Today's supply chains form the arteries and veins that keep global trade alive, connecting a largely borderless, always-on world economy. New innovations offer disruptive possibilities for the future of global trade. It's easy to hypothesize that Star Trek-style teleportation, drones, 3-D printing, and space logistics, will change trading. But the biggest shift to the supply chain will see it digitally connected and becoming part of the Internet of Things.
Challenge: One of the world's leading biotechnology providers with over $20B in revenue and a commitment to ensure that no patient ever goes without their life-saving medicine, needed to manage better the risk of disruption to its global life-sustaining supply chain. Key challenges included gaining visibility and working collaboratively with suppliers from all over the globe -- based in countries with different regulatory and geo-political environments and risks.
Nick Finia, senior manager of energy management and infrastructure capital investment at The Walgreen Co., describes the company's aggressive efforts to achieve energy cost savings in its supply chain.
Currently, only Seaway-max size ships (2,500 TEU) can sail between the Port of Montreal and the Port of Toronto on Lake Ontario, the biggest container port on the Great Lakes. However, research is underway in the U.S. and elsewhere that offers the promise of oceanic tug-barge combinations that could be suited to this shipping route.
Project Passport, launched by SPI: The Plastics Industry Trade Association, is intended to provide companies in the food packaging supply chain with a suite of communication tools and educational resources to help convey relevant information about their products to ensure compliance and address the concerns of consumers and customers.
Rapid growth in the worldwide market for warehouse automation and control systems is being driven primarily by the global boom in e-commerce, and its profound effects on fulfillment requirements, according to an ARC Advisory Group market study.
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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