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Supply (157)

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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GPS Tracking for Food Production

You’re familiar with GPS as it is being used for different navigation purposes. It has made its place in many industrial sectors. Another revolution the GPS tracking system has brought is food safety. Food safety is a global concern. People across the world do care pretty much about whether the food they’re eating is healthy or not. But is it possible? With GPS attached to your poultry, you can find out about the production of the food presented to you. A complete historical record of the product can be available to you.

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Is Amazon a Supply Chain Company?

"The fact is that Amazon has always been a logistics and supply-chain company," argued Michael Zakkour, Vice President of Global E-commerce Practices at Tompkins International while being interviewed by Business Insider. When you think about Amazon’s rise to fame as the most beloved e-commerce store around the world, Zukkour is definitely on to something. Amazon has arguably been successful since its inception in Jeff Bezos’ garage in 1994. But it was their introduction of free two-day shipping in 2005 that really got businesses and customers’ attention.

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How Can Supply Chain Managers Assess and Manage Risk in 2019

chris liverani 551998 unsplashSupply chain management is a complicated process owing to the simple fact that its variables outweigh its constants at every stage. Success at each of the many stages is crucial. However, with so many factors at play, it’s most likely that something will go wrong.

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NGOs walk a supply chain tightrope to disaster response

disaster reliefIn the aftermath of a humanitarian disaster, it's vital for help to arrive as soon as possible through monetary donations, supplies and materials, and on the ground responders. The coordination of these necessities is only achieved through complex operations, and as any disaster relief coordinator can attest, time is of the essence, both in terms of raising funds and quickly beginning relief efforts. In addition to carefully managing limited funding, humanitarian NGOs must manage complex supply chains to ensure the right resources, aid and materials are available quickly and efficiently.

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