What is Pharmaceutical Supply Chain Management?
Let's talk about the pharmaceutical supply chain. It's a perfect mix of planning, execution, and control of all processes related to the flow of information and materials, from acquiring the raw materials to the final delivery of the goods to the consumer. This process mainly includes producers, vendors, transportation companies, warehouses, distribution centers, and retailers. Even if supply chain optimization in the pharmaceutical sector sounds similar to other supply chains, it has a slightly different focus. Simply put, the pharmaceutical supply chain enables businesses to develop distinctive products and experiences for their customers. This includes every strategy an organization utilizes to offer its customers specialized added value and gain a competitive edge. Consequently, the pharmaceutical supply chain management process is designed to make sure manufacturing goes as planned, and products are available on time at pharmacies, health care centers, and hospi