Best Practices in the Pharmaceutical Supply Chain Management

2019 ◽  
pp. 228-247
Author(s):  
Elumalai Gunasundari
Keyword(s):  
Supply Chain ◽  
Pharmaceutical Industry ◽  
Research And Development ◽  
New Products ◽  
Pharmaceutical Supply Chain ◽  
Chain Flexibility ◽  
Chain Management ◽  
Supply Chain Flexibility ◽  
Development Cycle ◽  
The One

The pharmaceutical industry is under severe pressure due to complex supply chains that are underutilized, inefficient, and ill-equipped to cope with the sort of products. The pharma supply chain must meet the demands of a fast-evolving marketplace and the shift from patient to an outcome to undergo a radical overhaul. Research and development (R&D) costs in the pharma industry are spiraling, development timelines are growing, and consumers are becoming increasingly knowledgeable about care options including drugs and treatment. The marketplace is fixed through the development cycle and increasing efficiency through rationalization or outsourcing of non-core activities. Recently, the pharma industry moved from the “one-size-fits-all” approach for the supply chain flexibility, responsiveness, and reliability. This chapter enables readers to understand the techniques for rapid commission and decommission new products and markets and alternate supply models, inventory tracking tools to eliminate counterfeiting and parallel-importing risks.

scholarly journals Supply chain management, supply chain flexibility and firm performance: an empirical investigation of agriculture companies in Indonesia

2022 ◽  
Vol 10 (1) ◽  
pp. 155-160 ◽  
Author(s):  
Itang, H.S. Sufyati ◽  
Asep Dadan Suganda ◽  
Shafenti Shafenti ◽  
Mochammad Fahlevi
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Firm Performance ◽  
Competitive Advantage ◽  
Partial Least Square ◽  
Least Square ◽  
Chain Flexibility ◽  
Chain Management ◽  
Supply Chain Flexibility ◽  
The Impact

The purpose of this research is to better understand the impact of supply chain management (SCM) and flexibility on firm performance, as well as the role of competitive advantage in mediating the model in Indonesian agriculture companies. Companies must apply supply chain management and supply chain flexibility (SCF) to boost industrial competitiveness, which impacts firm performance. To ensure that supply chain management supports the company's strategy, companies must evaluate supply chain concerns. From the literature search, researchers have not found any published studies or articles on SCM and SCF in their influence on firm performance through competitive advantage, specifically for corn companies in Indonesia. The population in this study includes agriculture companies in Indonesia. Sampling was carried out using probability sampling technique, the total population of 200 obtained a sample size of 133.333 which can be rounded up to 134 research samples. The inferential statistical method used in the data analysis of this study was the Partial Least Square Version 3 program. The study found that SCM influenced firm performance and SCF had a direct influence on firm performance. However, competitive advantage variable failed in being a mediator in SCM and SCF on firm performance.

Supply chain flexibility aspects and their impact on customers satisfaction of pharmaceutical industry in Jordan

2017 ◽  
Vol 9 (4) ◽  
pp. 326
Author(s):  
Ayat Saed Mohammad ◽  
Anber Abraheem Shlash Mohammad ◽  
Sulieman Ibraheem Shelash Al Hawary ◽  
Aseel Hasan Hussein Alsarahni
Keyword(s):  
Supply Chain ◽  
Pharmaceutical Industry ◽  
Chain Flexibility ◽  
Supply Chain Flexibility

scholarly journals A cloud-based supply chain management system: effects on supply chain responsiveness

2019 ◽  
Vol 32 (4) ◽  
pp. 585-607 ◽  
Author(s):  
Mihalis Giannakis ◽  
Konstantina Spanaki ◽  
Rameshwar Dubey
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Three Dimensions ◽  
Chain Flexibility ◽  
Chain Management ◽  
Content Type ◽  
Goods And Services ◽  
Supply Chain Flexibility ◽  
Potential Benefits ◽  
Supply Chain Management System

