Industries > Pharmaceutical/Biotech | SupplyChainBrain

Pharmaceutical/Biotech: Page 196

The Retail Industry Enters the Connected Age

Analyst Insight: As traditional retailers feel the sting of Amazon's long tail whip, e-commerce and retail are merging into omni-channel strategies. In the Connected Age everyone is always connected to everything, always on, and location based. Just as the power shifted from manufacturer to retailer, the power in the retail channel has now shifted to the consumer who can buy anything from anyone, anytime, from anywhere. You better know your customer and your market to succeed. - Rich Sherman, Supply Chain Discipline Expert at Trissential

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Evidence-based Medicine Has Pharma Manufacturers Taking More End-to-End Responsibility

Analyst Insight: Supply chain has often been an afterthought for pharmaceutical manufacturers. The patent cliff, increasing reliance on generics, and price pressure from payers all create considerable margin pressures on pharma companies as well. This forces them to pay closer attention to operational efficiencies, including the supply chain. However, less noticed is the impact that evidence-based medicine and outcome-driven payment strategies have, compelling pharmaceutical manufacturers to more closely manage their entire end-to-end chain, especially on the downstream side. - Bill McBeath, Chief Research Officer, ChainLink Research

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Pharma Industry at a Crossroads in Healthcare Supply Chains

Analyst Insight: The pharmaceutical and bio-tech industry, as well as the medical device and medical product industries, are at a crossroads. This crossroads consists of industry identity and business channel markets determination - each of which will drive every company's future in the domestic and international marketplace as a single sector leader or multimarket healthcare provider for the coming decade. - Brian Hudock, Partner, Tompkins International

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Legacy Supply Chain Services Acquires Vitran SCO

Legacy Supply Chain Services has acquired Vitran Corporation Inc.'s Supply Chain Operation (Vitran SCO).

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You Can't Be Too Careful When Choosing a 3PL Partner

A recovering housing market, record level U.S. exports and improved unemployment numbers are all key factors pointing to a slow but steady economic recovery in the United States. But while companies are celebrating their profits and looking at improved sales in the months and years ahead, far greater concerns loom on the horizon for shippers as the ever talked about driver shortage becomes a reality.

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TAKE Solutions Enhances Collaboration Suite; Supports Life Sciences

TAKE Solutions, a vendor of software for supply-chain management and the life sciences sector, has made enhancements to its OneSCM supply-chain collaboration suite.

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Go Back to the Basics for Future Success in Demand Planning, Forecasting

Analyst Insight: As new software and technologies gain market entry and alternative sources of information come into play for improving the process of demand planning and forecasting, it is vital that companies embrace this rampant invasion of methodologies and information with a focused, retrospective view of the basics"”to achieve a successful demand planning and forecasting strategy. A strategy that goes back to the basics can help companies ensure they apply universal and effective principles for success. - Jorge GarcÃa, TEC Senior BI and Data Management Analyst, Technology Evaluation Centers

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Sales Growth, Profit Margins Among Private U.S. Companies on Upward Swing, Report Finds

Nearly all employer firms in the U.S. are private (with listed companies representing less than 1 percent), so the performance of private manufacturers is a key barometer of the sector as a whole, according to a report from Sageworks, a provider of financial analysis solutions. In the six-month period ending in January 2013, private manufacturing companies were seeing 9.5 percent annual sales growth, up slightly from the six-month period ending in December 2012.

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Collaborative Purchasing, Revisited

So collaborative purchasing appears feasible for the restaurant industry. But what about other business sectors? Can different companies - even direct competitors - really band together to get better deals from their suppliers?

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There are Good Ways and (Very) Bad Ways to Manage Crises - Like Horse Meat in Food You Serve

Many balk at the idea of biting into Seabiscuit. The cultural taboo around eating horse is one reason why the public has had such a negative reaction to the news that certain European suppliers have been shipping beef contaminated with horse meat.

Survey Reveals Strong Growth Within the U.S. Manufacturing Industry

Nearly three out of four leaders within the manufacturing industry have either expanded their product or service offerings in the past year, or plan to expand them in the coming year, according to a survey conducted by Travelers Companies.

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Dunavant Creates Custom Solution for International Heavy-Weight Shipments

Challenge: A $12 billion retail consumer goods company approached us in need of a cost-effective way to ship heavy-weight products from China. In addition, they wanted a complete review of their replenishment model to improve inventory turns and reduce safety stock.

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