How Can Innovation Eradicate The Pharma Supply Chain Management Risk?
Innovations in healthcare will be essential to the next generation of supply chains due to higher turnaround times to respond to emergencies. The pandemic pharmaceutical sector, like any other industry, witnessed the supply chain disruption. With the lockdown restrictions being partially uplifted, the production activity can begin again, as there some relief in the movement of essential goods.
Challenges Faced by the Supply Chain
The supply chain has been massively impacted by the cancellation of passenger flights and reduced freighter capacities. The pandemic impacted the ocean, as well as land carries. There was a massive disconnection between ground realities and the notification, however throughout the lockdown, there was more clarity as to how to overcome the challenges around land transportation. While the government is performing all the measures to ease the movement of essentials, the supply chain has been impacted because of the cancellation of International flights resulting in the capacity reduction for Air Freight,