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The document discusses the results of a survey of stakeholders in the pharmaceutical supply chain on various issues. Most respondents agreed that all stakeholders must commit to high ethical standards and applicable laws. There was also strong agreement that the demand for pharmaceutical logistics is growing in India due to increased generic drug sales and healthcare reforms favoring generics. Most also felt that operational performance can be directly linked to logistics costs.
The document discusses the results of a survey of stakeholders in the pharmaceutical supply chain on various issues. Most respondents agreed that all stakeholders must commit to high ethical standards and applicable laws. There was also strong agreement that the demand for pharmaceutical logistics is growing in India due to increased generic drug sales and healthcare reforms favoring generics. Most also felt that operational performance can be directly linked to logistics costs.
The document discusses the results of a survey of stakeholders in the pharmaceutical supply chain on various issues. Most respondents agreed that all stakeholders must commit to high ethical standards and applicable laws. There was also strong agreement that the demand for pharmaceutical logistics is growing in India due to increased generic drug sales and healthcare reforms favoring generics. Most also felt that operational performance can be directly linked to logistics costs.
The demand for pharmaceutical logistics is growing in India on
account of the increasing sales of generic drugs, as well as Q3 reforms in the healthcare sector favouring generics. % Strongly Agree 39 Agree 28 Neutral 15 Disagree 14 Strongly Disagree 4 One trend to be observed within pharma logistics is the move Q4 toward regional logistics organizations. % Strongly Agree 44 Agree 27 Neutral 11 Disagree 9 Strongly Disagree 9
Pharmaceutical products need to be kept at a particular
temperature throughout the transit period from manufacturer Q5 to the end user. % Strongly Agree 41 Agree 21 Neutral 18 Disagree 14 Strongly Disagree 6
The pharma retail segment is a very promising and upcoming
Q6 segment. % Strongly Agree 48 Agree 22 Neutral 8 Disagree 12 Strongly Disagree 10 Healthcare logistics segment is highly specialized and extremely Q7 diverse with their own share of problems and challenges. % Strongly Agree 41 Agree 19 Neutral 16 Disagree 14 Strongly Disagree 10
There has been a paradigm shift in the supply chain process of
Operational performance could be directly linked to logistics
Q9 costs. % Strongly Agree 36 Agree 12 Neutral 8 Disagree 29 Strongly Disagree 15 The industry has given importance to logistics by focusing on supply chain and logistic level activities such as delivering the product to the end-customer at the right time, right place, in a Q10 secure mode and at a competitive operational cost. % Strongly Agree 45 Agree 23 Neutral 12 Disagree 8 Strongly Disagree 12
The lifeblood of the pharmaceutical industry is new product
The Indian logistics and transport industry has huge potential
Q12 growth prospects for local and foreign operators alike. % Strongly Agree 40 Agree 15 Neutral 25 Disagree 15 Strongly Disagree 5 Logistics is a crucial part of the pharmaceutical industry as the Q13 activities are highly time sensitive. % Strongly Agree 30 Agree 25 Neutral 5 Disagree 28 Strongly Disagree 12
Today, pharmaceutical, biotechnology and life sciences sectors
have emerged as the new hot favourite with the service industry and logistics companies are rushing in to offer tailor-made Q14 solutions. % Strongly Agree 45 Agree 25 Neutral 5 Disagree 10 Strongly Disagree 15
Pharmaceutical Logistics offers full visibility throughout the
Q15 supply chain. % Strongly Agree 35 Agree 20 Neutral 10 Disagree 25 Strongly Disagree 10 Q16 The demand for pharmaceutical logistics is growing in India % Strongly Agree 31 Agree 27 Neutral 9 Disagree 24 Strongly Disagree 9
Major companies in the market strive to offer cloud-based
There is risk inherent to global pharmaceutical logistics. When
designing a logistics strategy any pharmaceutical company or Q18 shipper should make certain they consider the risk factors: % Strongly Agree 44 Agree 16 Neutral 18 Disagree 12 Strongly Disagree 10 Pharmaceutical companies must focus on developing a robust risk management strategy in the mobile supply chain, ensuring that effective controls and procedures are in place to proactively Q19 mitigate the potential risks % Strongly Agree 41 Agree 27 Neutral 12 Disagree 11 Strongly Disagree 9
The Indian logistics companies keep increasing their storage
network by building and hiring new storages in order to provide efficient distribution logistics for pharmaceutical products and Q20 for other products as well. % Strongly Agree 43 Agree 27 Neutral 19 Disagree 6 Strongly Disagree 5
The global pharmaceutical market has nearly doubled over the
last 10 years, leading to an increase in sales volume and Q21 penetration in developing nations throughout the world. % Strongly Agree 42 Agree 9 Neutral 14 Disagree 25 Strongly Disagree 10
The most important supply chain factors in pharmaceutical
industry are inventory reduction and reduction of order cycle Q22 time % Strongly Agree 35 Agree 29 Neutral 12 Disagree 9 Strongly Disagree 15
One trend to be observed within pharma logistics is the move
Q23 toward regional logistics organization % Strongly Agree 30 Agree 19 Neutral 21 Disagree 19 Strongly Disagree 11 Given the expectation that pharmaceutical companies, especially Innovators, will increasingly offer additional services in the medium-term future, logistics strategies will have to align closer Q24 with manufacturing and commercial strategies % Strongly Agree 53 Agree 35 Neutral 6 Disagree 4 Strongly Disagree 2
Organizations can misjudge the difficulty of executing transport.
Significant preparatory work is required to ensure that the physical movement of the shipment is handled smoothly, including planning the route, selecting an airline and the type of Q25 temperature-controlled packaging. % Strongly Agree 39 Agree 22 Neutral 16 Disagree 13 Strongly Disagree 10