By investing in education and following export compliance regulations, businesses not only protect their own interests, but also maintain the security and integrity of international trade.
In an ideal world, every shipment moves seamlessly, capacity is easy to find, every mode runs on time, and there are no disruptions. But we don’t live in an ideal world.
Supply chains are looking to warehouse management systems and other cutting-edge applications to cope with demand fluctuations, potential disruptions and rising costs.
The rise of digital supply chain networks represents a significant shift in how the pharma and life sciences industry approaches supply chain management.
It’s time to confront the harsh truths, and pivot toward strategies like reshoring and nearshoring that promise to mitigate risks and restore competitive advantage.
As operating landscapes become increasingly turbulent, companies in every region are reviewing their supply chain strategies for navigating uncertainty and sudden change.