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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).
Mike Baudendistel and Joe Lynch discuss the CPG supplychain. Mike is the Head of Intermodal Solutions at SONAR, the leading freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector.
Kearney research shows that the more companies invest, the bigger the average ROI Investments in supplychain firms and technologies represent 15-20% of total venture capital investments, according to a recent report by the management consulting firm Kearney. More than 150 supplychain startups have been acquired in the last two years.
That’s the question that continues to bedevil the global supplychain industry. As I detailed in a recent column , the answer to constant supplychain volatility is pervasive real-time visibility into the precise location, temperature or status of a shipment — at any point along the journey. Where’s my shipment? .
Jim Saponaro and Joe Lynch discuss the life sciences and healthcare supplychain. Jim is the President, Life Sciences & Healthcare DHL SupplyChain North America. About Jim Saponaro Jim Saponaro is the President, Life Sciences & Healthcare DHL SupplyChain North America. ft in warehousing space.
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!
Barry Conlon and Joe Lynch discuss supplychain risk management, which is exactly what Barry and his team at Overhaul provide to Fortune 100 companies across the world. Barry is a dedicated supplychain security professional with more than 30 years of experience within that discipline.
5 Megatrends Shaping SupplyChain Innovations. In these times of global turmoil, there are five (5) important megatrends shaping supplychain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supplychain management.
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.
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.”
Please enjoy Part 2 of our two-part webinar series focusing on high-value and controlled substances supplychains. This webinar will cover the pharmasupplychain. We will delve into understanding the supplychains for any goods or substances that are high-risk and high-security. Freight Carrier.
trillion industry by 2024 , consisting of not only food, but also cosmetics, pharmaceuticals, modest fashion, media & creation, and Muslim friendly travel. Muslim (majority) countries in Asia (such as Brunei, Indonesia, and Malaysia) and several countries in the Middle East are moving to stage 3: the halal supplychain.
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. These cargos are also at risk.
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.
<strong><em>If you think the price of fuel is the only element driving freight costs higher – </em><em>Think again! </em></strong> Introduction. Ground freight was then followed by 8.7% The best indicator of ground freight cost is the US Freight Rate Index, CPM (cost per mile).
The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player. Online freight booking. They’re coming.
Rik Schrader and Joe Lynch discuss logistics and distribution transportation, which is one of the specialties of Rik’s company, Körber Business Area SupplyChain. About the Körber Business Area SupplyChainSupplychains are growing more complex by the day. Conquer supplychain complexity – with Körber.
Backed by Ajlan & Bros and SF Express, they offer a comprehensive suite of solutions including express delivery, e-commerce fulfillment, warehousing, and freight forwarding across air, ocean, and road. Their goal is to simplify logistics for clients and partners, ensuring efficient package delivery and seamless supplychains.
Andy Bahr is the Founder and President of Bahr Transportation , a FTL brokerage focused primarily on serving the food & beverage industry, in refrigerated freight. Key Takeaways: Cold Chain Basics. In the podcast interview, Andy and Joe discuss cold chain basics and the Food Safety Modernization Act (FSMA). About Andy Bahr.
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!
JKC Trucking specializes in refrigerated and frozen LTL services from the Midwest to the West Coast, playing a crucial role in the American food supplychain. With over 30 years of experience under his belt, Mike’s expertise in climate-controlled and dry freight transportation is widely recognized.
Intermediaries may include financial experts, data analysts, freight auditors, and more. Although it may seem counterintuitive for a third-party logistics provider (3PL), like Cerasis, to trumpet such prospects, the resounding impact will drive greater efficiencies in supplychains. GET YOUR FREE WHITE PAPER.
International Air Freight Shipping: Definition. While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo. International air freight and express freight shipments are not the same thing.
Much attention (and financing) has been directed over the past years to the expansion of supplychain visibility, mainly “real-time visibility platforms” and to “sensor-based visibility solutions“. The past years have brought with them immense challenges for carriers, logistics operators and supplychain managers.
