The association BSMA Europe has the ambition of bringing the industry to the next level by enhancing collaboration through peers.
Life Sciences Supply chain topics have become more and more important and complex in the recent years. With a growing market, those challenges also turn global.
In 2018, pharma market was of 1,18 trillion $ among which 307 billion for cold chain products
In the future the role of supply chain will evolve. Digitalization has become an important challenges for supply chain teams and recruiters. Profiles and skills have to adapt to a constantly changing world. In 2030, 3D printing may also require pharma companies to rethink their supply chain
The complexity of the market is increasing – personalized medicine is an example but we state that the number of SKU’s has increased of 52% of 10 years. We also notice new routes, new destinations.
Regulatory environment is also more complex. New regulations are coming – IDMP, GDP, IATA CEIV, Serialization have been some examples of the last years.
Political risks have come a daily challenges for supply chain leaders in order to adapt and prevent from unexpected changes.
In this context, Supply chain need to be agile and to foster innovation and creativity. The role of an association is also to promote and enhance those aspects.
By creating an association, we want:
To build a community of high skilled Life Sciences supply chain professionals with management responsibilities who will exchange on topics with clear output and results
To cover a large field of supply chain related topics & challenges. With a good representation of countries and subsectors
Through BSMA Europe, to tackle specific aspects which are linked to the European market while having a global reach (BSMA USA – India, global interactions
To provide participants from peers consulting. Making the sector advance to the next level by collaboration
This association has many outputs and bring benefits to many actors of the value chain
First and this is at the heart of our mission – for the patient – improve supply chain efficiency brings the industry to the next level. By improving the supply chain quality, reducing risks, helping some unprotected populations to have a better access to medicine and mastering all supply chain aspects we believe we help to save more lives.
It also allows industry leaders to share experience and improve their supply chain but also medium actors or start-ups to benefit from others’ experience. Tomorrow’s unicorns will have to grow through various steps in which establishing a robust supply chain.
Improvement of processes (e.g. risk management), use of new equipments, IT systems and procedures
Sharing of information and « watchcenter» – dedicated information available for members
Think thank and anticipation of changes and evolutions: « One voice» and vision
Network with peers
Offer a global perspective to members and the community