Pharma companies will increasingly take cues from retail and consumer goods….why?

The Network Effect

If you want to know ahead of time the changes awaiting the pharmaceuticals supply chain it is useful to extrapolate experiences from the consumer and retail sectors, which were dealing with the same trends and pressures long before pharmaceuticals (for example, the proliferation of distribution channels). Traditionally companies in the pharmaceuticals sector have used a push logistics approach to distribution, which is characterized by over stocked warehouses throughout the supply chain.

3 Tips to Win the Last-Mile Delivery Planning Battle in Disruptive Times

DELMIA Quintiq

Not only do consumers demand speed and flexibility, they want their e-commerce deliveries to meet environmental regulations – especially in the case of home deliveries, where the logistics supply chain ends at the customer’s front door. There’s a battle to win and retain consumers at the last mile, but the many moving and interdependent parts of last mile operations are making it the most complex and expensive part of the supply chain.

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Why You Should Move Secondary Packaging Closer to the Consumer

Kane is Able

But an increasing number of CPG companies are recognizing the huge cost advantages – as much as 30% of combined warehousing, packaging and freight costs – of performing secondary packaging in the distribution center. Consumer Goods Logistics Warehouse OperationsMuch of the cost and complexity in CPG supply chains happen post manufacturing. Think about it. You might have one product – a potato chip – that gets packaged in dozens of ways.

Why You Should Move Secondary Packaging Closer to the Consumer

Kane is Able

But an increasing number of CPG companies are recognizing the huge cost advantages – as much as 30% of combined warehousing, packaging and freight costs – of performing secondary packaging in the distribution center. Consumer Goods Logistics Warehouse OperationsMuch of the cost and complexity in CPG supply chains happen post manufacturing. Think about it. You might have one product – a potato chip – that gets packaged in dozens of ways.

Consumer Goods Boost Van Rates in Northeast

DAT Solutions

But even though van volumes were down, rates went up in Northeast, spurred by retail trade and consumer goods moving into place for Amazon’s Prime Day sales. That’s a strong sign for consumer goods, since those markets contain warehousing and distribution centers that serve the highest concentration of people in the country. Since the 4th of July landed on a Tuesday this year, a lot of people also took Monday off.

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.

Inventory and forecast data from retailers: After your product ships (Part 2)

Alloy

Units in Transit Units in Transit refers to the number of units that have been shipped and are en route to their destination, such as from your warehouse to a retailer’s DC, or from a retailer’s DC to a store. Having complete visibility into what happens to product after it’s shipped from your warehouse is vital for both supply chain and sales teams. analytics data retail supply-chain consumer-goods

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After your product ships (Part 1): Data retailers share and why it’s important

Alloy

monitoring what happens to product after it leaves your warehouse is integral to maintaining an efficient supply chain and maximizing sales opportunities. Unit Sales (Net) Unit Sales (Net) is the number of units sold from a retailer to a consumer, excluding any customer returns. This metric is the best indicator of true demand because it measures when an end consumer actually buys a product, not just when a retailer places an orders, or sell-in.

How Brands Will Win in IDC’s Predicted Future

Alloy

We recently shared highlights from a study by IDC that spotlights how brands must become more demand-driven if they hope to prosper in today’s consumer goods market. Now more than ever, consumers drive the industry, making it critical to get closer to your end consumers and understand their preferences. Amidst all this change, where is the market headed, and how can consumer brands make sure they don’t get left behind? consumer demand.

20 warehouse professionals and business leaders reveal the single most important first step when designing a warehouse layout

6 River Systems

There are many factors to consider when designing a warehouse layout, and every design decision can have a significant impact on operational efficiency. Curtis Barry & Company , labor comprises more than half of a warehouse’s total operations costs. A poorly designed warehouse floor plan means warehouse associates must walk longer distances to accomplish tasks, resulting in wasted time and resources. Warehouse requirements do not denote storage alone.

Is Warehouse Robotics at the Inflection Point?

Locus Robotics

Is deploying warehouse robotics to automate piece picking for fulfillment operations at an inflection point? Using warehouse robotics to improve today’s fulfillment industry is not at a simple inflection point. The crisis is exacerbated by increases in wage rates for warehouse workers.

Is Warehouse Robotics at the Inflection Point?

Locus Robotics

Amazon’s delivery network is a logistics marvel that allows rom 2017.for the delivery of virtually any consumer good to the doorstep in a matter of days or even hours. A 2018 study found that 43 percent of consumers surveyed expected “much faster” delivery times, a sharp increase from 2017. When making a purchase decision, consumers increasingly gravitate online because they know they can order a product and have it at their doorstep within a day or even a few hours.

