In 2012 Cold Chain IQ conducted its first-ever, "Economy and Job Outlook Survey—Cold Chain Pharma in Recessionary TImes Survey," to gauge opinions and insights on the current and future economic and job prospects from professionals working in the temperature-controlled supply chain for life sciences products. The survey found that 84% of manufacturers of temperature-controlled life science products thought that their company was better prepared to cope if a recession hits in 2013.
“With the current ongoing process of globalization and the world still struggling with the European recession and economic stagnation in North America, international logistics face an increasingly dynamic and recessive environment, which demands workers to have multiple professional skills. In this highly competitive scenario, companies are seeking new business practices so that they can optimize their operations and cut costs, improve the quality of their processes and, above all, reduce delivery times for their clients more and more,” say Angela Mazzeo and Nelson Rosamilha in the article “Lean Supply Chain Applied to International Logistics Projects.”
Forty percent of survey respondents thought that the recession had affected how much their company spends on the supply chain, 46% saying it had not, and 14% did not know.
Eighty four percent of manufacturers think their company is better prepared to cope if a recession hits in 2013 and 85% are not concerned that their role will be made redundant in the next 12 months.
