Gaining deep visibility into sales channels and a timely understanding of every detail about product shipments is essential to modern businesses. Granular knowledge – about what items were sold, who sold them, who bought them, where they are now, and whether they’re being returned – gives manufacturers an edge in optimizing the final mile of the supply chain. That information is known as channel data, and the tools used to gather and manage that data are known as channel data management systems, or CDM.
The furious pace of M&A activity in life sciences indicates there is serious money to be made there. But successful companies must quickly adapt their supply chains to the challenges that shifting customer needs and industry regulations bring. Five crucial ideas that winners must understand are outlined below.
Total cargo shipments on the St. Lawrence Seaway have now surpassed 2013 levels by 5 percent due to strong North American import/export activity. According to the St. Lawrence Seaway, total cargo tonnage from March 25 to September 30 reached 24.4 million metric tons.
Global airfreight markets showed continued robust growth in air cargo volumes in August, according to the latest data from The International Air Transport Association (IATA).
European retailers are increasingly adopting multi-carrier delivery strategies in response to the growing importance of delivery as the final and most critical mile in the consumer journey, according to a Forrester Research survey conducted for MetaPack Group, which provides ecommerce and multichannel delivery technology to retailers.
The global logistics and shipping industry's top technology priority is improving supply chain visibility capabilities to integrate higher quality data, according to a survey conducted for INTTRA, the multi-carrier e-commerce network for ocean shipping.
Flextronics International Inc., a multinational company offering design, manufacturing, distribution and aftermarket services to original equipment manufacturers, won the 10th Annual Supply Chain Innovation Award at the yearly conference of the Council of Supply Chain Management Professionals, held this year in San Antonio.
The latest news, analysis, services and systems regarding logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through logistics solutions. New technologies that provide information during local and global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics and cargo solutions to power their supply chains.
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