CARGOCONNECT-JANUARY2025 - Flipbook - Page 71
CRAFTING
AGILE AND
RESILIENT
PHARMA
SUPPLY CHAIN
The pharmaceutical supply chain is rapidly evolving
due to global challenges, especially those highlighted
by the pandemic crisis. Increased demand for
medicines and supply chain vulnerabilities have
prompted a reevaluation of traditional models.
Resilience is being built through technologies like
Artificial Intelligence (AI) for demand forecasting,
Blockchain for transparency, and the Internet of
Things (IoT) for real-time monitoring of temperaturesensitive products. With rising regulatory pressures
and frequent disruptions, pharmaceutical companies
are diversifying sourcing strategies and strengthening
local manufacturing. Collaborating with third-party
logistics and government initiatives, the industry
is enhancing supply chain resilience for future
uncertainties, writes SANDHYA JHA…
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