News

Survey by Cloudleaf Shows Supply Chain Woes Can Cost Companies Billions

Written by Yourway | December 28, 2020

According to the recently released Supply Chain Visibility Report, issues in the global pharmaceutical supply chain can cause major financial burdens, costing each company up to one billion dollars in lost revenue and more than one million doses. The cost of and inefficient cold chain have become astronomical, especially in life sciences. However, the disruption caused by COVID-19 has pushed real-time supply chain discussions to the top of board level discussions at most organizations. As an organization providing temperature-controlled transportation across the globe, Yourway is always looking for ways to become more efficient.