Supply Chain Council of European Union | Scceu.org
News

tech can overcome supply chain challenges

Outsourcing-Pharma (OSP) spoke with Joe DiMartino (JDM), Luminata solution manager for R&D software specialists ACD/Labs, about current supply chain challenges and vulnerabilities, and how stakeholders can harness technology to help deal with these issues.

OSP: What do you view as the most significant challenges to the pharmaceutical supply chain?

JDM: The top challenges in the pharmaceutical supply chain today involve addressing bottlenecks within the drug development process and reducing the time of various drug assessments. Based on past trends, only 5 out of 5,000 investigational new drugs make it to clinical trials, and subsequently it takes 10 to 15 years to release a drug to market.

There are exceptional drugs that have been fast tracked, but for the majority, pharmaceutical organizations continue to look for ways to accelerate the drug approval process through digitalization efforts. These efforts are expected to improve collaboration and data exchange between partner organizations while assuring data integrity.

One of the most significant challenges related to this is the lack of systems to effectively manage process development and batch data. This lack of systems leads to many organizations continuing to use Microsoft Excel and other non-scientific and unideal products.

While organizations have learned to work around the limitations of their current systems through data transcription between multiple software interfaces, this does nothing to help adequately map and share data throughout the supply chain, accelerate decision-making or assure data integrity.

Related posts

It’s time to give the IT supply chain the security it deserves

scceu

COVID-19 Hits Supply Chain and China Phase-1 Outlook

scceu

Global Supply Chain Risk Management Solutions Market 2020 Key Business Strategies – SAP, SZ DJI Technology, Oracle, Cura Software Solutions

scceu