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Supplychains are entering the era of legal volatility sharkins Wed, 06/11/2025 - 11:22 The conventional assumption that tariffs are geopolitical risks is becoming outdated. The resulting strategic question for companies is: How do we build resilient supplychains when even the rule-makers are unstable?
Supplychain networks depend on structured data, exchanged through APIs, middleware, and telemetry, to coordinate across facilities, regions, and partners. AI Deployment in Operational Context Artificial intelligence has become a common feature in supplychain systems, though the depth of adoption varies widely.
Safety Stock: Navigating SupplyChain Volatility Through Strategic Inventory Planning Demand volatility represents a critical challenge for supplychain executives today, with safety stock emerging as a key strategic tool to mitigate market uncertainties.
Pharmaceutical companies run two types of supplychains. There is the commercial supplychain where drugs that have been approved for use on patients are shipped to distributors, drug stores, and hospitals around the world. Then there is a clinical trials supplychain. dollars on drug development.
There’s little room for error in most global supplychains, but none for the pharma cold chain. Real-time visibility and tracking are critical to order accuracy, schedule reliability, inventory management and compliance in a high-value, highly regulated industry.
And how can supplychain planning help? In one project, I am interviewing over fifty supplychain leaders on their perceived impact of advanced planning, what makes a good plan, and how effectively they use the technology. I am also writing the new edition of the SupplyChains to Admire.
Today, we published The SupplyChains to Admire for 2023. Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. I admit it.
Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of SupplyChain Leadership? Designed to lift the profession and celebrate supplychain results, I struggle to find that the methodology supports either objective.
This is a story for the Eds, Franks, and Toms working together in supplychains across the globe. It is also a story for a young supplychain manager attempting to make a difference, but feeling stymied. He felt that inventory was no problem, he would just cut it at the end of each quarter to make the balance sheet goals.
Today we published a new report, SupplyChains to Admire. The data analyzed to compile the SupplyChains to Admire report came from publicly-available information from balance sheets and income statements. As a result, we report their results along with their pharmaceutical peer group.
If you’re a pharmaceutical company, you fear the hit to your business, both headlines and bottom line. Makers of weight loss drugs are looking out a big picture window of patented opportunity right now, but this rosy view is blocked by supplychain challenges. What role can supplychain play in preventing stockouts?
This week, Gartner is hosting their annual supplychain conference. It is now the Gartner SupplyChain Top 25. The research tries to establish “ who did supplychain best ” by looking at a weighted formula of Year-over-Year Growth, Return on Assets (ROA), and Inventory Turns for the Fortune 500 companies.
Supplychain sustainability is a higher priority than ever. In MIT’s State of SupplyChain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. We must plan, source, make, and deliver differently for supplychain sustainability.
Supplychain resiliency and sustainability are top priorities for CEOs today. To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supplychains to collaborative supply networks and actively design their supplychains.
Do Embrace Technology and Data : Use real-time data for demand forecasting, inventory management, and route optimization. Do Set Clear KPIs and Governance Structures : Establish transparent metrics for sales, coverage, and service levels. Regular reviews and joint business planning foster accountability and trust.
As supplychains adapt to rising complexity, automation has moved from an optional investment to a core operational strategy. AGVs move bulk-picked goods to shipping areas or replenish high-turnover inventory zones. Pharmaceutical Production AMRs operate in cleanroom environments, reducing human contact and contamination risk.
According to one survey , only 27% of leaders believe that they have the talent needed to meet current supplychain performance requirements. What should supplychain leaders be looking for to close the talent gap? AGCO Logistics Team Accepts Prestigious SupplyChain Award. We need people that are adaptable.
As I was enjoying the holidays, I had an opportunity to reflect on the year past and what the future holds for supplychains. However, organizations will need to be deliberate in designing supplychains with optionality so it does not become cost prohibitive. SupplyChain Design is essential in tackling these.
If you want to know ahead of time the changes awaiting the pharmaceuticalssupplychain 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).
I feel that topic of supplychain management is analogous to the downward cycle of the news channels. What Drives SupplyChain Excellence? I analyze supplychain management. The broader the definition of end-to-end strategy and the alignment of supplychain processes drives value.
SCB Feature Report From DPW: What’s Next for AI in SupplyChain? That’s because the promise of artificial intelligence for supplychain operations is huge. It could do more to accelerate the journey of supplychain operations from the backroom to the boardroom than any other change. trillion to U.S.
Subscribe Circular Economy in Chemicals: Collaborative SupplyChain Solutions! You might think it’s magic, but it’s actually the hard work of chemical import and export companies working behind the scenes to keep global supplychains ticking. appeared first on SupplyChain Game Changer™.
states, obvious disruptions to supplychains and supplychain risk management were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. The human links of the supplychain were stressed. These ports accounted for 18.3%
Vaccinating the SupplyChain with Andrew Kelley. Andrew Kelley and Joe Lynch discuss vaccinating the supplychain. Andrew is an experienced technology executive and entrepreneur with over 20 years of experience in supplychain, logistics, SaaS, software, and technology-enabled services businesses.
