How a Buy-Sell Solution Can Operationalize Supply Chain Resilience To Create Value
On this webcast, GEP experts detail how you can benefit from its innovative buy-sell business process.
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What is ABC Analysis and How is it Used in Inventory Management?
January 17, 2023 | Supply Chain Strategy
ABC Analysis can also be used to prioritize inventory items for reordering. By focusing on the A items, businesses can ensure that they are always stocked and that their stock levels are not too low. This helps to reduce the risk of stock outs and improve customer satisfaction
ABC Analysis is a popular inventory optimization technique used by businesses to prioritize inventory items. It helps businesses identify the items that are most and least valuable and focus on managing those items accordingly.
Building a Supply Chain Ecosystem for Competitive Advantage
January 17, 2023 | Supply Chain Strategy
Modern supply chains comprise of deeply interconnected networks of supply chain elements with complex interdependencies. These modern supply chains are so designed, that despite their exposure to the volatility of the business environment, they continue to enable businesses to pursue trade with each other efficiently.
Challenges and Benefits of an Extended Supply Chain Network
December 12, 2022 | Supply Chain Strategy
Businesses today rely heavily on their supply chain for success. Having an extended supply chain network allows businesses to access new markets, increase efficiency, and stay competitive.
However, as recent events have shown, there are several challenges in maintaining an extended supply chain.
In this article, we explore the different aspects of an extended supply chain network, the challenges it presents, the benefits it can bring, and the technology needed to manage it.
How Middle Mile Delivery Can Benefit Businesses
December 06, 2022 | Supply Chain Strategy
Middle mile logistics is a part of the supply chain mechanism that is often overlooked as it is a challenging task optimizing it, similar to first mile and last mile logistics.
However, the global pandemic has changed how middle mile logistics and middle mile delivery are viewed. Companies are now focusing on this key link in the supply chain and are looking to develop more robust logistics mechanisms.
Challenges of Running a Pharma Cold Chain (And How to Overcome Them)
December 05, 2022 | Supply Chain Strategy
Pharma companies rely heavily on the efficient functioning of their supply chains. Here’s why.
The production and distribution of pharmaceutical drugs requires careful monitoring and tracking to ensure that products stay safe for consumption after packaging, shipping, and storage. A well-managed pharmaceutical cold chain reduces the risk of product spoilage, which can be especially dangerous in the case of medicines.
Oil & Gas: 3 Focus Areas To Transform Procurement and Supply Chain Operations
Procurement and supply chain operations in oil and gas companies have been in need of a revamp for a while now.
Is your organization ready to take the much-needed transformation leap?
GEP's newest bulletin, Oil & Gas: 3 Focus Areas To Transform Procurement and Supply Chain Operations, shares recommendations that will make the journey easier and drive business goals. It makes a case for a center-led procurement model, proposes strategies to retain talent, and discusses the advantages of integrating operations with intelligent technology.
How Pharma Companies are Dealing with API Shortages
November 22, 2022 | Pharma and Life Sciences
The U.S. government continues to make a push for more domestic manufacturing with its 2021 “Made in America” legislation.
The question now is: Can this push benefit the country’s ailing pharma industry? Can it change the active pharmaceutical ingredients (API) manufacturing scenario in the next decade and lead to increased production of APIs back home?
2022 State of Global Supply Chains Study
We have entered a new era where cost is no longer the dominant force driving global supply chains and procurement. How are supply chain leaders mitigating inflation and risk and achieving environmental and financial goals?
GEP and Economist Impact surveyed 400 business leaders across Europe and North America to better understand how supply chains are being remade for the cost-plus era. The 2022 State of Global Supply Chains Study provides actionable insights to bolster supply chain performance.
What’s Inside:
A Complete Guide to Improving Supply Chain Visibility
November 02, 2022 | Supply Chain Software
Supply chain management (SCM) can be a serious challenge for most organizations — be it small- and mid-sized companies or multinational conglomerates — because of the incredible complexity and opacity brought about by a constantly changing business environment.
