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Exel White Paper Identifies Need for Resilience and Reinvented Supply Chain in Life Sciences and Healthcare Industry
Date:12/9/2013

WESTERVILLE, Ohio, Dec. 9, 2013 /PRNewswire-iReach/ -- A new white paper commissioned by Exel, the North American leader in contract logistics, and its sister company DHL Supply Chain, the world's leading logistics company, argues that global life sciences and healthcare (LSH) companies must reevaluate and revolutionize their approach to their supply chain management in order to survive the unprecedented myriad of challenges threatening major disruption to the industry.

(Photo: http://photos.prnewswire.com/prnh/20131209/MN28791)

 "The Resilience Imperative: Reinventing Healthcare Supply Chains"– a report by Lisa Harrington, President of the lharrington group LLC, in collaboration with Exel – identifies a number of key trends which could derail the industry's logistics such as emerging market growth, burgeoning regulatory and compliance requirements, changing product characteristics and rocketing counterfeit drug trafficking. Moreover, shrinking margins, escalating cost pressures and growing consumerism are transforming the business paradigm. The result is a business model that looks and acts like the consumer goods industry, where the customer – not the manufacturer – holds the power.

"Providing life-saving products is a big responsibility, one with risks that far outweigh those in a typical supply chain environment," said Jonathan Blamey, Vice President, Life Sciences Healthcare, DHL Supply Chain. "LSH companies have to configure their business for each market, meeting the regulatory requirements and operational constraints of each healthcare system. Add in manufacturing constraints,
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SOURCE Exel
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