Conclusion and Contribution in Pharmaceutical Supply Chain
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This research implies the importance of effective supply chain strategies in the pharmaceutical industry to enhance efficiency and effectiveness in healthcare systems. It discusses the implications and concluding remarks, theoretical implications, and practical implications of supply chain management in the pharmaceutical industry.
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Table of Contents Chapter 8: Conclusion and Contribution........................................................................................3 Introduction to Chapter...........................................................................................................3 Implications and concluding remarks.....................................................................................4 Theoretical implications.........................................................................................................7 Practical implications...........................................................................................................14 Recommendations and future research directions................................................................22 Limitations............................................................................................................................24 Summary of the chapter........................................................................................................26
Chapter 8: Conclusion and Contribution Introduction to Chapter This research implies that strategies to supply the pharmaceutical products are very important to enhance efficient and effectiveness of healthcare system in different countries. It has been identified that appropriate manufacturing and operations is significant in pharmaceutical companies to supply products on time in desired quality for hospitals. However, it consist the fact that availability of required medications, antibiotics and injections are very important in healthcare organisations for delivering better care services for welfare of people. Meanwhile, supply chain plays an important role which should be focussed by pharmaceutical industry which is observed the become favourable to increase effectiveness of healthcare system of the nation. In addition to this, effective supply chain strategies are required to established by companies manufacturing various kinds of medicines to supply them in market according to the demands of people. It is very important for them to make availability of medications because they efforts are responsible for saving someone's life. Conclusion which can be derived from the investigation that it is important to implement effective supply chain strategies to make appropriate availability of medicines in market. It has been determined that effective supply of medications are suitable to enhance clinical outcomes. It includes the study which has been taken in to consideration on influence of supply network strategies and knowledge sharing on innovation and supply chain competence in pharmaceutical
industries. The supply network is pattern of the spatial and temporary processes which carried out facility nodes as well as distribution links which add some value for consumers by production and products delivery. In addition to this, it consist the discussion about impact of supplychainstrategiesandtheknowledgesharingonsupplychainandinnovationin pharmaceutical industries. The aim and objectives has been developed related to specific subject area. Considering the carried out research, it has been summarised that the supply chain should beestablishasaneffectivenetworkofpeople,company,technologyandresourcesin pharmaceutical companies. This consists make improvement in activities of business to provide final goods to market in an effective manner. It has been discussed that the supply chain helps in develop customer loyalty. This mitigates costs through minimizing operational expenses and resulting company in gaining financial advantages. The supply chain has been taken in to consideration on the pharmaceutical industry. It searches, develops, produces and also markets the drugs for use as the medications to be properly administered to patents to cure them, alleviate symptoms. Thisinvestigationimpliesthateffectivetheoreticalconceptshouldbeutilisedby pharmaceutical organisation to improve their manufacturing as well as supply of product in healthcare institutions. It has been evaluated that theoretical implication should be considered by every company in pharmaceutical industry which facilitate to improve effectiveness of their services in market. Basically, one of the effective idea to use network theory which can be described as a representation of either symmetric relations between discrete objects or tasks. It has been identified that supply chain strategies, strategic alignment,Integration for New Product Development, Innovation, Network theory and Knowledge-Based View Theory are important to enhance supply chain management. On the basis of Network theory that relationship among organisationslocatedinsimilarsupplychain.Itdevelopoverviewofmostnecessary contributions which can used through managers as well as purchasers which interested in area of supply chain network. It has been analysed that network theory is unable to state that when organisations can purchase from the other with them. On the other hand, Knowledge-Based View Theory stated an extension of the resource- based view of companyas this is adequate with exiting economic context. It is plausible approach to understand the competitive dynamic hence developing proper analysis of an entity weaknesses and strengths.
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Implications and concluding remarks This investigation implies that several theoretical and practical implications which are summarised here. Initially, it is necessary to carry out more research in context of supply chain network in pharmaceutical industry to understand the same effectively. It is favourable to understand the causes behind ineffectiveness of supply chain due to which appropriate efforts can be applied to enhance supply of product to healthcare organisations for improving their efficiencies. It is a very precious contribution to pharmaceutical as well as health industry in terms of increasing patient outcomes along with boosting up health status of entire population of the country. Conclusionwhichcanbederivedfromthisinvestigationincludesthetheoretical implication of create an originalconceptual model of an organisation. It will be specific and accordingtothespecifieddesiresofparticularpharmaceuticalcompany.However,itis beneficial for them to maintain their unique standards as well as enhance their supply in market in terms of completing demands of people to become well-being. The given study implies that it is main of healthcare system and comprise of institutions which licensed to conduct the research and supply the drugs to end user. It can be concluded that value of pharmaceutical market in UAE is projected to reach around the 3.7 billion USD by 2020. In context to this, healthcare industry is regulated strictly at Federal and the Emirate level. Supply chain of pharmaceutical sector is same to that other industry in manufacturing sector. It has two drug distribution channels like OTC and prescription. It has been discussed that in pharmaceutical industry, supply chain helps in use of the resources, enhance shareholder value, earn high profit level etc. Conclusion can be derived from the research that different supply chain strategies such as Strategic Alignment and Integration for New Product Development are suitable to improve supply chain efficiency. The pharmaceutical companies can take benefits of knowledge that available in supply chain network that helps in increase innovation and the Supply chain competencies. It has been studied that the pharmaceutical industry act with an integrity, comply with pharmaceutical drug production laws and respect human rights in order to prevent causing the harm to customers of goods. However, it has been determined that the different challenges in pharmaceuticalindustrysuchastemperaturecontrol,productdamage,humanresource dependency, research and development, production time and others are required to be overcome.
