PSCI

The pharmaceutical industry continues to evolve with an increasing focus on responsible sourcing, sustainability, and collaboration across the supply chain. Under a new model to recognise suppliers within the pharmaceutical and healthcare industry that share its vision of building responsible supply chains, the Pharmaceutical Supply Chain Initiative (PSCI) has welcomed its first cohort of Supplier Partners: Delpharm, Samsung Biologics, and Suven. 
 

The complexity and risks found within the global pharma supply chain cannot be understated and key stakeholders from customers to regulators and investors are increasingly expecting the industry to both manage ESG risks and embed sustainability throughout the value chain. This can only be achieved through industry-wide collaboration that sets the standard for what a responsible supply chain looks like and provides support to suppliers to achieve these goals. The Pharmaceutical Supply Chain Initiative (PSCI) and our membership of 60+ pharma and healthcare companies are leading this collaboration to create harmonized approaches and standards for our value chains. Through our Principles for Responsible Supply Chain Management, shared audit program, and supplier maturity model, our members are putting ESG and sustainability into practice to create responsible supply chains.

This episode of the CPHI Podcast Series, hosted by Digital Editor Lucy Chard, goes through the results from the recent audits from the PSCI conducted on suppliers across the pharmaceutical industry, looking into ESG outcomes. 

Responsible procurement seeks to embed environmental, social, and ethical risks into standard procurement procedures and processes for engaging with vendors. With the growing shift towards ESG and incoming supply chain legislation across the world, the practice of responsible sourcing is gaining ground and a key focus for the pharmaceutical industry.

Did you enjoy this session? If so, you might like to visit our Connect to Frankfurt platform, where you can browse our collection of 30+ on-demand webinars and learn about our upcoming CPHI Frankfurt event, taking place 1-3 November in Frankfurt, Germany.

Bringing together the global supply chain under one roof, CPHI Frankfurt puts you at the heart of pharma. Can’t attend in person? You can access many of the event offerings online! Browse our exhibitor list, arrange meetings, view on-site content and network – all from home.


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In the latest instalment of the PSCI blog on CPHI Online, The PSCI introduces the 2024 PSCI Supply Chain Materiality Assessment, the first public materialty assessment of the pharmaceutical supply chain they have worked on. 

The PSCI have launched their framework for suppliers in the pharmaceutical and health industry for increasing social and environmental responsibility, complete with guides and resources, all showcased in a helpful webinar. 

A quarterly series of articles about responsible supply chain management from the PSCI. 

A quarterly series of blog posts about responsible supply chain management from the PSCI Chair, Ingrid Vande Velde.

Attending Pharmapack 2023 in Paris? Follow the live updates from the Content team as they move around the event, attending sessions, workshops, learning labs, and more from the Paris Expo. 

A quarterly series blog posts about responsible supply chain management from the PSCI Chair, Vicki Stone-Bjarup

A quarterly series of blog posts about responsible supply chain management from the PSCI Chair, Vicki Stone-Bjarup.