spacer
home > pmps > autumn 2018 > brighter futures
PUBLICATIONS
Pharmaceutical Manufacturing and Packing Sourcer

Brighter Futures

In its recent report, ‘Pressure on the production line: Working capital in global manufacturing’, PwC dissects the ways in which manufacturing companies are managing and using working capital. It points to the need for businesses to invest continuously in their plant and operations to remain competitive and to secure long-term stability. The report reveals that the sector’s rate of investment has seen a steady decline over the last five years, which now sits at its lowest point during that period, concluding that better management of working capital is key to generating the necessary cash for investment.

Looking specifically at the pharmaceutical sector, the everincreasing cost of bringing drugs to market means that larger pharma and biotechnology companies are constantly searching for manufacturing strategies to drive more effective development and manufacturing operations. Ongoing demand for increased production efficiency exists in the form of more automation, monitoring, and tighter process control.

Historically, lighting has not been a major consideration for the sector. For many, existing lighting solutions are considered adequate for purpose, and reinvesting in lighting is regarded as low on the list of priorities. However, a new mindset is emerging. The sector’s leaders are embracing the latest idea of light as a service (LaaS), whereby the future performance of the lighting solution is ensured by the supplier and where no capital outlay is required. These same leaders are tuned in to the energy-saving potential provided by today’s lighting solutions and the importance of the correct lighting quality to support employee performance and wellbeing.

Read full article from PDF >>

Rate this article You must be a member of the site to make a vote.  
Average rating:
0
     

There are no comments in regards to this article.

spacer
Graeme Shaw is the Technical Application and Academy Manager at Zumtobel Group for UK and Ireland, responsible for the technical and application education of 230 people. He has a demonstrated history of working in the electrical and lighting manufacturing industry and started at Zumtobel Group 18 years ago. Prior to joining the company, Graeme worked in lighting sales and spent 10 years as a Lighting Engineer at the Grand Opera House in Belfast, Ireland.
spacer
Graeme Shaw
spacer
spacer
Print this page
Send to a friend
Privacy statement
News and Press Releases

Novo Nordisk Pharmatech A/S signs distribution agreement with DKSH for twelve countries in Asia Pacific

Novo Nordisk Pharmatech A/S and DKSH, have partnered to provide high-quality cGMP quaternary ammonium compounds in twelve countries across Asia Pacific
More info >>

White Papers
 
Industry Events

10th Annual Summit for Clinical Ops Executives

18-21 February 2019, Hyatt Regency Orlando, Florida

Celebrating its 10th successful year, SCOPE Summit 2019 takes place February 18-21 in Orlando, FL. Over the course of four stimulating days of in-depth discussions in 19 different conferences, 3 plenary keynote sessions, and the ever-popular interactive breakout discussions, the programming focuses on advances and innovative solutions in all aspects of clinical trial planning, management and operations, including...
More info >>

 

 

©2000-2011 Samedan Ltd.
Add to favourites

Print this page

Send to a friend
Privacy statement