Pharmaceutical Supply Chain Management Best Practices

You’ve probably noticed how competitive the pharma industry has become over the last few years. In most recent years, there have been more counterfeit drugs, increasingly strict regulations on quality and serialized mandates. All of these factors have made it necessary for the pharmaceutical supply chain to be efficient, as well as traceable. Here are five best practices that should be implemented to ensure there is no breakdown.

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Four Ways to Improve Retail Supply Chain Management

Retailers have to be aware of where things are when it comes to supply chains so they can plan accordingly. They may need to redirect shipments, rebalance inventory, or respond to a new demand quickly. If there are issues with a supply chain, then retailers can’t get products to stores and there is a risk of losing customers. Here are four steps retailers can take to improve retail supply chain management so operations run smoothly.

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The Basics Of Demand Management

 

For any businesses selling a good or a service, knowing what the future holds has always been a goal. In the past, particularly before the use of specialized software systems, planning in advance has largely been a factor of past sales data review combined with a reasonable expectation as to future demand.

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