Challenge: This leading producer of spirits and wine lacked visibility of its ocean shipments and carrier performance levels. The company relied on each partner's individual tracking system, a process made more difficult as exports and revenues grew.
On average, $10m is the cost of a recall on a food company. Add this to the fact that recalls have been doubling every year from the 2002-2014 period in the United States, and it should worry any stakeholder in the manufacturing and processing facilities. Yet many of them are surprisingly optimistic about the chance of a recall affecting business, and it's their belief of invincibility that leaves them unprepared to weather a storm when one blows up. When manufacturers take a risk on their customers' health, they take a risk on their business’s health.
Challenge: The shrimp factory we worked with was inefficient in getting shrimp from boat to freezer. There was also inaccuracy in packaging and overall quality.
360pi, a provider of product intelligence for retailers and consumer brands, has launched 360alerts, an email alert service that tracks product price changes.
At 29 years of age, Katy Conrad, site lead at Shell's Geismar Chemical Plant, is a terrific ambassador for her profession. She loves everything about supply management - working with smart engineering and business professionals, solving tough problems, and making a bottom-line impact. At Shell, she has delivered significant savings, built a regional B2B sourcing strategy, and held an overseas assignment.
The global market for lithium-ion batteries for vehicles is expected to grow from $7.8bn in 2015 to $30.6bn in 2024, according to a report from Navigant Research.
Stanley Black & Decker is discontinuing its AeroScout Industrial line of real-time location systems (RTLS) products for manufacturing, transportation and logistics, effective Nov. 1.
Tradeshift, vendor of a software platform for supplier collaboration, has acquired Merchantry, a cloud-based provider of product information-management (PIM) services.
The latest supply-chain news, analysis, trends and tools for executives in the food and beverage industries. Learn how food and beverage 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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