Pharmaceutical and medical device supply chain concerns
Pharmaceutical and medical device products are prone to a number of supply chain disruptions that increase costs, create potential patient safety issues, and damage brand reputation. Pharmaceutical and medical device supply chains across the globe continue to be subject to alarmingly high levels of theft, product counterfeiting and supply chain integrity concerns. To protect consumers from faulty devices and imitation drugs, companies must know where the risks lie within their supply chain and how to mitigate them. It’s also important that the pharmaceutical and medical device companies have complete visibility into their suppliers’ practices to make sure they follow appropriate health and environmental practices and remain compliant with security policies, GMP regulations, EHS requirements, and other company specific requirements.