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Inventory Solutions: Delivering Supply Chain Security, Lower Cost of Goods, and Increased Liquidity

In supply chain by Trisha ArmeñaLeave a Comment

With the current state of the global economy — brought forth by supply chain disruption — many organizations have been faced with a similar predicament:

“How can we make our business more resilient?”

Learn more in this e-book we created alongside Falcon Group, a leading global provider of asset and inventory solutions.

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Supply Chain Visibility: Greater Transparency and Flexibility through the Digitization of Logistics

In logistics, supply chain by Jennifer MiraraLeave a Comment

Supply chain visibility is all about knowing where inventory is at any particular time and how well products in transit can be traced from the manufacturer to their final destination. Its significance can be appreciated when it is removed from the equation. Imagine a supply chain without a network of shared information. We would be blind. The further we can see into the supply chain, the greater our ability to make the right decision.

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American Automotive Summit Gathers Manufacturers to Discuss Process Strategy, Supplier Oversight, Quality and Innovation

In automotive, Generis, manufacturing, supply chain by Jennifer BrowneLeave a Comment

From September 16-17, automotive manufacturers and executives are meeting in Detroit to discuss strategies to optimize manufacturing and R&D in the American automotive industry, drive innovation in a competitive landscape, maximize supplier relationships, and mitigate costs.

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An Interview with TBM

In interview, manufacturing, Q&A, supply chain by Alicia CheungLeave a Comment

Responding to Demand Changes, the Impact of Tariffs, Analytics Capabilities, and the Most Effective S&OP Practices Ahead of the American Supply Chain Summit 2019, we spoke with TBM Consulting to discuss the impact of tariffs, responding to demand changes, analytics capabilities, and the most effective S&OP practices. In this Q&A, we address the most pressing supply chain challenges manufacturers are dealing with today, the impact of trade tariffs with the United States and other countries, and how the S&OP demand planning process can be improved. Here is an excerpt from the interview we did with TBM Consulting: “What are the most pressing supply chain challenges that manufacturers are dealing with today? What are the most effective tactics for addressing those challenges?

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How to Set Up a Demand Driven Supply Chain: Moving from Push to Pull to Meet Customer Needs

In interview, manufacturing, Q&A, supply chain, Uncategorized by Alicia CheungLeave a Comment

Q&A with Reveal Value Prior to the American Supply Chain Summit 2019, we spoke with Reveal Value to discuss how companies can set up a demand-driven supply chain and move from push to pull in order to meet customer needs. In this Q&A, we address what steps companies need to take in order to reap the full benefits of a supply chain that is driven by demand, the key benefits of a mature supply chain, and how companies can leverage digitization to stay competitive. This is an excerpt from the Q&A we did with Reveal Value: “How can companies use digitization to stay competitive in an ever-changing landscape? Digitization helps connect processes and applications across multiple functional areas to sense and respond more quickly to customer needs and deliver value that is focused on outcomes. It changes how employees work by using intelligent technologies and reliable data to drive new levels of productivity and efficiency.”

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The Shared Milk Run

In automotive, Lean manufacturing, logistics, manufacturing, supply chain by Alicia CheungLeave a Comment

What Is It?  Companies are continually challenged to improve their overall operational services by reducing transportation spending, inventory levels and delivery timelines. The Carter Milkrun System was designed to address those specific challenges and support clients’ lean manufacturing efforts. The Carter Shared Milkrun Network is a unique logistics model designed to support lean initiatives by combining freight from an international client base and thousands of suppliers into a single supply chain solution. One of the pillars of Carter’s success is the “Split-Bill” methodology, which allows clients to fairly split the overall cost of shared milkrun routes. How It Works Milkrun clients share the cost of each shared “milkrun route” based upon the percentage of weight they ship. For example, if you ship 50% of the total weight on a milkrun route, you pay only 50% of the transportation costs. Carter Logistic’s analysts perform weekly route optimizations to ensure shipments travel in the most efficient manner. The proficiency and determination of the Carter Logistics team allows clients to experience substantial and continued savings and achieve their lean initiatives. Carter’s huge network also minimizes empty miles, further reducing costs. As suppliers and/or manufacturing plants add weight to the network, the cost per pound decreases for all participating clients. We worked with Carter Logistics to create this e-book on The Carter Shared Milkrun Network.

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Serialization: Optimizing Planning and Implementation

In pharmaceutical, Serialization, supply chain by Alicia CheungLeave a Comment

Increased globalization in the supply chain for prescription drugs has also increased the distribution of counterfeit drugs. To combat this problem in the U.S., the FDA has outlined requirements to make every unit of saleable prescription drug products traceable. Meeting the requirements for these regulations requires a long-term strategy and preparation. Recro Gainesville, understanding the changing manufacturing landscape, began this process years in advance. Product serialization enables manufacturers and distributors to protect consumers from potentially harmful counterfeit and stolen drug products by improving supply chain tracking, visibility and management.

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Interview with Victoria Yeager, Head of Contracts and Compliance, Genentech

In interview, pharmaceutical, Q&A, supply chain by Cressida MurrayLeave a Comment

We were honored to have  Victoria Yeager, Head of Global Pharma Procurement Contracts & Compliance at Genentech, join us as a key speaker at the 2017 American Pharma Outsourcing Summit where she discussed “To Outsource or Not to Outsource? Developing Your Ideal Contract Support Model.” We sat down with Victoria at the summit to gather her insights on the current and future state of the pharma outsourcing industry. Watch the full video interview above or read a partial transcript below. What do the next 5 years in the outsourcing space look like? The next five years in the outsourcing space, in my opinions, looks like more outsourcing. I think if we go back to the (Peter) Drucker Quote – to paraphrase – “do what you do best and outsource the rest.” I think that’s going be even more and more important and the reason is, in the pharma industry, things are changing so fast we have to be agile, and so allowing companies to focus on what they do best and their partners to focus on what they do best will allow everything to operate much more smoothly and agilely, which I think is really important.

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