Join us the day before the FDA/Xavier PharmaLink conference sessions, for Breakthrough Supply Chain Performance, facilitated by authors of the newly-released Good Supply Practices for the 21st Century, Troy Fugate (Compliance Insight), Neil Lewis (P&G), and Marla Phillips (Xavier University), Tuesday, March 12, 2019, from 8am-4pm, at Xavier University.
Through a key paradigm shift discovered by a team of FDA and industry team members, the Good Supply Practices (GSPs) attack the true root cause of the supply chain failures your organization has experienced! You now have the power to reduce your organization’s global supply chain disruptions and can advance your career by protecting your organization and the patients you serve. Increase the value of your organization through practical right-first-time that are being used around the world!
Did you know:
Your organization has either unknowingly caused, or could have prevented, every supply chain failure experienced.
It is likely that you only know 15% of your supply chain, leaving you 85% exposed to risk that puts your organization and patients in grave danger.
63% of EMEA companies have experienced supply chain disruptions in the past 12 months that have taken an average of 2.1 months to recover from and has cost $550,000.
60% of product losses are due to the impact of raw material variability on final product performance.
The Good Supply Practices (GSPs) provide you and your organization pragmatic, effective and sustainable tools to overcome global supply chain challenges and reduce potential disasters caused by global supply chain failures. Increase the success of your business through the GSPs by effectively balancing the often-paradoxical priorities of increasing patient safety, reducing risks, optimizing capacity, increasing product quality, and reducing end-to-end cost in a way that is commensurate with the need.
Powerful Toolbox of Practical Resources
Each participant will receive electronic tools they can use immediately to effectively implement the Good Supply Practices in their organization in a way that makes sense for their products and their business:
Cross-Functional Team Formation Scoring Mechanism
Supply Chain Risk Management Triage Flowchart
Material Risk Scoring Mechanism
Supplier Requirements Scoring Mechanism
Communication Strategy Tool
Holistic Supplier Qualification
Relationship Risk Mapping
Learn from the Experts who Developed the GSPs
You will understand why supply chain failures occur and the how to prevent those failures from happening across your global supply chain from the experts who developed the Good Supply Practices. This workshop will provide hands-on experience with electronic tools developed by a team of FDA officials and industry experts through the following modules:
Setting the Foundation
Understand the underpinning paradigm shift that will lead you down a path of establishing a right-first-time supply chain. An overview of discovery will be shared to provide the foundation of “why” needed to effectively implement the Good Supply Practices.
First Things First: Establishing the Right Cross-Functional Teams
The key to success for your supply chain is to gain cross-functional alignment on the key decisions regarding your product and supplier requirements. Learn a powerful methodology to establish the right cross-functional team for your company and product, which often leads to surprising discoveries that are historically missed. This practical and easy-to-use tool will support your success.
Self-Qualification: Addressing True Root Cause to Your Supply Chain Failures
Module of the Good Supply Practices discovery is the role your own practices have in the failure of your suppliers.In an effort to address true root cause, this self-qualification process provides meaningful insight on which of your practices might be undercutting your own success. You will be given this powerful tool for immediate use within your company to ensure your supply chain is successful.
Internal Alignment on Material Requirements: Understanding your Product so Your Supplier Can Support Your True Needs
Through the Good Supply Practices development, it was recognized that companies often do not understand their own product well enough to know what requirements are needed for each material. This material requirements tool will support your ability to work cross-functionally to identify what you believe is critical to your end product. This process will improve your ability to identify the best supply chain partner throughout the lifecycle of the product.
Internal Alignment on Supplier Requirements: Convergence for a Powerful Outcome
Suppliers have often commented that various functional groups from their clients contact them with disjointed and contradictory demands. The Good Supply Practices include a process for cross-functional alignment on the relative importance of a succinct and robust list of supplier requirements in order to identify the most appropriate supply chain partner for the product and overall business. The power of convergence leads to respectful and sustainable supply chain partnerships end-to-end for ultimate product and patient success.
Communication Strategy for Partnership Strength and Success
Communication is the key to a successful partnership, but do we know what to communicate, when to communicate, and why we are communicating? Prepare your communication strategy such that your business is protected, your supplier is respected, and the appropriate information is communicated to someone who has the responsibility and authority needed to make timely decisions.
Holistic Supplier Qualification, For Every Supply Chain Situation
Making supply chain decisions based on partial information leads to a lifecycle of dreaded discovery. Your company can be set for success through a holistic supplier qualification process based on the outcome of internal alignment on material and supplier requirements, supplier engagement, and verification activities. Understanding how to manage the outcome is a sign of a mature supply chain process—qualified, qualified with restrictions and why, and how/when to disqualify.
Relationship Risk Mapping and Final Supplier Selection
Only through an understanding of self and supplier strengths and weaknesses can the best supply chain partner be identified for the needs of your company and the product at hand. Overlaying a map of strengths and weakness from both entities enables you to determine which risks are acceptable, and which risks need to be mitigated—and how. Don’t miss this opportunity to view your supply chain partners in a way you have never seen before, and one that leads to informed supply chain decisions.
The Breakthrough Supply Chain Performance, Tuesday, March 12, 2019, from 8am-4pm, is $850 and only $685 when you also register for FDA/Xavier PharmaLink conference. For complete information on planning your trip to the workshop, click here.