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Creating an Integrated Supply Chain
A supply chain is made up of a series of moving parts. The components of a company’s supply chain begin with product manufacturing and end with the product reaching its destination. Efficiently managing the supply chain and all the processes that come between production and final delivery is vital to the success of any company.…
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Image Recognition in the Supply Chain
Recent shifts in consumer behavior and disruptions to the supply chain and workforce have made warehouse management an increasingly difficult task. To alleviate some of the pressure, many manufacturers, retailers, and logistics companies are beginning to incorporate more supply chain technology systems into their warehouse processes. Along with resources such as robotics and other automated…
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Supply Chain Inventory Trends
In early 2020, at the beginning of the pandemic, the looming shutdowns and stay-at-home orders caused many consumers to panic and stock up excessively on goods such as toilet paper and household cleaning products. Retailers saw products flying off the shelves in record numbers and quickly realized their standard inventory management process was not equipped…
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Perfect Order Fulfillment in the Supply Chain
As a result of the pandemic, logistics companies and retailers have pivoted their business models and altered their processes to offset ongoing disruptions and concerns. With new processes comes the challenges of the unfamiliar, and executives may find themselves monitoring the adjustments closely to ensure they are working for a company’s supply chain and consumers.…
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Optimized Route Planning in the Supply Chain
Planning a delivery route is no easy task. And as the demand for goods goes up, planning the best route for delivery and meeting customer expectations only becomes more challenging. To safeguard against potential disruptions and streamline logistics, companies are putting an emphasis on optimized route planning. Optimized route planning involves finding the most…
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Importance of Supply Chain Visibility
The supply chain snarls and slowdowns caused by the COVID-19 pandemic have led many organizations to scrutinize their operations and identify methods to prevent future disruptions. One key approach involves increasing overall supply chain visibility, which gives companies advance insights into potential risks before they become problems while enabling increased optimization and efficiency. As the…
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Making Employee Safety a Priority
Workplace injuries are unfortunately a common occurrence in most industries. According to the U.S. Bureau of Labor Statistics, 4,764 workers suffered fatal work injuries in 2020. Additionally, 2.7 million nonfatal workplace injuries and illnesses were reported by private industry employers in 2020. Employee injuries not only impact workers and their families, but also the bottom…
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Omnichannel Fulfillment Strategies for the Supply Chain
With the increase in online shopping and the growth of e-commerce leaders like Amazon, customer expectations have grown significantly over the past several years. Even prior to the onset of the COVID-19 pandemic, customers expected fast delivery times and flawless fulfillment experiences. Fast-forward to the supply chain disruptions caused by the pandemic — now more…
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Why Education Matters in the Supply Chain
Supply chain disruptions continue to impact the day-to-day lives of consumers. From baby formula to semiconductor chips, product shortages and delays remain top of mind for many. While some of these unforeseen circumstances are out of the hands of manufacturers, retailers, and logistics companies, there are steps they can take to make the supply chain…
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Pharma Supply Chain Challenges
As a result of numerous factors including the ongoing pandemic, supply chain disruptions continue to soar across all industries. Among the healthcare industry’s key concerns are the impacts on the pharmaceutical supply chain. And since the strength of the pharma supply chain is essential to delivering prescription and over-the-counter medicines, it is no surprise that…
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Importance of Supply Chain Transparency
It is no secret that consumers have become more socially conscious in recent years. More than ever, companies are being encouraged to share every detail of their sourcing, manufacturing, and supply chain processes with consumers. And for good reason — customers feel better about purchasing products from a company they know they can trust. Supply…
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Tips for Supply Chain Outsourcing
Managing and optimizing the supply chain is crucial to the success of any business. While many organizations operate multiple components of the supply chain in-house, including manufacturing and fulfillment, with growing demand and continuing disruptions, many companies are considering supply chain outsourcing to keep operations moving efficiently. What is Supply Chain Outsourcing? Supply chain outsourcing…