Top Ten Trends Transforming the Pharmaceutical Supply Chain
This paper explores the top 10 trends that are transforming the pharmaceutical supply chain and details ways to better collaborate across their supply chain, improve service levels, reduce costs, adapt to changing market conditions, and improve compliance.
Effective Strategies for an Increasingly Volatile Market
The pharmaceutical landscape continues to evolve at a rapid pace, and participating companies have to develop ever more sophisticated supply chain processes and strategies in order to deal with ongoing changes in demographics, urban migration, increasing demand for healthcare, shifts toward age-related disease patterns, and rising health awareness across the population.
This paper explores the top 10 trends that are transforming the pharmaceutical supply chain:
- The Rise of OTC and Generics
- The Growing Demand for S&OP
- Optimized Execution in Operations, Logistics, and Distributions
- Counterfeiting
- Rising Healthcare Costs
- More Regulatory Oversight
- The End-Consumer Matters More
- Outsourcing
- Pharmaceuticals Will Take Cues From Retail and Consumer Goods
- Growing Recognition That Inventory Management Should Be a Top Priority
By developing and maintaining the ability to adapt their supply chains, companies in the pharmaceuticals sector will be well prepared to seize the opportunities ahead.
One Network provides a real-time network platform with a control tower powered by artificial intelligence and blockchain to provide a single platform for all trading partners in the pharmaceuticals sector.
One Network’s platform is a real-time supply network, providing full order, shipment, and inventory visibility along with a tunable system of control that incorporates legacy systems for maximum returns on IT investments.
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