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Tompkins develops pharmaceutical, medical product and healthcare-related supply chain solutions. We provide results in the areas of global logistics and supply chain, physical distribution, channel optimization, packaging, regulatory compliance, supply chain systems, and organizational excellence.
Supply Chain Trends: Under Pressure
The human risks involved with the healthcare industry, particularly pharmaceuticals and medical products, raises the bar in visibility, performance, and in operating margins. All this adds to the pressure on supply chain leaders.
Globalization of the supply chain is creating a series of risks and challenges:
 Globalization of the pharmaceutical and medical products markets has increased competition to maintain and expand market share and customer loyalty. Increased quality and safety responsibilities are adding pressure to increase inspections of both foreign and domestic operations.
In 2010, China overtook Japan to become the global #2 market for pharmaceuticals and medical devices. Learn more about the pharmaceutical and medical products industry in China.
Profit margins are being squeezed from other forces as well: Government cost controls, increased competition, increased tracking requirements and expiring patents are all factors that affect the bottom line in the pharmaceutical and medical products industry.
Furthermore, e-pedigree and serialization (2015) should not be viewed solely from a regulatory perspective as any serialized e-pedigree solution can have implications on product authentication, diversion control, recall management, returns processing and other critical pharmaceutical supply chain functions.
 Recent mergers are changing the playing field: Whether it is a mega-merger or smaller acquisitions and licensing agreements, Big Pharma is evolving to bridge upcoming patent expirations until the next blockbuster discoveries are found.
Merging supply chains effectively is critical to achieving the projected savings, meeting regulatory requirements and the marketplace requirements.
Financial savings can be found throughout the Supply Chain: Internal savings including labor reduction, productivity, space consolidation, inventory optimization, and material use and waste management should be the focus on finding and implementing cost reduction measures.
In addition, reviewing the option of leveraging Logistics Service Providers (LSPs) to focus on core strengths and reduce internal costs is an industry best practice. However, the risks and trade-offs must be fully understood before outsourcing any particular business function.
The industry can better plan its implementation strategy of these requirements as a part of ongoing continuous improvements and upgrades. The implementation of best practices throughout the supply chain to improve performance and reduce operating cost is critical to profitability.
Supply Chain Solutions: From planning through implementation, Tompkins brings clients measurable improvements.
- Supply Chain Excellence
- Strategic Operations Planning
- Logistics and Network Planning
- Distribution Operations
- Manufacturing/Maintenance Warehousing
- Global Sourcing and Security
- Risk Assessment and Contingency Planning
- System Selection and Implementation
- Equipment Selection, Integration, and Installation
- Sustainability Initiatives / Waste Management
- Validation and Regulatory Compliance
Case Studies:
Tompkins has over 30 years of experience helping the healthcare and pharmaceutical industry reduce supply chain costs, improve speed and accuracy, and enhance customer service.
We focus on end-to-end supply chain solutions in the pharmaceutical and healthcare industry, with offices in the US, Canada, Europe and Asia, including Technomic Asia, based in Shanghai, China, and Tompkins International EMEA, based in Germany.
Read about Tompkins' Hospital Logistics Operations Services (PDF)
You may also want to learn more about the pharmaceutical and medical products industry in China.
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