Strengthening Cross-Functional Understanding: A Framework for Timelines Vs. Specific Dates
Across several recent conversations and group discussions, the subject of information requirements — necessary for executing critical roles in product development, manufacturing, and supply chain — has come up again. Over the past several years, we have built a simple yet powerful framework to address the recurring challenge of obtaining critical information at the right
- Published in LIFE SCIENCE, Project Management Blogs, Supply Chain Management Blogs
Making the Case for Clinical & Operations Planning (C&OP) in Clinical Supply Chains
The Clinical Supply Chain Situation In the world of bringing a pharmaceutical product to market, supply chains play a vital and multifaceted role, ensuring the seamless flow of materials, timely delivery of products, and adherence to regulatory requirements across complex global networks. A McKinsey study states, “…On-time delivery generally is not a problem. On-time, in-full
- Published in LIFE SCIENCE, Supply Chain Management Blogs
The Future of Pharma Supply Chain: Adapting Change, Managing Risk , Creating Value
The pandemic had a significant impact on global economy with many industries experiencing drastic decline in demand and business revenue. However, the pharmaceutical enterprises, with a zeal to find fastest-cure-first, along with multiplying demand across healthcare treatments triumphed during the crisis. According to a report by Fortune Business Insights, the global pharmaceuticals market was valued
- Published in LIFE SCIENCE, Supply Chain Management Blogs
Inventory Management Using The Power Of Analytics
Supply Chain executives, leaders, and personnel often find themselves not knowing what inventory they have, where it is, and when it expires. The list of what-ifs can be quite daunting. Despite the criticality of the answer to these questions, that information is not at the fingertips of executives, leaders and personnel. Needless to say, this
- Published in client case, LIFE SCIENCE, Supply Chain Management Blogs
The Impact of Rising Temperatures on Global Supply Chains
The world depends on global supply chains, however, the network is prone to disruptions. Labor shortages, virus outbreaks, technological issues, and more can lead to substantial delays and increased costs but one factor is more frightening to supply chains than any other i.e. the rising temperatures. With rising temperatures across the globe, scientists say that
- Published in Supply Chain Management Blogs
How to Improve Collaboration between Cross-Functional Teams?
Cross-functional team collaboration is a key factor to grow and scale a business successfully. It drives continuous improvement within the organization, enables agility and creative problem solving, and also reduces costs. Most importantly it keeps everyone aligned with the organizational goals. However, when teams work cross-functions, there is added complexity in dealing with people who
- Published in Supply Chain Management Blogs
Optimizing Supply Chains with Continuous Process Improvement
In today’s world, the most critical challenges businesses face are adapting to rapidly changing market conditions and changing consumer expectations. The strategy that might have worked for businesses in the last few years may require an overhaul to meet the present requirements. To meet these ever-changing needs, organizations need flexibility not only from systems but
- Published in Supply Chain Management Blogs
The Strategic Benefits of Agile Procurement
There is no doubt that we are living in unprecedented times that have disrupted local, regional, and global supply chains pushing many procurement organizations to find ways to evolve and meet their targets. To thrive, a new approach to managing and organizing work in an adaptable manner is a must. In this article, we look
- Published in Supply Chain Management Blogs
Why should you hire a PMP Certified Consultant for project/program management?
The PMP (Project Management Professional) certification has gained importance among project managers as well as recruiters. Today most employers list ‘PMP certification’ as a required or strongly preferred skill when posting a job opportunity. Organizations that support PMP certified professionals have more well informed, expert, and disciplined workforce. Hiring PMP certified resources organizations can make
- Published in Project Management Blogs
Strategic Sourcing in a Supplier’s Market – What does it mean for global businesses?
The role of effectively sourcing goods and services from suppliers has become unavoidable as businesses continue to tie together the power of globalization to expand performance. Strategic sourcing plays a vital role when it comes to the competitiveness and cost structure of a business. It can help in improving the value to price affiliation through
- Published in Supply Chain Management Blogs
How to increase supply chain agility?
Whether it is a global pandemic, trade wars, geopolitical instability, tariffs or natural disasters, these disruptions make a significant impact on supply chains globally. With such unpredictable disruptions, companies must invest in building key capabilities in their supply chains i.e. agility, resilience, and sustainability. Here we will talk about how to increase supply chain agility
- Published in Supply Chain Management Blogs
Optimum Material Requirements Planning (MRP) – How to get it right?
Material Requirements Planning (MRP) is one of the most important processes for manufacturers that should be run at the right frequency. With the right MRP, an organization can expect an increase in on-time shipments, lesser inventory carrying costs, lower inventory shortages, and happy customers. Whether it is done through the ERP (Enterprise Resource Planning) system,
- Published in Supply Chain Management Blogs