The Bio Supply Management Alliance (BSMA), advocate of innovation in the biopharma supply chain, recognized Illumina and CargoSense with the prestigious annual award for Supply Chain Management Innovation in bio-pharma for 2016 at its recent annual conference.
The citations for the award reaffirmed the theme of the conference, "Preparing the Biotech Supply Chain for 2025, The Onward March!" where innovation through technology and development of supply chain management in organizations is deemed to be the driver of transformation.
Illumina received the award for “Successfully enabling the transformation of human health by making it easier to decipher the genetic code and providing the tools for its scientific exploration. As a global company, it values collaborative interaction, rapid delivery of solutions and providing the highest level of quality. It promotes entrepreneurial endeavors of start-up companies pursuing genomic science and to build bench strength in supply chain management are exemplary for the biotech industry.” Incorporated in 1998, ILLUMINA develops, manufactures and markets integrated systems for the analysis of genetic variations and biological functions.
CargoSense received the award for “Successfully developing and offering innovative and cost-effective solutions, using smart data and microanalysis software-as-a-service (SaaS) for the supply chain logistics network. Gathering intelligence for actionable decision making, causal analysis and ensuring regulatory compliance in the supply chain, using Internet of Things, is game changing for the transportation industry in particular.” CARGOSENSE is a start-up company that offers MicroAnalytics Software to optimize logistics networks.
“SCM Innovation Awards” have been given since 2014 to the stakeholders of the Biotech industry—manufacturers, service and material providers, technology enablers, academia, management consultants, trade associations and governmental regulators, in order to recognize exemplary contribution towards advancing the Global Supply Chain.
Nominations for the award require the submission of a 300-word case study to include the nature of the innovation that enhanced the supply chain; objective(s) of the endeavor; strategies and tactics adopted; benefits realized and costs incurred; human, technology and organizational resources deployed; and, governmental compliance requirements met, if applicable.