Tuesday, June 24, 2014

Lilly

            

Lilly

            Lilly is a company that was founded in 1876, and they are devoted to discovering solutions to the most pressing health issues around the world. With the main headquarters in Indianapolis, Indiana Lilly has around 38,000 employees in over 55 countries for their clinical research. Lilly has 7,900 employees devoted to research and development. This does not include their product markets that reach out to more than 125 countries. They have manufacturing plants located in 13 countries, and research facilities in 8 different countries. The net sales for Lilly are $23,113,100,000. Lilly strives to be able to reach out to every country they can to give the people the desperate medical needs, that are essential for survival.

            The supply chain that Lilly has is very unique, because they are trying to eliminate the counterfeit drugs that people come into contact with. Their supply chain is very secure to make sure that the integrity of their products are maintained at the highest quality. Also, in their supply chain they use very sophisticated technology to help detect and deter counterfeit products that come into the market. They work tirelessly through investigations in all sectors to seek and find all products that are counterfeit, and remove them from the chain. Lilly works with government and non-government agencies to strengthen the awareness of counterfeits, and to enforce counterfeiting laws. Lilly wins with their supply chain through all of these various techniques that have been stated. This supply chain requires long time commitments within the partners, and they sustain themselves through this relationship. In doing this they combat the problem of counterfeit medicines.


            The biggest threat to Lilly’s supply chain would be the counterfeit drugs that come into the market. These drugs look the same as what Lilly produces, but they are not the same drug. This is a problem for them because, their chain is being diluted with fake drugs that are not their own. Lilly works to stop this problem on a daily basis, so that they are giving the people the drugs they need and want. Counterfeit drugs are a big problem for this company, but it is not going to ruin them. There will always be counterfeit drugs in the market, but Lilly works to reduce them to a point that they don’t even exist.

Video 1: Lilly - Non-Communicable Disease Partnership

Video 2: Lilly - Diversity


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