Managing Supply Chain Risks for the Pharmaceutical Industry
While new regulations and compliances complicate pharma supply chains, Avetta simplifies the scene with one centralized system. There companies can manage potential risk areas—reducing administrative burden and costs.
How Avetta helps the Pharmaceutical Industry continue life-saving innovations while managing risk
A patchwork of regulations, contractors and complexity
Contractors and other vendors come and go, and regulations are constantly changing, making it hard to keep up.
Supply chain technology that brings everything together
Avetta centralizes and streamlines Supplier management in a state-of-the-art platform, while sharing the burden of changing regulations and a complex network of supply chain risks.
With complexity comes a growing amount of risk
Reliance on outsourcing is rising
Outsourcing is increasing due to the uptake in demand, which can place inexperienced contractors at the forefront. If products are defective or labels incorrectly applied, it will be your organization who is responsible.
Inconsistency leads to incidents
Pharma companies must manage diverse processes to bring a drug to market. Having any inconsistencies in product development, paperwork and even contractors and suppliers can lead to damaging repercussions.
Development and distribution
New and complex delivery processes can create challenges. As you increasingly rely on external partners for transportation, inventory management, packaging and more, it’s easy for incidents to disrupt the flow of distribution.
Regulating your regulatory compliance
Being uncompliant with governmental regulations can drastically affect your bottom line. With the potential of penalties, fees and lawsuits, your organization needs the assurance that comes with contractor compliance.
Is there hidden risk in your supply chain?
Get a free risk assessment from Avetta.
Creating stronger supply chains across the globe
Reduce risk with simple solutions
Complete visibility into supplier risk
Avetta helps shed light on hidden areas of risk. You’ll be able to track things such as supplier financial stability, the sustainability principles of subcontractors and more. This gives you the whole picture of who’s involved and what effect they have on your supply chain.
Expect consistent compliance
Our services help ensure compliance with every project. With our contractor management software, we verify that the temporary workforce you employ has all of the necessary training and certifications for the work they are assigned.
Win with distribution
Ensuring distribution success means having a strong supplier base you can trust. Avetta helps you find the missing parts to your distribution line—with over 100,000 suppliers internationally, we can help you distribute to new markets with ease.
Untangle regulatory obstructions
Partnering with Avetta will get you a dedicated team of professionals who verify that the contractors you employ are properly trained and certified according to yours and industry standards.
Find Pharmaceutical Suppliers on the Avetta Network
The Avetta platform provides access to a roster of industry-leading professionals, vetted and verified to meet your team’s standards.
