Week in Review: Pill Panic, UK Cargo Bandits & Grocery Magic
August 8, 2024
October 15, 2024
x min read
This week's digest takes you on a wild ride through the supply chain world—from pharmacy shelves to highway heists. We're spotlighting the medication mess-ups that could shape the next election, UK truckers living through thriller (or horror) movies, and how Tennessee farmers could soon be stocking your pantry. Plus, you’ll discover the retail lifeline you never knew you needed—and learn why there's no reason your next grocery run can’t happen from your couch. Buckle up!
Why Drug Supply Chains Crave Improved Visibility
Picture this: you're at the pharmacy, ready to pick up an important prescription, only to hear those dreaded words: "I'm sorry, we're out of stock." This frustrating scenario plays out far too often, and it's not just inconvenient—it's potentially dangerous. As drug prices take center stage in the upcoming U.S. presidential election, a hidden culprit lurks behind the scenes: inefficient supply chains with poor visibility.
The Pandemic's Lingering Shadow on Medication Supply
COVID-19 threw the pharmaceutical world into chaos, and we are all still feeling the aftershocks—and one entire year after the World Health Organization declared the pandemic over, drug supply chains remain in disarray. Unlike the retail sector, which has mastered demand forecasting and inventory management, drug suppliers and hospitals often rely on outdated "push" models. That means they're frequently caught off guard by sudden shortages or unexpected spikes in demand. How can healthcare providers possibly prepare when they're operating in the dark?
Real-Time Shipment Visibility: A Prescription for Change
Imagine a world where hospitals could see shortages coming before they hit, and where manufacturers fine-tune production based on actual usage, not guesswork. That's the power of real-time shipment visibility in a nutshell. Plus, by implementing intelligent inventory management tools, it’s possible to create a continuous loop of information—from manufacturer to patient. The ultimate aim? Transparency and ensuring patients have the right medication at the right time, while curbing soaring drug costs.
Cargo Theft is Not Only a North American Problem
Cargo theft isn’t only a bad dream for North American truckers and supply chains—it's an epidemic for many across the United Kingdom. In 2023 alone, over 5,000 incidents were reported in the UK, averaging 14 thefts daily. The total loss? A staggering £68 million ($87 Million USD) in stolen goods. However, industry experts believe the actual figure could be seven times higher.
The Rise of High-Stakes Highway Heists
Forget what you've seen in movies—modern cargo thieves are taking their tactics to the next level. The UK is witnessing something known as "rollover" theft: a daring maneuver in which criminals pursue a moving truck at high speeds—on the highway. In a scene straight out of an action film, a thief climbs out of the pursuing car's sunroof, leaps onto the truck, and breaks in—all while both vehicles are in motion. These bold attacks have already been recorded nine times in the UK in 2024, up from seven incidents the previous year.
The Human Cost of Cargo Crime
It's not just about the money. Truck drivers are also bearing the brunt of this crime wave, with many reporting sleepless nights and constant anxiety. Some wake up multiple times during the night to check on their cargo. Others have left the profession entirely, unable to cope with the stress. While real-time visibility can help track valuable cargo, it's clear that more comprehensive solutions are needed. That's why the industry calls for increased secure parking and tougher laws to combat this growing threat. Until then, truck drivers here and across the pond will continue to be highly vulnerable.
Tennessee & USDA Team Up with $5.5 Million Grant
You might not think about it when grabbing groceries, but the journey from farm to table is complex. Tennessee is taking action to smooth out the bumps along the way thanks to a $5.5 million grant from the U.S. Department of Agriculture (USDA).
Local Flavors, Bigger Reach
One way the Tennessee Department of Agriculture (TDA) plans to spend the money is by opening up access to commercial kitchens and beefing up processing plants for small and midsize producers. More locally-made goods can hit the shelves with producers able to diversify their product lines, ramp up production volumes, and explore new wholesale and retail opportunities. This could mean that small-batch hot sauce or grandma's secret pie recipe might finally get its big break.