These all factors develop negative impact on pharmaceutical industry. The difference between supply chain and supply network has been discussed on the basis of definition, purpose, benefits, size, resource utilization etc. in a detailed manner. Thirdly, the theoretical implication of moderating effects of knowledge sharing have rarely been evaluated. It has been summarised that sharing of ideas in relation of effective strategies for improving efficiency of supply chain of organisation can be considered as beneficial regarding improvements. However, it is observed that employees can share their ideas and thought for establishing more effective as well as efficient strategies for improving the outcomes of supply chain which facilitate to increase strength of healthcare system. In addition to this, it has been summarised that improvement of exciting model should be done by focus on the role of innovation in the supply chain to improve relevant efficiency. It is necessary to consider modifications in exciting model that concentrate in innovative aspects which favourable to boost up effectiveness of supply chain. However, it is suitable to boost up the supply chain in pharmaceutical industry in order to provide medicinal product in marketing to fulfil medical desires of people for their well-being. Conclusion which can be derived from the study that consist practical implications are required to be consider for preparingeffectivesupply chainstrategiesin pharmaceutical companies. Firstly, it includes to highlight if supply network strategies have any role to play in promoting innovation in pharmaceutical producer's. It has been summarized that effective practices are helpful to manage flow of good and services in terms of manufacturing and supplying at different locations to deliver it for end consumer. This research implies about second practical implication to determine the current status of the innovation deployment in the pharmaceutical manufacturer's. It is required for employees and other management authorities to focus on status innovation deployment to make brand different from others along with providing bettermedicinal facilities and product for desire care homes. However, they can contribute more effectively towards health of people in different nations and enhance their goodwill in market by adopting new technique of applying innovative ideas as compared to current status of it. Considering this investigation, the third practical implication is generating evidence as to whether the current supply network strategies are reliable indicators for successful supply chain competence in pharmaceutical producer's. It is observed that efficient and innovative strategies
are helpful to perform specific task in an organisation with proper efforts in correct way. However, it will facilitate to make brand technique and procedures different them product become unique as well as more effective for wellness of patients medical condition. They can deliver medicines and injections on time with required quantity in healthcare organisation for making people healthy. This study implies final practice implication which is to offer suggestions for effective strategies that can be adopted to make sure innovation deployment and competency in the supply chain of pharmaceutical industry. It has been concluded that management of pharmacy company should ask for suggestions to employees in terms of gaining number of alternative choices for making appropriate supply chain strategies. Meanwhile, it is favourable to gain may choices in which best one or two should be selected and staff is much capable to provide accurate recommendations because they work on them. They are able to improve the supply chain by reducing current threats and using present strengths of current strategies or procedures as they are very much aware of the same. Theoretical implications Increased research on the supply chain network in pharmaceutical industry. This investigation implies that it is essential to conduct more researches on the supply Chain network in terms of analysing more accurate information about relevant threats. It is helpful to remove weakness of current supply chain fort eliminating them which facilitate to increase relevant outcomes in Pharmaceutical industry. Thisresearchprimarilyfocusesonsupplychainmanagementinpharmaceutical industries, which manages the process of flow of services from getting raw material to making products out of it efficiently while handling the manufacturing and marketing at different level. Supply chain is the interconnected multi network of a group of individuals, industries, resources, manufacturing, functions, activities, process and technology involved in developing and selling the desired product. Supply chain covers all the related process required from bringing the material from the source to supplying the raw material to to manufacturers so as to eventually delivering the goods like medicines to the customer. Such segment of supply chain develops a distribution channel which involve delivering the finished goods from supplier to the valued customers. The main motto is to enhance the satisfaction level of customer's value and achieve a reputablepositioninmarket.Supplychainmanagementfocussesonwellplanning,
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implementation, observation and control of all the occurring activities in supply chain with the aim of building synchronised supply and balancing the performance widely and globally. Contemporary research in supply chain management in any domain is about risk management and sustainability. Considering the study which has been carried out, it is pretty much clear that pharmacy in supply chain managementis a very stimulating and challenging industry. The industries should be capable enough to provide right quality and quantity to the correct customers at the given time frame work and with balanced cost to meet the aim and objective of health system. The research should benefit the stakeholders, industry and health care system at various level, together with creating a impact on the productivity and efficiency of pharmaceutical industries. The challenges and issues which are raised during the manufacturing and delivering of pharmaceuticals should be resolved and extensive research should be carried out to overcome the problems faced during whole process. Increased research will help in keeping up the demand of the customer without sacrificing the quality and speed. Conclusions regarding the issues faced in pharmaceutical industries which can be derived from the research can be resolved by advance technology and research to improve the health care system and the working of pharmaceutical industries. Temperature control is one of the challenge faced during storing and transportation of drugs. Research should be conducted on the chemicals and compounds which make the drug temperature sensitive and some modifications should be done in their nature to make them temperature resistant. Prior research should be done on the maintenance and shelf life of medicine to make it more ubiquitous and effective. The aim and objectives has been developed related to specific subject area. The chief research according to the challenges faced by pharmaceutical industries should be conducted in the research and development sector because this is the main key which hold the pharmaceutical industry base. Research and development involves the high scientific knowledge and skilled workers to achieve advances in the development of the medicines. More research should be conducted on the composition of medicines to make it more and more effective for combating the human system. The compounds used in the medicines should be highly tested and the diseases for which the medicine is being prepared should be analysed thoroughly. All the factors, sources and causes of disease should be researched extensively so that a powerful
medicine can be made to attack the causal micro organism in such a way that its infection period becomes less effected to human body. High, fast and efficient innovation in the research and development area make the medicine more compatible and effective. Deep research should be done on the drug delivery system because many medicines trial gets fail as they are not compatible with the human system ans adversely react with the functioning of body. Increased research on the drug delivery system, their compatibility with human body and the effects of medicines has to be observed on model animals to overcome and defeat the new harmful microbes and the new diseases caused by them, so that an effective medicine and treatment can be made to cure the disease by successful research. From the above study it can also be concluded that more research should be conducted on the manufacturing level so that the medicines are being produced at the end of process is made quickly and efficiently. Better technologies and advance software should be used to lower the operation of cost and high ended medicine can be obtained by highly sensitive machines. Thus, innovative research should be passaged in such levels to increase the productivity of industry and improving the heath care sector. Create an original conceptual model. This research implies that supply chain plays an important part for the success of an industry. Supply chain is necessary for industries in order to increase competitiveness and satisfaction of customers. The supply chain of pharma industries is similar to any other industries in a manufacturing sector. However, unlike other manufacturing industries, supply chain of a pharmaceutical industry is a critical process as it effects millions of individuals health. Hence, manufacturers are very strict in order to ensure the quality and safety of drug at each level of chain. Pharmaceutical companies use certified suppliers for their raw materials. There are separate warehouses for these industries for keeping their raw materials. Pharma industries mostly emphasise on supply chain management in order to deliver their medicines and drugs. Conclusion which can be derived from this investigation that goal of a pharma industry is to develop drugs which prevent infections, diseases, and maintain heath of individuals as it is impacting overall population health. Pharmaceutical supply chain is a process where medicines are manufactures,shipped and pass to the end user.However, the competition in the market is effecting these industries to participate in market race. Pharmaceutical supply chain is including a number of health regulatory authorities, research organisation, clinics, governmental units,
