Supply Chain Brain - Supply Chain News, Analysis, Videos, …
WEB2 days ago · The 2024 Supply Chain Innovation Awards! Be recognized for your outstanding supply chain innovations! Click here for the 2024 Guidelines! The latest supply chain and logistics news, analysis, videos, podcasts, case studies and webinars for industries across the U.S. and world.
Strategic Sourcing: Five Steps to Secure the Best Suppliers
WEBOct 8, 2020 · As organizations retool their supply chains for 2021, they have an opportunity to revisit their sourcing to put in place the structure and organization to drive the best outcomes, by following these five key steps for strategic sourcing success. Evaluate, collect data and build a strategy.
Five Key Provisions You Should Have in Your Supply-Chain Contracts
WEBJan 10, 2021 · Smart partnerships and relationship management are critical to every supply strategy, but the supply-chain contract is what counts when questions arise or things go wrong. Contracts set expectations, guide the resolution of disputes, and outline how and when the parties’ obligations end. Getting it right is crucial. The exact provisions of supply-chain contracts will vary depending on the ...
Seven Last-Mile Delivery Challenges, and How to Solve Them
WEBMar 26, 2021 · So let’s review the most significant challenges affecting last-mile delivery, and how they can be solved to gain a competitive edge in the digital marketplace. Last-mile service should emphasize speed, timely delivery and accuracy, with the goal of improving brand loyalty and customer satisfaction. One study finds that 56% of shoppers won’t ...
A Pharma Giant Invests in the Future of Tech for Managing the …
WEBAug 12, 2024 · The company is Merck, and its stake in the future of pharma technology takes the form of the Merck Global Health Innovation Fund (MGHIF). Founded in 2010, the $600 million “evergreen” fund supports entrepreneurs through multiple phases, investing up to $5 million in equity for early-stage technologies “that could be highly disruptive ...
A Guide to 'Should Cost' Analysis to Build Better Products
WEBFeb 17, 2021 · A should-cost is a projection of the total cost of a given component if manufactured and distributed efficiently. It accounts for a plethora of factors including labor, materials, overhead and profit margin, and is typically managed by dedicated cost engineers. A should-cost model is a process and toolset for calculating should-costs.
A Global Logistics Outlook for 2024 | SupplyChainBrain
WEBFeb 5, 2024 · A Global Logistics Outlook for 2024. February 5, 2024. Mike Short, President, Global Forwarding at C.H. Robinson. Analyst Insight: Resilience has been a main theme since the pandemic revealed risk in supply chains that weren’t properly diversified, leaving them vulnerable to disruption and delays. While many shippers have made great strides ...
Panama Canal Eases Limits That Caused Global Shipping Bottleneck
WEBAug 28, 2024 · The Panama Canal is lifting restrictions that caused a global shipping bottleneck as water levels normalize after a severe drought. The Panama Canal Authority increased the draft in the waterway to a maximum 50 feet and will allow 36 vessels a day to transit after recent rains lifted water levels at an artificial lake that forms part of the canal system, administrator Ricaurte Vasquez told ...
Four Steps to Managing Supply Chain Bottlenecks and Constraints
WEBJan 29, 2024 · The theory of constraints is a methodology for identifying key obstacles to achieving a designated goal. It involves systematically enhancing and resolving a constraint until it no longer hinders progress. By removing bottlenecks in the supply chain, companies can reduce inventory and operating expense, while enhancing throughput and …
The Importance of Paying Attention to Your Expedite Process ...
WEBDec 11, 2018 · Here's Why You Should Pay Attention to Your Expedite Process. The expediting of raw materials, parts, systems and subsystems in inbound logistics is a common but necessary evil for many companies. Reasons for expediting include missed contracted delivery dates, damage to stock, supplier-related …