Airbus has missed delivery deadlines, which has hurt its cash flow while upsetting relationships with customers. Meanwhile, supplier delays and increased demand are keeping Boeing on alert, though it says it will not miss deadlines.
A recent Amazon job posting indicates the company is looking to become a player in the US and global medical supply chains. "Our mission is to make Amazon the preferred shopping destination for Healthcare customers," the job posting says.
An effective data strategy is a must for electrical distributors contending with Amazon Business, tightening margins and fluctuating material costs, says Alan Gatlin, vice president of sales at Steren Electronics. "Too many companies assume that putting up an e-commerce website is enough, when in reality those initiatives are often poorly implemented," he says.
Supply chain managers should be on a mission to gradually improve supply chain visibility, 3rdwave executive Grant Sernick writes. At the highest level, he argues, companies will be able to determine product costs and use those data to inform decision-making.
Blockchain adoption is low in the logistics sector, with only 7% of third-party logistics providers investigating how to use blockchain, a study found. Companies should consider whether they need smart contracts or cryptocurrency and keep in mind that blockchain is an answer for network visibility, not necessarily a solution for a single entity, said Chronicled founder Susanne Somerville.
Outsourcing mobility management services to IT companies can help companies achieve their reverse logistics goals, says DJ Oreb of DMI. "Right now, companies are having to process multiple different invoices to manage their mobility, and they want to reduce that to processing two invoices -- their carrier's invoice and their mobile service provider," he says.
Companies in India report that customers will sometimes seek a return of an online order but send a different product back. Such returns could be a mistake or the result of fraud by the customer or the delivery agent.
Jenzy has developed an app feature that can virtually measure children's feet in a bid to reduce returns to less than 5% of orders. The photo-taking process takes up to five minutes, founder Eve Ackerley says.
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