Understanding Pharma Supply Chain
What is the Pharma Supply Chain? A pharmaceutical supply chain is a sophisticated network that integrates suppliers, manufacturers, distributors, healthcare providers, and patients to facilitate the efficient, safe, and timely delivery of medications from production to end-user. This pharma supply chain supports the overall pharmaceutical industry by maintaining high standards of safety and regulatory compliance […]
What are The Objectives of Inventory Management?
An Introduction to Inventory Management Inventory management involves managing inventory levels to meet customer demand and maintain low costs. A proper managing system leads to timely delivery, shortage prevention, and smooth alignment between supply and demand. What are the Principles of Inventory Management? To understand what are the objectives of inventory management, we must recognize […]
