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Guest: Michael Needham of Efficio on restoring pharmaceutical manufacturing to the U.S.; The latest LMI measure on the health of the industry; How safety programs are lowering injuries but seeing higher costs

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Manage episode 487261455 series 2762492
Content provided by AGiLE Business Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AGiLE Business Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Our guest on this week's episode is Michael Needham, principal procurement & supply chain at Efficio Consulting. Among the flurry of executive orders issued recently by the White House is one aimed at restoring pharmaceutical manufacturing capabilities here in the U.S. Currently most drugs and ingredients are manufactured in China and India. How will such a move affect supply chains? Our guest offers his views on what can be manufactured here easily and what could be more difficult.

Measuring the health of our supply chains, the Logistics Manager’s Index came out on Tuesday, showing an expansion in logistics activity in May. Logistics expanded for the second straight month, marked by a mix of slowing inventory levels and rising costs across the board, researchers said. We look at the specific numbers and what they mean.

This week we saw a study on workplace injuries. This report came from the Travelers Companies. It found that the number of workplace injuries overall continues to decline, although the costs associated with them are climbing. We dive into some of the details of the report and how emphasizing safety can affect the workplace.

Supply Chain Xchange also offers a podcast series called Supply Chain in the Fast Lane. It is co-produced with the Council of Supply Chain Management Professionals. All episodes are available to stream now. Go to your favorite podcast platform to subscribe and to listen to past and future episodes. The podcast is also available at www.thescxchange.com.
Articles and resources mentioned in this episode:

Podcast is sponsored by: Storage Solutions

Other links

  continue reading

257 episodes

Artwork
iconShare
 
Manage episode 487261455 series 2762492
Content provided by AGiLE Business Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AGiLE Business Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Our guest on this week's episode is Michael Needham, principal procurement & supply chain at Efficio Consulting. Among the flurry of executive orders issued recently by the White House is one aimed at restoring pharmaceutical manufacturing capabilities here in the U.S. Currently most drugs and ingredients are manufactured in China and India. How will such a move affect supply chains? Our guest offers his views on what can be manufactured here easily and what could be more difficult.

Measuring the health of our supply chains, the Logistics Manager’s Index came out on Tuesday, showing an expansion in logistics activity in May. Logistics expanded for the second straight month, marked by a mix of slowing inventory levels and rising costs across the board, researchers said. We look at the specific numbers and what they mean.

This week we saw a study on workplace injuries. This report came from the Travelers Companies. It found that the number of workplace injuries overall continues to decline, although the costs associated with them are climbing. We dive into some of the details of the report and how emphasizing safety can affect the workplace.

Supply Chain Xchange also offers a podcast series called Supply Chain in the Fast Lane. It is co-produced with the Council of Supply Chain Management Professionals. All episodes are available to stream now. Go to your favorite podcast platform to subscribe and to listen to past and future episodes. The podcast is also available at www.thescxchange.com.
Articles and resources mentioned in this episode:

Podcast is sponsored by: Storage Solutions

Other links

  continue reading

257 episodes

All episodes

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