MBA Journals Peer-reviewed management research from Consortium e-Learning Network

NOLEGEIN Journal of Supply Chain and Logistics Management

Indian Pharma Supply Chain: Making Right Quality, Right Time, Right Patient a Reality

  1. Shreya Khokrale
  2. Priyanka Ambaskar
  3. Anushi Patel
  4. Jahnavi Upadhyay
  5. Harsh Zaveri
  6. Ashutosh Ojha

Abstract

Global supply chain, catering to any industry, plays a crucial role in navigating the product to theright customer or consumer. Pharmaceutical supply chains are driven by the same need to fulfil thedemands of the market. With Indian Pharma market being stringently regulated and the variousopportunities it offers, the supply chain plays a key role in delivering a safe and efficacious product.India being the hub for generics and with exports close to exceeding the imports, it becomesimportant to have a strong supply chain. This is because the products need to be safe and the qualityis supposed to be the prime aspect that needs to be governed. Supply chain logistics ensure that theproducts remain safe in transit. This coupled with the boom in the biologics market has led to a boomIndian Pharma supply chain is now more than ever. With many challenges which can some in theway, it becomes crucial to understand and navigate our way through them to obtain a superiorsystem, which is both reliable and efficient. A changing market brings about various opportunitieswhich can be exploited to raise the bar of this industry. Thus, this article talks about the growth ofPharma Supply Chain in India and Worldwide, the need to transform supply chain and discusses thechallenges and opportunities faced by cold chain and solid dosage form supply chain. It also brusheson the reasons why India is considered as the Pharmacy of the World. With such a dynamic market,especially because of COVID-19 pandemic, it becomes important to understand and reinvent thesupply chain to provide the boost this industry deserves.

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