Date Added: Dec 2009
The business value of supply chain visibility for life sciences organizations is simple: it helps one to understand their company's performance. It leads them to take action on recent information, and creates a common context for decision-making across every department and at every level. For life sciences companies, the value of supply chain visibility goes beyond better insights into financial performance; it allows organizations to gain clearer insights into product safety and regulatory compliance issues. Planning and Business Intelligence (BI) are an integral part of performance and regulatory compliance strategy management.