Pharmaceutical Supply Chain Optimization

Supply of medicine as a strategic product in any health system is a top priority. Pharmaceutical companies, a major player of the drug supply chain, are subject to many risks. These risks disrupt the supply of medicine in many ways such as their quantity and quality and their delivery to the right place and customers and at the right time. 

Supply chain management (SCM) is defined as the integration of key business processes across the supply chain for the purpose of creating value for customers and stakeholders. Indeed supply chain management integrates supply and demand within and across companies in an efficient business model. The Council of Supply Chain Management Professionals defines supply chain management as planning and management of all activities involved in sourcing, procurement, conversion and all logistics activities. There are various aspects of optimizing in the supply chain; eliminating bottlenecks, balancing between lowest material cost and transportation, optimizing manufacturing flow, maintaining the right mix and location of factories and warehouses, vehicle routing analysis, dynamic programming and efficient use of capacities, inventories, and labours are of main aspects of supply chain optimization. All stockholders need to institute the right configuration and adaptability to create best practice and to overcome the obstacles in continues changing environment.

The worldwide market for pharmaceutical supply came to $129 billion in 2015. This market is relied upon to develop from almost $132.2 billion in 2016 to $164.1 billion in 2021 at a compound yearly development rate of 4.4% from 2016-2021.

  • Strategies for Supply Chain Optimization
  • Operational issues in the Pharmaceutical Supply Chain
  • Strategic and Design Issues in the Pharmaceutical Supply Chain
  • Supply Chain Design Summary
  • Global Supply Chain Planning

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