Pharma supply chain: efficiency modelling approach

Abstract

In previous decades, companies were used to manage their supply chain individually and produce inaccuracies in overall chain performance. To avoid inefficient revenue and expense operations, companies need an end-to-end view to the supply chain. The implementation of supply chain management solutions gives wider visibility for production, better planning of orders, and reduction of inventory. In accordance, with holistic view on pharma supply chain companies get opportunity in decision-making as well as business efficiency. In the study historical supply chain changes and future efficiency increase opportunities are identified. Finally, conclusions and recommendations are presented.