The best procurement teams focus on more than price alone when making purchasing decisions—because some things are more important than discounts. In this episode of The Agile Supply Chain Podcast, Nico Bac, a P&G veteran and the founder of consulting firm Digital Procurement Now, and Pierre Mitchell, Chief Research Officer and Managing Director of Azul Partners, discuss the latest thinking on strategic sourcing and procurement and supply chain information management. Key Takeaways The best suppliers want to work with pharma companies who embrace digital tools and techniques that can ..read more

Greater collaboration between pharma companies and their end-to-end supply chain partners can lead to improved patient outcomes, greater resiliency, as well as significant business opportunities. In this episode of The Agile Supply Chain Podcast, Greg Cathcart, founder and CEO of Excellis Health Solutions, explains that if we collaborate better, “we can do better.” Key Takeaways Insurance companies are increasingly requesting supply chain and dispenser-level business improvements designed to ensure the safety and authenticity of medicines given to their insured patients. The “walls” that ..read more

What could your supply chain team accomplish through tighter collaboration with your company’s finance team? In this episode of The Agile Supply Chain Podcast, Bob Belshaw, Director of Business Development at Falcon Group, explains how this type of tight-knit collaboration can lead to benefits like greater supply chain responsiveness to changes in demand; more cost-effective and strategic inventory decisions; and greater agility when disruptions arise. Key Takeaways If your view of the finance department’s function and capabilities is too rigid, you may be limiting options that can ..read more

Pharma companies are increasingly taking an end-to-end view of the supply chain so they can ultimately deliver the right patient outcomes. Data is a critical component that enables you to achieve this goal by enabling you to manage the product on its journey to the patient, according to Timur Kabadayı, Managing Director of Conval Group, an information technology consulting firm that specializes in the life sciences industry. In this episode of The Agile Supply Chain Podcast, Kabadayı explains how the right approach to data management can help pharma companies and supply chain teams improve pro ..read more

It takes more than enterprise resource planning systems and buzzword-friendly technologies like “artificial intelligence” and “machine learning” to create an agile supply chain, according to Klaus Imping, CEO of mSE Solutions, a global management consulting firm. While these enabling layers are important, you also need to focus on how to change processes and integrate roles and responsibilities into a faster-reacting model. In this episode of The Agile Supply Chain Podcast, Imping shares practical advice on how to achieve greater agility and outside-in patient-centricity in your supply ch ..read more

The best decision makers often seek to limit their own options for dealing with problematic situations that arise—and this same technique can go a long way toward helping you ensure greater supply chain agility and responsiveness, according to Harshad Kanvinde, Global Supply Chain Practice Leader at Slalom. In this episode of The Agile Supply Chain Podcast, Kanvinde shares several best practices designed to help you boost supply chain agility across your organization. He also shares his thoughts on the implications of The Agile Supply Chain Credo. Key Takeaways Supply chain agility ..read more

Your supply chain organization can purchase the most cutting-edge tools and technologies, but if it fails to create a competency framework that also includes people, processes, data, and change management, those investments will likely prove ineffective, according to HFS Research's Phil Fersht and Saurabh Gupta. In this episode of The Agile Supply Chain Podcast, Gupta and Fersht discuss the implications of The Agile Supply Chain Credo and explain what their extensive research tells us about how to carry out a successful supply chain transformation. Key Takeaways One of the key principles of T ..read more

What can the clinical trials supply chain teach us about getting products to patients on time and in full (OTIF)? A great deal, according to David Northrup, Head of Supply Chain at Theravance Biopharma. In this episode of The Agile Supply Chain Podcast, Northrup shares the important supply chain lessons he learned while working in the clinical trials supply chain, as well as some sage advice on how to increase patient-centricity and improve OTIF in your organization. Key Takeaways The clinical trials supply chain has always been highly focused on the patient; therefore, it can serve as a mode ..read more

IDC’s Bob Parker and Simon Ellis share groundbreaking research on how ongoing supply chain disruptions caused by COVID-19 are impacting the pharmaceutical industry. They also offer expert tips on how to adopt a holistic view of the end-to-end supply chain, achieve greater agility, and boost supply chain resiliency. Key Takeaways Gaining end-to-end supply chain visibility alone is not enough. You also need the ability to rapidly intervene and adapt to new conditions when supply chain disruptions are spotted. Pharma supply chain companies should consider creating a decision environment that ser ..read more

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