Half of Supply Chain Industry Will Invest in Blockchain in 2017

Source: Global Trade, USA

  • Large numbers of major corporations are exploring the usage of blockchain technology and some are implementing the technology, according to a recent report from eft. Blockchain’s inroads have been seen primarily in the banking and finance industry, but, notes the report, “blockchain’s application to supply chain seems like a natural second step.” ...

China Unveils Reforms to Simplify Supply Chains

Source: RAPS, USA

  • China has unveiled reforms designed to drive down the cost of drugs while simplifying the supply chain between manufacturers and patients. The proposed model requires manufacturers to sell to a distributor that then sells to the medical institution, as opposed to having a product pass through multiple supply chain players on route to patients. Officials think ...

2016: The Supply Chain Year in Review

Source: MH&L, USA

  • From major retailers' increased influence over every aspect of logistics to the opening of the Panama Canal expansion to the election of Donald Trump as U.S. President and the promise of a whole new regulatory environment in Washington, 2016 was a remarkable year in the supply chain. Revisits the year, month-by-month, highlighting some of the most impactful stories of 2016 ...

Food Supply Chain Suffers 40% Food Loss Post-Harvest

Source: Supply Chain Dive, USA

  • Waste within the food chain is an obvious problem, and in today's global economy complicates even further the challenges for sourcing as prices are ever more competitive and margins shrink. With more persons engaged in harvesting, transport, and sales, profit for growers is diminished ...

Walmart Testing Blockchain Technology for Supply Chain Management

Source: Bitcoin Magazine, USA

  • U.S. retail giant, Walmart, is about to start a major test of blockchain technology for supply chain management, The Wall Street Journal reports. A pilot project, which will start in the first quarter of 2017 and run for four months, plans to leverage distributed ledger technology to track and trace pork in China and produce in the U.S. ...

Annual Return on Supply Management Assets Again Finds Huge Differences in Procurement Value Creation

Source: Supply Chain Digest, USA

  • Annual ROSMA report, or Return on Supply Management Assets, which among other areas looks at what kind of ROI different segments of companies are achieving from their investment in their procurement functions, was released in Dec 2016. The report begins with an interesting anecdote relative to private equity firms, and the claim that today when they ...

How Supply Chain Finance Can Help Metal Buyers And Suppliers

Source: Investing.com, British Virgin Islands

  • Supply chain financing, though, can help buyers and sellers work to manage supply and cost issues. The role of supply chain finance is to optimize both the availability and cost of capital within a given supply chain by aggregating, packaging, and utilizing information generated during supply chain activities and matching this information with the physical control of goods ...

What May U.S. Supply Chain Managers Expect From Emerging Markets?

Source: Supply Chain Management Review, USA

  • The global economy will see a rebound in growth for first time since 2014, with emerging markets still playing a major role. Emerging markets have really struggled in the past few years. But, a growing global economy will mean that these markets can finally take a breath. Economic fundamentals in most emerging markets have improved in the past couple of years ...

Demand Driven Supply Chain Planning Can Lower Costs, but Transparency is Key

Source: Supply Chain Dive, USA

  • A demand driven supply chain, the next step in demand planning, isn't for every business, but for the right ones can be highly effective. If a company can achieve visibility in the form of absolute transparency while achieving an agile and quick-changing infrastructure, along with seamless coordination among staff, as well as optimizing not just for reduced ...

Sharing the Pain of Brexit Cost Inflation

Source: Supply Chain Digital, USA

  • CEOs increasingly look to their supply chain organisations to work miracles in pursuit of customer service excellence. But sometimes they also make public commitments that prove to be ill advised and unsustainable. A case in point is the UK food and clothing retailer Marks & Spencer. Back in November, its CEO, Steve Rowe, promised to shield shoppers from any price ...

Future of Work: Four Supply Chain Careers for 2025

Source: Supply Chain Digital, USA

  • 100 years ago, nearly 40 percent of all US jobs were in agriculture. Today, the figure is 2 percent. The same dynamic happened in manufacturing, which in the 1950s dominated work, but since then has receded as a mass employer. Technology made it happen then, and technology shows no evidence of slowing down now ...

