How To Build Resilience Without Losing the Benefits of Just-In-Time Inventory
Learn about the exciting journey GEP and HPE undertook, their accomplishments, and the tools and capabilities they employed to manage supply chain disturbances.
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Supply Chains Are Witnessing Their Own Polycrisis. What Can You Do About It?
January 30, 2023 | Supply Chain Strategy
Polycrisis. That’s the latest buzzword to come out of the World Economic Forum (WEF) annual meeting in Davos this year, after first being popularized last year by economic historian Adam Tooze.
The ubiquity of the word this year at Davos denotes the unique combination of shocks that supply chains are currently dealing with: the ongoing COVID-19 pandemic, climate change, the war in Ukraine, widespread inflation and more.
Assessing the Benefits and Risks of Contract Manufacturing
January 30, 2023 | Procurement Strategy
The adoption of contract manufacturing has grown at a rapid pace in the last decade.
Pharma and biotechnology companies, in particular, rely increasingly on contract manufacturing. In these industries, contract manufacturing organizations (CMOs) are now considered an integral part of the supply chain.
A huge increase in the demand for active pharmaceutical ingredients from 2011 to 2017 has contributed to the growth of contract manufacturing in these industries.
The Procurement and Supply Chain Outlook for 2023
2022 might be ending but the challenges for supply chain and procurement are far from finished. The outlook for 2023 is going to be a potent mix of old and new challenges — from rising energy costs and labor shortage to geopolitical tensions and environmental obligations.
Supply chain leaders are expected to be at the forefront to help their organization get through these obstacles while also delivering value.
Where do they start?
Watch this webcast to get a head start.
GEP Outlook 2023 Life Sciences
The disruptions of the past two years have impacted the life sciences industry in unique ways. Moreover, the new year brings in many more challenges, and supply chain and procurement leaders need to be prepared for what is next.
Life science companies can get ahead of the curve with this definitive guide — GEP Outlook 2023 Life Sciences — that dives deep into the trends for biopharmaceutical and medtech companies in 2023 and provides ways to boost opportunities.
Supply Chain Track and Trace
January 06, 2023 | Supply Chain Strategy
Supply chain track and trace is a system used to monitor the flow of goods from the point of origin to the point of destination. This system has revolutionized the way businesses manage their supply chain operations.
From reducing costs to improving customer service, the benefits of supply chain track and trace are undeniable. In this article, we will explore the advantages, challenges, and best practices for using this system to maximize its benefits.
The Four Essential Components of Effective Supply Chain Planning
This LinkedIn Live talks about what makes supply chain planning tricky and what organizations can do to overcome challenges.
How Pharma Companies Can Deal with the New COVID Wave
December 30, 2022 | Supply Chain Strategy
The COVID-19 pandemic is by no means over.
In fact, there is a new wave of infections in China after it disbanded its zero-COVID policy.
While it’s hard to get official data, reports suggest the country is witnessing about a million cases of a new coronavirus variant every 24 hours. There are chaotic scenes at hospitals in several cities and the medical infrastructure has crumbled under pressure.
Strategies to Effectively Manage Supply Chain Risks
December 29, 2022 | Risk Management
Identifying supply chain risks and mitigating their impact are the top priorities for businesses today.
However, this can be a complex and daunting task, especially amid prevailing uncertainty.
In this article, we will discuss supply chain risk management strategies and tools.
Platinum Group Metals: How Long Will the Supply Woes Last?
December 29, 2022 | Supply Chain Strategy
Platinum group metals (PGMs) comprise of platinum, palladium, rhodium, ruthenium, iridium and osmium.
This group of six metals have high thermal and corrosion resistance, high melting point and catalytic properties making them the preferred materials for automotive exhaust emission control devices like catalytic converters.
In fact, majority of the demand for these metals stems from the automotive industry.
