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According to McKinsey, the value of pharmaceutical goods traded has grown sixfold. From 116 billion euros in 2000 to 594 billion euros in 2019. In the last ten years, there has been a drastic shift in Active Pharmaceutical Ingredients (APIs) production, mainly due to cost. According to the FDA, 40% of registered manufacturing sites for …

In motor vehicle production, approximately 15,000 to 25,000 parts are used. A shortage of just a handful of these parts can increase the lead time excessively. As globalisation continues to boast, approximately 50% of spare parts are produced in China now. The closure of the Chinese market caused a shortage of 1.7 million automotive parts. …

In the post covid era, B2B Retail buyers and sellers have evolved drastically and amplified their expectations. Though they entered the digital arena through e-commerce, several B2B companies are still struggling to maintain the demand and supply equilibrium, and maintain their customer relationships.   Let’s look at the factors acting as a hindrance for B2B …

In our third article of this resilient planning series, we’ve exposed the limits of the deterministic model and supported the need to move to a more resilient approach.  This paradigm drift is crucial to mitigate this uncertainty in this VUCA world properly. How exactly will this approach be beneficial to mitigate volatility?   As a …

Do you remember when you first started? Flowlity was launched in 2019 with COVID-19 just on the horizon! How did the crisis impact your operations? JB: The health crisis has more or less always been in the background for Flowlity. The hardest part was building our client portfolio between March and May. For those three …

Of all existing planning models, the most widespread in supply chains is the deterministic approach. However, the model has its limitations and can be potentially misleading. Gartner analyst Tim Payn believes it’s time to move to resilient planning. What is the deterministic model?  The Deterministic Model predicts events without taking random variation into account. This …

According to Gartner, deployment of AI has tripled in the past year, with 37% of companies deploying it in 2019, compared to 25% in 2018. Artificial Intelligence (AI) and Machine Learning (ML) appear to be two of the key technologies for a more resilient supply chain.   AI MECHANISMS Artificial intelligence has got quite a few …

The ongoing pandemic has made business activities unpredictable in many ways. Not only does it expose a lack of response in the ability of the current Supply Chains to manage unpredictable changes but also uncertainty in supply and demand. The future of the Supply chain is at risk. Companies are looking for ways to improve …

New year, new trends. The mechanisms of supply chain management keep moving and evolving in diverse areas. Analyzing the current supply chain trends and predicting them are the keys to stand out from the competition and meet the customer’s requirements.   So, what are the current Supply Chain trends for 2022?    More Omnicanality The …