Risk Management in Contract Pharmaceutical Development: Contract Research Part 2
The second installation in our series on contract management research published by MBA students from my online Contract Management class is by Julia Condit, and focuses on the challenges of managing contracts in the pharmaceutical industry. As pharmaceutical companies go […]
Addressing Labor Shortages in Warehouse and DC Operations
A group of executive joined SCRC faculty and staff for a one-day workshop held on February 28, 2019. Companies represented included Advanced Auto Parts, John Deere, Hanes Brands, UPS, FHI, Lenovo, GSK, Altria, and UNC Healthcare. The topics of discussion […]
SCRC Research on Drug Shortages: Lawsuits, Low Cost Countries, and Litigation
Recent articles have started to highlight the number of drug shortages occurring in retail channels. Not surprisingly, these are often related to supply chains – a topic that I have written extensively about in my books on Pharmaceutical Distribution and […]
New MBA Healthcare Analytics Class Takes Off This Fall
Healthcare providers are facing continued lower operating margins, increased risks and potentially once-in-a-lifetime health care reform. With this backdrop, there is an increasing focus on Supply Chain Management as a means to minimize risk, optimize operating costs, improve revenue, improve […]
Can Sales and Procurement Ever be BFF's?
The relationship between sales and procurement has always been a contentious one, and the idea of a friendship evolving between the two functions is laughable in the minds of many managers I’ve met with. The issue at the core of […]
How does procurement evaluate outsource providers?
In the RFQ process, procurement should ideally be transparent about answering this question. Too often, however, the sales team at suppliers providing the bid have to “guess” at what they think will be important. The Request for Quote process, if […]
Outsourcing: The Good, the Bad, and the Ugly – Lessons from Nortel Networks
Jeff Townley, former Chief Procurement Officer at Nortel Networks, provided some fantastic insights in my MBA class this evening. In so doing, he shared some great insights about “Outsourcing: The Good, The Bad, and the Ugly.” The GOOD – “ODM’s […]