Coming together is a beginning.
Keeping together is progress.
Working together is success.
A sentiment we think is especially relevant when it comes to supply chain management and one that was echoed by Jo Pisana, a partner in global pharmaceuticals and life sciences at PricewaterhouseCoopers, in a recent news release on this topic. As Pisana stated, “Efficiency is the name of the game and the adoption of a more collaborative approach could just be the key to unlocking this potential. Working with others accelerates and facilitates innovation, discovery and development, which in turn can reduce costs and benefit both large and smaller companies.”
At TEQ we couldn’t agree more. In fact, in addition to our contract packaging capabilities, one of our core competencies is providing innovative and sustainable solutions through the redesign and management of entire workflow processes.
Case in point. In August of 2009, we were awarded a contract to take over production of diagnostic probe covers for a leading ear thermometer manufacturer. In addition to building a fully-functional ISO 13485 Registered facility within months (the first of its kind for a thermoform manufacturer), we also played a critical role in re-examining the entire workflow process to identify multiple opportunities for improvement and increased efficiencies.
Critical to this process was our partnership and collaboration with other companies in the supply chain. Together, we worked to create a streamlined workflow process as well as custom tools to reduce transportation/ freight costs, eliminate excess inventory and optimize the distribution network.
As a result of these efforts, in March 2010 (just six months from contract award), we achieved first-article production – and today, in collaboration with our partners our facility produces, tests and ships millions of probe covers every day – a total of one billion parts since the project’s inception – with zero defects in the field – a supply chain success story we are extremely proud of.
Do you have a supply chain collaboration success story you would like to share?