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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.
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).
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.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
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.
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. They would be handling maybe twice as many ships in a typical set of days. The theme here?
In todays hyperconnected supplychain environment, the Internet of Things (IoT) is the operational backbone for visibility, optimization, and automation. Consider these real-world scenarios: A sensor on a shipping container crossing the ocean may require satellite communication until it enters port Wi-Fi coverage.
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.
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.
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.
The Covid-19 pandemic severely exacerbated the shock to the Global economy.Global and Regional Trade and related Supplychains experienced unprecedented disruptions. International Airports and Ports almost came to a standstill as the worlds international airline fleets were grounded and maritime shipping disrupted and stalled.
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.
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.
When companies want to digitally transform their supplychain capabilities, moving to an integrated business planning process (IBP) is often at the heart of the transformation. GEON Embarks on a Digital Transformation GEON Performance Solutions is embarking on a supplychain transformation. GEON is owned by SK Capital.
From early on in the Covid-19 pandemic , and for pretty obvious reasons , procurement in healthcare and pharmaceuticals has been in the spotlight like never before. Managing supplier s in a highly volatile economic, societal and environmental situation was especially challenging for the pharma industry.
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.
Transporting pharmaceuticals is arguably more important than manufacturing them, because it enables these lifesaving medications to make it to where they are needed most. Shipping these products requires an extra level of care to ensure the products make it to their destination. Adhering to these rules can help reduce risks.
Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supplychain during COVID. The company bought a risk solution that provides real-time alerts to potential supply disruptions. We knew exactly what we couldn’t get.”
Sean Halligan, Senior Vice President Pharmaceutical Operations, Cardinal Health. In an interview, Sean Halligan, the senior vice president of pharmaceutical operations at Cardinal Health, described how they are thinking about this journey. The pharmaceutical segment alone makes more than 30,000 U.S.
Another shipping crisis strikes, threatens Black Friday shopping. Volansi completes first-ever autonomous ship-to-ship drone delivery. As a result, Ford is revamping its supplychain operations to focus on “built-to-order” vehicles. And now on to this week’s logistics news.
Please enjoy Part 2 of our two-part webinar series focusing on high-value and controlled substances supplychains. This webinar will cover the pharmasupplychain. We will delve into understanding the supplychains for any goods or substances that are high-risk and high-security. Shipping Technology.
Can You Prevent SupplyChain Disruptions in Life Sciences? Supplychain disruptions in the life sciences industry can have serious consequences. While its impossible to eliminate all risks, companies and the industry at large can take proactive steps to minimize disruptions and improve supplychain resilience.
” 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 reason?
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
EPA final rules on pharmaceutical returns impose heavy burdens on healthcare providers and distributors. In the 1980s and 1990s, EPA’s position in policy memoranda was that pharmaceuticals in the reverse distribution chain were “not considered wastes until a determination has been made to discard them.”
AIMMS featured in IT Subway Map of European SupplyChain Software Providers : We’re proud to report that we’ve been featured in 5 different subway lines, or software categories, in this year’s IT Subway Map of European SC Software Providers. Browse the map and you’ll find yourself in our stop!
Krenar is the CEO and founder of Tive , a leading provider of real-time supplychain visibility insights that help logistics professionals actively manage their in-transit shipments’ location and condition. Most recently, Krenar founded the Global SupplyChain Visibility company Tive and serves in the CEO role.
by Brett Marshall – Corporate Head of Quality at Zuellig Pharma. Supplychain has become a topic for mainstream media, local, regional and global disruptions to supplychains spurring focus on agility and resilience. Re-visiting the Career Lattice Concept. About the Author.
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.
We have tackled the question of automation before, but his time I want to focus specifically on what automation will mean to the job of the supplychain planner. And I see several patterns emerging on the changing role of the supplychain planner. They stock 500,000 products and ship almost 45,000 parcels daily.
When we speak to supplychain leaders about innovations in their supplychain, it’s not always about drones, self-driving trucks, or automated warehouses. We are seeing that businesses who invest in innovation and view supplychain as a competitive lever drive the most impact to their bottom line.
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.
Supplychain optimization might be a timeless concept, but the way we define and achieve it evolves over time depending on demand levels, supply shortages, the competitive landscape, geopolitical conditions, technology innovations, regulations and other challenges. Did we mention inflation and rising cost pressures?
In the United States, there are a lot of billion dollar industries , led by hospitals, pharmaceuticals, commercial banking, life insurance, and petroleum wholesaling to name a few. Conduct audits of the supplychain and look for gaps in shipment protection.
Pharmashipping leaders have been leading the way to improve the distribution rates for the COVID-19 vaccines. The best practices for shipping have always utilized current technology and innovation. As the demand for vaccine supplies continues to grow, shipping innovations are needed more than ever.
Pharmashipping leaders have been leading the way to improve the distribution rates for the COVID-19 vaccines. The best practices for shipping have always utilized current technology and innovation. As the demand for vaccine supplies continues to grow, shipping innovations are needed more than ever.
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. Download White Paper.
Shipping a consignment, no matter what is being shipped, always has an element of risk. If your shipment contains pharmaceutical goods, the risk is increased as pharma shipments are more prone to damage, theft, or tampering in transit and pharma track and trace systems are not helping either.
AJEX customers gain the following advantages: Comprehensive Services: AJEX provides express shipping, freight forwarding, pharma, and cold chain solutions. Their goal is to simplify logistics for clients and partners, ensuring efficient package delivery and seamless supplychains.
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.
Subscribe to SupplyChain Game Changer. Food Waste and World Hunger – The Food SupplyChain is Broken! The cold chain is a temperature-controlled supplychain that includes continuous refrigeration of the product from production to transportation, handling, storage, and delivery. Subscribe Here!
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. That was when I really knew we truly had a ‘worry-free’ supplychain.”
Pharmaceutical manufacturers and their supply, contract packaging and distribution partners are under constant pressure to comply with government requirements while maintaining high standards for patient safety, product quality and innovation. What is the Drug SupplyChain Security Act (DSCSA)? consumers.”.
The list includes our best supplychain analytics blogs and news items, our latest webinars and most recent case studies. SupplyChain Network Optimization Technology is ripe for disruption : Network optimization software has become a big business that’s experienced exponential growth.
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