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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.
DHL to acquire 100% of CRYOPDP, a leading specialty courier providing logistics services for clinical trials, biopharma, and cell & gene therapies. This acquisition enhances DHL’s capabilities in specialty pharmalogistics and supports Group’s 2030 strategy to become a leader in life science and healthcare logistics.
Cold ChainLogistics for Food, Pharma & Retail The April edition of LogiSYM magazine highlights the critical role of cold chainlogistics in maintaining efficiency, compliance, and resilience across the food, pharmaceutical, and retail sectors. Download the latest LogiSYM SupplyChain Magazine now!
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.
Medical and pharmaceutical manufacturers 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.
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.
As researchers around the world race to develop a safe and effective COVID-19 vaccine, pharma companies also face another daunting challenge: how to distribute hundreds of millions of highly sensitive vaccine doses, quickly and accurately, across the country and the world.
While not a comprehensive free trade agreement, the deal introduces select changes that will affect transatlantic supplychains, particularly in automotive, metals, agriculture, and pharmaceuticals. Policy Uncertainty : Key sectors, including pharmaceuticals and digital services, are still under negotiation.
The global manufacturing and distribution of pharmaceuticals and the regulatory requirements of countries have always made pharmaceuticalsupplychains a challenge. Read more Five Technological Advances that Will Transform PharmaceuticalSupplyChain Visibility.
Joel Wayment and Joe Lynch discuss the biopharma supplychain. Joel is the Vice President of Operations at Cardinal Health Third Party Logistics, a leader in healthcare logistics for over four decades and a 3PL pioneer since 1995, streamlines pharmaceutical delivery, mitigating risk and fostering seamless patient journeys.
In todays hyperconnected supplychain environment, the Internet of Things (IoT) is the operational backbone for visibility, optimization, and automation. Why Logistics Demands Hybrid Connectivity Logistics environments are inherently heterogeneous. Core Components of a Hybrid IoT Network in Logistics 1.
One in the pharmaceuticals industry and another in consumer hi-tech products. These are numbers that aren’t unusual anymore – both high-tech consumer products and pharma are seeing major changes to different product categories. Subscribe to our SupplyChain Digest to get notified when it’s live.
Mike Baudendistel and Joe Lynch discuss the CPG supplychain. Mike is the Head of Intermodal Solutions at SONAR, the leading freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector.
The post 3 New Innovations Set to Enhance the Cold Chain, Reduce Health Risks, and Cut PharmaceuticalSupplyChain Costs appeared first on The Network Effect.
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. More than 150 supplychain startups have been acquired in the last two years.
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.
A few years ago, I interviewed Tony Martins, former VP Strategic Services at Halo Pharmaceutical. Read more Making a Difference: SupplyChains for a Better Tomorrow. Read more Making a Difference: SupplyChains for a Better Tomorrow.
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?
In supplychain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. Ipsen, a global bio-pharmaceutical company , disproves that. appeared first on Logistics Viewpoints. The post Does Perfect Customer Service Make Sense?
For businesses, DPPs are becoming essential to comply with best practice guidance as well as coming statutory regulations that demand transparency in supplychains. Blockchain can also build trust in the supplychain, as all channel stakeholders can verify the same data.
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.
Vaccinating the SupplyChain with Andrew Kelley. Andrew Kelley and Joe Lynch discuss vaccinating the supplychain. Andrew is an experienced technology executive and entrepreneur with over 20 years of experience in supplychain, logistics, SaaS, software, and technology-enabled services businesses.
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.
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.
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.
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.
That’s the question that continues to bedevil the global supplychain industry. As I detailed in a recent column , the answer to constant supplychain volatility is pervasive real-time visibility into the precise location, temperature or status of a shipment — at any point along the journey. Where’s my shipment? .
According to one survey , only 27% of leaders believe that they have the talent needed to meet current supplychain performance requirements. What should supplychain leaders be looking for to close the talent gap? AGCO Logistics Team Accepts Prestigious SupplyChain Award.
And now on to this week’s logistics news. As Steve Banker wrote about in last week’s news roundup, the worldwide shortage of semiconductors is expected to last through the first quarter of 2023 at a minimum according to the electronics supplychain analysis firm Supplyframe.
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.
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. Coronavirus, and the supplychain impact are being felt worldwide. Yesterday I read a blog from Logistyx […].
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. Ready to Transform Your Freight Operations?
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.
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.
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.
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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Urgent – The Ukraine Logistics Coalition with Ben Gordon. People who work in logistics and supplychain are in a unique position to help the people of the Ukraine. He draws on a career building, advising, and investing in supplychain companies. About Logistics Coalition. About Ben Gordon.
Nourhan Beyrouti and Joe Lynch discuss building a global logistics juggernaut. Nourhan is Global Chief Revenue Officer at AJEX Logistics Services , Saudi Arabia’s fastest growing transportation company. As the first management hire, he was instrumental in guiding the company toward its acquisition by UPS in May of 2022.
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.
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. Fulfillment and Logistics execution. Tactical and execution enablers: Phase III.
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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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