Discussing supply chain risk and security as a business led journey, Roddy Martin, chief digital strategist at TraceLink, explains the five stages of its evolution.
Discussing supply chain risk and security as a business led journey, Roddy Martin, chief digital strategist at TraceLink, explains the five stages of its evolution to Pharmaceutical Technology:
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"Stage 1. Reacting to risk and security problems after the fact.
Stage 2. Specialized security and risk management projects; for example, track and trace/serialization.
Stage 3. Supply chain risk and security are a functional excellence capability; for example, risk and security requirements are codified into all work within functions like manufacturing, procurement, logistics, and so on.
Stage 4. Supply chain and risk are codified as core ‘this is how we work’ requirements in all horizontal, end-to-end, and cross-functional processes from the patient all the way back through the business into all elements of supply.
Stage 5. Risk and security capabilities are embedded into and across the total ecosystem and network both internal and external to a company; the core capability is that product integrity, availability, and patient safety are regarded as a given. In stage 5, risk and security are both driven as value based capabilities rather than seen as a cost.”
Article Details
Pharmaceutical Technology Vol. 43, No. 6 June 2019 Page: 45
Citation
When referring to this article, please cite it as F. Thomas, “Supply Chain Risk and Security Maturity Evolution,” Pharmaceutical Technology 43 (6) 2019.