The New JDA Flowcasting Solution

BlueYonder

We’ve gone through several iterations of how to effectively balance supply and demand in the retail/consumer goods supply chain. Historically, a consumer goods firm did forecasting based upon historical shipments. Various forms of retail/consumer goods forecast collaboration have emerged to help cure the disease. Featured Flowcasting Inventory Retail Supply Chain Supply Chain Planning consumer goods flowcasting inventory retail

$1.9 Trillion warehouse market growing strongly driven by emerging markets

EFT

The global market for warehousing is currently growing at a Compound Annual Growth Rate (CAGR) of 6 – 8%, according to Beroe Inc, a procurement intelligence firm. The increasing service levels such as e-commerce and same-day delivery are influencing retailers to invest further in the warehouse industry. The growth of retail and FMCG goods has been the main driver for the industrial warehouse industry. among global consumers.

What CEOs are Saying About the EMEA Marketplace

BlueYonder

Earlier this year, PwC conducted a global survey of Consumer Goods and Retail CEOs to get their thoughts on the economic outlook for their marketplace, the key issues they face, and the importance of their supply chains in a multi-channel world. The German marketplace is also in a good place when it comes to other economic fundamentals—it has a low unemployment rate, about six percent, and it has inflation well under control at about three percent.

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The Past, Present, and Future of Technology in the Warehouse

Logistics Bureau

Imagine stepping back in time to visit a large warehousing operation in 1990. To save you from a meltdown, let’s take a brief journey through warehouse operating developments from 1990 to 2045. While some imagination will still be required on this journey, most of the hard work has been done in the writing of this article, so you can shut down the imagination overdrive and cruise through this rundown of technology’s impact on warehouses and distribution centers.

Is Warehouse Robotics at the Inflection Point?

Locus Robotics

Amazon’s delivery network is a logistics marvel that allows rom 2017.for the delivery of virtually any consumer good to the doorstep in a matter of days or even hours. A 2018 study found that 43 percent of consumers surveyed expected “much faster” delivery times, a sharp increase from 2017. When making a purchase decision, consumers increasingly gravitate online because they know they can order a product and have it at their doorstep within a day or even a few hours.

Is Warehouse Robotics at the Inflection Point?

Locus Robotics

Amazon’s delivery network is a logistics marvel that allows rom 2017.for the delivery of virtually any consumer good to the doorstep in a matter of days or even hours. A 2018 study found that 43 percent of consumers surveyed expected “much faster” delivery times, a sharp increase from 2017. When making a purchase decision, consumers increasingly gravitate online because they know they can order a product and have it at their doorstep within a day or even a few hours.

Five lessons from a CE sales pro

Alloy

Benefiting from the additional support she provided, those customers that were on a good trajectory really took off. Lesson #2 Focusing isn’t as easy as it sounds The consumer electronics industry keeps changing at a rapid pace. As the saying goes, the “state of sales is the state of the warehouse,” and being able to integrate and understand the various numbers was critical. consumer-goods analytics sales retail consumer-electronics

Evans Distribution Systems Earns Fifth ISO 9001:2015 Certification

3PL Insights

Evans Distribution Systems, headquartered in southeast Michigan, was founded in 1929 as the Central Detroit Warehouse Company. News Press Releases Huron River dr. ISO Romulus warehouseMELVINDALE, Mich. ,

Insight on how 3PL handles eCommerce Returns for B2B and B2C Retail Brands

Vinculum

Here’s why third-party logistics outsourcing is the need of the hour for several retail brands: To ensure a smooth delivery to the consumers via online platforms. In cases wherein goods are returned, the enterprise must manage a whole new process of reverse logistics.A With the significant increase in specialization in streams such as warehousing, business analytics, product monitoring etc.,3PL

Ultimate guide to technologies that are transforming supply chains

6 River Systems

All entities throughout the supply chain – such as vendors, suppliers, partners, and end consumers – can access relevant, accurate and up-to-date information. Artificial Intelligence & Machine Learning A variety of other technologies, such as robots and advanced warehouse management systems, leverage Artificial Intelligence (AI) and Machine Learning (ML) for data-driven decision-making. Warehouses that leverage collaborative robots can realize a 2-3X increase in productivity.

FMCG Industry Disrupted by Digital Innovation

Vinculum

Historically, technology has had a huge role to play in the growth of the consumer goods (CPG) industry. One of the biggest trends that has shaped the consumer goods industry in the last decade is the emergence and the steady rise of the digital consumer.

