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Supplychains, which facilitate the movement of products from manufacturers to consumers, have historically encountered issues such as inefficiency, fraud, and a lack of transparency. Blockchain technology is supporting this by providing a secure, decentralized, and tamper-proof method for real-time product tracking.
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.
In the United States, there are a lot of billion dollar industries , led by hospitals, pharmaceuticals, commercial banking, life insurance, and petroleum wholesaling to name a few. However, there is probably one industry that most of us would not think of in this list: the cargo theft industry.
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.
The Covid-19 pandemic severely exacerbated the shock to the Global economy.Global and Regional Trade and related Supplychains experienced unprecedented disruptions. The pandemic exposed major supplychain vulnerabilities affecting the Manufacturing, Industrial Logistics , Commercial sectors as well as Food Security challenges.
Today’s supplychain and logistics management executives are tasked with managing multiple supplychain configurations, maximizing flexibility and incorporating complex technology systems into the mix. Today, RFID is building a new era for process automation and supplychain transparency.
Supplychain conferences are an excellent way to connect with industry professionals, learn about new technologies, and refine your operation through the experience of others. WHITE PAPER] The Top SupplyChain Trends that Will Impact SupplyChain Management in 2018. GET YOUR COPY HERE.
Real-time visibility tools are generally most effective for over-the-road shipments. Air cargo visibility is also becoming a more important aspect of overall transportation visibility. The result is air cargo has rebounded to levels that are on par with the pre-Covid economy. Real-Time Visibility Technology.
For the past few years, the air cargo market has greatly benefited from international e-commerce. According to the International Air Transport Association (IATA), 80% of e-commerce is transported by air and makes up upwards of 30% of total air cargo volume. Rethinking supplychains is a reader-supported publication.
As Steve Banker wrote about in last week’s news roundup, the worldwide shortage of semiconductors is expected to last through the first quarter of 2023 at a minimum according to the electronics supplychain analysis firm Supplyframe. As a result, Ford is revamping its supplychain operations to focus on “built-to-order” vehicles.
Transporting pharmaceuticals is arguably more important than manufacturing them, because it enables these lifesaving medications to make it to where they are needed most. Guarding Against Cargo Theft Cargo theft is one of the largest risks associated with pharmaceutical manufacture and transport. Download White Paper.
Who said supplychains are boring? Whenever I tell a friend, colleague or family member about my job as soon as the words "supplychain" are muttered I immediately see glassy eyes followed by a yawn or two. Using GPS to track cargo containers. China SupplyChain Council. MIT SupplyChain 2020.
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.
One of the most difficult and expensive aspects of the supplychain is last mile and home delivery. The use of last mile drones is still challenging for a variety of reasons including FAA regulations, public perception, and the technology itself. Today, I want to look at last mile drones and what the future holds.
Pharmaceuticals is one industry that's always standing on the verge of doing 'the next big thing' when it comes to not only medical, but also technological breakthroughs. The same goes for transporting and tracking pharma products.
Blockchain technology is a major disruptor in the supplychain. It stands to change the game as we know it by giving companies a better way to ensure traceability throughout vast supplychain networks. In order to properly disrupt the supplychain of today, you need to know everything there is to know about it.
We salute the year’s top advancements in supplychaintechnology 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.
Augmented reality, or simply known as AR, is the usage of technology to superimpose computer-generated sensory input such as sound, videos, and images over a person's real-view world. The possibilities for AR may be endless, but how can this groundbreaking technology supplement and ultimately, improve the existing modern supplychain?
Pharmaceuticalsupplychains demand end-to-end visibility The pharmaceutical industry is a huge global business with an intricate supplychain that demands visibility and transparency. The right in-transit visibility solution paves the way for better accountability across your entire supplychain ecosystem.
Our salute to the best advancements in supplychaintechnology, processes and labor management from 2017. This is our annual salute to the best in people, processes and technology within the supplychain arena. We think you’ll enjoy this year-end recap of supplychain innovations and best practices.
Although most industries are focusing on supplychain efficiency, pharmasupplychains bring a bigger worry into the picture: patient safety. One of the major worries for the global pharmaceutical industry around patient safety is counterfeit drugs.
