Skip to content
Resilic Logo
  • Solutions
        • Solutions

          • EventWatchAI
          • RiskShield
          • Multi-Tier Mapping
          • CommodityWatchAI
          • Supplier Assessment Library
        • Data Marketplace

          • Autonomous AI Mapping
          • Resilinc Disruption Vulnerability Index
          • R Score
          • Supplier Screening
          • Application Programming Interface (API)
        • Services

          • Advisory Services
          • Data and Intelligence Services
        • Elevate your Supply Chain Risk and Resiliency Program

          Schedule Demo
  • Use Cases
        • By Industry

          • Aerospace, Defense, Government
          • Automotive and Industrial
          • Healthcare & Life Sciences
          • High-Tech & Semiconductor
        • By Role

          • Supply Chain Risk & Resiliency Program Managers
        • By Business Need

          • Business Continuity Planning
          • Uyghur Forced Labor Prevention Act (UFLPA)
        • Elevate your Supply Chain Risk and Resiliency Program

          Schedule Demo
  • Resources
        • Learning Center

          • Blog
          • Case Studies
          • Event
          • On Demand Webinars
          • White Paper & Reports
        • Connect

          • Schedule Demo
          • Request Pricing
        • Special Reports

        • Special Report
        • Find valuable resources for managing supply chain disruptions in our Special Reports section.

        • Elevate your Supply Chain Risk and Resiliency Program

          Schedule Demo
  • Company
          • About Resilinc
          • Partners
          • Careers
          • Resilinc In the News
          • Press Releases
          • The Risk Game
        • Elevate your Supply Chain Risk and Resiliency Program

          Schedule Demo
  • Pricing
  • Contact
Login
Schedule Demo
Resilic Logo
  • Solutions
    • Solutions
      • EventWatchAI
      • RiskShield
      • Multi-Tier Mapping
      • CommodityWatchAI
      • Supplier Assessment Library
    • Data Marketplace
      • Autonomous AI Mapping
      • Resilinc Disruption Vulnerability Index
      • R Score
      • Supplier Screening
      • Application Programming Interface (API)
    • Services
      • Advisory Services
      • Data and Intelligence Services
  • Use Cases
    • By Industry
      • Aerospace, Defense, Government
      • Automotive & Industrial
      • Healthcare & Life Sciences
      • High-Tech & Semiconductor
    • By Role
      • Supply Chain Risk & Resiliency Program Managers
    • By Business Need
      • Business Continuity Planning
      • Uyghur Forced Labour Prevention Act (UFLPA)
  • Resources
    • Learning Center
      • Blog
      • Case Studies
      • Events
      • On Demand Webinars
      • White Papers & Reports
    • Connect
      • Schedule Demo
      • Request Pricing
    • Special Reports
  • Company
    • About Resilinc
    • Partners
    • Careers
    • Resilinc In the News
    • Press Releases
    • The Risk Game
  • Pricing
  • Contact
  • Login
  • Schedule Demo
Menu
  • Solutions
    • Solutions
      • EventWatchAI
      • RiskShield
      • Multi-Tier Mapping
      • CommodityWatchAI
      • Supplier Assessment Library
    • Data Marketplace
      • Autonomous AI Mapping
      • Resilinc Disruption Vulnerability Index
      • R Score
      • Supplier Screening
      • Application Programming Interface (API)
    • Services
      • Advisory Services
      • Data and Intelligence Services
  • Use Cases
    • By Industry
      • Aerospace, Defense, Government
      • Automotive & Industrial
      • Healthcare & Life Sciences
      • High-Tech & Semiconductor
    • By Role
      • Supply Chain Risk & Resiliency Program Managers
    • By Business Need
      • Business Continuity Planning
      • Uyghur Forced Labour Prevention Act (UFLPA)
  • Resources
    • Learning Center
      • Blog
      • Case Studies
      • Events
      • On Demand Webinars
      • White Papers & Reports
    • Connect
      • Schedule Demo
      • Request Pricing
    • Special Reports
  • Company
    • About Resilinc
    • Partners
    • Careers
    • Resilinc In the News
    • Press Releases
    • The Risk Game
  • Pricing
  • Contact
  • Login
  • Schedule Demo
  • Solutions
    • EventWatchAI
    • RiskShield
      • Supplier Assessment Library
      • Business Continuity Planning
    • Multi-Tier Mapping
      • Resilinc Supplier Network
    • Autonomous AI Mapping
    • CommodityWatchAI
    • Data Products and Offerings
    • Supply Chain Risk and Resiliency
      • Advisory Services
      • Data and Intelligence Services
  • Industry
    • Aerospace and Defense
    • Automotive & Industrial
    • Healthcare & Life Sciences
    • High-Tech & Semiconductor
  • Pricing
  • Resources
    • Learning Center
    • Special Reports
    • Events
    • Developer API
  • Company
    • About
    • Partners
    • News
  • Contact
  • Blog
  • Careers
  • Demo
  • Login
  • Customer Hub

