Webinar: The Pharma Supply Chain Revolution

May 24, 2018 at 11:00 AM

The Pharma Supply Chain Revolution

Thursday, May 24th, 11am to 12pm (Eastern)

Along the healthcare continuum, keeping up with global demands, regulatory requirements and patient needs is possible with the properly selected supply chain processes. With the help of Vendor Managed Inventory (VMI), supply chain professionals can monitor materials based on expected demand and previously established supply levels.  Successful companies in the biopharmaceutical industry who understand this strategic imperative are leading the supply chain revolution using new approaches. 

VMI, coupled with Electronic Data Interchange (EDI), integrates product forecasts and is the foundation for supply chain collaboration and success.  With instantaneous feedback, up-and-down the supply chain, VMI through EDI helps to enable:  

  • Reduced costs throughout the supply chain
  • Improved lead times
  • Reduced inventory throughout the supply chain
  • Elimination of stock outs
  • Simplified planning processes
  • Elimination of purchasing administration costs and errors
  • Managed risk

Key Learning Objectives:

Participants in this webinar will learn how best-in-class companies are doing to establish strategic partnerships and practices.  Join us to learn more about:

  • How can VMI programs benefit Pharma companies?
  • How does EDI multiply a VMI program’s benefits and simplify business processes?
  • What is needed to implement a successful VMI+EDI program?

PRESENTED BY:

Brian Garrett, MBA, Supply Chain Engineer, Capsule Delivery Solutions, part of Lonza Pharma & Biotech

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