hospitals, pharmacy etc. Pharmaceutical industries should build a conceptual model for them in order to deliver best and unique services. Stakeholders of the industry should develop basic strategies and should come up with innovative concepts for enhancing their supply chain. This will help them to develop positive outcomes and increase their productivity. As pharma industries are impacting life of individuals, it should come up with creative ideas and plans to improve their supply chains. Pharmaceutical supply chains should use technology interventions intheirmanufacturingoperationsandshouldbuildpatient-centricdeliverymodels.The conceptual models of the industry should overcome their traditional methods of supply chain and shoulddevelopstrategiestodealwithcomingrequirementslikehigherdrugproduct specialisation, better delivery of products by including digital information and communication technologies.Theremustbeadvancementofinnovativetechnologiesinterferencelike continuous manufacturing which helps in to achieve better responses. Such approaches in the pharmaceutical supply chain will improve their current operations. Moreover, the pharmaceutical supply chains are focusing on managing knowledge which can be use for product development stages. Th supply chain process of pharma industries should emphasise on handling procedures and working operations of the industry. There should be proper procedures for management of pharma industries as it includes life-death situations of individuals and it requires the involvement of various partners like hospitals, clinic, non- governmental agencies and so on. Supply chain management of a pharma industry should be in a way to generate the value for its stakeholders and end-users. Pharmaceutical supply chain is a social technical system which is importantly design for alignment of firms to promote improved health status by the means of medications and drugs. Considering the carried out study it can be concluded that supply chain management and creating innovations and creativity in the chain is must as it directly impacts the health related concerns of individuals. Therefore, appropriate measures and policies should be made by stakeholders of the industry. They should develop alternative solution in case of any supply chain disruptions. They should develop measures in advance to tackle with future risks and errors. Pharmaceutical supply chain should should include drug research and development, manufacturing and distributing pharma products in different healthcare services to improve the effective functioning of chain.They should build strategies to control their product distribution to analyse different supply channels. It will help them to protect patients from receiving defect
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products which can be manufactured during repackaging and relabelling of products. Pharma industries distribute their products to wholesalers and thus, these wholesalers deliver their products to doctors, hospitals and other pharmacy after their proper screening and quality check. There should be considerable amount of resource supply for running a pharma company. The relationships between suppliers and organisations should be maintained in order to ensure the product stability and its safety. Thus, conclusion can be drawn that pharmaceutical industries should utilize supply chain management to improve overall performance of the industry.They can include methods for knowledge sharing, build methods for innovative product formation, and should focus on sharing knowledge across various nodes of actions. Building conceptual model for their supply chain will help the industry to deliver products in a better way and build a strong brand image which helps to keep the organisation in the mind of potential customers. The moderating effects of knowledge sharing have rarely been evaluated. Conclusionwhichcanbederivedfromthisstudyisthattorunabusinessin pharmaceutical sector, it is important for the organisation to share effective knowledge within different levels of supply chain. Knowledge is one of the significant resource of organisation to improve their overall supply chain performance. It will enhance organisational operational management and help them to grow.It helps in building a healthy relation between buyer and supplier. In a pharma industry, knowledge sharing is must as it brings different concepts and innovative methods for delivering safe and quality products to health related issues. In supply chain of pharmaceutical industry, there are two types of knowledge which is technical exchange and technology transfer. This research implies that knowledge sharing with vendors or suppliers will help the pharmaceutical industry to improve the product quality and process of risk management as it will be shared through supply chain. Knowledge sharing will help in to build strategies which will enhance the output of the process and will increase the productivity of pharmaceutical industry. Sharing opinions and effective knowledge between different levels of supply network will help the industry to achieve success in market and enhance their profitability. It will assist the decision making process for improving different manufacturing and distributing operations of the industry.Implementation of collective knowledge to the industry will be beneficial for them as wellasitsdifferentstakeholders.Manufacturingprocessareforcedtodevelopacloser
relationship with their customers and suppliers, thus it will also need effective knowledge to be share among individuals. Thus, knowledge sharing is effective for the pharma industry to achieve success and to facilitate decision making capabilities to bring cultural change in the industry. Once, an individual has develop a effective solution to a problem or an issue and if it turns to be best solution so far, it will help other employees to use it in the coming situations in future. Thus, managing knowledge within in the supply network of industry will save a lot of time and helps in to reduce budget. It will improve communication between different level of networks. Considering the carried out study, it can be stated that pharmaceutical supply chain is a concept of medical industry in which drugs and medicines are manufactured, shipped and then pass to the end users. The overall supply chain will effect the heath of postulation as it deals with pharmasector.TheprimaryconcernofPharmaceuticalsupplychainisitsknowledge management which can be used to improve the product development phases. The effective information from research and development area of supply chain is passed to the other stakeholders also. It will help the workforce of supply chain to keep essential knowledge about their operations and workings. It will stimulate the growth and development of the organisation and increase revenue. The knowledge sharing in supply chain process will add value to the end product and help them to attract large number of customer. This process will help the industry to build a strong brand image as several innovative techniques and concepts are being shared and implementing within levels of supply network. The employees of the industry should develop critical thinking in order to be applied on organisational operations. It will deal with the life- death situations of an individual. Companies who determine their widespread expertise are appreciated by customers. Thus, these expertise will build different strategies and plans in order to differentiate their company from their competitors. Sharing knowledge will reduce the amount of time which is use to deliver a product which leads to increase proficiency and customer satisfaction. Employees will gain access to valuable information through sharing knowledge and will deliver better results regarding growth and development. Conclusioncanbedrawnthatthroughknowledgesharinginsupplychainof pharmaceutical industries cancatch exact and accurate knowledge between different levels of the industry andreduce the chances of their loss. It helps in to improve performance of both industry and its stakeholders. It is a way to make expertise available to entire industry.
