This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Supplychains, which facilitate the movement of products from manufacturers to consumers, have historically encountered issues such as inefficiency, fraud, and a lack of transparency. Companies find it difficult to fully trust the data from suppliers, complicating efforts to ensure product authenticity, safety, and ethical sourcing.
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. containerized loaded cargo volume and more than 18% of the East Coast container trade.
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.
Marco Tieman , Chief Executive Officer at LBB International Background According to the 2022 State of The Global Islamic Economy Report, the global Islamic economy is an estimated USD 2 trillion industry consisting of the following key industries: halal food, modest fashion, media & recreation, travel, pharma, and cosmetics.
Our salute to the best advancements in supplychain technology, processes and labor management from 2017. This is our annual salute to the best in people, processes and technology within the supplychain arena. This is our annual salute to the best in people, processes and technology within the supplychain arena.
In a conversation beginning at the tail-end of a lecture and concluding on a patio overlooking the Western Wall in Jerusalem’s Old City, I spoke to Celine Hourcade, IATA’s Head of Cargo Transformation. For a couple of reasons but mostly because: Cargo is not the core revenue center of air carriers, passengers are.
Supplychain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. What can supplychain managers do to ensure that action is taken quickly and efficiently when disruption strikes? Identify Risks in Your SupplyChain.
We salute the year’s top advancements in supplychain technology and processes. Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supplychain roles are rapidly being transformed into all-new opportunities. Warehouse Automation. Media Type.
In the tradition of David Letterman, (in no particular order) let’s hit the Top 10 SupplyChain Predictions for 2012. Supplychain risk will not go away. At the start of 2011, I wrote a blog (SupplyChain Risk and Charles Darwin) that highlighted 2010 as the worst on record for supplychain disruptions.
Not the Zip… “The Zip looks more like a plane, and it’s launched with a slingshot, delivering its cargo with a parachute before returning home. ” Source: ReCode.net. Zipline is using Rwanda to test a system of distribution medical supplies in hard to reach areas. Here’s the Zip in action. New York Times.
As simple as it may seem, air cargo isn’t just about moving boxes in planes. In short, your air cargo does more waiting than flying. Although it pretty much does the job, Cargo iQ still relies on data inputs from external sources, sources that may not be real-time or reliable enough to base important decisions on.
The bolded line is key, explaining why Amazon’s acquisitions have shaken markets – the Whole Foods acquisition prompted a $12 billion drop in grocery shares and the PillPack acquisition triggered a $15 billion dollar pharmaceutical share drop. Source: Amazon.com.
There are undoubtedly moments when risk managers would like to “take a knee” in order to find respite from the risks their supplychains face. The report points to potential vulnerabilities in a significant percentage of global supplychains. First, supplychains have grown complex and global.
Almost 75 percent of US companies are experiencing capacity shortfalls in their supplychains, due to Coronavirus-linked transport disruptions , a new study has shown. With some 5 million companies impacted by China’s supplychain woes, the picture is similar in other parts of the world. China’s Pharma Delivery Industry.
Global Cargo Monitoring / Cargo Tracking. By having many service providers involved, which among each other are often not connected, the friction in moving goods from source to destination are very high. Managing logistics operations for a global supplychain is challenging. Subscribe To.
Supplychain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. What can supplychain managers do to ensure that action is taken quickly and efficiently when disruption strikes? Identify Risks in Your SupplyChain.
An up-close look at the the young people who embody the best traits of the new SupplyChain Generation. While the ratio of male-to-female managers in the supplychain field has hovered around 9:1 for an uncomfortably long time, that trend may slowly but finally be changing. 30 SupplyChain Leaders Under 30—Class of 2016.
In this regular edition of our featured column, SupplyChain Matters This Week in SupplyChain Management Technology , we provide a capsule synopsis of noteworthy supplychain management focused technology news which we believe would be of specific interest to our global-based multi-industry supplychain readership.
Every industry has dealt with the fallout or repercussions caused by COVID-19 -related disruptions to the supplychain. Every aspect of supplychain shipping and tracking relies on implementing sound last-mile retail delivery services. Retail Is Gradually Evolving to Become Synonymous With Pharmaceuticals Too.
Covered topics included the supplychain tumult of 2021, trends affecting key commodities like aluminum, silicon, and cobalt, and the evolving risk landscape for reshoring, cybersecurity, ESG issues, and more. For us at Resilinc, strengthening the supplychains that power our lives is more than a business model—it is a core value.
Subscribe to SupplyChain Game Changer. How Cold Chain Differs Between the Food and Pharmaceutical Industries! Our team can pick up your samples from the source or you can drop them off at one of our locations. Originally written for SupplyChain Game Changer and published on November 25, 2022.
What is also real is the impact it has on supplychains. In fact, it will not be a stretch to say that climate change is currently the biggest threat that global supplychains are facing today and is responsible for shortages and disruptions in several industries. Source: Statista.com. parts per million.
Since then, the impact on manufacturing and global supplychains, across multiple industry sectors, has been significant. Cargo volumes have dropped by between 5 and 25 percent in the same period at ports in Europe and the United States. Pharmaceuticals. Pinpointing the Industries Hit the Hardest. Technology.
