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Pharmaceutical companies run two types of supplychains. There is the commercial supplychain where drugs that have been approved for use on patients are shipped to distributors, drug stores, and hospitals around the world. Then there is a clinical trials supplychain. dollars on drug development.
However, supplychain leaders well understand that drug discovery, manufacturing, and distribution are all necessary to deliver the vaccine to a willing arm. Development and distribution, as any supplychain leader knows, are two different topics. As a result, the supplychain, as we knew it is dead.
And how can supplychain planning help? In one project, I am interviewing over fifty supplychain leaders on their perceived impact of advanced planning, what makes a good plan, and how effectively they use the technology. I am also writing the new edition of the SupplyChains to Admire.
Note: This is part of an ongoing series on the top ten trends affecting the pharmaceuticalsupplychain. Pharmaceuticals manufacturers now realize that integrating upwards of 100 contract manufacturers in different regions into their core ERP would take several years. Number 4: Counterfeiting. The Network Effect'
As I was enjoying the holidays, I had an opportunity to reflect on the year past and what the future holds for supplychains. However, organizations will need to be deliberate in designing supplychains with optionality so it does not become cost prohibitive. SupplyChain Design is essential in tackling these.
Today we published a new report, SupplyChains to Admire. Here we share the answers to the questions that we get the most often about this research: What is the source of data? The data analyzed to compile the SupplyChains to Admire report came from publicly-available information from balance sheets and income statements.
Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of SupplyChain Leadership? Designed to lift the profession and celebrate supplychain results, I struggle to find that the methodology supports either objective.
Supplychain sustainability is a higher priority than ever. In MIT’s State of SupplyChain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. We must plan, source, make, and deliver differently for supplychain sustainability.
Supplychain resiliency and sustainability are top priorities for CEOs today. To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supplychains to collaborative supply networks and actively design their supplychains.
Over the years, cost and efficiency ruled the supplychain agenda. The Chief SupplyChain Officer (CSCO) has gained prominence as organizations tackle the disruption and prepare for a post-COVID world. Corporations across industry verticals are looking to diversify sources of supply beyond China.
Factories for most commodities (other than essential commodities, pharma, medicinal and medical devices, food and groceries) were shutdown globally. Huge demand supply issues breaking the ever-so-fragile supplychain globally. It is now or never for supplychains globally if they do not put their acts together!
by Bill DuBois The life sciences supplychain starts with a miracle. In a recent Forbes interview on why it’s so hard to bring tech into pharma, Vas Narasimhan, Chief Executive Officer of Novartis AG pointed out that only one in twenty drugs make it out of clinical trials. Is there a more challenging industry than life sciences?
by Dr. Madhav Durbha The 2017 Gartner supplychain executive conference took place at the O2-Intercontinental Hotel in London on September 20 th and 21 st. The theme of the conference was ACT (Aspire, Challenge, Transform), same as the Gartner supplychain summit in Phoenix during May of this year. Collaborative.
Pharma & Life Sciences Procurement/Sourcing RFID & AIDC' Healthcare providers historically have had prepaid plans where the cost of care was paid up front and the more procedures a hospital did, the more they got paid. Consequently providers felt little […].
states, obvious disruptions to supplychains and supplychain risk management were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. The human links of the supplychain were stressed. These ports accounted for 18.3%
5 Megatrends Shaping SupplyChain Innovations. In these times of global turmoil, there are five (5) important megatrends shaping supplychain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supplychain management.
This is a story for the Eds, Franks, and Toms working together in supplychains across the globe. It is also a story for a young supplychain manager attempting to make a difference, but feeling stymied. Efficient supplychains may not be the most effective. Need for SupplyChain Leadership.
Megatrends Shaping SupplyChain Innovation. While the COVID-19 pandemic woke up supplychains around the world, the ripple effects continue to disrupt in both size and scope. How are supplychains planning for further disruption and uncertainty? Creating a more resilient supplychain.
Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supplychain during COVID. The company bought a risk solution that provides real-time alerts to potential supply disruptions. We knew exactly what we couldn’t get.”
The future of supplychain I foresee brings new risks and challenges, along with recognition that doing things the same way will no longer lead to the same success. Just as the saguaro is both nursed by and supports life in its ecosystem, it behooves supplychains to invest in their ecosystems, both suppliers and employees.
From early on in the Covid-19 pandemic , and for pretty obvious reasons , procurement in healthcare and pharmaceuticals has been in the spotlight like never before. Managing supplier s in a highly volatile economic, societal and environmental situation was especially challenging for the pharma industry.
Technology can have a significant impact on supplychains, but supplychain digitization still lags behind digitization of other areas of business across many industries. Still, there are several technologies that are transforming supplychains for the organizations that adopt them.
I feel that topic of supplychain management is analogous to the downward cycle of the news channels. What Drives SupplyChain Excellence? I analyze supplychain management. The broader the definition of end-to-end strategy and the alignment of supplychain processes drives value.
