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Logistics in Pharma Sector

Decent Essays

Trends & Issues in Logistics Management for Healthcare and Pharmaceutical Organization

Prof. Perumal Magayson

Key Logistics Trends
Logistics management’s primary focus is on optimizing the delivery of service to customers, by managing complex tradeoffs between customer service, transportation, warehousing and inventory. Some World Class companies have been able to reduce the costs of their logistics operations to 50% of the levels of their competitors.

DEFINITION OF LOGISTICS
What is Logistics = Logical thinking + Statistics "Logistics means having the right thing, at the right place, at the right time in the right quantity at the right price."

Therefore Logistics is……

……is an optimization process of the location, …show more content…

It is a boundary-spanning management philosophy that requires companies to search for competitive advantage by looking beyond the frontiers of their own organisation. What makes supply chain management such a potent marketplace force today is its ability to provide a seamless channel structure that is physically dispersed and consists of different competencies, yet functions as a coherent customer-satisfying resource whose boundaries appear invisible to the customer.

MEETING THE CHALLENGE OF SUPPLY CHAIN MANAGEMENT
Where Do We Go From Here - Putting Theory to the Test
1.

Unification means that not only logistics activities, such as inventory planning, purchasing and transportation, but also core business activities, such as marketing, sales and product development, performed by each channel partner function now as correlative processes.

MEETING THE CHALLENGE OF SUPPLY CHAIN MANAGEMENT

2.

Through the convergence of information systems networking and telecommunications technologies, today's channel can bypass the encumbrances of dealing sequentially with the transfer of critical marketplace information and the traditional movement of inventory from collection point to collection point on their way up and down the supply channel.

MEETING THE CHALLENGE OF SUPPLY CHAIN MANAGEMENT
3.

Supply chain management is a dynamic and open-ended approach

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