BSI Supply Chain Solutions | 2016
Pharma Tech Outlook

Pharma Tech Outlook

BSI Supply Chain Solutions
Holistic Risk and Compliance Management Solutions

BSI Supply Chain Solutions: Holistic Risk and Compliance Management Solutions

CIO VendorDan Purtell, SVP
Today’s pharmaceutical organizations rely on intensive supply chain processes in-order to deliver high quality services and products for customers. Nevertheless, the supply chain processes are frequently susceptible to the issues of product counterfeiting, non-compliance with corporate and government security policies, Good Manufacturing Practices (GMP) regulations, and safety hazards. “It becomes imperative for the pharmaceutical companies to implement risk management and supply chain verification strategies to ensure 360 degree compliance in their global operations,” begins Howard Kerr, CEO, BSI Supply Chain Solutions. “The firms should also utilize geographic and supplier specific risk data and analysis, to proactively identify and mitigate threats before they evolve.” Scottsdale, AZ, based BSI Supply Chain Solutions ensures that pharmaceutical organizations are empowered on both the aspects.

BSI provides a holistic, web-based risk and audit management tool, Supplier Compliance Manager (SCM) that enables pharma organizations efficiently analyze supplier compliance and risk to ensure the protection of global supply chain operations. The solution associates BSI’s supply chain intelligence with enterprise global supplier operations to enable users to map, track and mitigate top threats of their supply chain entities. “Our SCM tool is based on a simple idea that supply chain and operational risks are predictive,” says Kerr. SCM achieves such capability by automating the self-assessments, internal and external audits to proactively spot compliance risks. For instance, Cardinal Health, a healthcare services company, capitalized on the prowess of SCM tool to evolve their international supply chain security program. The client utilized SCM module to automate the supplier questionnaire and hence attain effectiveness and security over supply chain operations.


Our SCM tool is based on a simple idea that supply chain and operational risks are predictive


“The ultimate motto of our SCM tool is to ensure pharma industries gain holistic understanding of supply chain risks,” asserts Kerr.

Besides protecting integrity of clients’ supply chain through the SCM tool, the company delivers a Supply Chain Verification Auditing Service, VerifEye that infuses audits with BSI’s proprietary risk data and analysis to offer comprehensive risk-based audit reports. “Our intelligence enriched audits help our clients with the information they need to better understand who their suppliers are and how are they operating,” he affirms. All along, the company’s knowledgeable in-country auditors verify the suppliers’ business information, policies and procedures being aligned to the organizations’ mission and objectives. This unique methodology enables enterprises to stay assured that their suppliers are not exposing the brand to vulnerable risks.

The compliance strategies offered by the company acts as a guide-light for thousands of organizations—both large and small and across a wide range of industry sectors—and assists them to perform better, reduce risks and realize sustainable growth. With an intention to strengthen the foothold over support services, the company goes to provide extensive range of advisory and training services to help the firms realize critical interdependencies of supply chain risks along the entire product journey. “Our tailored advisory services lets an organization understand where the risks lie, and apply a course of action that fortifies their supply chain,” evinces Kerr.

Armed with right capability and clarity to bolster the pharmaceutical space with rich compliance solutions, BSI endures to mitigate business risk at every point of the value chain. “We will continue to channelize over 100 years of our experience towards empowering the clients to understand global supply chain and compliance management with unequaled precision.”

Top 10 Pharmaceutical Compliance Solution Providers 2016

Company
BSI Supply Chain Solutions

Management
Dan Purtell, SVP

Description
Delivers supply chain intelligence and risk management solutions to seamlessly identify, analyze and manage global supply chain operations and risks