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Life Sciences: The Power of Supply-Chain Leadership in Today’s Market
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media
Evolving regulatory environments, shifting customer demands, market disruptors, and pricing challenges are changing the life sciences industry. In this new era, where value creation is no longer only about the products, life sciences companies are placing an increased emphasis on building a strong supply chain via both infrastructure and talent, according to executive recruiters. “For CEOs and investors, it’s become critical in today’s market to have executive leaders capable of advancing supply-chain operations, implementing technologies, growing partnerships, and mitigating vulnerabilities,” said a new report from JM Search’s Bob Reitinger, William Farkouh, and Jen Valciukas.
“To accomplish this, life sciences businesses are assessing and requiring the following key skills when hiring supply-chain leaders within their organization,” the study said.
Dual Sourcing & Quality Control
In 2020, the JM Search report says, businesses experienced sudden shortages and delayed or stalled product
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