It is also attractive for industrial uses like food, pharmaceuticals, and textile production. Tim has crafted delivery solutions for many e-commerce and freight forwarding clients. He has also managed the supplychains for both bulk and consumer chemical companies. LogiSYM SupplyChain Magazine – October 2022.
With Service Optimizer 99+ (SO99+) ToolsGroup’s manufacturing customers commonly achieve a 10-30% reduction in inventory, improve product availability to 96% or better, and reduce overhead (such as overtime and expedited freight) by 50%. CIPLA Medpro is a pharmaceutical company that produces world-class medicines at affordable prices.
Even as both economic blocs continue to recover at a decent pace, more and more of the demand for air freight will shift to sea and rail. That leaves the trans-Pacific air freight lane as the key engine of growth, both in volume and revenue. Partly to blame for this situation is the slowdown in Europe and China.
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. And As For Global Freight…. Source: Amazon.com.
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.
Pharma shipping leaders have been leading the way to improve the distribution rates for the COVID-19 vaccines. Today, industry leaders have come together to push for changes and bolster the global supplychain network to enable the rollout of essential medicines to become more effective. Reorganize Assets to Build Resilience.
Pharma shipping leaders have been leading the way to improve the distribution rates for the COVID-19 vaccines. Today, industry leaders have come together to push for changes and bolster the global supplychain network to enable the rollout of essential medicines to become more effective. Reorganize Assets to Build Resilience.
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.
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.
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.
Rethinking supplychains is a reader-supported publication. DeliverDirect serves various industries, including retail, pharmaceuticals, manufacturing, and related sectors, and it utilizes a network of alternative carriers for the last-mile delivery. 😉 Rethinking supplychains is a reader-supported publication.
Subscribe to SupplyChain Game Changer. SupplyChain Should Lead the Boardroom … the Coronavirus Proves it! Chief SupplyChain Officer article and permission to publish here provided by Sam White at argentus.com. Subscribe Here! Email Address.
Supplier Collaboration: Driving Innovation and Competitive Advantage In today’s hyper-connected global economy, where supplychains span continents, and industries are interlinked globally, supplier collaboration serves as the foundation to drive innovation and create a future-ready organization. What is supplier collaboration?
ShipChain, a decentralized freight and logistics platform operating on Ethereum, announces that its mainnet, a public delegated Proof of Stake sidechain of the Ethereum network, is now live. This launch is a significant milestone toward achieving a modular system across the entire supplychain. Pharmaceutical. ParcelLive.
Blockchain Has Meaningful Impact on Finance as well as Freight Shipping: Heres the How and the Why What Even Is Blockchain? Transparency and Efficiency Freight shipping involves multiple parties at every step of the process. Why Should You Care? It uses blockchain to connect shippers, ports, customs authorities, and other stakeholders.
While individual freight forwarders and logistics providers can track their own operations, WiseTech has a macro-level perspective, one that spans regions, industries, and trade lanes. Industries like electronics or pharmaceuticals, which rely heavily on just-in-time supplychains, would find this invaluable.
ATA Releases Latest Freight Forecast, Projecting Strong Trucking Growth. Retailers and small and midsize businesses (SMBs) – the two market segments supplychain and logistics software vendors are hyper-focused on these days. According to the forecast, overall freight revenue will grow by 63.6 percent to $1.3
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 a recent report, IEA indicated that global battery and mineral supplychains need to expand ten-fold to meet projected critical minerals needs by 2030. According to the International Energy Agency (IEA), demand for electric vehicle (EV) batteries will increase from around 340 GWh today to over 3500 GWh by 2030. 7-Eleven Inc.
The catalyst was fairly simple – there are freight conferences and tech conferences, but few that really mesh both very well. There was also some startling consensus on some core ideas: Freight is complex and transformation won’t happen overnight. Freight used to start with a golf game or a phone call. It already has.
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