This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In the fast-evolving pharmaceutical industry, Vertex Pharmaceuticals stands out not only for its scientific breakthroughs but also for its human-centric approach to digital transformation. The digitization of supplychain operations has become a competitive advantage for Vertex.
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.
Kearney research shows that the more companies invest, the bigger the average ROI Investments in supplychain firms and technologies represent 15-20% of total venture capital investments, according to a recent report by the management consulting firm Kearney. billion in 2024.
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.
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.
A warehouse is not a warehouse and a supplychain is not a supplychain. One of these options is voice-directed warehousing. Voice-directed warehousing, where a warehouse worker is directed to perform tasks based on voice automation using a headset, is now over twenty years old.
If you want to know ahead of time the changes awaiting the pharmaceuticalssupplychain it is useful to extrapolate experiences from the consumer and retail sectors, which were dealing with the same trends and pressures long before pharmaceuticals (for example, the proliferation of distribution channels).
Today is the first in a series of posts that explores what are in my opinion the ten most significant trends that are transforming the pharmaceuticalsupplychain. The market for Over-the-Counter (OTC) medicines is now forecast to outgrow the total current pharmaceutical market. pharmaceuticalsupply network.
Jim Saponaro and Joe Lynch discuss the life sciences and healthcare supplychain. Jim is the President, Life Sciences & Healthcare DHL SupplyChain North America. About Jim Saponaro Jim Saponaro is the President, Life Sciences & Healthcare DHL SupplyChain North America. ft in warehousing space.
Barry Conlon and Joe Lynch discuss supplychain risk management, which is exactly what Barry and his team at Overhaul provide to Fortune 100 companies across the world. Barry is a dedicated supplychain security professional with more than 30 years of experience within that discipline.
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. My job, as the plant engineering manager, was to drive innovation and implement technology improvement.
SSI SCHAEFER On Track to Open Singapore’s Largest Fully Automated Cold Storage at Tee Yih Jia Food Hub in Q1 2022. Spanning more than 100,000 pallet positions of frozen storage racks, TYJ’s food factory and warehouse storage facility sits on a land area of 40,000 m². Solve warehouse challenges with SSI SCHAEFER technology.
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.
Much has been written about what it takes to run a successful supplychain in the era of “get it to me fast and get it to me cheap.” Supplychain professionals are looking for ways to store goods closer to customers by investing in micro fulfillment centers and to optimize their facilities so orders can be processed faster.
In early April I attended the LogiPharma Europe 2018 conference in Montreux, Switzerland, an event that attracted more than 800 attendees, including practitioners and executives from pharma and medical device industries, along with software vendors and many service providers. Patient-centric networks are reshaping pharmasupplychains.
Alex is the Director of Sales, Life Science and Pharma Europe at Tive , the leading provider of real-time supplychain visibility insights that help logistics professionals actively manage their in-transit shipments’ location and condition. Clinical pharmaceuticals. Medical cold chain. About Alex Guillen.
Pharmacies typically have a vast supplychain network. Pharmaceutical Inventory software is valuable for pharmaceuticals. In this article, we will discuss what makes inventory management software an essential tool for pharmaceutical businesses. What is pharmacy inventory management software?
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. Self-distribution is an increasingly popular option for healthcare systems to consider when deciding how to manage their supplychain.
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.
The global supplychain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. The impact varies by supplychain sector and value chain. Instead, supplychain leaders need to focus on the minimization of waste, and the alignment of signals.
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.
Home October 23, 2024 The Future of Pharmaceutical Logistics and Online Pharmacies Mary Hart , Senior Content Marketing Manager In recent years, there has been constant change in how goods are moved and delivered, but few changes have been as impactful as the surge in e-commerce. This trend is evident in the pharmaceutical world as well.
Have you looked at a job listing for a supplychain planner recently? Today more companies are ‘outsourcing’ tasks to technology. Although it appears likely that automation will replace some tasks and roles, the ones that remain will be far more desirable. SupplyChain Planning: An Ideal Match for AI.
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.
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.
Today’s supplychain and logistics management executives are tasked with managing multiple supplychain configurations, maximizing flexibility and incorporating complex technology systems into the mix. Today, RFID is building a new era for process automation and supplychain transparency.
