Transforming Life Sciences and Pharmaceutical Supply Chains

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Transforming Life Sciences and Pharmaceutical Supply Chains
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Learn how Gartner is helping to optimize, reinvent and improve the supply chains of the life sciences and pharmaceutical industries to achieve sustainability.

The industry’s supply chain leaders don’t respond to change, they anticipate it

Recent disruptions — including manufacturing consolidation, climate events, and economic and political upheaval — are drivingto be reactive to backorders and recalls of essential medical products. This increases the total healthcare supply chain cost to serve, which already averages 37.3% of the total cost of patient care. Supply chain leaders in life science industries must invest in longer-term solutions that provide business continuity while maintaining profitability.

Fewer than half of life science supply chains use technology to calculate how different scenarios would impact their goal outcomes in a decision.

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