Remove Examples Remove Inventory Remove Procurement Analytics Remove Puerto Rico
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Record High Drug Shortages in the U.S.- Same Dysfunctional Problem

Supply Chain Matters

That number is the highest reported since 2014, including the period of the Covid-19 pandemic during the years 2020 to 2023. Generic versions of drugs are prescribed as a means to reduce healthcare or health insurance costs with the goal of being able to treat higher numbers of patients. This is not a new phenomenon.

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7 Steps to Weatherproof Your Supply Chain for Extreme Weather

Resilinc

According to our data, Extreme Weather was the 11 th highest reported disruption in 2022. Take this example: when category 5 Hurricane Maria was approaching Puerto Rico in 2017, suppliers and critical FDA-regulated materials were threatened. One customer in particular successfully secured $1.5

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KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Cost as a percentage of sales (Logistics or Supply Chain). Inventory stock turns in Days. It might help to think of a KPI as something like an instrument on a car dashboard—a speedometer for example. Later in this article we’ll look at some examples of functional and cross functional KPIs. Inventory management.

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How the Supply Chain Can Thrive in the Face of Natural Disasters

Material Handling & Logistics

More devastation from different natural disasters seems to have been reported in the last year than we’re typically used to seeing. For example, the catastrophic Tohoku earthquake and tsunami a few years ago resulted in a massive US$210 billion in costs for Japan. Graham Parker. .

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What About Them Apples?

Supply Chain Shaman

A shortage of pharmaceuticals in Puerto Rico. If we look back at history, 70% of companies implemented Vendor Managed Inventory (VMI), however two-decades later only 1% of companies use VMI processes to drive a better demand signal. Let’s take an example. Inventory strategies and processes to absorb the error.