Found in 247 News & Content,
with a score of 2.66
Open Text Corporation, a global leader in Enterprise Information Management (EIM), announced today that it has entered into a definitive agreement to acquire Dell EMC's Enterprise Content Division (ECD), including Documentum. ECD offers a suite of leading Enterprise Content Management solutions with deep industry focus, including the Documentum™, InfoArchive™, and LEAP™ product families. Under the terms of the agreement, the software, associated services, and employees of ECD will be integrated into OpenText. The acquisition is expected to deepen OpenText's EIM offering with a substantial portfolio focused on Enterprise Content Management (ECM) and Information Life Cycle Management. “We are at the…
Found in 247 News & Content,
with a score of 2.65
…demand for quality compliant storage environments in the life sciences and retail goods industries and to fulfill increased needs from current customers. Now operational, this is the fourth facility on their Plainfield campus. MD Logistics has invested more than $1 million in building improvements to enhance the space, which consists of 180,000 square feet of temperature-controlled storage. “With 23 years of business in Indiana, we continue to experience double-digit growth while maintaining a quality of service our customers have come to expect from us,” says Mark Sell, President & CEO of MD Logistics. “This expansion, along with the focus on…
Found in 247 News & Content,
with a score of 2.63
…allows officials to better detect illegitimate products throughout the supply chain[1]. Approach For MD Logistics, our approach to pharmaceutical serialization began in 2008 when we started a conversation with one of our customers. Our conversation had grown more in-depth to the point where we were building out a plan based on their needs and the requirements of the Federal Drug Administration enacted the Drug Supply Chain Security Act, the DSCSA legislation. In addition to needing to document where every unit was manufactured, we also needed to capture all serial numbers down to the unit on their way into our building.…
Found in 247 News & Content,
with a score of 2.57
Blockchain: Surgere’s New Supply Chain Tool Annually, the Automotive Industry alone loses billions of dollars due to supply chain mismanagement. For most, the deficit is credited to losing between 16 and 18 percent of reusable packaging assets. The multi-billion-dollar problem in the Automotive Industry is indicative of an issue with the current state of supply chain management across all industries. Simply stated - the status quo of supply chain management has been outgrown. For Honda of America Manufacturing, Inc., the status quo became too costly and inefficient to sustain. As their supply chain grew, they faced new problems - lost…
Found in 247 News & Content,
with a score of 2.50
Supply Chain Disruption It can be difficult to predict an unprecedented disruption such as the COVID-19 pandemic. It has demonstrated that even what was thought to be the best-designed supply chains are vulnerable to the risks of unforeseen disruption. While there is no denying the importance of confident communication and transparency during a crisis, it is equally critical for business leaders to have a confident understanding of disruption impacts, consequences, and actions to take to make the appropriate trade-offs and restore operations as quickly as possible. Business leaders are redefining what they classify as risk and how they balance that…
Found in 247 News & Content,
with a score of 2.46
…the most part, come across error free. The electronic information is then passed to our Operations team to start the planning process. You’re given immediate notification that the information has been received, allowing you to start the tracking process. We are working diligently with our shippers to increase the amount of electronic BOLs received and offer special incentives in order to make this happen. This is a big win for the shipper, carrier and the consignee; better and timelier information reduces errors and improves performance. Your PITT OHIO Sales Representative will be able to help answer questions and get you…
Found in 247 News & Content,
with a score of 2.45
…to help save the lives of the flight crew. Supply chain professionals have to push the envelope on processes and procedures every day to gain incremental improvements in customer service, costs and efficiencies. As in the aerospace industry, pushing the supply chain envelope involves increased risks that need to be analyzed and mitigated, if possible, or at least planned for. Each stretching of the envelope generates unique risks. For example, international product sourcing strategies aim to drive down per unit acquisition cost. Product selling strategies aim to gain market share. Expansion strategies often inadvertently drive up the complexity and cost…
Found in 247 News & Content,
with a score of 2.43
…cylinders and pumping out jobs like a fire hose. Supply chain areas like transportation and logistics have in particular reported robust hiring and some difficulties in finding skilled workers. On the other hand, anecdotal reports from recent master’s degree graduates as well as experienced workers in supply chain management indicates a market in which it is still very difficult to gain job interviews. What’s happening under the employment hood? Let’s take a look. The December 2018 payroll report issued by the U.S. Bureau of Labor Statistics on January 4, 2019 indicated an unemployment rate of 3.9 percent, and the number…