Innovative tools and techniques are being using in the industry to enhance the productivity and create positive environment. Using knowledge sharing again and againallows decisions of the industry to be based on actual experiences of the suppliers and buyers. Therefore, managing knowledge will bring different benefits to the industry and make them to work in effective and efficient manner. Pharmaceutical supply chain should build strategies and plans for innovative and appropriate knowledge sharing methods in order to deliver best results. Improve exciting model that only focused on the role of innovation in the supply chain. Innovation is a dynamic term which mean creating new ideas and imaginations which can be implemented in the practical world in the form of method or procedure. Innovation in any domain requires applying the better thoughts and solutions to meet the demand and requirement of market and to enhance the working of industry for future benefits and needs of industries and organisation. Considering the carried out research, innovation drags the organisations towards greater competence and antagonistic advantage to increase the productivity of pharmaceutical industry. Here, the innovation is not refers to as a last goal rather it comes above all and is a key element to lead improvement in the supply chain management of pharmaceutical industry. The conclusion can be drawn that two type of innovation, namely incremental innovation where individuals sort incremental changes and improvements to the current issue and products. Another innovation type mentioned in this research is radical innovation, this helps in bringing fresh and new products that nobody has even heard of and it also advice in altering the products and practices accordingly. The supply chain in pharmaceutical industry deals with the sales and manufacturing process of medicines. Though, such practices make profitable outcomes by providing high safety standards and quality. But recent demand on high proficiency performance of industry and emerging new deadly diseases require innovative thinking. This not only heightens the revenue but also increase the efficiency of process of manufacturing and marketing strategies to expand the company and to improve health care system. This research implies that the whole process of innovation is based on the demands and needs of customers. The systems and procedures are shaped according to the wants of customer, where the innovation is applied in one or the other way to enhance the business organisation. Thorough research should be conducted on the micro organism causing the disease and then innovative methods should be adopted to create such medicine which can destroy the causative organism and can fulfil the demand of society by improving the condition of social and health
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care sector. Pharma companies require typical customer experiences as well as categorized drugs to not only overcome the demand of customer but also to improve the network of supply chain. Conclusions which can be summoned from the study is that innovation process mainly contributes to the management of supply chain. Such practice enhance the competency and improve the management and operation of supply chain through innovative ideas and creativity. Innovation should be brought up in the making of medicines. The technology which have been used in making medicines can get advanced by properly alternating the machines and working conditions of pharmaceutical industries. By influencing the supplier with innovative deals and by attracting the buyers to buy a good number of medicines from a particular pharmaceutical industry the competency can be developed in the supply chain. Competence according to this study is a vital factor to give an edge to the other pharma companies. Popular and new innovation in between the operational and management relation between buyer and supplier aims in developing new medicines and improves the capacity of supply chain to achieve their aim through efficient and dependable creative solutions. According to the so far research, it has been drawn that strategic and innovative decisions has to be made when the supply chain partners are being selected. Old and short term goals are usually taken by supply chain partners, so innovative ideas have to be implemented to focus completely on the new and long term goals. The aim of considering the long term goals is to think broad and wide, and it has been observed that once the long term aims have been achieved the short term aims are already under action and through innovative solution objectives can be attained and the network of supply chain is upgraded. The strategies which are focussed in supply network according to the study also has a substantial consequence and impact on the innovativeness and competency of pharmaceutical industries. The strategies involve merging the existing industries or successful collaborating the pharma industry with another industry to receive more innovative and experienced outputs. This collaboration improves the management relationship between manufacturer and buyer, thus giving high competence and upgraded innovative process to enhance supply network chain. Various innovative methods should be undertaken to make network and management of supply chain flexible and dynamic, where any ideas and solution can be implemented for receiving high quality response.
