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Supply Chain Virtual Summit Recap

On February 6, Infor opened the doors to their Supply Chain Virtual Summit where Supply Chain experts spoke about current issues and trends in the industry. While completely online – the summit offered the same advantages of attending a live conference without ever having to leave your office.

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Look at these Trends That Are Shaping the Supply Chain in 2020

The past decade was a defining time for the global logistics industry that saw the sector grow tremendously. It is the decade that saw the introduction of various aspects that made the industry improve while also introducing different challenges that were never seen before. Advancements in technology strengthened the capabilities and operations in logistics such as packaging, labeling, and shipping while also introducing challenges such as loss of job and security concerns. As we begin a new year, these are the trends that will shape the supply chain industry going forward.

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How Can A Small Business Compete In A Global Marketplace?

Online shopping is becoming easier, consumers expect delivery faster than ever and the supply chain is growing increasingly complex. Consumers demand the same level of efficiency from the largest global brands as they do from local shops. Whether an aspiring entrepreneur or an established local business, today’s small business owners are competing in the global marketplace.

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Upcoming Virtual Supply Chain Summit Invitation

New year – but the same problems are plaguing the supply chain industries world-wide. Supply chain companies are under increased pressure to decrease delivery time without raising the cost of shipping. To add to that - organizations are scrambling to come up with solutions that will not only grow their business but retain qualified employees.

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Multichannel Efficiency In The Supply Chain Demands Attention And New Methods

Retailers often face challenges when it comes to balancing their acts within their supply chain. This said, understanding the elements that make a multichannel and omnichannel supply chain is critical to success of any business and is essential for profit-making. With the rise of the internet, multichannel supply chain has gained traction and offers companies a variety of options on how to reach their consumers. However, determining the most efficient set up despite the technological tools at your disposal is not as simple as many people would want to believe.

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Pharmaceutical Industry Has Made Significant Progress in Addressing DSCSA Serialization Requirements

A new Barcode Assessment study conducted by AmerisourceBergen Corporation, McKesson Pharmaceutical and Cardinal Health, in collaboration with GS1 US®, revealed that 74.3% of pharmaceutical barcodes scanned in the wholesalers’ facilities meet the 2013 Drug Supply Chain Security Act (DSCSA) serialization requirements—a 54% year-over-year improvement when compared to the same study conducted in 2018. Details of the Barcode Assessment study are published in a new GS1 US report, “2019 Update: Barcode Readability for DSCSA 2023 Interoperability.”

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Sustainable Fashion Is Possible, But Not Without Supply Chain Help

Consumers want eco-friendly fashion. Brands want sustainable businesses. So how does the fashion industry get there? The short answer is with a little help from the supply chain.

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Effects of Tariffs on the US Supply Chain

On July 6, 2018 after months of threats, the United States began to collect a 25% tariff on $34 billion worth of imported Chinese goods. Today, that number has reached $250 billion with the US-China Trade War showing no sign of being resolved in the near future.

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3 steps to having a successful career in supply chain management

To progress in any industry, hands-on experience is vital; it’s not just about knowing the theory, it’s also about doing it in practice. The discussion of whether experience or a degree is more important has been ongoing for a number of years - and we often see experience coming out on top in terms of what employers are looking for.

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3 Issues in Managing a Supply Chain

With the rising globalization of different operations from manufacturing all the way to warehousing, having a network of procurement which is capable of supporting and reacting to the needs of the supply chain is a challenge. In fact, many procurement professionals believe that selecting a supplier who is capable of providing manufacturing locations consistently and offering a reliable service is a challenge. Effective management of the supply chain enables businesses to track products and raw materials required for the manufacture of their products. It also enhances optimization of inventory levels and reduces costs which in the process lead to synchronized supply and demand.  

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