Direct to Consumer – Stay With a New Option for FMCG Industry/Brands

Vinculum

A recent study showed that even if 74% of today’s brands will start disappearing tomorrow, consumers would not care. The concept of direct-to-consumer has been there for a few years however, D2C companies seem to pop up out of nowhere. When we look at the ecommerce market largely, Amazon itself has 80+ private-label brands which are sold “directly to their consumers”. A recent study by eMarketer shows, there are over 400 D2C (direct-to-consumer) brands in operation today.

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Waveless Picking Is A Key Capability For Ecommerce Fulfillment

Lucas

Waveless picking (also sometimes referred to as order streaming) is a method used by warehouses and distribution centers to continuously release customer orders for fulfillment. It is an essential capability for consumer goods manufacturers, wholesalers, Keep Reading. Warehouse Execution Systems Warehouse Management System Warehouse Technology WMS Work Execution Software Ecommerce Order Picking Strategies Waveless Picking

Adopting WFH Model for eCommerce Businesses Amidst Covid-19

Vinculum

Well, the good news is businesses especially eCommerce ones can strive rather than merely survive in this time with the right mix of strategy and execution. This presents the niches like health, beauty, grocery and consumer goods with an outstanding opportunity to reinstate their online presence and revenue.

Big data and supply chain optimization: Illusion vs. reality

DELMIA Quintiq

However, dumping transactional data from the transactional system(s) into a data warehouse and using it mostly for massive reporting jobs doesn’t pass muster with the need for big data analysis and immediate operational application. But if supply chain management concerns itself only with warehoused inventories, and not production floor inventories, then the value of this “big data” to supply chain decisions is low.

7 Safety Tips You Can Implement For Your Warehouse Now

EMERGE App

This is especially true for warehouses with their constant vehicular movement, heavy foot traffic, and the in-and-out flow of goods. Avoid and minimize the occurrence of workplace mishaps by following our 7 safety tips for warehouses. The biggest issue with workplace and warehouse safety is ignorance, budget and complacency. In fact, they match the operational setup that you might have in your warehouse. And observe speed limits in the warehouse!

This Week in Logistics News (April 20-24, 2015)

Talking Logistics

Swisslog acquires warehouse automation provider FORTE Industries in the United States. Though Amazon made its name selling consumer goods, its retail operation is covered in red ink. If you’re looking for something to analyze and discuss at your next team meeting, how about this quote from Amazon CEO Jeff Bezos: “Born a decade ago, AWS is a good example of how we approach ideas and risk-taking at Amazon.

Why Collect Shipping Doesn’t Work for CPG Brands

Zipline Logistics

While it may seem like a good idea, surrendering control of your supply chain in any way can cost your organization in potential fines, fees, and inefficiencies. . This now non-compliant order will be penalized at 3% of the cost of goods sold.

Countdown to Black Friday: Are You an Easy Target for Cargo Theft?

Talking Logistics

With Black Friday on the horizon, consumer goods of all kinds are making their way from manufacturers to distribution centers and retail locations across the country. The industry experiences more cargo theft incidents when there is a higher volume of consumer goods moving through the supply chain. Cargo of specific focus includes high value, hazardous materials/dangerous goods, and other security-sensitive materials.

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Strong Supply Chains Required For an Economic Rebound: Six Steps To Take

Supply Chain Shaman

What good is a test unit when there are not enough swabs or reagents? The healthcare value chain was slow to respond—the majority of Personal Protective Equipment (PPE) was in Chinese warehouses. Get Good at Sensing the Market. This type of planning needs to be deployed by all consumer manufacturers. The order is no longer a good proxy for demand. And, in consumer products industries, the latency of syndicated data is deadly. Today, I am reflective.

There Are Not Enough Women Supply Chain Leaders!

Supply Chain Game Changer

Logistics Managers, Manufacturing Directors and other Supply Chain leaders often rose from the shop floor, from front-line warehousing and transportation positions. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Strong US Economy Fueling Supply Chain Opportunities: State of Logistics Report

Material Handling and Logistics

The costs of shipping goods and services is rising , as seen by increased capacity rates, which is leading to higher supply chain costs for corporations, and the consolidation of smaller trucking and logistics companies that cannot keep pace. There is a continuing truck driver shortage in the transportation industry, which has a multitude of effects, one of which could be slower package delivery times for Americans, who by the day order increased goods and services online.

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Digital Transformation: An Imperative for Industrial Manufacturing in 2017

Cerasis

The good news is executives are aware of the importance of digital transformation. Changing Consumer Expectations. This is a universal shift that affects businesses up and down the supply chain, even manufacturers that don’t produce consumer goods. As technology has advanced and become embedded in plants, warehouses, and throughout the supply chain , businesses have needed to adapt.