The pharmaceutical supply chain requires a myriad of partners to work as a cohesive unit. However, this is not always the case. Most companies have relationships built between different stakeholders at different times, competing agendas leadings to a variety of demands on vendors and an overlap of services from a lack of overarching strategy.
Together, this is creating inefficiency, hindering innovation and adding additional effort to overstretched supply chain leaders. But, there is a way for your vendors to start doing more for you, integrating more effectively with your operations and bringing forward new ideas. It simply requires collaboration.
This is often easier said that done. So we reached out to two industry experts; Bruce Guenter, Director of Logistics and Distribution at Radius Health and Rick Calabrese, Global Director of Corporate Quality Systems at Sartorius. They have shared insight with us on the steps needed to improve your vendor collaboration, how to balance the cost vs quality dynamic and where you can leverage your network to improve collaboration.
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