Purpose Despite the ongoing calls for the incorporation of the cloud utility model, the effect of the cloud on elements of supply chain performance is still an evolving area of research. The purpose of this paper is to develop the architecture of a cloud-based supply chain management (C-SCM) ecosystem and explore how it enhances supply chain responsiveness (SCR). Design/methodology/approach First, the authors discuss the potential benefits that cloud computing can yield, compared to existing mature SCM information systems and solutions through a comprehensive literature review. The authors conceptualise SCR in terms of the level of visibility in the supply chain, supply chain flexibility and rapid detection and reaction to changes, and then the authors build the detailed architecture of a C-SCM system. The proposed ecosystem introduces a view of SCM and the associated practices when transferred to cloud environments. The potential to enhance SCR through the cloud is explored with scenarios on a case of supply chain operations in fashion retail industry. Findings The findings show that the proposed system can enhance all three dimensions of SCR. Implications for supply chain practice and how companies can migrate to a cloud supply chain are drawn. Originality/value Given that the development, creation and delivery of goods and services are increasingly becoming a joint effort of several parties in a supply chain, the authors contribute to the existing literature by introducing a comprehensive C-SCM system and show how companies can enhance their SCR.

Supply chain flexibility aspects and their impact on customers satisfaction of pharmaceutical industry in Jordan

2017 ◽  
Vol 9 (4) ◽  
pp. 326 ◽  
Author(s):  
Sulieman Ibraheem Shelash Al Hawary ◽  
Ayat Saed Mohammad ◽  
Anber Abraheem Shlash Mohammad ◽  
Aseel Hasan Hussein Alsarahni
Keyword(s):  
Supply Chain ◽  
Pharmaceutical Industry ◽  
Chain Flexibility ◽  
Supply Chain Flexibility

scholarly journals Benefit and Challenge of Blockchain Technology in Pharmaceutical Supply Chain Management

2019 ◽  
Vol 8 (4) ◽  
pp. 8309-8313
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Pharmaceutical Industry ◽  
Innovative Technology ◽  
Financial Industry ◽  
Pharmaceutical Supply Chain ◽  
Chain Management ◽  
Counterfeit Drug ◽  
Blockchain Technology ◽  
The Impact

Pharmaceutical Industry Supply Chain Management (SCM) has been an invigorating research topic because the industry strives to explore innovative ways to secure the medicine distribution and to ensure the authenticity of medicine consumed by the patients. A surge in the counterfeit drug has called an urgent effort for the industry to eradicate. In this scope, the fake medicine harm serious health problem for patients. To cope with this urgency, Blockchain offers the new innovative technology that captures the security and accountability in the financial industry for decades. In this spectrum, the new generation of blockchain with smart contract feature enables the utilization of blockchain in an enterprise setting such as Supply Chain Management Systems. In this point, this study explored contemporary for benefit and challenge blockchain adoption based on Systematic Literature Review methodology. At a closer look, the research indicates the impact of the Blockchain Adoption Technology in Pharmaceutical Industry SCM in for four aspects, i.e. supplier, producer, logistic/distributor, and customer. In a specific range, this research explores significant factors from ten leading journals (one thousand two hundred and fourteen papers) and selects solely eighteen relevant documents. The examination reveals the critical research development of blockchain technology adoption in Pharmaceutical SCM and twenty-three essential factors.

scholarly journals Evaluation of Impact of Success Factors of Supply Chain Strategy and Flexibility on Supply Chain Performance

2021 ◽  
pp. 185-194
Author(s):  
Amit Chandak ◽  
Sumit Chandak ◽  
A. Dalpati
Keyword(s):  
Supply Chain ◽  
Automobile Industry ◽  
Success Factors ◽  
Supply Chain Performance ◽  
Cost Performance ◽  
Chain Flexibility ◽  
Chain Management ◽  
Supply Chain Strategy ◽  
Supply Chain Flexibility ◽  
The Impact