Transforming the Supply Chain for Today’s Digital Economy

Source: EP&T, Canada

  • Today’s digital economy, where customers want tailored products delivered immediately via their preferred channel, is putting enormous pressure on companies to modernize their traditional supply chains. In addition to meeting the needs of the now generation, these new, digital supply chains must support macro trends such as globalization ...

Pharmaceutical Logistics Market – Size, Share and Supply with Competitive Landscape

Source: MedGadget, UK

  • Pharmaceutical Logistics Market Report offered by DecisionDatabases.com gives a market overview of the Pharmaceutical Logistics industry which covers product scope, market revenue, opportunities, growth rate, sales volumes and figures. The report also explores the worldwide players of the market and is segmented by region, type and application with forecast to 2022 ...

Uber Freight to Launch Early 2017

Source: Logistics Magazine, Australia

  • Transport revolutionist Uber is quietly rolling out a new service connecting shippers with trucks, Uber Freight. News first broke on the new venture back in October 2016 an inside source – Eric Berdinis, product lead on Uber Freight – revealed the project to Business Insider. Berdinis shared that, while Uber’s future will feature self-driving trucks, its near future will certainly include trucks ...

First Freight Train from China Arrives in London

Source: Supply Chain Digital, USA

  • The first container train travelling between China and the UK arrived yesterday at DB Cargo UK’s London Eurohub terminal in Barking. The train is operated by the InterRail Group, a multinational transport operator headquartered in Switzerland, on behalf of China Railway subsidiary CRIMT. Various freight railways handle traction along the 12,000-kilometre route ...

Logistics in 2017: The Year of Drones and Data Streams

Source: AirCargoNews, UK

  • Technology in the 21st century evolves at a frightening pace. The newest innovations have a lifespan measured in months. No sooner have businesses accommodated a new technology than it is superseded. The companies that adapt to each rapid change are the only ones which stand a chance of survival - it soon becomes hard to compete without the latest technological ability ...

Risk in Global Logistics: the Top Overlooked Factors

Source: Outsourcing Pharma, France

  • There is risk inherent to global pharmaceutical logistics. When designing a logistics strategy any pharmaceutical company or shipper should make certain they consider the following risk factors: Temperature control, Speed of service, Transport handling, and Customs clearance. However, within these broad factors, there are many aspects that could be overlooked ...

The Future of the Supply Chain Lies in Ecosystems

Source: EBN Online, USA

  • Today’s supply chain is still a wide array of siloed steps, designed to take a product from marketing and product development, to manufacturing, distribution, and ultimately into the hands of the end customer. The business goal of the digital supply chain is to deliver products into the customer’s hands faster, while increasing efficiency ...

How Customers Influence Your Supply Chain

Source: Customer Think, USA

  • There are many elements that go into an efficient supply chain, including customer interactions, but many companies don’t put enough emphasis on this fact. In reality, organizations should evaluate their customers first and use the understanding to develop a strong supply chain for better products and revenue ...

Developing a Clearer Picture of Supply Chain Transparency

Source: Supply Chain Management Review, USA

  • Improving supply chain transparency is a high priority for companies, especially in industries such as foodservice where consumers and regulators are pushing for more publicly available information on how products are made and delivered. Increasing product complexity—the growing demand for organic and gluten-free foods ...

5 Key Areas of the Supply Chain to Focus On in 2017

Source: EIN News, USA

  • Technology continues to evolve, and it’s impacting every aspect of today’s supply chain. Though it’s propelling the efficiencies of supply chains forward, it’s also demanding enhanced collaboration between suppliers and retailers to deliver improved business practices. As more companies evaluate supply chain initiatives to better meet the needs ...

Supply Chain Audits Lack Impact Needed to Improve Human Rights Violations

Source: Supply Chain Dive, USA

  • Auditing firms go only as far as the company that pays them requests. Often this means that only the practices of healthy Tier 1 suppliers are examined, leaving a trail of countless sub or sub-sub contractors thriving in the dark. For example, a recent audit at REI involved only Tier 1 suppliers, which made up a mere 27% of the supply chain ...

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