Found in 247 News & Content,
with a score of 2.41
…carrier-shipper equation. The most accurate systems for base rate information development support the macroeconomic issues of LTL carriers without yielding to the micro-level operating and marketing issues of any individual carrier. Simply put, base rates level the LTL transportation playing field, guaranteeing that all parties in the supply chain equation are using the same sets of rating data. Accurate, Dependable Benchmark Rates Accurate, dependable benchmark rates are derived through robust pricing studies of the dynamic domestic LTL market - products of exhaustive market analysis, carefully crafted equations, expert data science, and decades of LTL experience. These continually updated base rates…
Found in 247 News & Content,
with a score of 2.41
Time to Modernize Supply Chain Design In light of the dramatic changes that supply chains have undergone over the last 20 years, companies need new, innovative approaches to supply chain design that shifts the focus from cost-minimization toward value creation. And the design process must mature to capture the complexity, volatility, and uncertainty of the competitive environment in which modern supply chains operate. These challenges can be met with the support of advanced methods that combine the power of analytical models with the implicit knowledge of expert human decision makers. The new approach improves decision-making transparency, enriches design solutions, and…
Found in 247 News & Content,
with a score of 2.40
…package solutions for Investigational Medicinal Products, specimen kits, ancillary supplies, and medical devices to and from investigator sites, contract research organizations, and diagnostic centers. “Our goal is to help clinical investigators reach any part of the world with maximum efficiency”Geoff Light, UPS vice president of global healthcare strategy Its customs brokerage team, one of the world’s largest, helps shippers navigate international regulations and avoid costly delays. “Improved health outcomes through sophisticated drugs and vaccines starts with successful clinical trials,” said Geoff Light, UPS vice president of global healthcare strategy. “Optimized logistics is an integral component of medical research and development,…
Found in 247 News & Content,
with a score of 2.39
…capacity for global and domestic clients in the life sciences and medical device industries. The company is upgrading its 173,000-square-foot facility, which opened in 2015, to expand its frozen and refrigerated pharmaceutical storage capabilities. The renovation, which is expected to be complete next month, will allow MD Logistics to support increasing market demands, including a new contact with a large global pharmaceutical company. MD Logistics, which currently employs nearly 200 full-time Indiana associates across its three-facility campus in Plainfield, is hiring for various positions, including warehouse associates, leads, supervisors, and managers. Interested applicants are encouraged to inquire about employment opportunities…
Found in 247 News & Content,
with a score of 2.30
…you put theory into practice. Earning a certificate in supply chain management while you work full-time allows you to apply the knowledge you gain to your current job. With two online certificate programs, Graduate and Professional, you’ll get to choose which is the best fit for you. more…. Auburn University Today, business success often depends on the efficient management of the flow of goods across the global market place –a process that grows increasingly complex. The Supply Chain Management major equips students to handle this complexity by combining logistics and operations management training and provides a practical understanding of procurement,…
Found in 247 News & Content,
with a score of 2.30
…“Our mission is to empower enterprises to use data science to systematically test, discover, and predict what customers want and deliver uniquely tailored experiences,” said Tim Brown, Chief Executive Officer, Maxymiser. “We are excited to join Oracle and bring these capabilities to help extend Oracle Marketing Cloud.” Letter to Customers and Partners Dear Customers and Partners, On August 20th, 2015, Oracle announced that it signed an agreement to acquire Maxymiser, extending Oracle Marketing Cloud’s leadership with the industry’s most powerful solution for optimizing web and mobile customer experiences. The proposed transaction is subject to customary closing conditions. Until the transaction…
Found in 247 News & Content,
with a score of 2.30
…be sold because they missed their selling season. As supply chains became more volatile and uncertain, companies ordered more of everything “just to be sure.” This practice is a variation of the consumer hoarding habits that became evident during the height of the pandemic. As a result, when deliveries arrived, inventories ballooned. Consumers changed their preferences. In the face of rising inflation and the fear of a coming recession, consumers started buying less branded products and focused on value instead. Since this shift was unexpected at the time orders were placed, it landed companies with the wrong inventory. Some of…