Fast forward – Future proofing the life sciences supply chain

Future proofing the life sciences supply chain

Future proofing the life sciences supply chain will require redefining the supply chain to become more agile, increasing capabilities to support demand-driven performance, and aligning value to unleash untapped assets and expertise.


Partner, Audit & Assurance

KPMG Australia


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This report provides a clear indication about the demands of future proofing the supply chain. Planned and executed properly, the process requires a high degree of commitment, discipline and buy-in from stakeholders.
The report also notes that the benefits of future proofing are being demonstrated every day in global pharmaceutical markets, enabling increased revenue growth, optimised new product pipelines, improved material flows and reduced operational risk.
The three drivers to redefine the supply chain outlined in the report are:

  • Redefining agility: Supply chain agility involves adapting to variations in demand, supporting shorter supply cycles, and rapidly recalibrating plans in the face of market, price and supply volatility. 
  • Redefining capabilities: Life sciences companies need to expand and strengthen their partnerships by complementing internal capabilities with external resources and suppliers to effectively adapt to the changing
  • Redefining value: Increased visibility is a key value as the industry moves from volume-based to value-based models centred on patient care and wellness, a development that could benefit the industry as a whole.


KPMG's Pharmaceutical industry practice advises clients with critical business and key industry issues.

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