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Think Tank
Industries: Page 459
Pharma Labeling Standards Will Help Supply Chains, Patient Safety
A group of U.S. pharmaceutical and healthcare providers have shared a snapshot of the industry’s progress in product label standardization.
Warehouse Automation Needs This Software to Reach Its Full Value
As a warehouse changes the underlying mechanisms by which it operates, it must also change the software that orchestrates it.
China Virus Crisis Roils Supply Chains for Global Manufacturers
Less than a month into the health crisis that began in China, supply chain disruptions are showing up around the world, from automakers to mobile-phone producers to energy companies.
The Gig Economy Is Forcing Employers to Rethink Hiring Strategies
The rise of the gig economy has created a yawning chasm between two types of commercial drivers.
How Emerging Retail Models Could Shake Up Supply Chains
Nearly 90% of retail CEOs say they expect to have “somewhat” or “very” different business models by next year, according to a Gartner survey.
Retail Returns: Addressing a Growing Challenge Head-On
More than 10% of shoppers say that a negative returns experience would end their relationship with the retailer, according to one study.
Creating a Seamless Customer Experience While Balancing Cost and Service
Analyst Insight:
Five years ago, having a variety of channels and capabilities across your network was a competitive advantage. But as consumer expectations change, more companies are beginning to question the value of the investments required to build and support certain fulfillment capabilities. Today, supply-chain executives must create a seamless experience for omnichannel consumers, while walking the razor’s edge of balancing tradeoffs between cost and service.
Track and Trace in Pharma Manufacturing Boosts Compliance Goals
Analyst Insight:
To address changing patient and market needs, pharmaceutical companies are expanding their product portfolios to include specialized and even individualized drugs. Precise, real-time control is indispensable to avoiding quality issues during the production or shipment of these smaller-batch items. To support this growing trend, systems of the extended supply chain need to be integrated to provide synchronization and process visibility.
Supply-Chain Digitization in Food and Beverage
Analyst Insight:
With fierce global competition and changing regulations in the food and beverage industry, the speed at which enterprises can react and adapt is imperative to their success. Digital solutions that provide supply-chain visibility from field to factory, distributor and customer have disruptive potential. These solutions generate a tremendous amount of data that can be harvested and used to optimize processes, identify risks, and improve quality in real time.
Digital Transformation Creates Efficiencies in the Chemical Industry
Analyst Insight
: Every change-management consultant knows that effective transformation within a business requires a combination of people, processes, and technology. Global conditions, regulatory concerns, sustainability efforts, and the need to differentiate based on customer service instead of just price are major drivers for the chemical industry to digitally transform itself.
How Offsite Manufacturing Could Revolutionize the Construction Supply Chain
Analyst Insight:
A quiet revolution is taking place within one of the slowest industries to embrace radical new technology. Until now, the construction industry has had one of the worst records for productivity, quality and predictability. Meanwhile, manufacturing sectors such as automotive, aerospace and discrete manufacturing have long been using modern techniques such as interchangeability of component parts, “right first time” for quality, and just in time for supply-chain integration.
Don’t Chicken Out in Your Supply Chain
Analyst Insight:
The wildly successful social media campaign for Popeyes’ new chicken sandwich — which quickly led to critical supply shortages for the company — is a cautionary tale about the havoc that social media can wreak on supply chains. To avoid squandering opportunities afforded by unprecedented demand, supply chains need to run like well-oiled machines, with collaborative sales and operations planning (S&OP), a finger on the pulse of social media sentiment, best-practice scenario planning, and rock-solid supplier relationships.
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