Strategic Horizontal Integration for Drug Cost Reduction in the Pharmaceutical Supply Chain

In this rapidly developing digital era, digital transformations take place within every industry, and they have effects on the management of the supply chains. The aim of this study is to delve into the influence of the digital supply chain on the quality, productivity, and cost reduction aspects of operational performance. This study relies on quantitative methodology and data collected from the food and beverage industry of Indonesia. Data from a survey comprising a total of 209 responses were selected for investigation. PLS-SEM was used to perform the analysis. The investigation reveals that the digital supply chain has significant effects on operational performance in terms of quality, productivity, and cost reduction performance. This study contributes to the understanding of supply chain management by addressing the knowledge gap associated with the digital supply chain. In particular, it has concentrated on the hitherto unresearched effect of operational performance in the context of the Indonesian manufacturing industry.

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Supply Chain Cost Prediction for Prefabricated Building Construction under Uncertainty

Mathematical Problems in Engineering ◽

10.1155/2018/4580651 ◽

2018 ◽

Vol 2018 ◽

pp. 1-5 ◽

Cited By ~ 1

Author(s):

Shaoli Wang ◽

Yasir Mursalin ◽

Gang Lin ◽

Conghua Lin

Keyword(s):

Supply Chain ◽

Computational Model ◽

Cost Reduction ◽

Construction Projects ◽

Building Construction ◽

Activity Based Costing ◽

Total Cost ◽

Critical Areas ◽

Abc Method ◽

Prefabricated Building

This paper considers the problem of predicting a supply chain cost for prefabricated building construction under an uncertain situation. Based on the Activity-Based Costing (ABC) method, we establish a computational model to estimate the total cost of the prefabricated supply chain. The model can assist in not only finding the critical areas for cost reduction of the whole supply chain but also analyzing other costs of prefabricated construction projects. Furthermore, we provide a numerical example of prefabricated building construction to validate the results.

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A literature review on multi-echelon inventory management: the case of pharmaceutical supply chain

MATEC Web of Conferences ◽

10.1051/matecconf/201820000013 ◽

2018 ◽

Vol 200 ◽

pp. 00013 ◽

Cited By ~ 1

Author(s):

Nouçaiba Sbai ◽

Abdelaziz Berrado

Keyword(s):

Supply Chain ◽

Customer Service ◽

Inventory Management ◽

Raw Materials ◽

Integrated Approach ◽

Service Level ◽

Pharmaceutical Products ◽

Management Problem ◽

Pharmaceutical Supply Chain ◽

Customer Service Level

Inventory management remains a key challenge in supply chain management. Many companies recognize the benefits of a good inventory management system. An effective inventory management helps reaching a high customer service level while dealing with demand variability. In a complex supply chain network where inventories are found across the entire system as raw materials or finished products, the need for an integrated approach for managing inventory had become crucial. Modelling the system as a multi-echelon inventory system allows to consider all the factors related to inventory optimization. On the other hand, the high criticality of the pharmaceutical products makes the need for a sophisticated supply chain inventory management essential. The implementation of the multi-echelon inventory management in such supply chains helps keeping the stock of pharmaceutical products available at the different installations. This paper provides an insight into the multi-echelon inventory management problem, especially in the pharmaceutical supply chain. A classification of several multi-echelon inventory systems according to a set of criteria is provided. A synthesis of multiple multi-echelon pharmaceutical supply chain problems is elaborated.

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