Combating Counterfeit Medicines in Pharma
Added on 2020-03-04
14 Pages3168 Words52 Views
Business Development
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Global Logistics and supply Chain management ofPharmaceutical companies[Document subtitle][DATE][COMPANY NAME][Company address]
Running Head: ReportContentsIntroduction......................................................................................................................................2Strategies used for success...............................................................................................................2Competitive advantage....................................................................................................................4Strategies followed for competitive advantage................................................................................5Suitability in unsuccessful companies.............................................................................................8Sustainability in Roche....................................................................................................................9Recommendation...........................................................................................................................10Conclusion.....................................................................................................................................11References......................................................................................................................................121
Running Head: ReportIntroductionThe report discusses the strategies followed by pharmaceutical companies to be successful in its sector. As it is a very critical sector therefore each phase of the supply chain has to be responsibly undertaken. The example, undertaken is of Roche Company, which is a successful pharmaceutical company and the various logistic management strategies of the company is studied. The report discusses the deficiencies that are incurred during the manufacturing and distribution of the pharmaceutical products and if these deficiencies are avoided, then any unsuccessful company can take a turn towards being a successful company. The various reasons of the success of good supply chain management are discussed via the example discussed below:Successful Pharmaceuticals companies like Roche make effective strategies to reduce counterfeitmedicines in comparison to unsuccessful pharma companies. Strategies used for successFew of these strategies are as shown below:LogisticsMedicines which have suffered unlawful events are imported as finished products with more safety and automated lines. The products are transferred through manufacturers who are the product owners to distributors through safe inventory system. Managers order and make invoiceson behalf of manufacturers and collects payments too. Logistic operators are responsible for packing, picking and transporting material safe handedly to the warehouse. The whole process if analyzed for better results and output [ CITATION PGr12 \l 1033 ].2
Running Head: ReportDrug Regulatory MeasuresUnsuccessful companies’ hampers drug regulatory measures like they don’t hire qualified staff and machinery, there is poor coordination in systems, weak supply chain and lack of proper monitoring. However, successful companies, have structured drug regulatory measures. There is proper implementation of systems and stakeholders are also interviewed in a structured manner. Successful pharmaceutical companies implement better communication, collect feedbacks from customers and other complaints and prepare successful supply chain and logistic strategies to protect drug counterfeit. Few regulatory measures which successful companies’ practice are fragmenting drug regulatory responsibility for better implementation of tasks. These companies manage their shortcoming in a better way and their supply chain is always audited at each and every step to avoid counterfeit medicines. Unsuccessful companies are ineffective due to corruption, weak communication system, and poor coordination, lack of finance and shortage of effective human resource personnel.On site Quality Surveillance and Inspection SystemsSuccessful companies focus on efficient and cost effective ways for surveillance and inspection of large samples of drugs in the company. Pilot Project in Tanzania used a thin layer chromatography to test in their drug quality. This pilot project helped to improve the testing capacity and improve the quality of medicines; this technique was cheap and required simple training. Many batches have been tested with this technique with the aim to improve quality of the final medicines produced. Hence, successful companies like this follow a inspection system in order to check their drug quality before it is finally prepared. This includes very less costs, but provides greater benefits [ CITATION Fad16 \l 1033 ].3
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