How a Global Pandemic Led to Supply Chain Finance Adoption in Healthcare – And Why It is Here to Stay
Supply chain finance programs – long utilized in consumer sectors like retail to help suppliers get paid more quickly and allow buyers to extend payment terms – are now a working capital tool for more healthcare supply chains. The continued rapid evolution of supply chain finance solutions offers a new way forward for CFOs in many industries to take direct charge of improving supplier-buyer arrangements.
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NOTED: Supply Chain Highlights
Walmart Canada unveiled a new hydrogen fuel cell-powered electric semi-truck—a first of its kind for a retail fleet on North American roads. Operating with zero tailpipe emissions, the tractor can avoid 97 metric tons of CO2 tailpipe emissions on average.
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Last Mile Puts Talent, Technology First
Serious changes are happening in the supply chain as the ecommerce market continues to grow. The uptick in more online sales means an increase in the back-end logistics that go into getting a package from an online sale to the customer’s doorstep.
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Back(haul) to the Future
Backhauling is a logistics strategy in which commercial truck drivers transport a load on their trip back to their origin point. It is the opposite of deadheading, which is when drivers make the return trip with an empty truck.
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IntraLogisteX USA Is Set To Welcome An Industry-Leading Selection Of Exhibitors Next Month
IntraLogisteX USA, a tradeshow dedicated to showcasing the latest innovations in logistics, supply chains, and warehousing, will open its doors October 22 & 23, 2024 at the Miami Beach Convention Center. The exhibition boasts an unrivalled selection of exhibitors which includes some of the sector’s leading organizations. Furthermore, the event will host more than 30 […]
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Leveraging Warehouse Robotics
Maximizing storage density, improving picking dexterity, and gaining prowess through artificial intelligence, these robotic innovations and recent deployments are enabling new levels of warehouse efficiency.
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IN BRIEF: New Services and Solutions
Ocean Network Express’ ONE Modern, the first ship on the ocean carrier’s West India North America (WIN) service, called on the Port of Savannah in June 2024, establishing the latest connection between India and Georgia Ports. The new WIN service offers a weekly route from Bin Qasim, Hazira, Nhava Sheva, and Mundra to New York and Savannah. The service is provided by a fleet of nine vessels, all of which are operated by ONE.
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A Sense of Fulfillment
Reflecting on ways to sharpen fulfillment operations and keep up with growth? Ease your mind by partnering with experienced providers.
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2024 Summer Reading Guide
Cool down with some hot insights into logistics and supply chain management this summer. Whether you’re lounging on the beach or killing time while traveling, our handpicked book list will keep you informed and entertained.
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Precision Shipping: The Rise of Item-Level Visibility Solutions
Whether shipping fruit, pharmaceuticals, high-value commodities, or any other goods, solutions that precisely track individual items throughout their supply chain journey are becoming increasingly accessible and valuable.
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Sizing Up Project Logistics
Navigating extraordinary challenges, from coordinating national concert tours to delivering aid in war-torn regions, is all in a day’s work for project logistics providers. How do they get the job done? Strategic planning, innovative problem-solving, and meticulous execution.
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Ranking the Top U.S. Ports; Warehouse Taxes on the Rise; Global Trade as Election Issue; and Other News
Find out which U.S. container ports rank top for imports; see how global trade policies will impact the presidential election; and catch up on other supply chain news.
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How to Find and Recruit Supply Chain Talent
When searching high and low for supply chain talent, companies employ tactics such as using multiple channels to reach candidates, offering opportunities for training and advancement, and focusing on development and retention.
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Team Up to Deter Supplier Fraud
Despite their best technology and efforts, finance leaders continue to battle the ever-evolving tactics of fraudsters. A key reason is that finance’s fraud management strategies are seldom considered in the context of supplier information. Their peers in procurement, meanwhile, manage supplier information daily but the processes they use aren’t designed to prevent fraud.
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Four Steps to Mitigate Risk
Supply chain regulations are in constant flux. In March 2024, the SEC announced new rules regarding climate-related disclosures, and there have been calls to strengthen the enforcement of the Uyghur Forced Labor Prevention Act. Meanwhile, the EU is also enhancing regulations regarding corporate sustainability, deforestation, ambient air quality, waste, and forced labor.
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VERTICAL FOCUS: Toys
The toy industry faces several complex supply chain challenges. Here are three of the most significant at play.
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Canada Rail Lockout: Will Container Ships Be Diverted?
Will container ships divert to alternative ports in the United States with the worker lockout at Canada’s two big railroads? Here’s the immediate forecast:
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Driver Shortage? Japan Conveys a Solution
The Asian country envisions a 310-mile conveyor belt network that can carry the freight of 25,000 trucks a day.
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Healthcare Supply Chain: The Prescription for Success
The magic pill for today’s healthcare supply chain is composed of equal parts strategy, flexibility, and disruption mitigation—plus a healthy dose of technology.
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The New Retail Equation: Better, Not Bigger?
In this new retail landscape, companies that innovate and adapt by refining their operational models to be more agile and responsive will be best positioned to thrive.
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