The Elastic Logistics approach has become an appropriate response recently when SupplyChain Management (SCM) found the challenges of persistently tracking an enormous variety of items and suppliers and the need to fulfill ever-growing client’s personalized demands and expectations. Source: Logistics 4.0
The technology has proved to be of particular value in in the pharmaceutical industry, where the slightest deviation in temperature can ruin an expensive shipment of drugs. Swiss-based Smart Containers Group , which designs temperature-controlled containers for pharma shippers, among others, collects more than 1.2
Typical manufacturing products made in Belgium include engineering and metal products, automobile assemblies, transportation equipment, scientific and precision instruments, chemicals, pharmaceuticals, textiles, glass, petroleum and food and beverages. SupplyChain Infrastructure for Manufacturing. percent, France 9.5
While there is still some question as to whether blockchain technology can live up to the hype it has generated, it is making inroads into the supplychain environment. Blockchain in the Jewellery SupplyChain. The system has been enjoying success throughout its early phases. Berkshire Hathaway.
Is it too good to be true, or is it what the new supplychains will look like by using the Internet of Things? Here are some ways better visibility will translate into more efficient supplychains. Modern supplychain solutions are driven by clean data. Tracking –. Inventory –. data report here. Spotify. ,
From California to Connecticut, and Novi to New Orleans, EcoVadis was on the ground contributing to the advancement of sustainable procurement and CSR/sustainability practices in global supplychains during our most active year on record in the US. Ethical Sourcing Forum (New York, NY).
According to the 30th Annual State of Logistics Report by the Council of SupplyChain Management Professionals (CSCMP), companies spent $1.64 In 2020, the COVID-19 pandemic crisis caused unprecedented disruption in supplychains around the world. billion, while transportation costs increased by 10.4%
The world of supplychain and logistics is changing every day. Each one is featured as having done something unique to reinvent their supplychain and logistics. For discount retailers like Burlington, the supplychain is often a competitive advantage — and thus a secret recipe for success.
Drivers currently using a KeepTruckin ELD will be able to automatically import route and shipment data into their ShipChain account and share the shipment data across the supplychain. . ShipChain Mobile brings control of your supplychain into the palm of your hand. Keep track of valuable cargo images.
Shipping containers are an integral part of the world’s supplychain. With over 34 million active containers worldwide, everything from pineapples to pharmaceuticals makes its way around the globe in these boxes. Along with spoiled goods, cargo theft represents a large percentage of lost income in shipping.
No one would really know what was on any cargo ship until they opened each individual package. This would severely slow down the shipping and distribution process, increase the risk of damage or loss, and compromise the stability of an entire supplychain.
Additionally, we could see another substantial source of added freight volume to the market in the industrial sector. Things could be more of a challenge for those in the pharmaceutical sector or those who ship high volume refrigerated orders because the vaccine will take priority over other less critical freight.
I’d love to see dozens or even hundreds of active apps using the ShipChain sidechain doing all kinds of supplychain activities. We are very excited about the increased interest we have seen from Food and Beverage, Oil and Gas, Pharma, and High Risk/High-Value cargo companies. So, in 3 years?
This includes port data, social media, news, event and weather (SNEW) data, weather data (to some degree), traffic data, and other available sources to provide an accurate ETA to warehouses, stores, and end consumers. For ocean cargo, however, if a shipment gets bumped to the next ship, it can add up to 15 days to the transit time.
As climate change drives up the regularity of natural disasters, supplychains must rely on real time data to thrive. . . . . SupplyChains at Risk. How then can your business protect itself from the risks of such overwhelming supplychain disruptions? Graham Parker. . To put it simply, context matters.
As many companies push for this change and commitment to a business, it leaves less capacity for typical pharmaceuticalchains—especially pharmaceutical companies that do business in the last mile of residential delivery. The State of Shipping Pharmaceuticals in the U.S.
It’s the decade we’ve decided to call the “Decade of SupplyChain”, because we truly feel that the next ten years will see supplychain take its rightful place at the heart of business organizations and at the heart of discussions about business optimization world wide. Digital twins.
SupplyChain Matters provides an added update as multi-industry supplychain teams hunker down for an expected U.S. Industry SupplyChain Impacts Many businesses will be impacted by this disruption with estimates that upwards of $5 billion in global trade per day can be impacted if all ports are disrupted.
Andrew is on a mission to help small to mid-size enterprises implement high-performance tactics and technology to their supplychain, so they can scale up without stress. He then decided he wanted a career change and moved to pharmaceutical manufacturing in Australia. There is not a lot of contact in business deliveries.
Andrew is on a mission to help small to mid-size enterprises implement high-performance tactics and technology to their supplychain, so they can scale up without stress. He then decided he wanted a career change and moved to pharmaceutical manufacturing in Australia. There is not a lot of contact in business deliveries.
The SupplyChain Matters blog provides commentary and perspectives on FedEx’s sudden and unexpected warning of revenue and profitability shortfall prompting decisive actions. It is yet another development in this new, new normal of business and supplychain developments. Development. Explanations.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content