April 02, 2024 | Supply Chain Software
How much inventory is too much or too little?
This is perhaps the biggest concern for businesses today.
Yet, there doesn’t seem to be a clear answer.
Nonetheless, all businesses, big or small, must get this aspect of supply chain operations right, especially as the larger economic environment continues to be uncertain.
The key objective in this process is to ensure that products are in stock at the right time and at the right cost.
March 30, 2024 | Risk Management
Expect short-term direct and indirect transportation cost increases after the Baltimore bridge collapse, says GEP’s logistics expert David Doran
Clinical trials are complex yet integral to the pharmaceutical and biotechnology industries' ability to develop innovative new products. However, lack of program governance, approval delays, and limited integration of technological systems can adversely impact cost, quality, and time.
What can these organizations do to overcome these obstacles?
March 11, 2024 | Supply Chain
The Red Sea crisis triggered by the attack on container ships by Houthi rebels in Yemen continues to impact global shipping. The disruption has caused delays, increased costs, and disrupted supply chains, affecting major shipping canals and global trade routes.
The route through the Suez Canal presents distinct challenges, with the conflict in Gaza prompting the Houthi rebels in Yemen to launch attacks using rockets and drones on ships travelling to and from the canal.
March 04, 2024 | Market Intelligence
Panama canal drought has caused shipping delays and higher costs for companies. Read this blog to know the impact of rerouting and future implications.
March 04, 2024 | Supply Chain Strategy
The recent LoanDepot and 23andme cyberattacks have again put in the spotlight the interconnectedness and fragility of modern businesses and their supply chains.
As supply chains rely on networks of manufacturers, logistics providers, and vendors, they face intensifying cybersecurity threats.
March 04, 2024 | Supply Chain Software
For modern supply chain organizations, effectively managing inventory is more crucial than ever.
Globalized networks, omnichannel operations, compressed order cycles -- these realities make optimizing inventories challenging. Businesses require strategies that balance service level targets against the risk of excess stock.
As we enter 2024, a new set of best practices is emerging around data-driven inventory optimization. Companies should reevaluate existing approaches and update inventory management playbooks.
March 01, 2024 | Operations
Many businesses struggle with limited visibility into their supply chains, creating uncertainty and inefficiencies. Unseen stockouts disrupt operations, dead stock erodes profits and inaccurate orders frustrate customers. This lack of clarity hinders optimal performance and growth.
How oil and gas companies can play a significant role in the energy transition by embracing hydrogen.
February 01, 2024 | Supply Chain Software
In today's global and hyper-connected economy, consumers expect personalized, customized products delivered to their doors overnight at the lowest possible prices. These pressures strain already complex global supply chains spanning multiple countries, suppliers, manufacturers, distributors and logistics providers.