In my day-to-day work in supplychain management, I find more encounter more opinions than facts. …most discussions are fueled by over-zealous and self-serving marketing programs. Downsizing inventories over the past decade crippled the response.” Days of Inventory Peer Group Across Time Periods. Reflection.
The future of supplychain I foresee brings new risks and challenges, along with recognition that doing things the same way will no longer lead to the same success. Just as the saguaro is both nursed by and supports life in its ecosystem, it behooves supplychains to invest in their ecosystems, both suppliers and employees.
Megatrends Shaping SupplyChain Innovation. While the COVID-19 pandemic woke up supplychains around the world, the ripple effects continue to disrupt in both size and scope. How are supplychains planning for further disruption and uncertainty? Creating a more resilient supplychain.
The global supplychain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. The impact varies by supplychain sector and value chain. Instead, supplychain leaders need to focus on the minimization of waste, and the alignment of signals.
Many of the world’s largest companies have committed to reaching net zero by 2050, triggering a ripple effect throughout global supplychains. For most CPG brands, indirect emissions — those that occur across the supplychain — represent the majority of their carbon footprint. Retailers are following suit. In the U.S.,
In early April I attended the LogiPharma Europe 2018 conference in Montreux, Switzerland, an event that attracted more than 800 attendees, including practitioners and executives from pharma and medical device industries, along with software vendors and many service providers. Patient-centric networks are reshaping pharmasupplychains.
Pharmacies typically have a vast supplychain network. Managing inventory effectively and carefully is necessary for pharmacy. By enhancing inventory management , a Pharmacy can reduce costs and improve overall operational efficiency. PharmaceuticalInventory software is valuable for pharmaceuticals.
Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supplychain during COVID. The company bought a risk solution that provides real-time alerts to potential supply disruptions. We knew exactly what we couldn’t get.”
In supplychain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. Ipsen, a global bio-pharmaceutical company , disproves that. The post Does Perfect Customer Service Make Sense? appeared first on Logistics Viewpoints.
Factories for most commodities (other than essential commodities, pharma, medicinal and medical devices, food and groceries) were shutdown globally. Huge demand supply issues breaking the ever-so-fragile supplychain globally. It is now or never for supplychains globally if they do not put their acts together!
When companies want to digitally transform their supplychain capabilities, moving to an integrated business planning process (IBP) is often at the heart of the transformation. GEON Embarks on a Digital Transformation GEON Performance Solutions is embarking on a supplychain transformation. GEON is owned by SK Capital.
“If only I had the money that the company was supposed to save from the multiple ERP and supplychain projects. This year supplychain leaders will celebrate thirty years of progress in supplychain management; but we have not made progress on one of the funamentals: inventory management.
At SupplyChain Insights, we have been actively working in our own mine sweeping project. The company was then assigned to one of 37 peer groups based on the SupplyChains to Admire methodology. For this analysis, J&J was assigned to the pharmaceutical industry. Does SupplyChain Planning Drive Value?
Still, it can be just as disruptive to supplychain performance. Unlike other areas of the supplychain, fleet management lacks a structured leadership development pipeline. Preventive maintenance derails, compliance filings are missed, and work orders begin piling up. On day one. And when they struggle?
Earlier this week, I attended the LogiPharma conference, a wonderful event for supplychain professionals working in the pharmaceutical industry. All-in-all, it was a great validation of my point of view about where the pharma industry is with regards to its supplychain challenges, maturity and where it needs to go.
By harnessing the growing power of AI to not only sense demand at a very fine-grain, real-time level, but also to govern decisions about pricing and inventory. In terms of inventory strategy, First Insight assigns each SKU a unique “Value Score” based on a range of factors, including pricing, likeability and consumers’ likelihood of purchase.
” The storyline starts with a supplychain story of a shortage–semiconductors, rental cars, plastics–and ends with an easy answer. Nothing about the current state of the supplychain is easy. Supplychain leaders have the ability to drive change like never before. And, voila!
. <Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supplychain planning software. Let’s face a hard fact: the supplychain planning market is a mess. I have followed the supplychain planning market for sixteen years as an analyst.
If you ask companies if they would like better inventory and global supplychain visibility, you will get an overwhelming answer of, “Yes!” The term supplychain visibility varies by role. Today, I published a new report on building Digital SupplyChains. ” The answer is simple.
Can You Prevent SupplyChain Disruptions in Life Sciences? Supplychain disruptions in the life sciences industry can have serious consequences. While its impossible to eliminate all risks, companies and the industry at large can take proactive steps to minimize disruptions and improve supplychain resilience.
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