Navigation Links
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, compliance, temperature control and other factors, and you get a highly complex supply chain."

For most industries, experiencing two or three complex challenges at one time is enough to cause turbulence. According to the white paper, the LSH sector is contending with a complex web of issues which amount to the end of business as usual and call for a corresponding change in supply chain management:

Patent cliff, changing products and profit erosion: In 2012, $38 billion of sales was lost due to patent expiration on major drugs moving to generics, while the global austerity from value-driven governments, commissioning bodies and private payers worldwide has contributed to prescription sales falling by 1.6 percent to $714 billion. A highly cost-effective supply chain that also delivers fast, reliable speed is required to meet the needs of an increasingly empowered, consumer-led market.

Emerging markets, demographic shifts and healthcare policy: By 2050, more than one third of the world's population will be over the age of 60. In addition, emerging markets such as Brazil, Russia, India, China and Mexico and their growing middle-classes represent a significant growth opportunity for LSH companies. To adapt, LSH companies must adopt business models which allow for geographical range and therefore require tailored supply chains that deliver a higher volume of goods to increasingly diverse end points such as hospitals and distributed care in the home.

Regulations, compliance and product integrity: The growing issue of counterfeits has led to regulators enforcing stringent and diverse product integrity control. Intensified security and data collection adds pressure throughout the supply chain, as rigorous serialization is required at distribution touch points, often painstakingly at the unit rather than lot level.

Download and view the full report at http://supplychain.exel.com/LSHC_Registration. For more information about supply chain best practices, solutions and success stories, visit the Exel LSH pages at http://www.exel.com/exel/exel_life_sciences.jsp.

Media Contact:
For more information and interview requests, please contact:

Nicole Porter
Exel
614-865-8437
nicole.porter@exel.com

or

Gretchen Torres
Fahlgren Mortine Public Relations
614-383-1629
gretchen.torres@fahlgren.com

About Exel
Exel is the North American leader in contract logistics, providing customer-focused solutions to a wide range of industries including automotive, consumer, retail, engineering and manufacturing, life sciences and healthcare, technology, energy and chemicals. Exel's innovative supply chain solutions, skilled people and regional coverage bring together all aspects of contract logistics in addition to a wide range of integrated, value-added and specialist services. Exel is a wholly owned entity of Deutsche Post DHL, the world's leading logistics group. For more information, visit www.exel.com.

To view this video on YouTube, please visit: http://www.youtube.com/watch?v=LQsq34-91Bk#t=37

Media Contact: Gretchen Torres, Fahlgren Mortine, 614-383-1629, Gretchen.Torres@fahlgren.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com


'/>"/>
SOURCE Exel
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. New White Paper from Tuberous Sclerosis Alliance Assesses Visual Field Risks of Vigabatrin
2. Improving Outcomes in the Treatment and Management of Metastatic Colorectal Cancer - International White Paper Launched at European Cancer Congress 2013
3. Automation is Revolutionizing White Cell Differential Analysis; New Whitepaper Details How
4. RxAlly Releases White Paper on Necessity of Personalized Pharmacist Care
5. New White Paper Details What Compounding Pharmacies Must Know to Prepare for FDA Inspections
6. Scott & White Hospital - Round Rock first in Central Texas, one of few nationally to perform breakthrough procedure for acid reflux
7. Disinfectant Qualification Questions are Answered for Sterile Drug Manufacturers in New White Paper
8. TeamHealth White Paper Examines Telemedicine Risks, Risk Management Strategies
9. Scott & White to Open Emergency Hospital in Cedar Park
10. Heraeus Expands Its Venus White Line of Whitening Maintenance and Oral Care Products
11. MEI Pharma Announces Retirement Of Chairman Bryan Williams From Board Of Directors And Appointment Of Christine White As Lead Director
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/26/2016)... Jazz Pharmaceuticals plc (Nasdaq: JAZZ ) announced ... Act of 1976, as amended ("HSR"), with respect to ... CPXX ) expired effective June 24, 2016, ... previously announced on May 31, 2016, Jazz Pharmaceuticals and ... Jazz Pharmaceuticals has commenced a tender offer for all ...
(Date:6/24/2016)... Calif. , June 24, 2016  Global ... a biopharmaceutical company developing novel therapeutics for the ... needs, today announced the closing of its previously ... common stock, at the public offering price of ... the offering were offered by GBT. GBT estimates ...
(Date:6/24/2016)... 2016 Dehaier Medical Systems Ltd. (NASDAQ: ... markets and sells medical devices and wearable sleep respiratory ... strategic cooperation agreement with Hongyuan Supply Chain Management Co., ... June 20, 2016, to develop Dehaier,s new Internet medical ... Dehaier will leverage Hongyuan Supply Chain,s sales platform to ...
Breaking Medicine Technology:
(Date:6/25/2016)... ... June 25, 2016 , ... Conventional wisdom preaches the benefits of moderation, ... the latter, setting the bar too high can result in disappointment, perhaps even self-loathing. ... toward their goal. , Research from PsychTests.com reveals that behind the ...
(Date:6/24/2016)... ... ... a crisis. Her son James, eight, was out of control. Prone to extreme mood shifts ... upset him, he couldn’t control his emotions,” remembers Marcy. “If there was a knife ... and say he was going to kill them. If we were driving on the ...
(Date:6/24/2016)... ... June 24, 2016 , ... Comfort Keepers® of San ... Society and the Road To Recovery® program to drive cancer patients to and from ... adults to ensure the highest quality of life and ongoing independence. Getting to ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... proud to recognize Dr. Barry M. Weintraub as a prominent plastic surgeon and ... women in the world, and the most handsome men, look naturally attractive. Plastic ...
(Date:6/24/2016)... Washington, D.C. (PRWEB) , ... June 24, 2016 , ... ... Pro-Am Heroes Golf Classic Tournament held on June 20th at the Woodmont Country ... local charity, Luke’s Wings, an organization dedicated to helping service members that have been ...
Breaking Medicine News(10 mins):