Challenge: In late summer 2017, a large pharmaceutical company found its supply chain threatened by three hurricanes and an earthquake. As a manufacturer of medicines for neurological diseases, the company was under governmental and commercial pressure to avoid disruption from four significant events occurring in quick succession.
Solution: In advance of each event, the client was able to leverage our suite of intelligence solutions — which include supply chain mapping, 24/7 event monitoring and scenario modeling — to forecast potential supplier-impacts and respond proactively. The resulting actions included expedition of critical materials away from impact zones and forward ordering from suppliers unaffected by the events.
Results: The company averted shortages in the supply of materials essential to pharmaceutical manufacture, and it was able to operate normally and use learning from the disasters to launch cross-functional playbooks. These playbooks are incorporated on our platform to serve as guidance for managing future disruptive events.
About the Solution Provider: Resilinc helps CEOs and Chief Supply Chain Officers transform supply chain risks into opportunities for competitive advantage. Companies access advanced multi-tier mapping and deep supplier intelligence through Resilinc’s platform. Industry leaders rely on Resilinc to predict potential supply chain failures, and protect revenue attainment despite supply chain disruptions worldwide.
Timely, incisive articles delivered directly to your inbox.