BIOTECH & LIFE SCIENCES
The life sciences industry experiences increased competition and margin pressures, changing innovation trends and regulations, and more geographically dispersed and complex supply chains.
Supply chain performance management must enable life sciences companies to ensure infrastructure and operations are aligned and scalable to support business strategies; to set up a stable supply chain cost structure supporting product development and enhancing long-term competitiveness; and to ensure the supply chain is designed to mitigate risk and offer a continuous high level of quality and customer service.
New Operating Model
To change transactional processes and capabilities from an in-sourced and localized to out-sourced and globalized operating model including strategic alliances between Pharmaceutical and Biotechnology companies allowing cost reduction in sourcing, manufacturing and distribution and increase of corporate revenue and profitability.
Safety and Security Control
To develop, implement, and enforce thorough policies, processes, and procedures across the extended supply chain Service Level Agreements enabling to enforce quality control and mitigate risks around safety and security.
Supply Chain Traceability
To Introduce or enforce Collaborative Data Management and e-technology across the extended supply chain in order to support commercial-scale production and distribution environment and prevent from counterfeit and growing illicit drug markets enhancing supply chain visibility, traceability and therefore responsiveness.
A strong, structured and monitored relationship with your third party logistics is essential to the success of your logistics overall performance and thus your customer satisfaction. What are the key points a Service Level Agreement must address to strengthen your Supply Chain Activities?
Download our Case Study about an Eye Care Product Manufacturer to find an answer.