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Pharmaceutical Supply Chain Reinvention (PowerPoint PPTX)
PowerPoint (PPTX) 24 Slides FlevyPro Document
DESCRIPTION
Intense disruption has caused forward-thinking Pharmaceutical companies to review their Supply Chain and Manufacturing operations. The phenomenon is characterized by technological innovation, transpiring customer demand patterns, and more agile and creative competitors.
Most of the Pharma companies, however, are continuing with the decade old processes and routines. They have transactional relationships with suppliers, insignificant interaction, lack of concerted efforts to progress ahead, and no vision to reap productivity rewards. The reasons for continuing with these traditional practices include tax regimes, regulatory hurdles, and stable revenues from customers dependent on existing industry offerings.
In order to survive disruption, leading Pharma companies are embracing agile principles, reducing costs, revolutionizing procurement and distribution functions, and striving to achieve operational effectiveness. Above all, they view their Supply Chain not as a cost center, but as a source of competitive edge.
Building Supply Chain Operational Excellence and Cost Reduction competencies are crucial for Pharma businesses to survive. This presentation talks about the 5 strategic steps (phases) necessary for developing these critical competencies.
The slide deck also includes some slide templates for you to use in your own business presentations.
To tackle disruption, Pharmaceutical businesses must abandon traditional practices and mindsets that were earlier considered a formula for lasting success. The presentation outlines how Pharma companies can embrace a more flexible approach to managing complexities, including the adoption of lean inventories and customized supply chains for each product and market. This shift is essential for maintaining competitiveness in an environment where high-margin drugs are increasingly threatened by generics.
The PPT also delves into the critical role of regulatory compliance and the impact of stricter regulations on the industry. It emphasizes the importance of aligning manufacturing strategies with local regulations to ensure seamless operations. The comprehensive guide provides actionable insights and strategic steps to help Pharma companies navigate these challenges and transform their supply chains into a source of competitive advantage.
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Source: Best Practices in Supply Chain Management, Pharma Industry PowerPoint Slides: Pharmaceutical Supply Chain Reinvention PowerPoint (PPTX) Presentation, LearnPPT Consulting
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