The exchange of issues and answers relating to how strategic sourcing can be leveraged by small to large companies was insightful and candid as eminent executives served on a panel. The industry leaders consisted of Isaac Young, Sr. Director Supply Chain Operations, BioMarin Pharmaceuticals; Mark Buck, Global Supply Chain and Procurement Leader, Bio-Rad Laboratories; Mary Kachinsky, Sr. Director of Strategic Sourcing, Cubist Pharmaceuticals; Paul Anderson, Sr. Director of Operations Strategy, Thermo Fisher Scientific; Prentice Curry, Vice President of Quality and Operations, Kite Pharma; and, Wayne McDonnell, Director of Advisory, PwC. The takeaways were that in the global market place, inter-dependence of trading partners in the supply chain, regulations in the emerging markets, IT systems connectivity, sustainability of the environment and safety have added challenges to achieving agility, cost reduction, quality and safety.
Key research findings on the business landscape of healthcare logistics around the world, as well as healthcare logistics executives’ top concerns and strategies for expansion, were presented by Robin Hooker, Director of Global Strategy Healthcare Logistics at UPS.
There is extreme “pain in the supply chain of pharma, biotech and medical device industries but strategic and tactical solutions can be implemented”, declared Hooker.
Mary Kachinsky, Senior Director of Strategic Sourcing at Cubist Pharmaceuticals shared enriching lessons in implementing a large scale information system for strategic sourcing. She was assisted by Richard Wa
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