Optimization of the entire source-to-pay process for nearly all Körber locations worldwide. The close cooperation between supplychain management and internal stakeholders as well as external partners made a major contribution to this. The goal was to increase efficiency across the Group’s Business Areas.
Subscribe to SupplyChain Game Changer. How Cold Chain Differs Between the Food and Pharmaceutical Industries! An increased level of competition characterizes the pharmaceutical market. Today, software development is an effective marketing tool in the pharmaceutical market. Email Address.
trillion industry by 2024 , consisting of not only food, but also cosmetics, pharmaceuticals, modest fashion, media & creation, and Muslim friendly travel. Muslim (majority) countries in Asia (such as Brunei, Indonesia, and Malaysia) and several countries in the Middle East are moving to stage 3: the halal supplychain.
We finished our report on the maturation of hospital supplychains , and I have put the finishing touches on the Healthcare SupplyChain Index for this Thursday’s webinar. New SupplyChain Leader of a Regional Children’s Hospital. “We SupplyChain Leader of a Large Hospital. “We
John Marrow and Joe Lynch discuss the life science supplychain. John is the President at RRD SupplyChain Solutions , a recognized provider of global life science supplychain services with decades of experience in developing and delivering value-add solutions to the life science sector.
While Contract Pharma & BioPharma manufacturers continue to experience an increase in demand for more projects, new challenges are emerging from nearly every angle including new regulatory and quality requirements, workforce shortages and of course, supplychain disruptions.
Today we published a new report, SupplyChains to Admire. Here we share the answers to the questions that we get the most often about this research: What is the source of data? We placed them in the industry that they were the most like, e.g., the primary source of revenue. What is the SupplyChain Index?
As a result, Global SupplyChains have experienced severe “Supply side Shocks” with massive disruptions impinging on all sectors. Supermarkets, food suppliers, pharmaceutical and medical industries were the main beneficiaries. SUPPLYCHAIN DISRUPTION—Respond, Recover and Regrow. Crisis Recovery.
Sean Halligan, Senior Vice President Pharmaceutical Operations, Cardinal Health. In an interview, Sean Halligan, the senior vice president of pharmaceutical operations at Cardinal Health, described how they are thinking about this journey. The pharmaceutical segment alone makes more than 30,000 U.S.
by Brett Marshall – Corporate Head of Quality at Zuellig Pharma. Supplychain has become a topic for mainstream media, local, regional and global disruptions to supplychains spurring focus on agility and resilience. Re-visiting the Career Lattice Concept.
One promising application that is emerging in the SupplyChain and Sustainability space is Digital Product Passports (DPPs). The potential to provide reliable, tamper-resistant data across supplychains is driving interest from various sectors, including pharmaceuticals, electronics, and food production.
What struck me most is the diversity of the industries and the breadth of supplychain maturity represented. And our customers are leading the charge in the transformation of supplychain, which is captured nicely in our tagline of ‘ Know Sooner, Act Faster ’. And we need more women in supplychain.
In business conversations, the term supplychain excellence rolls off the tongue frequently in meetings, but what does it mean? Supplychain excellence is harder to define than to say. We designed the SupplyChains to Admire Methodology to help companies define supplychain excellence.
GEP and the North Carolina State University (NCSU) SupplyChain Resource Cooperative surveyed supplychain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supplychain resilience and optimization.
I have worked for Gartner Group, AMR Research, Altimeter Group and now my own company, SupplyChain Insights. I have now been an industry analyst in the supplychain management space for ten years. This month, I am proud that the SupplyChain Insights team will announce the SupplyChain Index.
What are companies looking for in supplychain network design technologies ? We commissioned SupplyChain Insights to conduct independent research about this topic and discussed the findings in a recent webinar. What is supplychain network design? . What works well, and what are the challenges?
PharmaSupplyChain Mapping for the Government June 12, 2024 Case Study Challenge A federal agency needed a reliable solution to track the origins of pharmaceuticals and ingredients in their supplychain. Capture where ingredients are coming / being sourced from.
. <Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supplychain planning software. Let’s face a hard fact: the supplychain planning market is a mess. I have followed the supplychain planning market for sixteen years as an analyst.
Have you looked at a job listing for a supplychain planner recently? According to Harvard Business Review , “B y collaborating in roles such as supplychain planning and inventory management, the combined power of humans and machines will create new sources of value for businesses.”. Harvard Business Review.
Enchange has been working with many FMCG and Pharmaceuticals multinationals for years on projects to improve their primary supplychains. For the sake of clarity, by “primary supplychain” we mean all processes (e.g. planning, sourcing, manufacturing, etc.) So we held a workshop. Our conclusion?
This includes port data, social media, news, event and weather (SNEW) data, weather data (to some degree), traffic data, and other available sources to provide an accurate ETA to warehouses, stores, and end consumers. This technology is all about a digital ledger(s) as it applies to a chain of custody.
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