Industries > Pharmaceutical/Biotech | SupplyChainBrain

Pharmaceutical/Biotech: Page 110

McKesson's Canadian Footprint Grows With Takeover of Rexall Health

McKesson Corp., an international healthcare services and information technology company, is strengthening its position in Canada's pharmaceutical supply chain with the acquisition of Rexall Health for US$2.2bn.

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The CSCO's View of Strategic Sourcing and Segmentation

Analyst Insight: Today's chief supply chain officer (CSCO) is beset by pressures on all fronts, struggling to understand and meet customer demands for cheaper, faster and efficient logistic processes from source to final delivery. Under omnichannel competitive pressures, web and mobile orders tendered by 2 p.m. must be fulfilled and shipped in the same. These growing B2C fulfill-to-deliver flows add shipping and labor costs and, if not optimized, impact margins and profitability. This constitutes a call to action! - Bob Heaney, Research Director and Principal Analyst, Aberdeen Group

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Innovating to Meet Needs of Retiring Baby Boomers

Analyst Insight: The highly competitive pharmaceutical industry is innovating rapidly to meet the changing needs of an aging U.S. population. More than 10,000 baby boomers are turning 65 every day, a pattern that will continue for at least 14 years and equating to over 50 million by the year 2029. As such, how and where consumers obtain and receive pharmaceuticals will change, and logistics will be a driving force behind these movements. -- Kim McQuilken, Chief Operating Officer, Spend Management Experts

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Maximizing A Shrinking Margin In 2016?

Analyst Insight: In 2015, I predicted that the healthcare industry was finally sharpening its focus on profitability and efficiency. While I was writing this Walgreens moved on Rite-Aid and further consolidated the retail pharmacy market, but more importantly strengthened their negotiating leverage on price breaks. If the cost of the supply chain from sourcing to production to distribution was not a priority, it just became critical to profit margins and customer service. - Brian Hudock, Partner, Tompkins International

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Omnichannel Is Not Just for Retailers

Analyst Insight: Global, web, mobile, catalogs and trunk shows are only a few of the channels by which we sell and buy today. Retailers are investing billions of dollars to upgrade their tech infrastructure as well as their fulfillment processes to respond to customers as well as threatening and clever competitors’ moves. But omnichannel is not just for retailers. - Ann Grackin, CEO, ChainLink Research

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Selecting the Right Automation for Your Life Sciences Business

Analyst Insight: Labor costs are rising just as the availability of workers is shrinking and turnover is increasing. According to the Census Bureau, 60 million Baby Boomers will exit the workforce by 2025, but only 40 million new workers will enter. Companies must rethink how they bridge that gap and keep costs in-line. Many life sciences companies are reaching a scale where investments in automation help replace manual, labor-intensive operations. But companies must be careful in evaluating automation investments. - Roger Counihan, Life Sciences Industry Leader, Fortna Inc.

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Pharma's Race to Compliance Now ... Then to ROI, Eventually

Analyst Insight: Over the next few years, numerous new regulations are coming into effect worldwide, requiring pharmaceutical manufacturers, distributors, dispensers and others up and down the chain to build serialization, verification, and traceability into their supply chains. While there is tremendous potential ROI and added value from these investments, right now all the focus is on the race to comply before the deadlines hit. Those who get there first will likely have a head start in finding additional value from these newfound capabilities. - Bill McBeath, Chief Research Officer, ChainLink Research

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Manufacturing, Healthcare to Drive Global Spending on Robotics to $135Bn in 2019, Study Says

In the latest Worldwide Commercial Robotics Spending Guide, International Data Corp. forecasts global spending on robotics and related services to grow at a compound annual growth rate of 17 percent from more than $71bn in 2015 to $135.4bn in 2019. The guide measures purchases of robotic systems, system hardware, software, robotics-related services, and after-market robotics hardware on a regional level across 13 key industries and 52 use cases.

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Commercial Supply Chains Driving Advances in Humanitarian Relief

Analyst Insight: Logistics accounts for the bulk of humanitarian relief expenditures. Application of technologies and frameworks used in commercial supply chain activities can reduce costs, increase velocity and save lives during crisis. - Kathy Fulton, Executive Director, American Logistics Aid Network

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Amgen Transforms Its Supply-Chain Planning

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Internal Silos Stymie Collaboration With Outside Partners, Majority of Supply Chain Execs Say

Sixty percent of supply chain managers say their organization is too focused on internal, tactical concerns to be able to collaborate effectively with external partners, at a time when globalization is forcing companies to view and use their supply chain more effectively.

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Leveraging the Cloud for a Secure, Compliant Pharmaceutical Supply Chain

As pharmaceutical companies have expanded target markets and outsourced production over the last decade, the supply chain has become increasingly global, virtual and vulnerable. As a result, counterfeit activity is thriving - and patients have suffered and died from counterfeit and contaminated drugs.

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