Industries | SupplyChainBrain

Industries: Page 996

Improving Inventory Management in 2015 - and Beyond

With a new year comes a renewed focus on inventory and how to manage it. All systems and aspects of the supply chain must match up with customer demands in the ever-present and evolving omnichannel environment. After all, customers can order goods from anywhere on any smart device, and their expectations are that they will pick up their goods, or have their merchandise delivered to any place – on their terms. People want quick results – or else they will find another outlet from which to shop.

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Is The Pharma Supply Chain Ready for Change?

Analyst Insight: The pressures faced by the pharmaceutical industry are well known. These include the increasing cost of healthcare, the aging of the population in the developed world, market entry hurdles in many emerging markets, excess manufacturing capacity, reimbursement decisions based on comparative effectiveness research, and the continued adoption of generics and bio-similars. Another well-known about the industry: change occurs at a glacial pace. What role does the supply chain have in helping the industry transition to a solution-oriented approach to healthcare? – Barry Blake, Vice President, Research, SCM World

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What's at Risk If My Business-critical Systems Are Compromised?

In 2014, organizations were caught off guard by the increase in advanced threats targeting vulnerabilities within business-critical applications running on SAP platforms. Everything from malware being loaded up on RFID devices and being inserted into the manufacturing process, to high-risk "denial of service" vulnerabilities are challenging organizations to re-think their current approach to protecting critical data.

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How Can We Manage Supply Chains If We Don't Actively Design Them?

Analyst Insight: There are exciting developments in technologies and processes in the area of network design. Currently, both processes and technologies are rapidly evolving, offering exciting opportunities. It is one of the most critical investments for supply chain leaders in 2015. – Lora Cecere, Founder of Supply Chain Insights

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Powering Pharma With Supply Chain Analytics

Analyst Insight: Radically changing market conditions in the global pharmaceuticals industry are creating volatility in supply and demand, as well as affecting customer service levels and costs. Pharma companies are also faced with impending margin pressure from generics. In this environment, pharma executives are looking to improve efficiencies, understand emerging market customers and be better prepared to meet financial objectives. Supply chain analytics provides pharma supply chain executives with powerful tools to maintain a competitive edge. – Jay Welsh, Principal, and Srihari Rangarajan, Manager, Ernst & Young LLP

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Denmark Looks to Tunnel Its Way to Germany

Denmark's government laid out details of a plan to build a tunnel connecting the Nordic region to Germany and cutting traveling time, saying in a bill that it will cost 65bn Danish crowns ($10bn) and be in use by 2024.

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Firms Lose $30bn Yearly by Failing to Share Supplier Information, Research Says

Global companies are wasting more than $30bn (£20bn) a year because they do not share information about suppliers, according to business information provider Achilles.

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MGO's Early Warnings Would Have Saved Investors in Myanmar Aviation

Challenge: On July 30, 2014, 11 months after trumpeting its plan to invest $25 million in Myanmar's Asian Wings Airways, All Nippon Airways walked away. From the start, local media had reported Asian Wings' alleged ties with Tay Za, a connection the airline denied. Japan’s All Nippon didn't mention those ties when it canceled the deal, citing instead the small Myanmar market and, as MGO highlighted two months earlier, rising competition.

Break the Chain: Optimize With Smart Supply Network 3.0

Analyst Insight: Supply chain problems result from the uncertainty, time delay and amplification of variability based on demand changes from one function to another and from one organization to another. The parts of the chain don't work together! They often work against one another. The supply chain is a dysfunctional system that increases the cost of all participants in the system. Today's optimization and network technology provides the capability transform to a Smart Supply Network 3.0. – Rich Sherman, author and founder at Gold & Domas Research

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UTi Worldwide Expands in Malaysia; Offers Cold-Chain Service in Europe

UTi Worldwide Inc. has expanded its freight-forwarding operations in Malaysia with the opening of new facilities in Port Klang and Kuantan.

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How Big Data and Analytics Are Reshaping Industrial Manufacturing

Analyst insight: As the global competitive landscape evolves, businesses are looking to gain an edge by leveraging big data, using sophisticated analytics to uncover insights and help drive performance. One industry that is behind the curve is manufacturing – primarily automotive, mining, life sciences and consumer packaged goods. But that may be changing as a result of a rekindled focus on improving operational efficiency and the necessity for organizations to utilize their supply chains as a competitive advantage. – Amber Morgan, Senior Manager, Supply Chain Analytics Lead, EY

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Filling the Supply Chain Talent Gap

Analyst Insight: The supply chain discipline has evolved quickly over the past two decades. What once was a straightforward technical profession has now become a complex business leadership role. Recent data shows that finding the right people keeps getting harder. Supply chain leaders need tools to develop and retain talent that can not only plan, source, make and deliver, but also drive change, react to markets and innovate. – Kevin O'Marah, Chief Content Officer, SCM World

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Page 996 of 2013

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Photo: iStock/Anastasiia Yanishevska

How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

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