing that at some point they would experience impacts as a result of COVID-19 disruptions. For a business to deliver its promise to its customers, it must have a properly functioning supply chain,” Goker Aydin, an expert in business analytics at the Carey Business School of Johns Hopkins University, recently observed.

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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The state of supply chains: Aerospace

EFT

Aerospace supply chains stalled in March when Covid-19 saw airlines ground most of the world’s passenger aircraft. The supply chain was working hard, investing in capability and capacity to allow an increase in the number of aircraft being produced.

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.

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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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.

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.

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?

The Story Continues…. Let’s Don’t Sugar Coat the Real Issue

Supply Chain Shaman

Others say February… Where they all agree is that the labor union discord was the icing on the top of a broken link in the supply chain. As a country, I think that we need to rethink supply chain flows for chassis, drayage and the unloading of larger ships. For the supply chain leader, this means that the flows will get lumpier, less predictable and even more variable. Lora Cecere is the Supply Chain Shaman.

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.

El Niño May Have Your Supply Chain Partying Like It’s 1997

Kinaxis

With extreme weather—running the gamut from droughts to flooding rains—likely to occur across the globe this winter, we can expect to see the supply chain affected in several areas. El Niño may serve as the ultimate test of supply chain risk management and resiliency. Those companies that safeguard their supply chains by successfully planning for potentially catastrophic events will emerge with the least negative impact from El Niño.

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Before a Cargo Claim Happens, Prepare a Plan: Part 1

CH Robinson Transportfolio

Before a Cargo Claim Happens, Prepare a Plan: Part 1. Want more effective and efficient resolution of cargo claims? The first thing to know is that when freight is damaged or lost in transit, the initial burden is on the claimant to file a cargo claim with the carrier. Supporting documents include the commercial sales invoice, accounts payable credit reports, and inventory cost reports. Over the Road Supply Chain Consulting Cargo Claims Freight Supply Chain

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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.

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. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? As 2020 moves closer, one concept that I’m hearing discussed more and more in discussions and appearing online is that of the circular supply chain. The Death of the End-to-End Supply Chain. Why is the Circular Supply Chain Trending?

Air Freight: Learning the Basics to Optimize Your Global Supply Chain

CH Robinson Transportfolio

What’s probably the number one reason shippers avoid transporting their cargo by air? When considering the cost of a modal shift to air cargo, keep in mind that the freight cost is only one component of the equation. Other benefits within your supply chain—from lower inventory carrying costs and the opportunity to capture market share—may offset the possibility of higher freight costs.

Control Tower: Simplifying Supply Chain Logistics

20Cube Logistics

Such challenges fractured supply chain. Control Tower” is one such technology that has become increasingly prevalent in the supply chain to monitor and track deliveries in real-time, providing milestones information as it happens and much more to make the process simpler and efficient from Purchase Order to Last Mile Delivery. Why do logistics companies need a supply chain tower? Logistics Supply Chain Management Control Tower

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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.

Supply Chain Best Practices: Preparing for the Worst

Elementum

Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. And as supply chains have become increasingly diffuse over time, the likelihood that disruption in one region will have consequences that reverberate across the globe, is higher than ever before. What can supply chain managers do to ensure that action is taken quickly and efficiently when disruption strikes?

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.

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.

The Battle for Air Cargo Space

Supply Chain Nation

Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date. This week: how expectations for rapid delivery are driving competition in the air cargo space; the growing driver shortage in the trucking industry; how in-store mobility could help boost retail sales; the startup business behind reducing food waste; and how the Internet of Things (IoT) will impact the supply chain. The battle for air cargo space.

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.

Containerized Shipping – Technology Advancements And Value Creation

Gravity Supply Chain

Learn about the benefits of containerization and how Gravity supply chain solutions’ container tracking feature enables real time visibility of your cargo.