Controlant’s Post

The Rising Importance of Pharma Supply Chain Visibility 🌍 In 2022, over 6,600 cases of counterfeit drugs were reported at hospitals, highlighting a growing threat. Ensuring high-quality standards and regulatory compliance in the pharma supply chain is not just a legal obligation but a moral imperative. The improper handling or storage of pharmaceuticals, many of which are temperature-sensitive, can directly impact patient safety. 💡 Harnessing AI and Machine Learning for Predictive Analytics AI and machine learning have revolutionised supply chain management, offering enhanced predictive analytics and risk management capabilities. 🔹 Precise Predictive Analytics: AI tools provide real-time data insights, enabling more effective predictive analytics. They can identify potential disruptions and suggest measures to avoid delays. 🔹 Disruption Forecasting: Machine learning models assess supplier risks, forecasting events that may hinder supplier obligations. This foresight allows pharma companies to prepare and strategise against potential disruptions. 🔹 Optimisation Suggestions: AI processes real-time data to suggest improved logistics routes. For example, AI-driven route planning helped Walmart avoid emitting over 94 million pounds of CO2 in 2023. As the digital age advances, pharma supply chain operators must: 🚀 Embrace Emerging Technologies: Leveraging AI, IoT, and ML can create a more transparent, agile, and effective supply chain. Embedding predictive analytics reduces risk and streamlines operations. 🤝 Prioritise Collaboration: Building strong relationships with suppliers enhances visibility and trust, laying the foundation for reliable business partnerships. Advanced collaboration also helps suppliers reduce risk, improving overall supply chain links. 🔍 Engage in Risk Management: Conducting thorough risk assessments and diversifying supplier links minimises risk, reducing potential disruptions in the supply chain. Want to dive deeper into how you can enhance your pharma supply chain visibility? 🔗 Read our latest blog post to explore more insights and strategies: https://lnkd.in/dGPRHQTs #PharmaSupplyChain #SupplyChainVisibility #AI #MachineLearning #RiskManagement #Prewave

Organizations are scaling service to customers without disrupting their operating model. Could you do the same? Tamro Baltics, a fast-growing pharmaceutical supplier, faced challenges with its complex supply chain and billing processes. Our team identified the root causes of their workflow issues and prioritized areas for automation. Emergn's VFQ principles of delivering value early and often led to quick wins as: 👉 60% of the hours spent on manual work SAVED. 👉 Confidence and skills to tackle complexity elsewhere within the organization at any time GAINED. 👉 A logical framework for supporting future business growth ACHIEVED. Emergn's approach to automation differs from the standard, and the results are industry-leading. Learn more: https://lnkd.in/dBJe5j4G #OwnYourTransformation #AI #Automation

In a Discussion with Tech visionaries Today and Last few weeks on How AI Revolutionizes Pharma Supply Chain Demand Planning ? How the newly introduced software can practically help us to Ensure consistent availability of medications while optimizing costs and minimizing waste? What AI can help us for ? * Uncover hidden patterns: AI analyzes vast datasets to identify trends missed by traditional methods . * Account for external factors: Real-time data on weather, disease outbreaks, geopolitical tensions etc., is incorporated for dynamic adjustments. * Predict demand fluctuations: Proactive adjustments to production, procurement, and logistics are enabled . Other benefits like : * Reduced stockouts and overstocking: Optimal inventory levels minimize disruptions and unnecessary costs avoiding WO due to over stock or OOS due to sandbagging conventional methods. * Enhanced forecasting accuracy: Better planning leads to efficient resource allocation. * Proactive risk management for Potential disruptions * Personalized medicine like Cell and Gene and orphan drugs for rare diseases where AI factors in individual needs and disease prevalence in specific markets for targeted demand planning. * Reduces carbon footprint and improves operational sustainability and our commitment to mother earth and future generations. Yet I believe The Future will be in Integration of HUMAN INTELLIGENCE WITH ARTIFICIAL INTELLIGENCE in solutions holds promise for further streamlining supply chains in way that improving patient lives / Experience ! I am waiting for your insights and Views 🫡 #ai #supplychain #supplychaininnovation #supplychainresilience #machinelearning #sustainability #sustainablebusinessstrategies

