Overview
Pharmaceutical supply chain resilience is crucial for ensuring that medications reach patients without interruption, especially during crises. It involves understanding risks, implementing mitigation strategies, and adhering to regulatory requirements. By building a resilient supply chain, companies...
Key Terms
Example: The supply chain for a vaccine includes raw material suppliers, manufacturers, and distributors.
Example: Conducting a risk assessment can help identify vulnerabilities in the supply chain.
Example: A company may have a contingency plan for sourcing raw materials from multiple suppliers.
Example: Effective inventory management can prevent stockouts during high demand.
Example: Pharmaceutical companies must comply with FDA regulations to ensure drug safety.
Example: Natural disasters can cause significant disruptions in the supply chain.