Remove Inventory Remove Manufacturing Remove Puerto Rico
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Drugmakers Face Puerto Rico Factory Challenges with Shattered Infrastructure

Material Handling & Logistics

Drugmakers rode out Hurricane Maria in Puerto Rico, but keeping plants running while the devastated island picks up the pieces is likely to be tougher. The industry accounts for roughly a quarter of the island’s gross domestic product, with more than 70 medical-device manufacturing operations and 49 U.S. Boston Scientific Inc.,

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3 Minute Explainer: An Introduction to Foreign-Trade Zones

QAD

There are FTZs in all 50 states and Puerto Rico. Almost any merchandise can be manufactured in an FTZ with a few exceptions. Some exceptions include the manufacture of alcoholic beverages, firearms, tobacco products and sugar. FTZs are similar to its global counterparts, Free Trade Zones.

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7 Steps to Weatherproof Your Supply Chain for Extreme Weather

Resilinc

Take this example: when category 5 Hurricane Maria was approaching Puerto Rico in 2017, suppliers and critical FDA-regulated materials were threatened. million worth of IV bag inventory (at the time Puerto Rico was the sole source of these bags for the majority of US-based healthcare providers).

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Patient-centric networks at the heart of pharmaceutical supply chain management: Lessons from LogiPharma Europe 2018

Kinaxis

Excellence in operations driven by end-to-end visibility into inventory levels will be important. To highlight his point, Thornley shared this example: The API was manufactured in China, granulation was performed in Puerto Rico, and then packaging was performed in Netherlands.

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Hurricane Harvey & Irma's Threat on the Product Economy

Elementum

In Puerto Rico, more than a million people were left without power and 50,000 without water. Expected Long-term effects: Critical part of US manufacturing supply chain is currently at a stand-still. Price spikes haven’t been seen yet because companies are still burning through existing inventory.

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Examining LogiPharma 2019 – Top 3 symptoms you caught the life sciences supply chain bug

Kinaxis

Temperature, timing, and few supply options with no buffer inventory to satisfy demand are all risk factors along with the fact this is a high touch supply chain requiring extremely talented individuals. Coordinating regulatory approvals with the ability to manufacture could make or break capturing market share.

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4 Things We Learned this Hurricane Season About How Companies Use Tech to Help Communities

BlueYonder

Retailers use the cone to determine store locations in areas most likely to be hit to prepare almost prescient inventory levels. Retailers use a control tower with technology for visibility into inventory on the move and across their store locations. They also look at inventory levels and gaps in processes.