Fresher Food, Happier Communities
This cash influx also aims to build a food supply chain that works for everyone—from the smallest family farm to the biggest grocery store. The TDA is listening to the stakeholders who often get left out, making sure this money helps the whole community. Plus, with better tracking from farm to store, you might just see fresher local produce in your cart.
Drowning in Low Inventory? Order Visibility is Your Life Raft
You're staring at empty shelves, wondering where your next shipment is. Sound familiar? With earlier peak seasons and port pile-ups, retailers are swimming in uncertainty. That's where visibility steps in.
See It. Save It.
Forget dusty plans from six months ago. Today's market is a whirlwind; you need to know where every box and pallet is at all times–and real-time visibility lets you pivot on a dime. You can dodge port delays by rerouting shipments, maximize cross-dock efficiency with live updates, and cut storage costs by optimizing inventory placement. Companies using this approach are slashing expenses—and keeping shelves stocked.
Bringing Your Supply Chain into Focus
Here's the thing: fancy data systems alone won't cut it. Many businesses are drowning in numbers—but starving for insight. The game changer? Integration. Merge your ERP, WMS, OMS, and TMS with real-time tracking, and suddenly, you've got x-ray vision across your entire supply chain. A logjam at the docks? You'll see how it impacts warehouse space and delivery times before it becomes a crisis. Everyone in your organization—from inventory planners to logistics managers—can make smarter, faster decisions with this information at their fingertips.
Albertsons & Instacart Join Forces for New Era in Online Grocery Shopping
Thanks to Albertsons and Instacart's expanded partnership, grocery shopping is getting a high-tech makeover. Buckle up, America—nationwide pickup and lightning-fast delivery are about to change your weekly food run.
Pickup Made Simple: 2,000+ Locations at Your Fingertips
Gone are the days of aimlessly wandering supermarket aisles. By the end of August, over 2,000 Albertsons-owned stores—including popular chains like Safeway, Shaw's, and Jewel-Osco—will offer free pickup services for Instacart orders. Customers can select a time slot, receive a notification when their groceries are ready, and wait in designated parking spots while store associates load their cars. Talk about a perfect solution for today’s busy schedules—whether you're on the way home from work, picking up the kids, or running errands.
Albertsons Rapid: Your 30-Minute Grocery Lifeline
Need last-minute ingredients or household essentials? Albertsons Rapid, a new virtual convenience store, has you covered. This innovative service promises delivery in as little as 30 minutes, bringing everything from prepared meals to snacks and grocery staples to your doorstep. With a modest $2.99 service fee (free for Instacart+ members), Albertsons Rapid serves its purpose during those unexpected grocery emergencies—or when you simply don't have time to run to the store.
Visibility to the Rescue: Your Supply Chain's New Superpower
Ready to transform your supply chain chaos into clockwork? Here's how Tive can help:
- Trackers: Revolutionize your shipment tracking with Tive's advanced Solo 5G trackers, offering real-time location and condition monitoring to ensure the security and integrity of your cargo.
- Tive Tag: Enhance perishable shipment protection with Tive Tag—an affordable and reusable paper-thin temperature logger—to verify that your goods have remained pristine throughout transit.
- Platform: Streamline your supply chain management with Tive's intuitive cloud platform, offering comprehensive visibility, analytics, and integration capabilities for seamless shipment tracking and monitoring.
- Industries: Tive caters to a diverse range of industries, ensuring tailored solutions for unique supply chain challenges—from perishables to high-value goods to transportation and logistics to pharmaceuticals… and beyond.
- 24/7 Live Monitoring Team: This team is available to help ensure that your shipments are constantly watched over and managed—to guarantee timely and secure delivery.
Arm yourself with innovation: let Tive lead the way in transforming your supply chain operations. Embrace the future of logistics—get started with Tive today.