Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. 

Drug shortages in the U.S. have reached an all-time high. A total of 323 shortages were reported during the first quarter of 2024, suggesting that previous strategies had failed to reverse the trend.

Time is running out for the healthcare supply chain to fully comply with the Drug Supply Chain Security Act.

Making in-kind donations is good for the planet, good for the bottom line, and good from a public relations perspective.

The Administration said these principles should be considered during the whole lifecycle of AI – from design to development, testing, training, deployment and use, oversight, and auditing.

By understanding the use cases best suited for each pallet material type, supply chain practitioners can make significant strides in sustainability while ensuring efficiency.

Unlike conventional software, which becomes outdated as time passes, newer AI-driven machine-learning systems become increasingly sophisticated with age.