Effective Management Models of Pharmaceutical Supply Chain

Abstract

Through thoroughly examining the literature, this research investigates the potential and problems of managing the pharmaceutical supply chain. By examining current studies, the paper explores how cutting-edge technology, such as blockchain and artificial intelligence, might improve inventory management procedures. The results show how crucial it is to embrace technology, work together, and strategically prepare to overcome inventory management obstacles. Blockchain technology is promising for improving transparency and trust; it also highlights revolutionary forecasting techniques and supply chain agility. Furthermore, recent studies underscore the necessity of collaboration and innovative solutions to enhance operational efficiency. In the end, a comprehensive strategy is put out, focusing on the incorporation of cutting-edge technology and stakeholder cooperation to enhance the effectiveness of the pharmaceutical supply chain and guarantee prompt access to life-saving drugs. Key Terms - Blockchain Technologies, Development Models, Inventory Management, Pharmaceutical Industry.