What Happened
New Paradigm Needed for Industry to Keep Pace with Innovation
The life science industry is innovating at an unprecedented pace, but its supply chains are struggling to keep up. A new white paper from supply chain consultancy AIM suggests that a new paradigm is needed, one that shifts from defense to offense and focuses on strategic integration and value creation. The current business environment is characterized by a double challenge: therapeutic innovations are stronger than ever, yet profit margins are under pressure. To master this new environment, supply chain leaders must take a more strategic role and move beyond traditional operational metrics. This was reported by Consultancy.eu.