Pharma IQ takes a look at some of the trends forecasted to take hold this year: disruption for vendor landscapes, regulatory intervention and sophisticated analytics technologies gaining speed. Read the full article…
Each year it seems as though the ramp-up to holiday season starts earlier for merchants, as they truly understand the impact that strong (or poor) seasonal performance can have on their bottom line. Survey’s show 69% of both in-store and online sales during the holidays went to omnichannel retailers. That’s a reminder for all merchants to dedicate time pre-holidays to implement ways to engage with and sell to consumers through physical and digital channels. Read the full article…
The demand for transportation management systems (TMS) is on the rise. A basic solution manages truck and carrier dispatch, fleet maintenance, driver records, billing and driver pay, and DOT compliance, while additionally streamlining operations by optimizing carrier routes, managing customer activity, and reporting analytics. Read the full article…
The pharmaceutical cold chain industry is anticipated to grow 65% by 2020. This anticipated growth brings with it a concern of how to efficiently and safely transport temperature sensitive products. Specialty transportation providers bring with them a skill set capable handling such a task. Read the full article…
As the retail landscape continues to change and evolve, retailers are now revisiting RFID as a way to improve in-store inventory accuracy and customer experience. Read the full article…
A growing number of retailers are relying on suppliers to ship online orders directly to customers, a strategy they hope will help them compete with e-commerce rivals without spending more on inventory.
The practice, known as drop shipping, lets retailers offer more products for sale on their websites without having to keep those items in stock. Read the full article…
Third-party logistics (3PL) providers specialize in maximizing their customers’ supply chain processes. Recently, 3PLs have innovated their practices to extend pharmaceutical supply chains for special projects, such as packaging and kitting. Vendor-managed inventory (VMI) is a natural evolution of these extended services. Read the full article…
In late June 2017, the U.S. Food and Drug Administration announced a one-year delay in the enforcement of the Drug and Supply Chain Security Act’s (DSCSA) requirement for manufacturers to affix or imprint product identifiers to each package or homogeneous case of product. Despite this delay, the pharmaceutical community strives to meet the original deadline. Read the full article…
With the pharmaceutical industry quickly evolving, it becomes increasingly difficult for pharmaceutical companies to balance the various demands of the industry without sacrificing speed or security. Depending upon the resources of today, it may become increasingly difficult to keep up with the demands of tomorrow. Read the full article…
Global Trade Magazine and Inbound Logistics have both released their industry lists of Top 3PL’s for 2017, once again recognizing MD Logistics as a key player in the 3PL industry. Read the full article…