Home / Blogs / Snapshot: Recent Supply Chain Events in Life Sciences & Biotech Industries

supply chain disruption

Snapshot: Recent Supply Chain Events in Life Sciences & Biotech Industries

Oct 23, 2015

Wayne Caccamo

Uncategorized

We just prepared a report for Rx-360 leadership on potential supply chain disruption events over a recent three-and-one-half week period of time. The supply chain events were all detected and reported by our 24/7 EventWatch® global event monitoring and analysis service. I thought I would share some data we rolled up over this “snapshot” period of time. It sheds some light on the frequency and diversity of types of events that hit the life sciences and biotech global supply chains every day.

For those of you who are not familiar with Rx-360, it is a not-for-profit consortium led by volunteers from the Pharmaceutical and Biotech industry including both manufacturers and suppliers. The purpose is to enhance the security of the pharmaceutical supply chain and to assure the quality and authenticity of the products moving through the supply chain.

The EventWatch® team issued 53 potential life sciences and biotech industry-specific disruption event bulletins over a 24 day period starting on September 23 and ending on October 16. That’s a little over 2 (2.2) potential disruption events per day. All events included were determined to be relevant to life sciences and biotech from a supply chain business continuity perspective, although some clearly have a more direct impact.

Over that period, there were no events with a “severe” disruption potential. There was only one that was given a “high” disruption potential: Fire Reported at Braskem Plant in Sao Paulo Brazil (10/15/2015).  There were 32 “Moderate” and 20 “Low” potential impact events.

The 53 events could be categorized into 18 types. We actually track over 30 types and the 18 types could be broken out into more granular categories, but to simplify the discussion for the purposes of this blog post, the specific categories were as follows:

rx-360-supply-chain-disruption-snapshot

As you can see, Severe Weather Events and M&A/Splits were by far the most common events, followed by Labor Strikes and Factory Fires. The top 4 categories accounted for 62% of the events. The weather-related events can be expected to spike since this is “hurricane” season in many geographies. The plethora of mergers, acquisitions, and divestitures in the life sciences and biotech industry during this reporting period is noteworthy. We typically see factory fires and labor strikes (although to a lesser extent) to be a major source of disruptions across all industry supply chains. The rest of the event profile consists of a large number of event categories (14) with a small number of incidents (1 or 2).

The number and diversity of events makes it very difficult for companies to monitor on their own without a dedicated 24/7 team with access to all traditional and social media channels and the ability to track events reported in all major languages.

But, it’s not enough to just detect and monitor events. You need a process and analytic technology that connects the dots between events and the impact to your specific suppliers, sites, parts, and value-at-risk. This enables you to respond rapidly, mitigate further risk, minimize time-to-recovery, and even turn the threat into an opportunity to gain a competitive advantage.

