Almost 72 percent of senior supply chain and operations executives are not completely confident in their organizations' product recall and traceability abilities.
Have you ever bought something where price wasn't the deciding factor? A cup of coffee because it tastes better, perhaps? Or maybe a pricier mechanic's services because you trust him? Purchasing decisions in our lives aren't black and white, and they shouldn't be in corporate purchasing departments either.
A year after adulterated heparin caused deaths in the United States and Europe, inspectors in California were still finding contaminated product in hospitals throughout the state, even though the manufacturer had sent out multiple recall notices, and the issue with the product was well known. As the pharmaceutical industry responds to regulatory mandates to address such weakness in the supply chain, it's important to ask, "Could this same thing happen in a 'serialized' world?"
Flashy customer-facing technology is fine, but it's nice to see a retailer giving employees something shiny to look at, too. U.K. online grocer Ocado is now using what looks like a 3D animated video game to give managers a better view of highly automated warehouse operations.
An improving economy gives businesses an opportunity to reassess their strategies, plans and tactics as well as the impetus to tune up their operations.
A simplified "Product of Canada and the USA" labeling system should apply to beef and pork as well as livestock raised, processed, and traded between Canada and the United States, says a study released by the Fraser Institute, a Canadian public policy think tank, and the Competitive Enterprise Institute of Washington, DC.
According to the Pew Research Center, one-third of U.S. adults own a smartphone. With smartphones dominating the consumer market, it is more possible now than ever to conduct business while on the move. What does this mean for the transportation industry? It means drivers can have the increased ability to communicate transit information to agents and carriers, while agents can have a snapshot of every load they've brokered in their pocket. In essence, mobile applications provide the opportunity to take a streamlined approach to operational efficiency in the transportation industry.
Avnet provides leading-edge supply chain visibility solutions to OEM customers that have extended global supply chains and significant contract manufacturing operations. These supply chains often are highly complex and very geographically dispersed.