Practical implications Highlight if supply network strategies have any role to play in promoting innovation in pharmaceutical manufacturer’s . Conclusion which can be drawn from the above study is that the deep supply chain networks when integrated in the corporate and pharmaceutical industry increases the level of competence in such fields. Thus, by developing dynamic and integrated networks of supply chain in the most innovative way aids in providing medicines to the buyers. An effective and efficient framework of supply chain includes improving the operational and functional activities of industry to systematically deliver medicines to the market. Supply chain as stated in this report is the network of collective out sourced and in sourced products within the system of supply chain. The thought of moving from supply chain to the network supply has been assumed to alter and widened with more enhanced utilisation of resources and better partnerships. According to the research, the use of supply network is new. It has been outlined that knowledge sharing across the broad network of links facilitates not only the competence of supply chain but it also ease in applying innovative ideas and creativity. The supply network strategies according to this research helps in promoting high end innovation in pharmaceutical industry. Strategic alignment, a process of sharing organisation resources and structure with its appropriate funding, environment and strategies has been used as a supply chain strategy to link the available resources according to the required objectives, thus promoting the innovation, competence and creativity. This also ensures the better performance by balancing the people contribution and appropriate realisation of aims and objectives, thereby lowering the waste and misleading resources to unnoticed and unspecified aims. Strategic alignment mainly comprises of four wide elements, namely, alignment of the prior goal, merge of all process involved in business, integration of suitable information system and information and knowledge sharing among the teams and networks. Such alignment helps in aligning business of pharmaceutical company and the strategies of new product according to the users and valued customers in market. Considering the so far research, another strategy mentioned in the research is about the Integration for New Product Development, which involves development of a new product that covers entire process of inventing a fresh and brand new product to the market place. Two main pillars of new product development is extent of modularity of product and the process and
requirements of outsourcing. These have high capacity of exchange in potential information and develops brand new medicine in integrated systems. The main element of integration of new product require a unique product design which covers all the objectives regarding the demand of the customer and business requirements. This integration alters the opportunity of market into products, here new medicines which are accessible for sale. Such strategies not only aids in enhancing the management of industry but also promote various innovation solutions and competence to increase the productivity and operation of pharmaceutical industries. Such strategies add value to the stakeholders, buyers, patients and health related practitioners and providers. The research mainly focused on ways by which the the strategies of supply network, strategic alignment and involvement of new product along with knowledge sharing have influenced the rate of innovation and competence. The applied strategies may allow the industries of pharmaceuticals to refine the resources and all the assets which have been used. Sometimes they have to optimize and balance the performance according to the nature of industry and demand of health care system. The basic success of pharmaceutical industry is through the merge of information, sharing of knowledge, transfer of technology, material and flow of order information. Therefore, the key is the successful integration for promoting innovation in such industries. The complexity of supply network according to the research is managed by reverse loops, resource development, high end links to transform and manage the manufacturing of products. Another strategies of supply chain which improve the performance of production and innovation are lean supply chain which involves worth and significant disposal of waste which require innovative ideas thus, promoting innovation. On the other hand, flexible and responsive supply chain is also helpful in lowering the waste production and saves a significant amount of time which ca be utilised in other process of industries. Agile supply chains aids in organising own modified technology and techniques for pharma companies on three main components, namely, individuals, association and innovation. This strategy is followed when there is high need of reacting to the demand of customer especially in high innovation fragments. Determinethecurrentstatusoftheinnovationdeploymentinthepharmaceutical manufacturer’s .
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This research implies that importance of innovation deployment in supply chain cannot be overlooked. The innovation in supply chain management in pharmaceutical industries plays an important role in facilitating operations by collaborating process. Supply chain serves as a means for innovation process and product development. The current strategies for innovation deployment in the industry influence its overall performance and their productivity. They are using advanced technologies and methods for driving process outcomes. Stakeholders of the supply chain of pharma industry is developing different strategies in order bring overall development and growth of the industry. Sharing knowledge across different levels of supply chain facilitates innovations and and develop a strong supply chain. Thus, a strong supply chain for the pharma industry will help them to deliverbetter services. However, it is essential for a pharmaceutical industry to develop critical operations for their manufacturing of drugs as it impacts the overall population of the country. Pharma companies are using supply network strategies such as Strategic alignment and integration for New Product Development. Conclusion which can be derived from the study is that pharmaceutical firms are using innovation deployment by using variety of knowledge available in the supply network and use this knowledge to enhance the supply chain competence. It adds value to the product as well as patientsand healthcareproviders. Thus, knowledgesharing and organization’sabsorptive capacity have rate of innovation and SC competence. Pharma industries develop drugs for the prevention and cure of diseases. It helps in development of healthcare sector worldwide. Due to high costs of drugs and medicines pharma industries is considered to be most controversial sector in market. Thus these industries are making plans and introducing machines and new equipments in the supply chain to improve their product quality.In current time, they are using knowledge share strategies to reduce time for the manufacturing process and product development. Pharmaceutical industries have developed new policies and laws which provide the guidelines for testing,patenting, pricing and ensuring safety of drugs. It is a firm which develop, distribute and produce pharmaceutical drugs and medicines. The industry is consider to be one of the most controversial industry around the world due to higher costs of drugs. Thus, currently pharmaceutical industries are developing methods for reducing the cost of drug by intervention of new technologies and innovations which will lower the manufacturing cost and ultimately reduce the cost of their products. There are some pharmaceutical industries which hardly need
