Remove Inventory Remove Pharmaceutical Remove Procurement Remove Strategy
article thumbnail

State of the Pharmaceutical Supply Chain: Key Takeaways from LogiPharma US 2016

Kinaxis

Earlier this week, I attended the LogiPharma conference, a wonderful event for supply chain professionals working in the pharmaceutical industry. All-in-all, it was a great validation of my point of view about where the pharma industry is with regards to its supply chain challenges, maturity and where it needs to go.

article thumbnail

Pushing the Supply Chain Reset Button

Supply Chain Shaman

The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. The impact varies by supply chain sector and value chain. Instead, supply chain leaders need to focus on the minimization of waste, and the alignment of signals.

Insiders

Sign Up for our Newsletter

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

article thumbnail

16 Cost Reduction Strategies in Inventory Management

Unleashed

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

article thumbnail

Pushing the Supply Chain Reset Button

The Logistics & Supply Chain Management Society

Pushing the Supply Chain Reset Button by Lora Cecere , Founder, Supply Chain Insights Supply Chain Leaders Can’t Afford to Guess About the Future The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics.

article thumbnail

The Greenest Mile: Planning’s Role in Supply Chain Sustainability

Logistics Viewpoints

Supply chain sustainability is a higher priority than ever. In MIT’s State of Supply Chain 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 supply chain sustainability.

article thumbnail

What is Supply Chain Management? Importance & Benefits

QAD

Supply chain management (SCM) is essential to any business strategy. Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. Supply chain management is never boring, and there’s always more to learn. What is a Supply Chain?

article thumbnail

3 Reasons Why the Pharma Supply Chain is Ripe for Digital Transformation

Aera Technology

3 Reasons Why the Pharma Supply Chain is Ripe for Digital Transformation Digital transformation is a harbinger of active and integral business growth By Kaushal Dave The global pharmaceutical market has long passed the $1 trillion mark and is projected to grow at 6.3 Many pharmaceutical companies?—?often