Remove Inventory Remove Procurement Solutions Remove Puerto Rico Remove Sourcing
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How the Supply Chain Can Thrive in the Face of Natural Disasters

Material Handling & Logistics

In a similar fashion, when Puerto Rico was struck by Hurricane Maria last year, the supply chain of two of the island’s most important industries—pharmaceuticals and medical devices—ground to a complete halt. Graham Parker is CEO of Gravity Supply Chain Solutions , a supply chain technology solutions provider.

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Last-Mile Success - Closer and Faster

Cathy Roberson

Many retailers were slow to invest in required technologies until 2020 when the COVID pandemic temporarily forced physical stores to close and/or limit hours of operation, e-commerce purchases jumped, and last-mile delivery providers struggled to deliver goods on time to consumers. Costco, for example, acquired Innovel Solutions in 2020.

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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. Inventory strategies and processes to absorb the error. One thing is clear.

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7 Steps to Weatherproof Your Supply Chain for Extreme Weather

Resilinc

Take this example: when category 5 Hurricane Maria was approaching Puerto Rico in 2017, suppliers and critical FDA-regulated materials were threatened. With this visibility, our customers initiated a dual-sourcing effort to secure supplies ahead of time. One customer in particular successfully secured $1.5

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Record High Drug Shortages in the U.S.- Same Dysfunctional Problem

Supply Chain Matters

The report points to the three major hospital group purchasing organizations (GPOs), that control around $250 billion in health purchasing, roughly 90 percent of the market that have locked in sole-source contracts without alternative choices for hospital pharmacy buyers. “ in regions such as China , India or other countries.