any innovation deployment because they produce generic drugs which doesn't require research and development and also their processing is also easy. The pharmaceutical supply chain is research based system whose main motive is to create value for the products like medicines and vaccines through research and discovery. As it impacts overall population of the country, the industries are developing methods for developing safety and quality of products. They are moulding their operations in a way to deliver high quality of drugs. To address the number of changes in healthcare, pharma industries have adopted new biotechnologies which will help them to meet the population demands. These changes have resulted in rapid innovation, discovery and improved drug development process. Industries are usingresearchorientedapproachesforthedevelopmentofpharmaceutical technologies,developmentofinfrastructuresandimprovedbioscienceresearch.Such advancementinthetechnologyhaveenabledthesepharmaceuticalindustriestodevelop innovative drugs to cure several diseases and infections. There is a need for innovation deployment in pharmaceutical because of rising of ageing population, change in lifestyle and increase income and illness such as cancer. Industries have also contain some subfields like involvement of biotechnology companies which help in drug manufacturing. Conclusion can be drawn that pharmaceutical industry supply chains are involving innovations and technologies in order to develop their products. They are introducing advance machines and equipments to facilitate the manufacturing of drugs. They are considering several approaches for the proper drug delivery across the world. Knowledge sharing and technology advancement in different levels of supply chain are improving drugs and other products of pharma industries. Innovations and creativity in the procedures of the supply chain will allow the industry to produce higher quantity of drugs and help in to improve quality of drugs. It will develop the organisations and company as a whole. They are developing strategies for storing and transporting drugs globally. They are building strategies and plans to deal with errors and risk and develop some strategies for managing them. Thus these innovations and techniques are help in overall production development and reduce time for producing these drugs. Generates evidence as to whether the current supply networkstrategies are reliable indicators for successful supply chain competence in pharmaceutical manufacturer’s. Conclusion which can be derived from the above study is that the strategies which were followed in current supply network are reliable indicators not only for the successful and
boomingsupplychaincompetencebutalsointheenhancementoftheinnovationin pharmaceutical industries. Supply chain according to the research implies that a cascade of making decision, execution and processing the money and material flow which intent to meet the demands and requirements of the valued customer which has to be taken place in between various stages of supply chain. The supply chain includes manufacturer as well as suppliers, retailers and customers are also included in supply chain. Conclusion which can be highlighted from this study is that the main purpose as stated in the research of supply network involves the activities which are inter related with prime aim to provide classic service and goods to the valued users. Such wider concept approach is more advance and strategic where the all the available resources are effectively and efficiently implemented. The supply chain network complexity is assorted and managed by including two way exchanges, side way links, acquisition of resources, reverse loops so as to transform as well as to manage the product. The supply chain network aids in assessing the way or manner to add the most competitive merits for an pharmaceutical industries. In here, all the prior tasks are combined to form more bigger and large network which is interconnected with various tasks and objectives. Considering the carried out research, whenever the sale drops or the cycle of product matures then at this time management has to be make strategies to develop new upgraded versions of products into the existing market by developing or obtaining new broad range of services and products. The strategic decisions according to the study may include acquiring some other industries. At the level of making strategies the industries has to determine the demands and requirements of the customers about the services and products of pharmaceutical industries. Once the pharmaceutical industry decide to form strategic decisions then the management and operational as well as marketing team identify the core customer demands and segments where the further focus will be targeted. This research implies that the decisions of manufacturing decides the technology and the infrastructure of the manufacturing which is required. The pharmaceutical industries builds the strategic decisions, usually based on the sale estimates and the urgency of the medicine which are to be discovered and analysed for the use. Thus, the management team of such industries decide on how the medicine will be factory made. Such strategies has been observed as a trust
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worthy indicators for high supply chain competence in the pharmaceutical industries. The management of industry or company also make the supply chain policies with respect to the suppliers. By lowering the purchasing for the industry can be related directly to the enhancement in the profit of company and alleviates the supply chain competence. The fulfilment of order plays an essential part in the industries and supply chain management so as to make strategies on the networks of logistics. According to the research, the concept of supply network is fresh and it has been observed delivering the deep knowledge world wide through the network of complex facilities of connection supports not only a strong and rigid supply chain competence but it also aids in innovation. However, the conclusions which can be drawn from the so far study is that the Strategic Alignment and Integration of New Product Development. Such strategies are used in the pharmaceutical industries can be benefited by the variation in knowledge which is present in the network of the supply chain and be widely used to uplift the supply chain competence. Such strategies not only add value to the pharmaceutical industry's stakeholders and buyers but it also add value to the health care service providers as well as to the social and health care service seekers. Conclusionswhichcanbeselectedfromtheaboveresearchisthatthefirmof pharmaceutical also involve additional strategies for increasing the supply chain competence. Such strategies includes lean supply chain, responsive supply chain, flexible supply chain and agile supply chain. Such strategies have been observed to make the system more shorter reactive time and presenting the solutions of customer demands in the given time framework which enhance the supply chain competence. Offerssuggestionsforeffectivestrategiesthat canbe adoptedtoensureinnovation deployment and competency in the supply chain of pharmaceutical industry. This research implies that Supply chain management of pharmaceutical industry is a complexprocess. Increasing global competition and drastic economical changes has made difficult for the supply chain of pharmaceutical to sustain its position in the global market. Creating a complex supply chain is a important step in order to ensure that risks that are associated with supply chain are need to be managed effectively. Innovation deployment in the pharmaceutical supply chain made them effective to utilize their resources to the highest extent and increase information sharing within the network.
