Healthcare Supply Chain Technology and Strategy

This one comes to us from the NAW - National Association of Wholesalers , and whiles it's not earth shattering or new. I felt it was worth repeating,  Thanks to the Internet, more products than ever before are becoming commoditized.  After all, anyone can search online to find just about anything, so what's left to compete on? You need to make your business distinctive ,  according to Scott McKain, founder of McKain Performance Group Inc.  "You need to reimagine your role in the value chain," he said at the NAW 2015 Executive Summit this year in Washington, DC. To stand out in an increasingly crowded market, distributors must develop four "cornerstones of distinction," McKain said. Of Course all of these can also be aided by the right software tools. Clarity If you don't understand what makes you different, how can you expect your customer to understand it? McKain said. And if you haven't clearly defined it, how can you understand it? Clarity of you...

Welcome to the supply chain revolution "Sharing your data is not communism" As more consumers shift to online shopping and the “omnichannel” retail model becomes the norm, experts say the old supply chain model is beginning to see fundamental changes. E-commerce sales are growing at a healthy clip and are expected to account for more than 10% of total retail sales by 2016. As much as 60% of all retail sales originate online even though they may be completed at a brick-and-mortar retail store. Changes in retail are being driven by technology advancements and that we can’t control. As such the supply chain is changing to accommodate these new paradigms. Supply chain members and third party logistics partners had better be aware of these changes and make better use of technology to make sure they stay on top of the latest trends. The Shift to Omnichannel means that consumers now use use various methods and devices to research, purchase and receive goods, but think about it this ...