Remove Inventory Remove Puerto Rico Remove Sourcing Remove Strategy
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Supply Chain Best Practices: Preparing for the Worst

Elementum

Potential Sources of Disruption. Identifying sources of risk and developing a plan are only part of the story. Consider your suppliers' contingency planning strategy when selecting vendors, and test them regularly with different scenarios. What alternative plants/factories/sources of supply do they have at their disposal?

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Supply Chain Best Practices: Preparing for the Worst

Elementum

Potential Sources of Disruption. Identifying sources of risk and developing a plan are only part of the story. Consider your suppliers' contingency planning strategy when selecting vendors, and test them regularly with different scenarios. What alternative plants/factories/sources of supply do they have at their disposal?

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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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ThankX Delivery Services!

Supply Chain Game Changer

What is your Strategy? In March 2020, Real Estate Investor/Tax Analyst Carlos Colon (a Philadelphia native, raised in Puerto Rico) decided to bring an idea of his to life; one which was building in his heart for a long period of time. The Creator (God) is the greatest source of energy that there is. Email Address.

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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. Plan to hold extra inventory at other sites.

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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.