Diego Pantoja-Navajas, chief executive officer of LogFire, explains the concept behind digital fulfillment networks, and details how they can lead to the transmission of real-time, "perpetual" inventory signals throughout the supply chain.
While cash remains king at the point-of-sale, a variety of other digital payment methods are preferred by consumers, with 25 percent of all smartphone owners now using mobile wallets.
Challenge: Most hospitals utilize the just-in-time method of inventory control. If hospitals have higher than expected demand, additional supply must reach them immediately. Companies need a logistics provider that goes inside hospitals, uncrates new equipment, crates old equipment, and returns the old unit to the company regardless of the time of day.
Guy Kawasaki, author, speaker and currently chief evangelist of Canva, discusses what the word "innovation" really means, how companies can embrace the concept, and how they can avoid the perils of "innovation fatigue."
Just 15 years ago, China was home to 200 foreign-run R&D centers. Today, multinationals operate more than 1,500 innovation facilities throughout the country - and this number is poised to increase 20 percent by 2018. But this trend involves more than sheer presence.
Import cargo volume at the nation's major retail container ports is expected to increase 3.6 percent this month over the same time last year as retailers begin to bring in merchandise for the holiday season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates. Imports for the year are expected to be up 4.2 percent over 2014.
Legacy Supply Chain Services, a North American third-party logistics provider, has released a grader tool designed to help retailers evaluate their supply-chain performance, and identify opportunities for improvement.
The latest supply-chain news, analysis, trends and tools for executives in the consumer packaged goods industry. Learn how consumer packaged goods companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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