🔍 30 Days of Insights: Day 7 🔍 The age of AI in biopharma is here. Across the industry, AI is becoming pivotal in accelerating product development and commercialization without compromising quality. Is your organization currently using any AI technology in the development process? Follow Pharma's Almanac as we take you across the life sciences industry with 30 Days of Insights, and read a recent Roundtable we hosted where we discussed AI in product development: #biomanufacturing #AI #lifesciences

"In the coming years, AI use cases for biopharma are expected to deliver $60 billion to $100 billion of value, translating to 15 to 25 percent operating profit growth.18 Many biopharma companies have already begun transforming commercial activities using AI models—for example, with “next best action” suggestions. However, scaling analytics and other proven solutions across a full portfolio of assets in different life cycle stages and geographies can take years and requires an integrated technology stack, new capabilities, and change management. Companies could expedite deployment of these solutions, while balancing cost and differentiation considerations, with a combination of in-house and third-party products." https://lnkd.in/gkDUJgz5

Ready to enter the next era of pharmaceutical innovation? Whether you’re leading supply chain efficiency or driving digital transformation, learn how Intelligent Automation is shaping success. It’s time for the #pharmaceuticalindustry to evolve from buzzwords to breakthroughs and achieve zero waste in its #pharmasupplychain

🚀 Transforming Pharma Operations with AI! In the ever-evolving landscape of pharma, AI is not just redefining #drugdevelopment but is also unlocking colossal value in procurement and supply chain management. 🤖 🎯 Streamlining Sourcing and Procurement: AI tools are reshaping the game, simplifying supplier sourcing and procurement processes. From swift supplier searches based on specific criteria to inviting vendors to bid, AI is #revolutionizing these traditionally laborious tasks. Efficiency and cost savings take centre stage in this AI-powered transformation. ⚖️ Minimizing Risk and Costly Mistakes: Supply chain risks, from quality issues to counterfeit medicines, are constantly challenging. Enter AI solutions—fraud detection, risk assessment, predictive analytics, and contract review. AI swiftly navigates vast datasets, providing procurement professionals with crucial information, and #empowering proactive risk management. 🌿 Greener Procurement for a Healthier Planet: Climate change concerns demand sustainable practices. AI plays a pivotal role by offering visibility into suppliers' #sustainability goals. This transparency empowers fact-informed decisions, driving positive change in green logistics from the sourcing stage. AI-supported strategic sourcing aligns with ESG goals, ensuring a greener pharma future.💚 🚀 Efficiency and Agility Unleashed: AI isn't just a buzzword; it's a potential $100 billion annual game-changer for the #pharmaceuticalindustry. Overhauling archaic procurement processes, AI brings digitization, real-time visibility, and centralization. The result? Operating #efficiencies and #agility that propel pharma into a future of competitiveness, intelligence, and resilience. As AI continues its stride, pharma embraces a new era of #innovation, efficiency, and environmental responsibility. 📊 #PharmaAI #innovationinhealthcare #futureofpharma #aisolutions #pharmainnovation #riskmitigation #supplychainresilience #sustainableprocurement #AIforClimate #AIDigitization #SymmetricTraining

Ready to enter the next era of pharmaceutical innovation? Whether you’re leading supply chain efficiency or driving digital transformation, learn how Intelligent Automation is shaping success. It’s time for the #pharmaceuticalindustry to evolve from buzzwords to breakthroughs and achieve zero waste in its #pharmasupplychain

Why do traditional approaches to #pharma launches fail to meet expectations in today’s environment? And—perhaps more importantly—how can companies prepare for the launches of the future? On June 4, my colleagues Emily Mandell and Karthik Sourirajan will look at how #AI can drive more sophisticated and effective product launches. They’ll explore how pharma companies of all sizes are using these next-level solutions to overcome the challenges facing the industry today. You can register here: https://lnkd.in/gZxYjTPG

AI is transforming supply chain management in the biopharma sector, enhancing efficiency, transparency, and reliability. This article from World Pharma Today details how AI optimizes operations from production to distribution, ensuring timely delivery of therapies. Discover how AI is setting new standards in biopharma supply chain management. Read more here:  https://lnkd.in/dUx9Uihj #AI #Biopharma #SupplyChain