Establishing Strategic Global Supply Chain Practices for the Life Science Industry

Life science organizations today are focusing on strategic growth, but equally focusing on supply chain excellence and robustness in order to ensure their viability and global reach. This 2-day course will address key global issues with respect to optimized global supply chain and strategies. Discussions will include the key strategies to be employed which ultimately yield improvements to the organization’s bottom-line and top-line financial results, synchronized global supply and demand management, global optimized inventory management, global logistics management, and strategic sourcing and supplier management. Key performance measurements and tactics for ensuring the health of the supply chain within your organization will be addressed. The course examines the challenges of the future for the industry and how global life science organizations will compete differently to ensure their viability. This course will explore hands on day-to-day tools and techniques used to gain a competitive advantage over competitors. Participants will face questions such as “What is our philosophy on make versus buy”, “How should we manage inventory with uncertain demand”; “What are the leading practices and implications for importing products and services across borders?”

Case examples of best-in-class companies will outline leading practices in strategic operations and global supply chain management.