Navigation Links
Planning to Avoid the Next Super Storm: A Road Map for Protecting Your Business Operations & Supply Chain

CHAPEL HILL, N.C., Nov. 9, 2012 /PRNewswire/ -- In the wake of recent catastrophic events such as Hurricane Sandy, pharmaceutical and medical device companies are becoming more aware of the need to safeguard their competitiveness levels by executing strategic plans that include consistent monitoring and evaluation of emergency measures.

Unfortunately, the occurrence of a natural disaster is typically when most companies begin to regret not having a business continuity system in place. To identify how other world-class companies plan, prevent, prepare and respond to potential threats, Best Practices, LLC has published a new study: "Best Practices in Crisis Management & Business Continuity for BioPharma Manufacturing and Supply Chain Operations."

Key Insights Include:

  • System fortification and redundant resources were seen to be the most effective means of avoiding outages and failures.
  • Sole-source suppliers may provide the lowest price – but they also may endanger the supply chain.
  • More than half of companies require suppliers have facilities in different regions to further hedge against disruption risk.
  • Two thirds of companies employ various simulations, war games and scenario plans at least once a year to challenge business continuity plans and preparations.

To access the full report or to download a complimentary summary containing insights found in this report, click on the following link:

While building up capacities for emergency responses continues to be a priority, the severity and frequency of disasters in the last decade reinforces the need to place much greater attention to the implementation of proactive strategies that ensure the continuity of supply chain and manufacturing functions. Achieving growth and sustainability is not just a matter of sustaining proven business models, but also of being prepared for unplanned events that can disrupt the effectiveness of such models.

The 110-page report contains over 500 metrics and 55 narratives that provide empirical evidence from leading biopharmaceutical companies on how to promptly and efficiently reduce the risks from and respond to emergencies to prevent or minimize the costs of emergency events.

For more information on this study or other recent primary research studies, contact us at 919.403.0251 or at

Best Practices, LLC is a leading benchmarking, consulting and advisory services firm serving biopharmaceutical and medical device companies worldwide. Best Practices, LLC's clients include all the top 10 and 48 of the top 50 global healthcare companies. The firm conducts primary research and consulting using its comprehensive proprietary benchmarking tools and analysis. The operational insights, findings and analysis form the basis for our Benchmarking Reports, databases and advisory services to support executives in commercial and R&D operations.

SOURCE Best Practices, LLC
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. A Successful Launch of a New Oncology Product Requires Global Teams & Planning
2. Elekta Launches New Version of Monaco Treatment Planning System with Segment Shape Optimization
3. Cipla Medpro Achieves "Worry Free" Supply Chain Planning with Help from ToolsGroup
4. GE Healthcare Imaging Equipment now available in Attainias Equipment Planning System
5. Report Highlights Key Activities that Drive Successful New Product Planning Groups in Pharmaceutical Industry
6. Medical Affairs Plays Important Role in the Success of New Product Planning Programs
7. Helping Start-Ups Avoid Slow-Downs
8. Stater Bros. Super Rx Pharmacies To Offer Free Antibiotics
9. Amarantus BioSciences Announces MANF Demonstrates Superiority over GDNF in Neurorestoration Behavioural Animal Model of Parkinsons Disease
10. arGEN-X Appoints Dr. David L. Lacey to its Supervisory Board
11. Silicon Nitride Demonstrates Statistical Superior Osteointegration and Anti-infective Biomaterial Properties
Post Your Comments:
(Date:6/24/2016)... , June 24, 2016  Collagen Matrix, ... design, development and manufacturing of collagen and mineral ... announced today that Bill Messer has ... Marketing to further leverage the growing portfolio of ... devices. Bill joins the Collagen Matrix ...
(Date:6/24/2016)... Va. , June 24, 2016 The ... set of recommendations that would allow biopharmaceutical ... (HCEI) with entities that make formulary and coverage decisions, ... the "value" of new medicines. The recommendations ... does not appear on the drug label, a prohibition ...
(Date:6/24/2016)... 24, 2016   Pulmatrix, Inc ., (NASDAQ: ... inhaled drugs, announced today that it was added to ... its comprehensive set of U.S. and global equity ... an important milestone for Pulmatrix," said Chief Executive Officer ... of our progress in developing drugs for crucial unmet ...
Breaking Medicine Technology:
(Date:6/25/2016)... ... 25, 2016 , ... Austin residents seeking Mohs surgery services, can now turn ... to Dr. Russell Peckham for medical and surgical dermatology. , Dr. Dorsey brings specialization ... selective fellowship in Mohs Micrographic Surgery completed by Dr. Dorsey was under the direction ...
(Date:6/25/2016)... Beach, CA (PRWEB) , ... June 25, 2016 , ... ... UCLA with Magna Cum Laude and his M.D from the David Geffen School of ... Diego and returned to Los Angeles to complete his fellowship in hematology/oncology at the ...
(Date:6/24/2016)... ... ... A recent article published June 14 on E Online details ... to state that individuals are now more comfortable seeking to undergo not only the ... and cheek reduction. The Los Angeles area medical group, Beverly Hills Physicians (BHP) notes ...
(Date:6/24/2016)... , ... June 24, 2016 , ... ... and Scientific Sessions in Dallas that it will receive two significant new grants ... grants came as PHA marked its 25th anniversary by recognizing patients, medical professionals ...
(Date:6/24/2016)... ... ... Topical BioMedics, Inc, makers of Topricin and MyPainAway Pain Relief Products, join The ‘Business for ... $12 an hour by 2020 and then adjusting it yearly to increase at the same ... wage, assure the wage floor does not erode again, and make future increases more predictable. ...
Breaking Medicine News(10 mins):