SAP Briefing Note
By Daniel R. Matlis
Globalization and outsourcing have increased the volume of geographically dispersed partners, facilities, and suppliers in the Life-Science global supply chain. This has resulted in increased supply chain risk and decreased predictability due to variability and complexity and increasing the impact of ‘Black Swan’ events on the healthcare ecosystem.
Axendia’s research shows that Life-Sciences companies are making the transition to ‘Smart Sourcing’ to achieve visibility control and collaboration beyond the corporate four walls across into their Value Network.
Re-imagining Supply Chain Collaboration
To support re-imagined supply chain collaboration, SAP is expanding its offerings to the Life Science industry building on the strength of its Ariba supplier network to support multiple sourcing strategies, as well as the underlying procurement business processes.Continue reading