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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.
Supplychains are entering the era of legal volatility sharkins Wed, 06/11/2025 - 11:22 The conventional assumption that tariffs are geopolitical risks is becoming outdated. The resulting strategic question for companies is: How do we build resilient supplychains when even the rule-makers are unstable?
Supplychains, which facilitate the movement of products from manufacturers to consumers, have historically encountered issues such as inefficiency, fraud, and a lack of transparency. This will enable diamond jewelry consumers at scale to engage with the unique journeys their diamonds have taken from source.
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Medical and pharmaceuticalmanufacturers have faced increasing logistical challenges over the past two years. Amid significant regulatory and compliance changes around the world, they've had to contend with massive supplychain disruptions caused by the pandemic.
Due to more complex supplychains, policy makers worldwide are enforcing stricter regulations for manufacturing and logistics. Within a decade, the number of FDA warning letters sent to medical device manufacturers has increased threefold, from 61 letters in 2002 to 181 in 2012 (EC A 2012).
As supplychains adapt to rising complexity, automation has moved from an optional investment to a core operational strategy. These systems are increasingly used to improve internal logistics, address labor challenges, and support responsive, data-driven operations.
The Covid-19 pandemic severely exacerbated the shock to the Global economy.Global and Regional Trade and related Supplychains experienced unprecedented disruptions. The pandemic exposed major supplychain vulnerabilities affecting the Manufacturing, Industrial Logistics , Commercial sectors as well as Food Security challenges.
What we do at Enchange SupplyChain & RtM Consultancy 💹 Deliver sales growth for our clients 🌏 Work globally, with our local experts 🎓 We are Route to Market & SupplyChain experts At Enchange our passion is helping companies improve their route to market and supplychain so they can sell more, at a higher margin and lower cost.
Note: This is part of an ongoing series on the top ten trends affecting the pharmaceuticalsupplychain. Number 3: Optimized Execution in Operations, Logistics, and Distributions. This can result in supplychain efficiencies across the entire supply network. Number 4: Counterfeiting.
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If you’re a pharmaceutical company, you fear the hit to your business, both headlines and bottom line. Makers of weight loss drugs are looking out a big picture window of patented opportunity right now, but this rosy view is blocked by supplychain challenges. What role can supplychain play in preventing stockouts?
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Vaccinating the SupplyChain with Andrew Kelley. Andrew Kelley and Joe Lynch discuss vaccinating the supplychain. Andrew is the Chief Commercial Officer at BoxLock , a company that facilitates secure vaccine transfer for biotechs, manufacturers, labs, hospitals, and clinics. About Andrew Kelley.
Subscribe Circular Economy in Chemicals: Collaborative SupplyChain Solutions! You might think it’s magic, but it’s actually the hard work of chemical import and export companies working behind the scenes to keep global supplychains ticking. Or how your favorite soda gets that perfect fizz?
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And now on to this week’s logistics news. Varda Space Industries secures $42m for off-planet manufacturing. As a result, Ford is revamping its supplychain operations to focus on “built-to-order” vehicles. She also became the first US player to score a goal in four different Olympics.
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Although using blockchain in supplychain and logistics is an exciting prospect, the technology lacks the maturity necessary to enable global deployment today. Such limitation can be discouraging, but it serves as a beacon of hope for a better future in supplychain management. GET YOUR COPY HERE.
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Josh Allen and Joe Lynch discuss Tive’s validated, real-time visibility for pharma. Josh is CRO at Tive , a leading provider of real-time supplychain visibility insights that help logistics professionals actively manage their in-transit shipments’ location and condition. About Josh Allen . About Tive.
Transporting pharmaceuticals is arguably more important than manufacturing them, because it enables these lifesaving medications to make it to where they are needed most. Guarding Against Cargo Theft Cargo theft is one of the largest risks associated with pharmaceuticalmanufacture and transport. Download White Paper.
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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.
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Factories for most commodities (other than essential commodities, pharma, medicinal and medical devices, food and groceries) were shutdown globally. China fully shutdown its manufacturing output during this phase affecting consumers globally. Huge demand supply issues breaking the ever-so-fragile supplychain globally.
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manufacturers have spent the last few decades consolidating production at gigantic offshore plants, especially in China. But for many, rising tensions between trading partners, coupled with higher labor and logistics expense, have made that strategy untenable. Enter the concept of the “microfactory.”
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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%
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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. We have heard that there is a focus on near-shoring, reshoring, and local manufacturing.
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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 three steps in realizing the vision are 1) flexible, reconfigurable plant; 2) global manufacturing networks of flexible, configurable plants; 3) the integration of the previous step with digital, certified, encrypted product definitions. flexible manufacturing in fast-moving products. both in the process and discrete industries.
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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.
It would be tempting to think of reverse logistics as forward logistics done backwards. Reverse logistic isn’t simply a reverse gear. Reverse logistics can also have a dramatic effect on steering a company’s fortunes. Reverse logistics is therefore worth doing, and worth doing properly.
Still, it can be just as disruptive to supplychain performance. Preventive maintenance derails, compliance filings are missed, and work orders begin piling up. Vehicles are sidelined, drivers grow frustrated, and delivery times slip. What Happens When Fleet Leadership Is Unstable Losing a fleet manager isn’t just an HR issue.
And now on to this week’s logistics news. Scope 1 is linked to operations; Scope 2 is tied to the fuels it buys from others, and Scope 3 is associated with the supplychain. Logistics startup Zipline has flown more than 38 million miles with its autonomous electric delivery drones since the company was founded in 2014.
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