Expanding into global markets offers exciting opportunities for businesses to reach new customers, tap into new revenue streams, and fuel long-term growth. However, succeeding in international markets requires more than just a great product—it requires a strategic approach to logistics and supply chain management. Here we explore actionable strategies for enhancing global market reach through […]
Cold chain management plays a pivotal role in maintaining the integrity and efficacy of temperature-sensitive pharmaceutical products throughout the storage and distribution process. As pharmaceutical companies strive to meet cGMP requirements and ensure product safety, advancements in cold chain technologies are driving significant improvements in storage and distribution practices. Here are the latest innovations in […]
Expanding your business globally can be a game-changer, offering access to new markets and opportunities for growth. However, successful global expansion requires effective international logistics strategies. From navigating customs regulations to optimizing transportation routes, international logistics plays a crucial role in facilitating seamless operations across borders. In today’s interconnected world, businesses must navigate a myriad […]
Starting in late 2022 through 2023, the biotech industry has faced some challenges, with startups grappling with funding shortages and a downturn in investor interest. However, a recent article from Stat News brings a glimmer of optimism, highlighting the resurgence of biotech startups in the fundraising arena. The article, titled “Biotech Startups Post Strongest Financing […]
In the growing landscape of pharmaceutical and biotech manufacturing, CDMOs are often challenged with finding sufficient warehouse space when increasing production. Faced with this critical need, manufacturers have two options: Build Additional Infrastructure: A huge commitment in both time and money Outsource to a Third-Party Warehouse Provider: Quick, less costly, and becoming the new industry […]
Centralized Transportation Planning: By centralizing transportation planning, businesses can coordinate shipments more efficiently, optimize routes, and reduce transportation expenses. This approach allows for consolidating shipments and capitalizing on economies of scale, resulting in significant efficiency and cost benefits in international logistics. Real-Time Visibility and Tracking: Implementing advanced real-time tracking and visibility systems provides businesses with […]
In the highly regulated pharmaceutical sector, adhering to current Good Manufacturing Practices (cGMP) is crucial for ensuring the safety, efficacy, and quality of drugs. This detailed guide outlines the pivotal strategies for maintaining cGMP compliance during the storage and distribution phases of the pharmaceutical supply chain. Understanding cGMP Regulations cGMP standards dictate the manufacturing, storage, […]
In the complex landscape of global trade, the choice of logistics provider is crucial for manufacturers looking to navigate international markets efficiently. While larger logistics companies, or “big box” providers, might seem like the default option, there are compelling reasons to consider mid-to-small size international logistics providers, especially those equipped with in-house US Customs Brokerage […]
Innovation in technology is driving significant advancements in the storage and distribution of pharmaceutical products in compliance with current Good Manufacturing Practices (cGMP). From sophisticated temperature monitoring systems to blockchain-based traceability solutions, new technologies are revolutionizing cGMP storage and distribution processes. Here are four ways how innovations in technology are transforming the pharmaceutical supply chain […]
In today’s global economy, efficient supply chain management is vital for manufacturers seeking to thrive in the competitive marketplace. From sourcing raw materials to delivering finished products to customers worldwide, optimizing supply chain efficiency can drive profitability and sustainability. Manufacturers need strategies for maximizing efficiency in global supply chain management to overcome challenges and achieve […]