Remove Biotech Remove Procurement Analytics Remove Sourcing Remove Supply Chain
article thumbnail

Life Sciences Q1 2024 Supply Chain Recap

Resilinc

A look back at the top disruptions to life sciences supply chains in Q1 2024, including other key industry news from the quarter. Top disruptions to Life Sciences Supply Chains in Q1 2024 Q1 2024 saw 3850 supply chain disruption alerts in the life sciences industry —a 40% increase year-over-year compared to Q1 of last year.

article thumbnail

What is Supply Chain Management? Importance & Benefits

QAD

Supply chain management (SCM) is essential to any business strategy. Supply chain management is never boring, and there’s always more to learn. What is a Supply Chain? Simply put, a supply chain controls the flow of raw materials and goods. What is Supply Chain Management?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lights out: China’s energy woes hamper supply chains

Resilinc

Reuters reported that several suppliers to Tesla and Apple suspended production for four to six days because of the crisis. Geopolitical conflict with Australia—source of 10% of China’s coal imports—have contributed to the coal shortage. But China is the top concern for supply chain managers. year-on-year in August.

article thumbnail

Spend Analysis: Best Practices

Precoro

Where should you start when you want to create budgets, cut costs, or forecast future spending? After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. The answer is simple: spend analysis.

article thumbnail

Adapting to Manufacturing Disruption: A Strategic Life Sciences Webinar Series

QAD

Pre-commercial life science manufacturers, including medical device manufacturers, biotech companies, and contract manufacturing organizations (CMOs), face infrastructure challenges as they work toward Food and Drug Administration (FDA) approval. Effective Enterprise Management: Real-time analytics across the entire business.

article thumbnail

Biogen Idec designs the innovation supply chain

Supply Chain View from the Field

Joydeep Ganguly from Biogen Ide c spoke in my Supply Chain Relationships class last week, and shared his insights on how Biogen’s supply chain evolved. Supply chain has a big focus on the currency of today’s theories being implemented here. The supply chain is NOT nimble and people struggle.

article thumbnail

Bipartisan Consensus on Chinese Threats: U.S. Must Build New Supply Chains with Allies

Resilinc

While the pandemic has given procurement managers fresh ammunition to advocate for greater resiliency within their corporate supply chains, geopolitical experts and a bipartisan coalition of legislators argue that the U.S. This is alarming.”. From ships to drones. Critical minerals like lithium and nickel. said Marchese.