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About Pharmaceutical Supply Chain Dynamics and Intelligence
Global pharmaceutical companies are modeled with a supply chain, which ensures that the right drug reaches the right people at the right time and in the right condition. The supply chain also ensures 100% product availability at optimum cost by carrying huge inventory, which maintains 100% fill rate. Manufacturers are trying to cut down development time to save costs. For example, a drug manufacturer who can trim development time by 19% can save up to USD 100 million. But if a drug is getting delayed to reach the market, the time delay costs the company around USD 1 million a day. So, pharmaceutical companies today are designing the supply chain to be as responsive as possible to reduce entry time to the market thereby increasing profit margins.
Detailed Information
| Author: | ['Beroe Inc.'] |
|---|---|
| Publication Year: | 2013 |
| Pages: | 9 |
| Language: | English |
| Format: | |
| Price: | FREE |
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