Supply Chain Brain - Supply Chain News, Analysis, Videos, …
WEB6 days ago · Supply Chain and Logistics Management Aren’t Ready for AI. They Need to Be. Today, with the emergence of artificial intelligence, our predictive capabilities are transforming before our eyes, generating forward-thinking insights into the supply chain as never before. THINK TANK.
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.
Extending the Benefits of Early Payment to Companies That Need …
WEBFeb 1, 2021 · The volatility caused by the global health crisis has prompted many finance executives to reinspect the impact of late payments on overall supply-chain health. Even prior to the global health crisis, 78% of accounts payable departments admitted to paying invoices late. Now, as more companies face a cash flow crunch and an extended …
IRT’s Critical Role in the Clinical Supply Chain
WEBFeb 8, 2022 · Interactive response technology (IRT), also referred to as randomization and trial supply management (RTSM), plays a central role in managing the drug supply during a randomized clinical trial. IRT informs the blinded clinical sites which pills to give to which patients, and keeps the supply chain in the loop to ensure the right product is in the right …
State of Logistics: Inventory Low, Costs High, But Sector Changes …
WEBJun 21, 2022 · U.S. business inventories dropped to near historic lows in 2021 while the costs associated with storing, transporting and financing goods rose considerably. But the logistics sector has begun to enable positive changes, according to a new report.
Watch: The ‘China Plus One’ Sourcing Strategy | 2021-10-27 ...
WEBOctober 28, 2021. Robert J. Bowman, SupplyChainBrain. Vipul Kumar, senior manager of procurement with Aranca, discusses how companies are seeking to supplement manufacturing in China with sourcing in alternative locations, to mitigate risk and control costs. Concerns about the environment, the increasing cost of labor, a shrinking …
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WEBFeb 1, 2006 · C onsumer goods supply chains are extremely complex. They include many plants and suppliers all over the world linked by sophisticated technologies and robust logistics systems. But despite all of this complexity, a single moment of truth is all that really counts: When the consumer stands at the store shelf and chooses a product to purchase.
How to Prevent Procurement Fraud With Analytics
WEBJan 17, 2024 · Evaluate and actively monitor internal controls. Existing controls, thresholds and procedures should be regularly reviewed and assessed for relevance, adequacy and effectiveness. Develop a comprehensive, well-communicated fraud-response plan. Providing regular training to teams on how to effectively spot, report and respond to …
100 Great Supply Chain Partners of 2020 - 2020-08-01
WEBAug 3, 2020 · 100 Great Supply Chain Partners: Meeting the Need for Speed. August 3, 2020. Robert J. Bowman, SupplyChainBrain. In this all-encompassing age of information, we are swamped by messages from sellers of products and services. It’s estimated that the average consumer of media is exposed to between 4,000 and 10,000 ads each day.
Five Critical Challenges Facing Pharma Supply Chains
WEBMar 30, 2022 · Here are five critical challenges caused by a lack of visibility: Inability to easily identify potential disruptive events. The COVID-19 pandemic highlighted many of the core problems that pharma producers and distributors encounter daily, with vaccines produced at mass scale and requiring refrigeration within precise temperature ranges in ...