Conclusion which can be derived from this study is effective strategies that can be adopted for innovation deployment can be divided into four main categories:goal alignment, integration of business processes, information systems integration and information sharing as well as inter-organisational teams. Different methods has been implemented by well-connected supply chain network of pharmaceutical industry such as information sharing which helps in to reduce the cost and minimise the risks which led to creativity and innovation. Considering the carried out study, it can be stated that application of new product development plays a major role in bringing innovation and supply chain competence in supply chain network. Product modularity and new product development can also be use for effective strategies for bringing innovation and competence in supply chain network. Such factors led to high-value information exchange and helps in the development of new products in an integrated system. For developing effective strategies in order to bring innovation and competence in supply chain network, knowledge sharing is the best approach as it helps in continuous learning and promote new product development in justifiable way. Knowledge sharing will help in to understand learning capabilities of the industry and helps in to facilitate operations and improve products. However, there are two primary aspects of knowledge sharing such as absorptive capacity and descriptive capacity. Both these strategies complement each other for knowledge sharing. Both these capacities of supply network help to outline changing capabilities of supply chain network which can promote innovations for new products and processes. Innovative deployment of supply chain network of pharmaceutical industries tends to develop new products and made improvements in current products along with purpose of enhancing marketability and efficiency. There are number of aspects which determine supply chain competence in supply network such as management of upstream and downstream process in order to develop high quality of drugs. It also helps in to generate clear understanding of life cycle of products. Innovation deployment generate methods for managing cost of manufacturing and help in analysing new value creation opportunities. Effectivestrategiesareneedto bemadein termsofinnovationof newproduct development in terms of positive impact on firm innovativeness along with supply chain competency. Global sourcing and outsourcing activities have enabled large opportunities to develop dynamic supply chain networks. The prior objective of supply chain network is to
supply high quality of drugs and medicines and to facilitate manufacturing operation within the firm inorder to providecompetitiveadvantageto stakeholdersof the firm.Globaland technological advancement are consider to be best strategies for easy access of service. The major role of supply network of the pharma industry has been shifted to knowledge sharing between different levels of supply network and lead to provide procurement, goods and services. Effective strategies are need to develop for managing economical dynamics and improve productivity. Conclusion can be made that strategies are need to build for product development and innovation in supply chain network of pharmaceutical industries. However, it is necessary to analyse the strategies involved in setting up a supply chain.Effective strategies for supply network will help the industry to maintain competitiveness and to develop a robust network for lowering cost of manufacturing of products and facilitate the operations of the industry. Technologies and innovations will develop strategies for upgrading the supply chain to undergo consistent restructuring. It also made companies to engage in outsourcing of different activities. These strategies will also led to develop healthy relationship between firm and suppliers. Supply network relationship can be stated as development, establishment and maintained of successful interpersonal exchanges as a result of negotiations and designing of the strategic businesses. However,innovationdeploymentandcompetencyinsupplychainwillhelptheoverall organisation to develop quality products and to increase productivity by facilitating their operational procedures. Information flow and knowledge sharing also plays a vital role in innovation deployment and competence of supply chain network. Recommendations and future research directions This investigation implies that more authenticate sources should be used in future to conduct research in future for gaining accurate findings. It includes that more duration of time should be applied for conducting proper study by collecting relevant data to the topic which facilitate to gain better analysis of gathered information. However, it is suggested that an investigator must consider various ethical principles and legislation while conducting study for improving reliability of achieved outcomes. Moreover, it has been recommended that survey can be used for analysing real facts and figures about select topic which helps to attain more appropriate research findings respectively. It is very important for a researcher to take proper permission to collect personal organisational data and follow guidance of senior researcher who
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has already carried out study on the same topic. Additionally, it is suggested to put desired funds to conduct various tasks of investigation to complete study in appropriate manner. It is suggested that companies of pharmacy should understand effective of current supply chain because it can assumed about success of whole process by understanding an efficiency of applied strategic technique. It has been recommended to pharmacy institutions to adopt this way for preparing appropriate supply chain strategies for enhancing supply chain and contribution towardshealthstatusofentirepopulation.Meanwhile,itissuggestedtocompaniesof pharmaceutical industry for to enhance their contribution towards healthcare system and saving life of various individuals from deadly diseases. It has been recommended to companies of pharmaceutical industry to identify current innovation trends and make themselves different in terns of supply chain to improve goodwill along with delivery of products. It is suggested to such organisation for focussing on innovations which beneficial to enhance their supply chain as well as gain competitive advantage in market by maintain uniqueness of their brand.Moreover, it is suggested that knowledge sharing should be evaluated for utilising them and increase supply chain management for completing demands of medicines in market and saving life of many of people. Meanwhile, it has been suggested that specified strategies in regards to supply chain is beneficial for pharmaceutical companies and healthcare institutions to deliver desired care services for people on time. It has been recommended that by adopting correct prediction planning tools the industry can ensure an complete and enhanced view and efficient response to some risks like political turmoil or any natural disaster affecting the manufacturing to an extent. Due to such situations, pharmaceutical industries make some adjustments and compromise prices. They also build strategies so as to configure the increasing demand, move required medicines quickly, up level the growth of revenue and further exceed the boundaries of industry by fulfilling the huge demand of any medicine with few supply and limited resources. With the development of cloud supply chain software and technology, the industries have capacity to look the existing resources inventory in the real time, thus improving the management of supply chain. It has been suggested that by successful collaboration using digital network of business, theotherpartnersofsupplychainwithinpharmaceuticalcompaniescanbeconnected electronically. Such complex multi tier network helps the collaborated members in syncing. Such platform provide an upgraded performance of coordination and real time visibility among all the