Rik Schrader and Joe Lynch discuss logistics and distribution transportation, which is one of the specialties of Rik’s company, Körber Business Area SupplyChain. About the Körber Business Area SupplyChainSupplychains are growing more complex by the day. Conquer supplychain complexity – with Körber.
Supplychain conferences are an excellent way to connect with industry professionals, learn about new technologies, and refine your operation through the experience of others. WHITE PAPER] The Top SupplyChain Trends that Will Impact SupplyChain Management in 2018. GET YOUR COPY HERE.
Reshoring to the US and Europe Accelerating, Now Also Serving CO2 Emission Reduction Objectives by Luc Kremers , Vice President – Asia Pacific, BCI Global Reshoring is accelerating as American and European companies want to de-risk their supplychains from geopolitical developments and supplychain disruptions.
When we speak to supplychain leaders about innovations in their supplychain, it’s not always about drones, self-driving trucks, or automatedwarehouses. We are seeing that businesses who invest in innovation and view supplychain as a competitive lever drive the most impact to their bottom line.
If you ask companies if they would like better inventory and global supplychain visibility, you will get an overwhelming answer of, “Yes!” The term supplychain visibility varies by role. The term supplychain visibility varies by role. ” The answer is simple. They don’t.
It’s is one of the best conferences in the supplychain and logistics industry to learn and network. Below are the sessions that I am participating in focused on social networking, transportation management systems, and “mega” supplychain trends. A Pulse on Social Networking for SupplyChain Management.
billion in 2020, the cold chain market is expected to reach more than $628 billion in 2028, nearly tripling its growth in less than ten years, according to a market analysis report by Grand View Research. As more and more consumers rely on the cold chain market for their perishable goods, the potential for waste increases.
” The storyline starts with a supplychain story of a shortage–semiconductors, rental cars, plastics–and ends with an easy answer. Nothing about the current state of the supplychain is easy. Supplychain leaders have the ability to drive change like never before. And, voila!
” The next call was with a technology provider. In 2004, with the evolution of demand sensing applications, the tactical and operational forecasts were both modeled using optimization, but the lack of synchronization of the two forecasts limited the technology adoption. Technology modeling capabilities are changing.
When evaluating the 3PL provider in charge of your pharmaceutical distribution warehouse, safety is the name of the game. In this article, we’ve listed several specific questions that you should ask your current or prospective 3PL provider to make sure that your pharmaceutical products are in good hands. tires or coffee).
by Alexa Cheater Half of organizations playing in the healthcare and life sciences space are feeling the pain of managing overall supplychain costs. At least according to the eighth annual UPS Pain in the Chain Survey. The technology, well that’s really the linchpin holding everything together. A whopping 60%.
When most people think of supplychain risk, they often think about the impact of major unforeseen “headline grabbing” events - like the tsunami in Japan impacting automotive supplychains or horse meat making its way into British beef supplies. However because of (our software) operating so autonomously ….,
This was WBR’s first event in the United States targeted for the Medical Device SupplyChain Leader. Today, managing a medical device supplychain is tougher. This is why I think that the industry needs to get serious about supplychain management. This value chain needs a supplychain leader.
Subscribe to SupplyChain Game Changer. Digital SupplyChain Overview! Digital SupplyChain evolve article and permission to publish here provided by Megan R. People often position the digital supplychain as essential for helping today’s businesses succeed. Email Address.
People who work in logistics and supplychain are in a unique position to help the people of the Ukraine. To assist the people of the Ukraine in their time of greatest need, The Ukraine Logistics Coalition was formed by Ben Gordon and leaders from some of the top logistics and supplychain companies in the world.
The topic, Application of NFTs in SupplyChain Management, is buzzing in the supplychain & logistics space. Not only will the NFTs move the supplychain from unnecessary paper trails to an electronic platform, but they will also reduce all the bottlenecks experienced in the pipeline. Data Sharing. .
As I mentioned in an earlier post on the growth drivers for the Transportation Management Systems market , transportation visibility tools are one of a number of technologies that are improving performance and helping to reduce freight spend. Real-time visibility tools are often thought of as an over-the-road technology.
Trends Transforming Logistics and SupplyChains In the MENA Region in 2023. by Dr Shereen Nassar , Global Director of Logistics Studies and Director of MSc Logistics and SupplyChain Management Suite at Heriot-Watt University Dubai. Technology and automation are major enablers towards this.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content