These are bizarre times. Daniel Medalie gives the following advice to see the advantages of this time at home, even in the midst of the chaos and stress.
“All Freight Forwarders are the Same”
At Pegasus, we are prepared to let our clients know why our company is not the same and inform them of the ways we stand out over other forwarders.
Technological Differentiators in Logistics and Supply Chain
The modern world of logistics and supply chain is under constant pressure to innovate and take advantage of evolving technologies. As customer expectations change, logistics providers are faced with the choice between focusing their efforts on new technologies or being left behind. Shippers need a true partner who can deliver high-touch transportation while utilizing a custom approach and the latest …
Your Medical Equipment Logistics Guide
As mentioned in our blog by VP of Sales East Region, Georgia Mejia, “Medical Device Logistics: Answering the Challenges,” the medical device industry remains positioned for growth. There are millions of surgeries every year and even more patients that undergo examinations and procedures that require medical equipment. An ineffective logistics stream can not only stack up unnecessary costs but, most …
Managing Complexity in the Aerospace Supply Chain
In 1903, the Wright Brothers’ initial aircraft – Flyer 1 – was comprised of approximately a dozen parts. It had the basics like the wings, rudders, propellers, a fuselage, an engine, etc. Though I cannot speak definitively on where each of those parts was sourced, I’ll make the safe assumption that they were products of US manufacturing (since the primary …
Medical Device Logistics: Answering the Challenges
The US is the largest medical device market in the world, making up approximately 43% of the global market for medical devices. Select USA estimated the market was valued at $155 billion in 2017, with more than 6,300 medical device companies operating in the US. According to ResearchAndMarkets.com, the global medical device market is set to surpass $400 billion by 2023, …
The World of Life Science Supply Chain
Technology has created incredible opportunities in the world of life science supply chain management. But with that opportunity comes a new set of responsibilities and client expectations. According to the 10th Edition of Biopharma Cold Chain Sourcebook, the 2017-2023 growth rate for all pharma sales is 33%, while that for cold chain products specifically is 59%. Meaning the global biopharma industry collectively …
Final Mile Management
When it comes to managing the final mile whether it’s a time-specific delivery, medical equipment and high-tech equipment products, things can get difficult in a hurry if you and/or your provider are not proactive about the process. Inattention to detail and lack of experience can lead to higher costs, damages, and failure to meet client expectations. Here are a few …
Market Analysis: So Goes Consumer Spending, So Goes the Economy… and Logistics
Since transportation volumes and logistics activity are directly related to economic activity, particularly retail trade and manufacturing volumes, a quick review of both are warranted given the recent trends in freight volumes. Despite decreased rail, truck, and air volumes since the start of 2019, the economy has continued to grow although at modest levels. Much of this growth can be …
Understanding the impact of on-time percentages
All too often I’m asked, what is your on-time percentage as an organization? I consistently respond, “We pursue business where one failure is too many!” This means by the time we’re reviewing on-time percentages it could be too late! We challenge all stakeholders within Pegasus to understand the true impact of failure for all our clients. Not having a detailed understanding could …
Profitability of Trade Shows
Trade shows and exhibitions are traditional marketing strategies used to showcase a company’s goods and to network with decision-makers in their industry. Statistics show that 81% of attendees have buying power and spend an estimated 8.3 hours on the show floor. Additionally, 45% of attendees attend only one event per year looking for new products and services. This means that …
4 Factors to Consider when Choosing a Life Science Supply Chain
Zero: that’s the amount of failure you can tolerate in a life science supply chain solution. Whether it’s transporting a life-saving drug or managing a sensitive distribution of samples, you need a partner that can guarantee your deliveries will arrive safely, on time, and be placed in the hands of the intended recipient. Finding a supply chain solution partner isn’t always …