Outsourcing in the pharmaceutical industry, until recently, has been largely confined to commercial manufacturing, packaging, and support for clinical trials. The industry is rapidly changing; companies are facing rising costs, a fast evolving global market, and weak pipelines. Many companies are outsourcing activities that have historically been kept in house, freeing themselves to concentrate on their core competencies and become more agile in responding to changing conditions. These new outsourcing models include discovery and R&D, regulatory, chemistry and manufacturing controls (CMC) support, and back office sales and marketing activities—virtually no activity is out of bounds. Instead of building or acquiring specialized technologies and facilities, many companies are seeking access to them elsewhere. Smart outsourcing provides the following operational and business benefits:
Organizations entering into an ERP project begin their journey by making a business case for ERP. The effort involves determining an expected return on investment, anticipating total costs and fully documenting the business case for investing in a new or upgraded system.
This can’t-miss paper makes the case that it is critical to document the business reasons for an investment in ERP. You’ll see the reasons to calculate the expected value to offset the cost. Identifying risk is part of the process, as is putting in plans to mitigate risk.
This white paper by Ultra Consultants will identify five considerations to keep in mind when justifying an investment in ERP leveraging Ultra Consultants’ experience in helping manufacturers with this process.
View the full white paper below!
Previously many of these technologies were emerging on their own, but not considered collectively. With a recent push toward an integrated approach, the Internet of Things, the focused effort is much more clear. While efforts are being made to allow technologies to be more interchangeable and data non-exclusive, much of the progress thus far has been disjointed….
This Q&A eBook with Bossard, published by the Generis Group, highlights Industry 4.0, the Internet of Things, full inventory transparency, and more!
Bossard creates solutions that enable you to achieve higher productivity while helping you to surface your potential. Connect with Bossard at our American Supply Chain Summit taking place April 24-25th in Orlando, FL.
Read the full eBook below:
If you’re looking for new ways to improve the profitability of your manufacturing business, there might be a resource that you’re not tapping into–data. Many organizations already have data and analytics about equipment, parts, and processes that are not being used to improve the organization.
Download the tip sheet by Sight Machine below to find out how to use your manufacturing analytics to improve profitability. Within the sheet below, you’ll learn how to:
- Reduce unplanned downtime;
- Diagnose quality problems faster;
- Reduce the cost of compliance;
- And more.
Find out more below!
As manufacturers struggle to fill highly skilled production positions—according to NAM (National Association of Manufacturers), “80 percent of manufacturers report a moderate or serious shortage of qualified applicants for skilled and highly skilled production positions”—technology may need to step in to fill the gap.
As the article “Automation Today” by FARO Technologies states: “It’s no secret that manufacturing continues to become more automated, and manufacturing output per worker is on the rise.” Smart factories are sought after because they are quickly becoming the “factories of the future,” while growing changes in automation become difficult to ignore.
Find out more about the latest advancements in optical 3D measurement and automation technology in the article below including:
- Advanced Manufacturing;
- Automated Metrology; and
S&OP/IBP Users have superior customer service, cash-to-cash cycle, and forecast accuracy, driven by the effective measurement of their process and strategic actions. These improvements move them from predicting results toward a prescriptive approach, allowing them to manage their costs while growing their top line.
View the full infographic and read the report on this topic below!
One of the responsibilities of operational leaders is to select and reinforce the company’s key performance measures. Establishing and tracking these KPIs is akin to being in the right position. These measures must mirror leadership’s view of what success looks like.
This article by TBM explains how to set your KPIs while ensuring that your metrics provide a clear understanding of the current health for your business, are aligned with both past and emerging customer expectations, and reflect the mantra “good is never good enough.”
According to TBM, unless you establish the right KPIs, you are unable to make the best calls for your business in 2017.
Despite having spent years and countless millions on optimising their operations, 61% of companies (according to the Economist’s Intelligence Unit) find themselves frustrated with the same problem. They have difficulty executing short and mid-term strategy and fail to reach their strategic objectives because of gaps in their organisation.
This whitepaper by EFESO Consulting focuses on how to build a fit-to-win organisation focusing on the parallels between corporate fitness and human fitness. Learn “6 Holistic Steps to a Fit-To-Win Organisation” and start the journey to greater stamina, strength, and agility.
The TBM Management System is a disciplined, systematic approach that helps organizations achieve their strategic objectives through enterprise-wide alignment and cross-functional problem-solving. The system leverages monthly, weekly, daily, and hourly monitoring to increase employee engagement and provide real-time feedback and corrective actions.
As markets grow more competitive and business pressures increase, executives are facing a significant new challenge: how to improve performance, sustain their progress and successfully realize their strategic goals, often with little or no additional resources to support their efforts.
Find out more about how the TBM Management System has been implemented in several organizations to date, creating improved visibility of strategic objectives and empowering employees to think and act on their own in order to achieve them. Read more in the full white paper below: