Examining LogiPharma 2019 – Top 3 symptoms you caught the life sciences supply chain bug

BillDuBois

Examining LogiPharma 2019 – Top 3 symptoms you caught the life sciences supply chain bug

With LogiPharma 2019 in the books, a big congratulations goes out to all the organizers, speakers, vendors and attendees for a successful event. LogiPharma 2019 featured a strong lineup of speakers and life sciences supply chain industry experts who delivered valuable and relevant content, spurring attendees to participate with passion while host (and former Premiership Rugby match official) David Kurk injected a good dose of energy and humor to keep things moving.

Most impressive at this event was the content — and we’re not talking about skin deep, stick out your tongue and say “ah” level content. Speakers went deeper on their respective topics than a colonoscopy, which by the way, if you are around 50 years old and you haven’t done so, you really should get a colonoscopy, because symptoms can go unnoticed.

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Digital transformation in the life sciences supply chain – show me the data

BillDuBois

Digital transformation in the life sciences supply chain – Vas NarasimhanThe life sciences supply chain starts with a miracle

Is there a more challenging industry than life sciences? In a recent Forbes interview on why it’s so hard to bring tech into pharma, Vas Narasimhan, Chief Executive Officer of Novartis AG pointed out that only one in twenty drugs make it out of clinical trials.

One in twenty. A rate that hasn’t increased in over a decade. The only thing that has increased are the costs. Everything we talk about in supply chain starts with discovering that product you can market and sell. For those in consumer-packaged goods, it’s safe to say we’re fairly knowledgeable about our customers and target markets.

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Managing the healthcare supply chain for better patient outcomes

MikeMcAllister

LogiMed USA 2019 San Diego California, healthcare supply chainLogiMed USA 2019 panel discussion focuses on meeting expectations in the age of The Amazon Effect

Recently we had the opportunity to attend the only event that brings together the entire end-to-end healthcare supply chain, LogiMed USA 2019, in San Diego, California.

During the session entitled “Integrating better customer service strategies throughout the supply chain,” Kinaxis Vice President of Industry Strategy Raj Aiyar weighed in on the impact the right technology can have on the supply chain when it comes to meeting customer expectations in 2019 and beyond.

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Understanding supply chain dimensions to maximize ROI

RichardCushing

Understanding supply chain dimensions to maximize ROITo improve supply chain management and to maximize the return on inventory investment, it’s imperative to understand the supply chain dimensions that help define how your inventory is consumed.

To illustrate, this blog will look at bills of material (BOM) and a manufacturing environment, though the same principle applies in scenarios where items are consumed from your supply chain inventories by different customers, distribution centers or even the BOMs that reside outside the four walls of your supply chain operations at customer sites.

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Cross-border geoblocking and the supply chain’s last mile

DustinMattison

Cross-border geoblocking and the supply chain's last mile

I recently spoke with Robert Thiemann, the Founder of BPM-Lux and Advisor of BPM, Logistics & Transport to discuss recent changes in cross-border geoblocking regulations in Europe and the implications for consumers and sellers.

As a result of these changes, Thiemann details why online retailers will need to consider how to design last mile supply chain solutions to facilitate cross border deliveries and the return of unwanted goods for end consumers.

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Lessons in product transition and supply constraints, via adidas

HarishIyer

One of the scary supply chain campfire stories I like to tell is of the CEO who stands in front of Wall Street to explain a revenue miss due to lack of visibility into the inner workings of its supply chain. A real-life version of which was recently lived by adidas.

During its annual earnings call, adidas CEO Kasper Rorsted explained to investors that the company’s slow sales growth in North America was attributed to supply issues as the company expands from high-end products into a mid-price range. According to Rorsted the volume increased faster than anticipated, and they didn’t respond quickly enough to the demand signal.

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Apparel and footwear: At what point is missed sales better than excess inventory?

HarishIyer

Supply chain faux pas slows adidas sales growth

In adidas’s recent earnings call, CEO Kasper Rorsted warned that adidas would miss its 2019 growth target because its supply chain was unable to meet the huge demand for its mid-priced apparel, especially in North America.

adidas expected this to result in a one to two percentage point drop in its revenue growth, translating to a drop in revenue between €100 and €200 million.

For a company operating at almost 52 percent gross margin, that’s not an insignificant amount. 

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Regaining control: Inventory management best practices (Part four)

RichardCushing

Regaining control: Inventory management best practices (Part four)In part one of my inventory management best practices series I argue that inventory cannot be managed until it is controlled, and present the notion our general willingness to apportion blame upon unreliable data from enterprise resource planning (ERP) systems is misplaced.

This isn’t because the ERP system is flawed. Further investigation reveals that external forces—controllable forces—exert influence upon the system, skewing data to a point at which it becomes unreliable.

In the final part of my inventory management best practices series, I take a look at some additional practices that are important, or even crucial, to successful supply chain efforts.

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