In industries such as high-tech electronics and consumer products, the demand-driven supply chain has been a disruptive innovation yielding significantly greater benefits compared with the historical supply driven strategy. In contrast, the biotech industry appears under-served in this regard where a transformation is underway in the industry from being innovators and marketers to becoming a bottom-line focused business. (more…)
A little profit-taking in biotech into year end is only to be expected from Wall Street after such a strong year. Some of the most likely victims for a bit of bloodletting are the strongest winners. Or these companies….[Read More]
THEME: “BIOTECH STRATEGIC SOURCING SUMMIT: REDUCING COST, LEAD TIME & DEFECTS”
Calabasas, CA, March 31, 2014: The world’s leading community of supply chain management professionals in the biopharma industry will come together at Kroc Institute for Peace & Justice at USD on June 24 to focus on the critical issue of Strategic Sourcing in the rapidly globalizing business. The Bio Supply Management Alliance (BSMA) in partnership with the Supply Chain Management Institute (SCMI) of the University of San Diego (USD) will organize the conference to foster the exchange of knowledge, experience and best practices of strategic sourcing from R&D to clinical trials, commercialization, manufacturing and logistics. (more…)
The convergence of scientific discovery, computing technology, the regulatory framework, and supply chain management intersected at the Bio Supply Management Alliance conference. Industry supply chain leaders gathered to learn the best practices and new approaches to achieve improved operational results.
Devendra Mishra, Executive Director of the Bio Supply Management Conference, opened the just concluded conference by stating, “This industry is obviously driven by scientific discovery, but also by technology advances and supply chain management. As an industry, we are of course subject to extensive governmental regulations.” (more…)
BSMA Launches SCM Initiative for Molecular Diagnostics Testing Industry
Calabasas, CA, July, 18, 2013: The Bio Supply Management Alliance (BSMA) has appointed Mike Crowell as the Chairman of the “Molecular Diagnostics Testing” strategic steering committee in order to enable sharing of best supply chain management practices, technologies, governmental regulations and market opportunities in a rapidly growing market.
Devendra Mishra, Executive Director of BSMA, stated, “The market for molecular diagnostics is fragmented with more than 500 companies where 98% of them could benefit from being members of a community that shared best practices of supply chain management. (more…)
BSMA Launches ePedigree & Serialization Adoption Support Initiative for Biotech Companies
Calabasas, California, July 9, 2013. The Bio Supply Management Alliance (BSMA) has appointed Amy Penticoff as the Chairman of the “ePedigree and Serialization Initiative for Biotech” in order to support the preparedness for the ePedigree Law of the State of California which goes into effect by January 2015. The subject of preparing for the adoption of the Law will be a major area of focus at the upcoming Annual Conference of BSMA on October 8 in Foster City, where Ms. Virginia Herold, the Executive Officer of the CA State Board of Pharmacy, will deliver the Keynote address. Devendra Mishra, Executive Director of BSMA stated, “We are committed to getting our members prepared for the ePedigree Law of the State of California while being mindful of the similar initiatives in other major regions of USA and the world. (more…)