Leading global brands and OEMs in the life sciences, including several Rx-360 member companies, high-tech, automotive, and other industries rely on the EventWatch® supply chain event monitoring service in combination with the Resilinc SCRM solution suite to maximize business continuity and gain a competitive edge.

{{cta(‘7e16606c-007f-4d3c-ba60-2ee468bd39b2’)}}

Resilinc Annual Report 2022 - Turbulence

Whitepaper

Cutting-edge Insights from Resilinc's Annual Report 2022

Be Prepared with the Latest Trends and Exclusive EventWatchAI Data to Step Up Your SCRM

Download Now

Recent Posts

Q&A with 2023 Women in Supply Chain Winner Beth Cook

As the DSCSA Compliance Date Nears, are Pharmaceutical Supply Chains Ready?

Top 5 Aerospace Industry Supply Chain Disruptions of 2023

Panama Canal Drought: Lower Water Levels, Higher Supply Chain Risk

China’s Export Restrictions on Germanium and Gallium  

4 Ways to Develop a Demand-Responsive Supply Chain

Top 10 Supply Chain Disruptions: 2023 Midyear Recap

The EU Deforestation Regulation (EUDR): What You Need to Know

About Resilinc

We’re the world’s leading supply chain monitoring, mapping, and resiliency solution. Over 100k organizations partner with us to take their SCRM programs from reactive to resilient.
Request Demo

Recent Blogs

Loading...
Q&A with Resilinc's Beth Cook 2023 Women in Supply Chain Winner
Sep 19, 2023
5 MIN READ
Resilinc Editorial Team

Q&A with 2023 Women in Supply Chain W...

Supply & Demand Chain Executive just announced the Women in Supply Chain award winners—and Resilinc’s...
Customer success, Supply chain management
A variety of colorful pharmaceuticals.
Sep 12, 2023
3 MIN READ
Resilinc Editorial Team

As the DSCSA Compliance Date Nears, a...

Supply chain shortages have led to frustration at the pharmacy counter for many this year....
Healthcare, Human Health, Supply Chain Resilience
A picture of an airplane flying through a storm.
Sep 05, 2023
5 MIN READ
Resilinc Editorial Team

Top 5 Aerospace Industry Supply Chain...

The aerospace industry has recently seen increased demand for air travel, gradually returning to pre-pandemic...
Aerospace, Eventwatch
Read All Blogs

Who's in your supply chain?

Better visibility starts now

Email Now|Call Now|Chat Now

Receive our monthly NewsWatch digest

Subscribe
Resilinc Logo

Most Trusted, Cognitive Supply Chain Risk Management Platform

Solutions

Blog

Careers

Company

  • About
  • News
  • Events
  • About
  • News
  • Events

Resources

  • White Papers & Reports
  • Case Studies
  • On-Demand Webinars
  • White Papers & Reports
  • Case Studies
  • On-Demand Webinars

Follows Us

Facebook-f Twitter Linkedin

Sales: [email protected]
Support: [email protected]
Partnerships: [email protected]

Resilinc Logo

Most Trusted, Cognitive Supply Chain Risk Management Platform

Company

  • About
  • News
  • Events
  • About
  • News
  • Events

Resources

  • White Papers & Reports
  • Case Studies
  • On-Demand Webinars
  • White Papers & Reports
  • Case Studies
  • On-Demand Webinars
  • Solutions
  • Blog
  • Careers
  • Solutions
  • Blog
  • Careers

Follows Us

Facebook-f Twitter Linkedin

Sales: [email protected]
Support: [email protected]
Partnerships: [email protected]

© 2023 Resilinc Corporation. All rights reserved.

Data Security

Privacy Policy

Can Reshoring Stabilize the Semiconductor Supply Chain?

Learn more in our in-depth report about disruptions impacting reshoring growth, the semiconductor workforce gap, and actionable risk mitigation strategies.

           Download Now