No matter where you live around the world, you might have seen “dark” stores — retail giants that have moved from selling products in-store to creating a fulfillment center in the physical store space.
Fulfilling short-term needs while maintaining long-term priorities has been an ongoing challenge for organizations since the onset of the pandemic. The global response to COVID-19 has slowed the day-to-day operations of many companies but amplified the progression of transformations that were already brewing before the outbreak.
Do you need to reduce labor and achieve lower total cost? Do you face tough competition in this increasingly cost-sensitive world? Can you keep your production volumes up if social-distancing rules become the norm?
Amy Barnes, senior director at Novolex®, a leader in packaging choice, sustainability and innovation, has earned the inaugural Women in Supply Chain Award.
The brand protection company presents peer-based research compiled from 100 interviews with brand protection professionals best practices to combat product counterfeiting. Based on 100 interviews with brand protection execs In highly regulated industries with complex operating environments: Consumer Packaged Goods (CPG), Pharmaceuticals, and Wine & Spirits.
In 2020, the goal of reducing supply chain inefficiencies has become especially true for the healthcare industry, as hospitals and healthcare systems work to reduce the billions of dollars spent on unnecessary supply chain operations every year.
Supply chains and the solutions used for managing them have become increasingly important as businesses become more global and interconnected. Globalization and digital technologies are changing business, especially as companies look to accelerate growth and expand into new markets.
It’s estimated that 95% of purchases will be made online by 2040. While household care brands have worked over the decades to build tight supply chains, in this new age of e-commerce, in-store packaging strategies can’t simply be replicated for e-commerce.
The key to anti-counterfeiting is to prevent false goods from entering the legitimate supply chain. The good news is that you can protect your brand. Starting with your raw materials suppliers, through manufacturing, packaging and onto distribution intermediaries, you can track and trace goods safely right to the customer.What’s the key to fortifying the legitimate supply chain to protect it from unauthorized goods entering your normal channels of trade? I believe it's a combination of these three strategies.