U.S., April 15 -- In an industry that evolves every day, having first mover advantage is a must for any pharmaceutical manufacturer looking to compete. Knowledge, infrastructure and foresight are key to remain efficient and agile as the industry faces numerous forces which are reshaping and dictating the direction of the market.
However, for too long, many in the pharmaceutical industry have relied on supply chain networks which are neither flexible or cost-effective. A radical overhaul of pharma supply chains is long overdue and if left in their current state, we risk slowing the delivery of innovative new products and increasing poor health outcomes.
So, where and why are pharma supply chains falling short and how can stakeholders work ...