Optimizing pharmaceutical supply chain with digital technologies

Gaurav Kumar *

Maryland, USA.
 
Review
International Journal of Science and Research Archive, 2023, 09(02), 727–731.
Article DOI: 10.30574/ijsra.2023.9.2.0666
Publication history: 
Received on 04 July 2023; revised on 13 August 2023; accepted on 16 August 2023
 
Abstract: 
The pharmaceutical supply chain environment has undergone tremendous change in recent decades due to technology, and this shift is intensifying. One of the main concerns of business practitioners is how to cost-effectively integrate, implement, and manage technologies across the supply chain of an organization. Pharmaceutical organizations that produce, ship, and supply goods have trouble tracking their goods, which makes it easier for counterfeiters to get fake medications into the system. The creation and implementation of a stringent technological system might be a significant step in the arduous battle against the prevalence of fake medications and other healthcare items. In supply chain management, digital technologies have a number of potential advantages. The usage of the Internet of Things in supply chains can make every component visible and create a visible supply chain, making it possible to identify the position and specifications of all the components and materials in the supply chain at any given time.
 
Keywords: 
Pharmaceutical Supply Chain; Drug Traceability; Drug Counterfeit; Pharmaceutical Serialization; Track and Trace System; Enterprise System; Blockchain; IoT
 
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Copyright © 2023 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0