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Think Tank
Pharmaceutical/Biotech: Page 168
Big Data Drives Supply Chains
Analyst Insight: More companies are using some type of "big data" software and analysis to drive their entire supply chains. Almost all supply chain organizations recognize this to be a competitive necessity. Big data is being used along all supply chain levers, from buy, make, move and sell. Successful applications require coordinated decisions across organizations and along the entire supply chain. - Nada R. Sanders, Professor of Supply Chain Management & Iacocca Chair, Lehigh University
The Nasty Questions to Answer in Your Next Location Plan
Analyst Insight: Facility location planning is a six-dimensional balancing act encompassing long-term facility commitments with need for agility, predictable demand patterns with seasonal and spiky demand surprises, material handling investments with facility flexibility, return on investment with immediate operations effectiveness, cutting-edge technology with common sense, and operational efficiency and cost reduction with technology investment. Consequently, the best FLP results are those that design in the most needed capabilities, leaving space to accommodate the flexibility that drives location success. - Robert Sabath, Principal Essentialist SCM, TRISSENTIAL
Freight Costs Finish 2013 on a Rising Note in Canada
Results published by the Canadian General Freight Index (CGFI) indicate that the total cost of ground transportation for Canadian shippers increased by 1.6 percent in December when compared with November results.
Love It or Hate It, Trade Is Driving Economic Recovery
Buyers and sellers appear generally optimistic about the prospects for trade and the economy this year. Let's hope they're not whistling in the dark.
Supply Chain Focus by Hospitals Is on Cost of Devices
U.S. hospitals spend tens of billions of dollars annually on high-tech surgical implants. But the supply chain for the devices is anything but high-tech. And that drives up costs both for hospitals and implant makers.
Retailers Have Gravitated Toward One Type of RFID Tech, But Is That the Best Strategy?
Retailers that have rolled out RFID have traditionally used handheld readers. However, some are starting to use exit-monitoring or even whole-store illumination approaches. Smart shelves have yet to take off. The dynamics are changing, which could influence which strategy makes the most sense for a given store. Which strategy is best for you?
Two Carriers Partner in Breakbulk Service to Puerto Rico
National Shipping of America (NSA) is partnering with Rickmers-Linie (America) to provide additional global connections to Puerto Rico shippers, and expand breakbulk services to the island.
UPS Acquires U.K.-based Healthcare Logistics Provider
UPS has acquired Polar Speed, a provider of temperature-sensitive pharmaceutical supply-chain services in the United Kingdom.
The Case for Free Trade
The U.S. has seen a substantial portion of its manufacturing base eroded by cheap overseas production. American workers blame free trade. So why should we speed up the process?
Amazon Plans to Handle Own Indian Logistics Network
In the next two years Amazon, the world's largest retailer, will use its own logistics network to deliver nearly every product sold on its Indian portal.
This Supply Chain Goes Nuclear
All of a sudden, the future looks bright for nuclear power. Along with that rosy forecast, however, comes a raft of new challenges to the industry's global supply chain.
Almost 40 Percent of Businesses Still Not Selling Online, Study Finds
These days, it's widely assumed that most businesses are selling directly to customers via the internet. However, surprisingly, a Grant Thornton survey found that 39 percent of businesses are not yet selling online. Online sales might seem like a dream come true "” you reach larger markets with no middlemen, at higher margins "” but, according to the Grant Thornton survey, the dream can easily turn into a nightmare.
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