Monthly Archives: April 2024

Revolutionizing Pharma Logistics for a Sustainable Future

Discover how innovative cold chain solutions are reshaping the pharmaceutical industry towards sustainability, reducing reliance on air transport and decreasing greenhouse gas emissions along the supply chain journey. Amidst tightening regulations on environmental, social, and governance (ESG) standards worldwide, pharmaceutical companies are rapidly transforming their value chains to prioritize sustainability. Leading firms in the pharma…

China’s Logistics Sector Demonstrates Promising Growth Trends

China’s logistics sector has demonstrated stable performance in the first quarter of this year, driven by accelerated industrial production and increased transport demand, according to a recent industry report. The index monitoring the country’s logistics market exhibited positive growth, standing at 51.5 percent in March, marking a significant increase of 4.4 percentage points from the…

Global Supply Chains Show Signs of Improvement in March, Easing Inflation Concerns

Manufacturers worldwide reported further improvement to supply chains in March, indicating a gradual alleviation of disruptions caused by recent global events. The Global Manufacturing PMI, sponsored by JPMorgan and compiled by S&P Global, revealed that the time taken for factories to receive goods from their suppliers shortened on average during the month. The slight improvement…

Major Acquisition in Supply Chain Software Sector

In a significant move within the supply chain software sector, a prominent player has agreed to acquire another company for a staggering $839 million. The acquisition is set to bolster the buyer’s position in the market, adding innovative capabilities to its portfolio. The acquisition targets a company known for its “intelligent control tower” and real-time…

New Online Master’s Program in Supply Chain Management Introduced

A new online Master of Science in Supply Chain Management program has been launched, offering students a comprehensive curriculum focused on the intricacies of supply chain operations. Supply chain management encompasses a wide range of activities involved in the production and delivery of goods and services, including procurement, transportation, inventory management, and logistics. This program…

U.S. Initiates Overhaul of Lithium-Ion Supply Chain Strategy

In a strategic move to bolster the nation’s economic security, the United States has launched a comprehensive reform of the lithium-ion battery supply chain. The inaugural report in a series of three focuses on the crucial processing and refining stage of this essential supply chain. Assessing domestic efforts to enhance extraction and processing capabilities, the…