article thumbnail

Five Factors Transforming the Life Sciences Supply Chain and Creating IT Opportunities | Blog

Everest Group

Supply chain visibility, strategic sourcing, cold chain requirements, sustainability demands, and personalized medicine are creating opportunities in the life sciences supply chain for IT partners delivering digital solutions. Read this first part of our blog series to understand the shift that is underway.

article thumbnail

Supplier Relationship Compatibility

SIG Speaks

The word 'similar' is essential because there might be an exemption for some suppliers that are not fully aligned or integrated with the client regarding goals, strategic objectives, and approaches to the business. Assessing the relationship fit between suppliers and clients is so important.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Advantages of Overseas Manufacturing

SourcX

Even though workers are paid less than they would be in a developed country, proponents of low cost country sourcing argue that manufacturing overseas brings opportunities to workers that most need them. Some of these industries include automobile manufacturing, pharmaceuticals manufacturing, and textiles.

article thumbnail

The Hackett Group Announces Third Quarter 2021 Results

The Hackett Group

The event featured more than 60 speakers, including senior executives from ABB, Albemarle Corporation, Aon plc, Bayer, BHP, bp, Boston Scientific, Engie, HP, Johnson & Johnson, The Lubrizol Corporation, and Takeda Pharmaceuticals International GmbH.

article thumbnail

The Benefits of Localized Supply Chain

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Sourcing Supply Chain Management. Local sourcing means that your raw materials come from other local businesses, which keeps the economy in good shape. Download Free Copy. The Benefits of Localized Supply Chain.

article thumbnail

Life Sciences Supply Chain Visibility: A Strong Link in the Chain | Blog

Everest Group

Improved supply chain visibility can help global pharmaceutical and medical device suppliers overcome the many logistics challenges they face post-pandemic. The pharmaceutical industry experienced its largest theft in 2020 when $1.2 In the second largest theft that year, $600,000 in pharmaceuticals were taken from a distributor.