partners of supply chain that are needed for achieving the target. The actual demand of customers can be understood by forecasting the predicted future needs. Such forecasting is not always right and appropriate to use, thus pharmaceutical industries follow consumer products companies so as to gather large amount of information which are related to the demand of valued customers and the market place. Such gathered information than fed into demand sensing solutions which can be further used to predict the actual demand. This solutions helps in accessing all the signals like diseases outbreak or forecast relating to the weather or flu via newspapers or social media. This betterpictureisthenallottedamong thepartnersof supply chainguaranteeingthatthe pharmaceutical industry workers, research and development staff, suppliers, manufacturers are all aligned on the same page. It has been advised that the pharmaceutical industries should maintain and ensure traceability so as to trace the working at every level of organisation. The high involvement of collaborated parties and industries must have a complete check on their manufacturing and operations at every level so as to trace the medicine quality across the complex multi tier supply chain. This procedure is done to accumulate the appropriate data at all production stages, this allow to keep a track on the flow of material, every detail of processing step and various factors like test results or the amount of yield. Various recommendation have been provided to discover and respond rapidly depending upon the change in the request and supply demands. With the advance network of supply chain, pharma industries can determine end to end working of supply chain. Moreover, the primitive planning systems lacks quick decision making capabilities and enhanced problem solving power which are required to arrange trades and recommend alternative scenario for planning. Such tools aids in quick assessment of new information like sudden demand alteration or unexpected supply and also assist in examining the alternative plans to choose the best option among them for efficient and effective flow of supply chain management. It has been recommended that by managing the distribution of finished products helps in managing the efficient flow of supply chain. The pharmaceutical companies has been observed to rely on the outside partners for transportation and other added services. Assuring the availability of medicines and proper functioning of research and development sector means compact and better carrying the distribution partners. However, such practice may be enhanced by including transparent visibility of inventory and refined strategies. For making the correct
delivery to the right customers and at the given amount of time frame, proactive management is allocated. This is the major key in competing and out growing among the different pharma industries for acquiring more shelf space at the pharmacies and at various chains of drug stores. Limitations This study implies that the conclusion can be drawn from some of specific limitations that are determined. Initially, it includes the limitation that data collection is quite difficult to gather because specific sources are not available due to which different articles were used to collect relevant information. However, the respondents are not capable to provide proper views and opinions which is also considered as a restriction regarding accurate data in this study. Secondly the time provide for carrying out this investigation is not sufficient due to which a limit occur and it impact on entire performance as well as findings. It includes that selected study needs some more duration of time which is suitable to understand the real facts about the supply chain and it is important to enhance the effectiveness of healthcare system. Conclusion can be drawn that, it includes the limitations of cost which plays an important role to carry out desired tasks of investigation in more effective as well as efficient manner. The funding for this study was not sufficient due to which effectiveness of entire is not that much accurate as desired. It is necessary to apply desired amount of money to conduct appropriate study about supply chain of pharmaceutical industry to improve its effectiveness. Meanwhile, the ethical consideration can be included into limitation because few of them are difficult to follow while gathering relevant information. The limitations which can be drawn from the research is the broadness of objectives and aims. If the aims or objectives are too broad focus can't be devoted on a particular aim, thus by narrowing and limiting the aims and objectives in different categories and sub parts, the level of focus can be enhanced and the data can be centred accordingly. The method of collecting the data can also be added in the limitation list because a large amount of time and a great deal of expertise may be required for gathering the data primarily. There is a huge chance that the technique of collecting the data and the nature of implying it may be blemished and need to be modified for proper and efficient sampling of data. This research implies that the size of sample can create a problem in conducting the research. If the size of sample is too tiny, then the statistical and logical test would not be able to determine the important relationship and connection within the calculations of data set. When the
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research is based on the large sample size, it not only influences the uniformity of the result but it greatly enhance the accuracy and validity of the result, thereby clarifying the aims and objectives of the research as well as ensuring the acceptability of the research. The sample size factor has been seen and evaluated to affect more quantitatively than qualitatively. Conclusion which can be derived from the so far research is that the deficiency of previous study in the specific research area may cause a limitation to the flow of research. The main component of any research is the literature review because the whole idea of experiments and evidences are based on the findings of the literature reviews of different authors. It also assist in determining the scope of the so far work in the domain of our research, thus literature review is considered as a very essential portion of any research. Being the crucial part of the research, the prior literature review has to be done which could help in defining the existing topic of research. If no or very little research had done on the topic of an individual research topic then its quite difficult to evolve the problems and evidences relating to the research. So the availability of scholar and published paper greatly influences the way the research will be conducted and what kind of evidences and findings will be stated in the researcher. Considering the carried out study, choice of research area can be considered as a limitation in research. The level, depths and the scope of the discussion may be outlook in various level depending upon the experience and the scope of academic papers. The experience can be considered as a crucial factor in discussing the scope of discussion, because individual who do not have years of experience in the defining research domain may come across with various difficulties in making strong arguments in the relevant topics and also lack behind compiling the research by providing applicable conclusion and scope of research. The lack of techniques or instrument used in the research for providing the relevant results and the proper outcome of the research subject can be considered as a limitation in accomplishing the study. The analysis of previous data by applying few methods and techniques is done to modify an individual subject of the research so as to create the variability. Lack of instruments and techniques, thus create a problem in analysing the research papers. Summary of the chapter This report is based on the supply of pharmaceuticals products which is very essential to enhance the potency of healthcaresystem. This chapter mentions and elaborates the challenges which are faced by the pharmaceutical industries during the operation. The challenges which are
outlined in the chapter is the shortage of the resources, lack of communication and coordination among the staff member of industry, temperature control during the storage of finished goods and so on. The chapter explains the concept of pharmaceutical supply chain and provides various recommendations and strategies to enhance the supply chain managements so as to gain innovation and supply competence so as to make the pharma industry more flawless and efficient. To supply pharmaceutical productsin hospitals and companies on time it is very important and proper thing to identify. It exist that required products which is antibiotics, drugs, medicines deliver finer care services to people in healthcare organisation the country supply of pharmaceuticalsproductsit plays very importantrole in industry which is observed the effectiveness of healthcare system. Different kinds of pharmaceuticals products to supply in the companies and market accordantto their demand. In pharmaceutical companies the supply of medications to companies resources, it is very ineffectual for consumers. It justify price by half expenses and resulting for incriminate financial advantages by consumers. It find, produce, improvement, markets, companies the products use as the medications to be properly manage to cure patients and relives from diseases. The health insurance majorly choose generic medicines as they are more cheaper when compared to the brand of the high pricing medicines. The changes which have emerged due to improved drug development process has been outlined in the chapter. So as to address the alteration in new adopted technologies in pharmaceutical companies helps in meeting the high demand of the valued customers and the market. But some limitations occur because the data collection is little bit difficult to collect products and the financial support was not comfortable due to potency of whole is not that much true as in demand. The function of supply chain as a source for the process of creation process and product development, they are using some advanced methods and technologiesfor the outcomes processes. More emphasis has been given in the research questions and problems in the supply chain management of pharmaceutical industry in this chapter and all the possible theoretical and practicalcontribution has been stated out for proper functioning and smooth running of pharmaceutical industries.