Inventory Management – A Critical Leg in the “Three-Legged-Stool” of Demand Management

Inventory Management – A Critical Leg in the “Three-Legged-Stool” of Demand Management

Demand management has different meanings to different audiences.  For the sake of this discussion, demand management is defined as an understanding of the underlying elements driving revenue sales, and how they interact with one another.  The interactions utilize a “three-legged stool” frame of reference. Question:  Why this analogy? Answer:   A three-legged stool cannot stand up with […]

What Is Specialty Channel Management?

What Is Specialty Channel Management?

The specialty channels are driving both growth and channel complexity in the Pharma and Biotech industry. The specialty channels are more complex by design. Complexity = products handling requirements (e.g. cold chain), high prices (> $3K..), extensive patient support infrastructures/services, regulatory requirements (e.g. REMs), etc. Specialty channel management is like conventional channel management on steroids.

“Class of Trade”: Murky Element of Contracts and Channel Analytics

“Class of Trade”: Murky Element of Contracts and Channel Analytics

Have you ever wondered what is covered by the term “Class of Trade”? It is oftentimes a murky element of contracts and channel analytics that can have important legal implications. In this article published in the January 2012 issue of Pharmaceutical Commerce, I cover the basics to know, plus share a couple of case studies to hightlight the perils of misclassification.