The Friday Report: March 8th, 2019Quick wrap up of a few hot topic newsworthy stories in the supply chain logistics industry
American Logistics Aid Network Mobilized for Tornado Relief
Following the devastating Category 4 tornado in Alabama and Georgia, the American Logistics Aid Network (ALAN) initiated mobilization of the logistics community. Based in central Florida, ALAN works with the logistics community across the country to coordinate the donation of the warehouse space, transportation, services and equipment needed for post-catastrophic event assistance. Using its website, ALAN matches up requests with organizations and private companies that can help fulfill specific needs. The American Logistics Aid Network also accepts donations, including in-kind donations via its volunteer database.
Rather than sending unsolicited products, trucks or aid workers to affected areas, ALAN helps to streamline the disaster relief process and helps to ensure that the resources that are needed reach their intended destination as quickly and efficiently as possible. Founded in the wake of Hurricane Katrina in 2005, ALAN facilitates free logistics assistance to disaster relief organizations before, during and after the occurrence of catastrophic events.
Waymo Opens Sale of Sensors to Lower Production Costs
Waymo, Alphabet Inc.’s self-driving car unit recently announced that it is planning to sell the laser-mapping sensors used on its driverless vehicles to other companies that do not compete in the
Sale of the lidar technology will pit Waymo in head-to-head competition with the world’s biggest lidar producer, Velodyne Lidar Inc., part of a billion-dollar industry.
More than simply producing additional revenue for Waymo, the sale of their lidar technology will result in increased
Senators Blast Pharmaceutical Companies for High List Prices
Recent Senate hearings with pharmaceutical companies to discuss drug pricing
The practice of setting list prices higher at the onset to accommodate rebates and discounts on specific drugs was examined. Rebates and discounts are provided to
A three-part hearing on prescription drug pricing has helped to illuminate the challenges of the current system. The Senate Special Committee on Aging has been hearing testimony from policy experts as well as consumers who have been impacted by high drug prices. The next step is to hear testimony from Trump administration officials on the steps they have taken to make drug costs more transparent and affordable.