Amazon Air’s network is starting to look more like the hub-centric models of air cargo giants FedEx and UPS. Amazon has ramped up air cargo flights at its largest hubs while maintaining or shrinking flight activity elsewhere, according to an institute tracking the company’s air operations.
Hurricane Ida and a February severe frost in Texas wreaked havoc on the petrochemical supplychain, causing delays in manufacturing resins, plastics, and other components needed in everyday items. Here’s a look back at the top 5 logistics stories from this year (2021): Suez Canal blockage that affected global supplychains.
Subscribe to SupplyChain Game Changer. Food Waste and World Hunger – The Food SupplyChain is Broken! The cold chain is a temperature-controlled supplychain that includes continuous refrigeration of the product from production to transportation, handling, storage, and delivery. Subscribe Here!
Rwanda is a tiny country in Africa, the fourth smallest to be exact, but one making giant strides in embracing the latest technology. 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. Rwanda is at a distinct disadvantage.
If your shipment contains pharmaceutical goods, the risk is increased as pharma shipments are more prone to damage, theft, or tampering in transit and pharma track and trace systems are not helping either. Your pharma track and trace system needs to be built differently from your regular shipment tracking system.
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.
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.
Like any industry, in SupplyChain and Logistics we have a lot of Acronyms and Abbreviations. 4PL 4th Party Logistics – A step beyond 3PL, 4PL providers manage the entire supplychain for a client. APS Advanced Planning Systems – Softwaretools that use complex algorithms to optimize supplychain planning.
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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. Five years of supplychain product experience and a MBA or SupplyChain Masters, is required.
Cold Chain Temperature Management Matters. To ensure product quality, a temperature-controlled supplychain known as the cold chain was established to ensure temperature-sensitive products are monitored at every step of the process. Cold chaintechnologies have evolved over the years. in 2020 and another 1.3
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.
No one can sympathize with the unique challenges of the pharmaceuticalsupplychain like Academy Award-winning actor Tom Hanks. Nevertheless, Hanks’ characters always find a way to pull through, and in considerably less time than it typically takes for a pharmaceutical company to get its drugs to market.
India has a robust manufacturing sector, with typical products including textiles, chemicals, food, steel, transportation equipment, cement, mining, petrochemicals, machinery, software and pharmaceuticals. . SupplyChain Infrastructure for Manufacturing. However, its growth rate of 6.7% of the GDP. as of 2017.
Pharma cold chain monitoring technologies have progressed in leaps and bounds and evolved from manual data collection to data loggers with automated logging but manual extraction, and from data loggers to Bluetooth devices when sync was wireless using a mobile phone.
Supplychain conferences are an excellent way to connect with industry professionals, learn about new technologies, and refine your operation through the experience of others. The Amazon Effect: How the Retail Giant Has Shaken Up the SupplyChain and What SupplyChains Can Do to Keep Up.
Following the fruitful discussions in 2015, SMi’s annual Cold Chain Distribution conference will bring back lively debates and industry updates to London, offering the best platform for delegates to stay ahead of this lucrative market! Supported by SupplyChain Media. Andrea Gruber, Senior Manager, Special Cargo, IATA.
Augmented reality, also known simply as AR, is the usage of technology to superimpose computer-generated sensory input like sound, videos, and images, over a person's real-world view. The possibilities for AR may be endless, but how can this groundbreaking technology supplement and ultimately, improve the existing modern supplychain?
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.
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.
Subscribe to SupplyChain Game Changer. These companies stand apart from the others because of the value they provide using their innovative solutions backed by modern technology, and an eager and efficient workforce. The company is the choice of businesses that want hassle-free EXIM Cargo services. Subscribe Here!
Every link in a supplychain must be protected form theft. While escalating political conflict and climate change cause severe problems for global supplychains, the danger posed by criminals targeting shipments should be a major concern of most industries , according to the British Standards Institution. billion in 2015.
Every link in a supplychain must be protected form theft. While escalating political conflict and climate change cause severe problems for global supplychains, the danger posed by criminals targeting shipments should be a major concern of most industries , according to the British Standards Institution. billion in 2015.
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