Major Trends Impacting the Pharmaceutical Supply Chain Ecosystem
Supply Chain View from the Field
MARCH 29, 2014
Looking at global figures, growth in the consumption of drugs has increased 32 percent from $735 billion in 2007 to $965 billion in 2012, and consumption is projected to reach about $1.2 At the very least, this causes changes in packaging to adapt to local language, but in actuality changes can be much more significant. Companies respond to demand volatility in two ways: reducing inventories and trying to instill more agility in their supply chains.