Life Science Leader Magazine

SEP 2013

The vision of Life Science Leader is to be an essential business tool for life science executives. Our content is designed to not only inform readers of best practices, but motivate them to implement those best practices in their own businesses.

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Pharma Manufacturing This group can report organizationally to the commercial units or to supply chain leaders or to the law department. Given the need to implement anticounterfeiting practices and technologies inside the supply chain, it may be best for this group to reside there or at least have liberal access to production operations. Lastly, depending upon the markets served, the brand protection organization might have regionally deployed experts "on the ground" in addition to enterprise-based specialists to support new product launches or legislated anticounterfeiting programs. Supply Chain Best Practices. Leading organizations in this space refuse to adopt a "victim mentality" when counterfeits surface in the marketplace. Instead they study the causal factors of each incident using available information and assess what, if anything, can be changed inside the company or through affiliated suppliers and commercial partners to prevent the counterfeits getting into the legitimate channels of trade. Such best practices become evolutionary as each incident is a new learning, and every violation can be linked to a pattern of behavior. Best practices then become prescriptive anticounterfeiting guidance documents for widespread implementation across the enterprise. In some cases the recommendation for increased control and security are best implemented as standard operating procedures with appropriate training, validation, and version control. The categories of prime importance for best practice development include distributor compliance, reporting and escalating incidents, market monitoring, employee education (e.g. call center personnel), appropriate use of deterrent or authentication technologies, and managing reverse logistics. These practices should be reviewed periodically by the cross-functional governance committee and the brand protection experts for completeness and feasibility of deployment. Measurement and Data Analytics. The old management adage, "you achieve what you measure," also applies to brand protection. Despite the fact that information about specific counterfeit activity is sketchy at best, it behooves an organization to track incidents and place a value (lost or recovered revenue) for each violation and for each protective measure. Internal rules can apply to the metrics so that credibility is not challenged if the cause and effect are not clearly stated. In addition to the wins and losses amassed over time, as a measure of brand protection effectiveness, it is important to learn from the aggregation of the data. It is not 3KDUPD&KHP2XWVRXUFLQJ;%RRWK *8(66:+2-867+$'$1 05,60$576285&,1*70020(17" $ ´,QHHGWRHQVXUHZHDUHPHDVXULQJUHDORXWFRPHVZKHQLW FRPHVWRRXURXWVRXUFLQJVSHQGLQJ$05,KDVEHHQVXFFHVVIXO LQSURYLGLQJRXUFRPSRXQGVRQWLPHDQGPHHWLQJRXUTXDOLW\ UHTXLUHPHQWVDOORZLQJRXUFOLQLFDOSURJUDPVWRSURFHHGZLWKRXW GHOD\7KDWKDVWRUHPDLQWKHWUXHPHDVXUHPHQWRIKRZZH VHOHFWDGHYHORSPHQW&02IRUDSDUWQHUµ *OREDO+HDGTXDUWHUV&RUSRUDWH;&LUFOH;$OEDQ\1HZ

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