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.…
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…
Supply chain disruptions caused by the COVID-19 pandemic continue to make headlines across the nation. Over the last year and a half, consumers have experienced empty grocery shelves, long shipping times, and shortages of basic goods such as toilet paper, proving that the pre-COVID supply chain was not equipped to withstand pandemic-related hardships. To prevent…
Global supply chains have been making headlines—in some cases for the all the wrong reasons—since the COVID pandemic upended the world economy. A shortage of microchips, semi-conductors, and other crucial components has made logistics management challenging in many industries. Shipping products has becoming increasingly expensive as supply chain capacities are stretched to the limit. The recent spectacle of a skyscraper-sized…
In a warehouse with tens of thousands of square feet of storage, it can be difficult to maintain an accurate picture of inventory and overall operations. Even pallet-level barcodes do not resolve this issue, as a barcode reader must have a direct line of sight to capture a barcode’s data. This means relying on warehouse…
Though the commercial usage of Radio Frequency Identification or RFID technology was started in the 1990s, its implementation in the pharmaceutical supply chain has been relatively new. Several pharma companies still rely on barcoding as the more widely accepted form of electronic identification. A barcode on a pharmaceutical product package acts as a stock-keeping unit…