Challenges Outside the
While the global economic crisis may directly impact suppliers within your supply
chain, it also may explain an increase in the
threat of economically motivated adulteration of products within that chain. This
practice, involving the fraudulent, intentional substitution or addition of a material
in a product for economic gain, can occur
at any point in the supply chain, or directly
in the marketplace. There are numerous
documented cases of counterfeit medical
devices in circulation around the globe.
Taking (Back) Control of Your
Complex Global Supply Chain
As mentioned above, the key to effective
supplier control is evaluation and data—the
data side being largely dependent on effective evaluation. Therefore, an effective evaluation program will provide the foundation
for a supplier quality management function
that keeps pace with a complex supply
chain. As such, you should expect to run the
evaluation program as efficiently and effectively as any other critical part of the organization. To accomplish this, many companies
need to revisit areas of planning, staffing, execution, closeout, continuous improvement,
optimization, outsourcing, data sharing, automation and sharing of responsibility.
Planning and Staffing
Effective planning and staffing will address
the challenges of matching resources with
requirements, and making the most of your
best supplier quality people. Planning must
be a reflection of strategic and business
goals, and should be aligned with dependent business areas, such as supply management and information technology (IT).
For example, improved supplier quality
agreements will require support from supply management, and a more“connected”
supply base will require support from IT.
One key strategic goal should be the collaboration between the supplier quality efforts of separate parts of the company.
With suitable goals in place and effective collaboration of supplier quality efforts, it is possible to develop a better
picture of the supplier evaluation resources
required to meet business and regulatory
commitments. Good planning is dependent on good data (see data sharing and automation below). Better data will allow you
FEATURE: Supply Chain
An effective evaluation program
will provide the foundation for
a supplier quality management
function that keeps pace with
a complex supply chain.
Please join us for MassMEDIC's Annual Conference – the premier networking and
informational event for the region's medtech community! Innovation in a Changing
Environment will be the focus of this year’s annual conference. We've re-designed
the format for this meeting, with a morning reception to enhance your networking
opportunities. Presentations and speakers include:
• The State of Med Tech Innovation in An Era of Change: Dealing With Economic,
Policy and Cost-Containment Pressures Sharad Rastogi, Director, PRTM
• What's Your Med Tech Company's Innovation IQ?
Bob LaVoie, L.E.K. Consulting
• Entering the Med Tech Space? Challenges & Opportunities
Tod Loofbourrow, President, Life Sciences, iRobot
• What Does 'Innovation' Mean in the Evolving Med Tech Landscape
Scott Bruder, M.D. Senior Vice President and Chief Technology Officer, BD
• Innovation in a Cost-Conscious Environment
John Abele, Co-Founder and Director, Boston Scientific Corporation