Responsible Supply Chain Practices: Highlights from the PSCI Annual Report
An update on responsible supply chain management from the Pharmaceutical Supply Chain Initiative Chair, Manjit Singh
The pharmaceutical and healthcare industry is highly regulated and continuously evolving due to public and state attention on global topics like climate change and environmental concerns, antimicrobial resistance, patient safety, and human rights.
To keep pace with the changing world, working in the pharmaceutical and healthcare industry requires many skills and behaviours. And in the last year the PSCI have realized that agility might be the most important behaviour for success.
As published in our 2020 Annual Report, we surprised even ourselves with what we collectively managed to achieve in promoting responsible supply chain practices for those in the pharmaceutical and healthcare supply chains. And we know this was the direct result of the remarkable agility of our members.
Firstly, we launched a new strategy designed to deliver our vision for excellence in safety, environmental, and social outcomes across the whole of the global pharmaceutical and healthcare supply chain. Many of our strategic objectives remain the same—being an industry leader, partnering with others, and continuing to drive excellent auditing practices—but we have placed new focus on regionalization in China and India, offering world-leading supplier training, and a commitment to innovation.
Secondly, we added new and important themes to our Principles. The PSCI Principles are the foundation of all we do. They are our blueprint for responsible practice, setting out our expectations for five relevant topics: ethics, labor, health & safety, environment, and management systems. The Principles were first agreed by the PSCI’s founding members in 2006 and as part of strategy review, we took valuable inputs from stakeholders and our Advisory Panel. They highlighted the growing importance of biodiversity, the need to explicitly emphasize climate change, and the criticality of business resilience. We seek for the PSCI Principles to become the industry standard for responsible supply chain management and we were delighted that they were recently included in the Danish Government’s Climate Partnership Roadmap for the Life Sciences and Biotech sector. You can learn more about the PSCI Principles in this short video.
Finally, we pivoted our very well-attended supplier conferences in China and India to virtual events, and reached nearly double the number of supplier attendees as a result. Across 51 training sessions over eight days, more than 700 attendees learned about the PSCI Principles, the power of collaboration, and attended expert session on topics including Human Rights & Labor and Industrial Hygiene. Our next round of supplier conferences are taking place in September and we look forward to welcoming even more attendees.
We at the PSCI pride ourselves on our ability to move quickly when we see an opportunity and work collaboratively towards a common vision for responsible supply chain practices. We know that our industry is built on progress, innovation, and a drive to continually improve. I’m delighted that we are able to bring this same energy to our work to improve our supply chains, despite challenging circumstances. To learn more about the PSCI and our remarkable agility, I’d encourage you to read our 2020 Annual Report.
Manjit Singh, Chair, PSCI
Manjit Singh has about 32 years experience in pharmaceutical operations including quality assurance, waste water management, in-house plant operations, sourcing, supply chain planning, and external manufacturing. He has also been a management team member for new business development.
Presently, Manjit is a member of the Sustainability Core Group at Centrient which steers corporate sustainability. He is responsible for global operational sustainability for the Centrient supply chain. He represents Centrient at PSCI, AMR IA, Eco Vadis, RATSAM, CDP and Indian regulators. He is the Centrient and India lead for PSCI. Manjit works for the not-for-profit Society for Environmental Protection and leads the tree plantation in his town.
Related News
-
News 5 big pharma companies agree to decarbonise operations in China
Following extensive talks, leading pharmaceutical companies sign an agreement to work with renewable energy companies to decarbonise their manufacturing supply chains in China and switch to renewables. -
News CPHI Podcast Series: The 2023 Retro – what have we learnt from the past year in pharma?
Welcome to the last episode of 2023! Digital Editor Lucy Chard is joined by her teammates in a special retrospective episode to close out the year. Guests Vivian Xie, Editor for CPHI Online and Tara Dougal, Content Director for Pharma, discuss their hi... -
News Pharmaceutical industry supports COP28 health stance in joint statement
As COP28 takes place over this week in Dubai, UAE, several bodies in the pharmaceutical and health industries have come together to announce support of key movements in sustainability in the sector, and to recognise sustainability as a health issue.&nb... -
News CPHI Barcelona 2023 – From the Floor
It's that time of year again - the biggest pharma event of the year comes to Spain this October for CPHI Barcelona 2023. Follow our Editors Vivian Xie and Lucy Chard as they worked their way through the conference, bringing highlights from content ... -
News CPHI Barcelona Annual Report illuminates industry trends for 2024
The CPHI Annual Survey comes into it’s 7th year to report on the predicted trends for 2024. Over 250 pharma executives were asked 35 questions, with their answers informing the industry landscape for the next year, spanning all major pharma marke... -
News CPHI Barcelona Sustainability Partner Interview – Procaps' improvement through innovation
Procaps, developer of pharmaceutical and nutraceutical solutions, medicines, and hospital supplies that reach more than 50 countries in all five continents, has partnered with CPHI Barcelona to support sustainability initiatives, to be highlighted at t... -
News The future of robotics in pharma: drug discovery to manufacturing
Robotics are starting to play a key role in the discovery and manufacturing of health and drug products, with numerous benefits, from cost reduction to increased sustainability, but there are challenges as well. -
News CPHI Barcelona Sustainability Partner Interview – Rontis' mindful management
Rontis Corporation, a leading supplier in the healthcare industry worldwide, has partnered with CPHI Barcelona to support sustainability initiatives, to be highlighted at the CPHI Worldwide event in Barcelona in October 2023.
Position your company at the heart of the global Pharma industry with a CPHI Online membership
-
Your products and solutions visible to thousands of visitors within the largest Pharma marketplace
-
Generate high-quality, engaged leads for your business, all year round
-
Promote your business as the industry’s thought-leader by hosting your reports, brochures and videos within your profile
-
Your company’s profile boosted at all participating CPHI events
-
An easy-to-use platform with a detailed dashboard showing your leads and performance