Good Reads #6: The changing role of the pharma procurement function

Pharma cold chain logistics is very complex with many stakeholders involved. We all work hard to ensure that pharmaceuticals maintain optimal quality all the way to the patients. At Envirotainer we believe that the best way to reach our common goal is to improve collaboration and mutual understanding across the logistics chain, we call it our eco-system thinking. Here, we share articles with our network that we think could benefit us all.

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Value-creating Purchasing

With tougher competition, lower profit margins, and structural changes in the industry, there is an increased pressure on pharmaceutical companies to improve efficiency in all parts of the business. As a result, procurement has gained importance. Some years ago, McKinsey released a report on procurement that captured the trend of procurement becoming a priority for pharmaceutical companies, with an increased focus on reducing costs.

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Pharma Sourcing And Procurement

To broaden the scope and to improve overall value-creating for the business, the sourcing and procurement function in many pharmaceutical companies has evolved into becoming more of an internal consultant or partner to the business units. This article describes the present trend, where focus has moved from one-off, category-based cost-cutting to efficiency, as it is efficiency that in the end drives savings. At the end of the article there is an interesting interview with Robert Freeberg, senior director for strategic sourcing at Adamas Pharmaceuticals, Inc., who describes the close collaboration between the sourcing and procurement function and the business units at Adamas.

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Good Reads #5: New sulphur cap could be disruptive to ocean freight

Pharma cold chain logistics is very complex with many stakeholders involved. We all work hard to ensure that pharmaceuticals maintain optimal quality all the way to the patients. At Envirotainer we believe that the best way to reach our common goal is to improve collaboration and mutual understanding across the logistics chain, we call it our eco-system thinking. Here, we share articles with our network that we think could benefit us all.

Sea freight vs air freight?

Sea freight is often regarded as a less costly and more environmentally friendly choice than air freight. However, in reality the opposite might be just as true – sea freight can be unpredictable, expensive and dirty, evidenced by the new sulphur regulations coming into effect January 1st, 2020, reducing the limit on sulphur content in maritime fuel.

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