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Knowing this, who wants a job in supplychain planning when you just finished your degree? How can supplychain attract the best talent when all you do is tying data together? Keeping a supplychain and company strategy intact and relevant in this environment is the main challenge in this new normal.
It also requires a clear understanding of the environment in which the organization operates, so scenario planning must go extend beyond the enterprise to encompass value-chain dynamics and end-to-end supplychainresilience. Decisions from an IBP meeting need to be made in the light of the company’s vision and strategy.
Under the Drug SupplyChain Security Act , any company selling pharmaceuticals in the U.S. market will have to be fully compliant with product tracing requirements (which were phased in starting in 2015) by 2023. To combat these issues, health and pharma need supplychain visibility—all the way down the supplychain.
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