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News & Trends Impacting the Healthcare Supply Chain
85 percent of hospital executives say that reducing supply chain waste and related costs is a top strategic priority.
Read MoreWeather Forecast: Supply Chain Disruptions Ahead
Global supply chain disruptions continue to grow at an alarming rate and the potential for financial or revenue impacts is the highest it has been in three years, finds Resilinc’s recent EventWatch Supply Chain Disruption report. In the first half of 2018, Resilinc notified a record 1,069 events within six months, the highest since the […]
Read MoreEconomic Nationalism Challenges Global Supply Chains
Sixty-six percent of manufacturers responding to a new survey of global senior supply chain decision makers by software company LLamasoft say they would change their supply chains in order to tackle economic nationalism. In addition, 50 percent of respondents say economic nationalist policies will increase operational costs, and 45 percent are considering alternative suppliers, representing […]
Read MoreThe Fastest Growing 3PLs Spell Success “C-L-O-U-D”
Third-party logistics (3PL) companies have it tough. Not only do they need air-tight control of their data, 3PLs need to prove to customers that their data is safer than Fort Knox. In today’s world where one person in a black hoodie sitting at a coffee shop can do more damage to a business than a […]
Read MoreTrade Wars, Cyber Threats Top Maritime Concerns
The global maritime industry is cautiously optimistic about the global business environment for world trade, but also concerned about the potential impact of trade tensions, cyber security, fuel costs, and other headwinds to industry recovery. Those are the findings of a new benchmark survey developed by the Business Performance Innovation Network, in partnership with Navis. […]
Read MoreHow the Cloud Creates Cost Savings—and Tax Benefits
Embrace the Flow of Innovation Modernizing your distribution business isn’t just about adopting the latest and greatest technology. From seamless scalability to cost-efficiency to tax benefits, the right solutions can pave the way to significant results. The cloud has introduced new levels of convenience, accessibility, and ease-of-management to enterprises everywhere. From any web-connected device, workers […]
Read MoreAccuracy and Time Savings Through AI-Driven Forecasting
Despite a wealth of available solutions and methods, retailers still struggle to produce accurate and timely demand forecasts. Existing challenges are further complicated by the idea of unified commerce, as shoppers choose from a variety of more convenient fulfillment options. There are adverse effects throughout the supply chain resulting from inaccurate forecasts, but today’s retailers […]
Read MoreU.S. Infrastructure Investment: A Private Matter?
Leasing America’s largest existing toll roads, bridges, airports, seaports, water and wastewater facilities, and university parking systems to private partners could generate $720 billion to $885 billion for state and local governments to spend on new infrastructure projects, finds a new Reason Foundation study. Leasing the 61 largest U.S. airports to private partners could generate […]
Read MoreBuilding a Global Experience Through Connected Service
The Internet of Things (IoT) is bringing a new level of connectivity that is evolving the forklift service call and changing how companies approach equipment maintenance. Today’s connected service technicians, armed with new technology and increased connectivity, are helping to make service calls smarter and more proactive. As more data is gathered on forklift performance […]
Read More5 Ways a WMS Can Cut Supply Chain Costs
The right warehouse management system (WMS) can improve efficiency and cut supply chain costs. TECSYS, a supply chain management solutions provider, offers the following tried-and-true strategies. 1. Automate manual processes. Find every opportunity to automate repeatable and time-intensive activities, especially those prone to error. An electronic pick list is a good place to start. A […]
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