Due to rapid globalization, an introduction of Goods and Services Taxes (GST), ban on BS-III vehicles, and rapid technological advancement creates new dimensions for the automobile industry in India especially for those who come in the category of small and medium enterprise (SMEs).In the current changing scenario victorious execution of supply chain management (SCM) practices can provide competitive leverage to Automobile manufacturers over their rivals particularly those who are poorly implemented supply chain management practices. This paper takes two main SCM practices, i.e. supply chain flexibility (SCF) and supply chain strategy (SCS).Against this background, this paper acknowledged 5 success factors (SFs) for supply chain flexibility and 3 success factors (SFs) for supply chain strategy for proper implementation of SCM practices in the Automobile industry, and studied their impact on three factors of supply chain performance (SCP), and thereby on firms performance. The top management of any industry is focused on their core strength with commitment, long-term vision and provides resources for supply chain, and thereby developing effective and efficient SCS emerged as the most significant SFs. To measure the impact on supply chain performance, the author carefully measures different SFs of SCS related to customer-oriented strategy, innovation strategy and agile supply chain strategy on cost performance, logistics performance and customer satisfaction performance. Similarly to access the impact on supply chain performance, carefully measure different SFs of SCF on cost performance, logistics performance and customer satisfaction performance. Results are analyzed by testing research propositions using standard statistical tools.  

Pharmaceutical and Life Sciences Supply Chain Management

2019 ◽  
pp. 206-227
Author(s):  
Anbalagan Saravanan
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Pharmaceutical Industry ◽  
Life Sciences ◽  
Pharmaceutical Products ◽  
Key Factors ◽  
Pharmaceutical Supply Chain ◽  
Chain Management ◽  
Pharmaceutical Supply Chains ◽  
Insight Into

The pharmaceutical industry quite broadly encompasses a large and varied number of logistics and supply chain activities. The industry, as a whole, relies on some standard benchmarking indicators such as months of on-hand inventory and inventory turns; however, the existing metrics do not allow for idiosyncrasies of the industry or provide adequately detailed insight into the key factors that make a pharmaceutical supply chain excellence. Over 75% of the markup on pharmaceutical products takes place at the manufacturer. This causes inventory-carrying costs to increase dramatically once the distribution segments of the supply chain purchase the product. Wholesalers and large pharmacy chains suffer high carrying costs on the final product. Inside pharmaceutical supply chains, companies must also face issues of product expiration and limited shelf lives. Seasonal and short shelf life products such as flu vaccines leave companies without the opportunity to redistribute or reallocate product in order to meet demand.

scholarly journals Retracted: Applications of Mathematical Modeling for Sensitivity and Sustainability in Supply Chain Flexibility

2016 ◽  
Vol 5 (2) ◽  
pp. 75-102
Author(s):  
G. M. G Farok ◽  
M. I.M Wahab
Keyword(s):  
Mathematical Modeling ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Risk Analysis ◽  
Customer Service ◽  
Material Handling ◽  
Chain Flexibility ◽  
Chain Management ◽  
Supply Chain Flexibility ◽  
Global Partnerships

Supply Chain Management (SCM) demands management of complex dependencies for sensitivity and sustainability on contest of teams, departments, drivers and matrices. It requires risk analysis of global partnerships, win-win contracts and sharing agreements with relevant companies. Supply Chain flexibility, drivers and metrics may include measurements for procurement, production, transportation, inventory, warehousing, material handling, packaging and customer service. There are hundreds of sensitivity that can be used to score Supply Chain Management performance. These results would lead to support and accommodate the sustainability which can be influenced by supply strategies and decisions on supply chain flexibility.

scholarly journals EFFECTS OF ACHIEVING SUPPLY CHAIN FLEXIBILITY

2020 ◽  
Vol 3 (1) ◽  
pp. 40-47
Author(s):  
Lenka Veselovská
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Global Economy ◽  
Research Study ◽  
Chain Flexibility ◽  
Chain Management ◽  
Manufacturing Enterprises ◽  
Supply Chain Flexibility ◽  
Chain Organization ◽  
Sample File

This research study focuses on the current topic of supply chain management which serves as a tool for manufacturing enterprises to cope with pressure put on them by continuously changing market conditions and the global economy itself. Paper presents the results of research conducted on the sample file of Slovak production enterprises. The main aim of this research study is to explore the extent of achieving agility, adaptability and alignment as secondary effects of supply chain flexibility in Slovak manufacturing enterprises. Representativeness of the sample file was confirmed by the application of Pearson´s chi-squared test (χ2 - test) due to the criterion of an enterprise’s size. The results of this research provide a clear image of business reality in terms of supply chain organization and therefore have implications for business practice which may serve managers in their decision-making process in supply chain management.

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