The Panama Canal Authority (ACP) has set a new historical tonnage record, welcoming 340.8 million Panama Canal tons (PC/UMS) through the canal in the 2015 fiscal year.
In 2011, batches of a cancer medication called Avastin, on their way to U.S. doctors from Canada, were found to contain no active ingredients. They were counterfeit - a rarity on U.S. soil. While no patient ever received the drugs, the fact that a potentially life-threatening counterfeit was able to make it to the U.S. shocked the pharmaceutical industry. It pointed to a growing trend - triggered by the rise of e-commerce and globalization - reaching the United States.
Most senior tax executives see significant international tax changes over the next two years spurred by the Organisation for Economic Co-operation and Development's base erosion and profit shifting (BEPS) project, according to a survey released by EY at its 34th Annual International Tax Conference.
The corporate payments world has experienced a significant evolution over the past decade. This now allows procurement to be a key contributor of top line revenue growth as well as traditional bottom line savings.
A growing number of consumers go to Amazon first when shopping for online products. According to a Survata study, commissioned by BloomReach, 44 percent of shoppers go straight to Amazon, beating out the 34 percent who go direct to search engines and 21 percent who go directly to a retailer's e-commerce site.
3PLs are much more than an outsourced logistics execution channel today: They're assuming larger contracts, more complex projects and increased authority as trusted advisors to companies navigating the omni-channel landscape. But with greater responsibility comes greater expectations all around - and it's up to 3PLs to rise to the occasion.
The modern, technology-based supply chain has evolved from a back-end, transactional function to a means to not only strip waste and costs out of healthcare, but increasingly to help create better clinical outcomes. GHX, an electronic healthcare industry trading exchange, has identified five ways in which its customers are leveraging their supply chains to markedly improve patient care.
New research shows that 56 percent of automotive parts and accessories shoppers are making their purchases online - an 8 percent increase over the previous year. The study also indicates that consumers are combining online and in-store channels for an omnichannel shopping experience. Omnichannel is when shoppers seamlessly shift between mobile, online and in-store resources to research, purchase, pick up and return their items.
The latest supply-chain news, analysis, trends and tools for executives in the pharmaceutical and biotech industries. Learn how pharmaceutical and biotech 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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