Supply chain providers continue to face pressure from their customers and regulatory bodies to address challenges in cost management, compliance and competition. Contract packagers, contract manufacturers and third-party logistics providers (3PLs) are driving their businesses to continuously innovate and adopt emerging technologies in order to stay competitive.
According to a new Nulogy Educational Content Survey, the top goal for contract packaging providers in 2016 is the improvement of site efficiency. Fifty-three (53) percent of businesses surveyed ranked site efficiency as the main challenge for the new year, above improving quality control and compliance (38%); inventory accuracy (38%); and scaling and lowering costs (35%).
