Pharmaceutical Supply Chain Trends 2020: Patient-centric supply chains will be key to thrive in the post COVID-19 world, says Quantzig

LONDON–(BUSINESS WIRE)–One of the world’s leading analytics solutions provider, Quantzig, announces the completion of its recent article that presents comprehensive insights into the Pharmaceutical Supply Chain Trends Impacting Growth in the Post-crisis era.

What’s in it for you?

  • Key supply chain focus areas to accelerate recovery
  • New opportunities that can help pharma companies prepare for the new normal
  • Insights on the pharmaceutical supply chain trends impacting recovery

Pharmaceutical supply chains are complex and fraught with challenges ranging from logistics inefficiencies to warehouse management. Request a FREE proposal to learn more about our capabilities and how we can help you grow.

In the new digital economy, the pharma supply chain is being faced with several stress factors which are, in most cases, intensifying with the constantly evolving regulatory requirements and customer expectations. To overcome these supply chain roadblocks, it’s essential to analyze the pharmaceutical supply chain trends shaping the future of this sector and consider their collective impact on various supply chain processes. With high demand from developing regions and BRIC (Brazil, Russia, India and, China) economies, pharma today has become a global market fraught with challenges. Owing to the rapid rise in incomes and lifestyle disorders, governments within these regions are now looking at improving healthcare access and outcomes. But to fully unlock the potential in these developing economies, pharma manufacturers must invest in the right tools and solutions to develop and implement global supply chain networks.

The biggest challenge facing pharma companies today revolves around the effective management of supply chain processes. We’ve got the right solutions to help you address such issues in the least possible time frame. Talk to our analytics experts to learn more.

According to Quantzig’s pharmaceutical supply chain analytics experts, “Quantzig’s innovative approach to pharmaceutical supply chain management can help you capitalize on new opportunities and prepare for the future while delivering better results in the current scenario.”

Pharmaceutical Supply Chain Trends Impacting Recovery

1: Product portfolio expansion

With new therapies and drugs being introduced, the pharma product portfolio is set to witness a massive expansion over the next few months. But, it’s crucial to note that many of these new therapies and the devices used to deliver the drugs involve complex manufacturing and distribution processes that call for a complete revamp of the pharmaceutical supply chain.

2: Patient-centric supply chains

With telehealth, telemedicine, and home-based healthcare services witnessing a rise in popularity, the pharmaceutical supply chain is expected to become more patient-centric with different endpoints of delivery and information sharing. Moreover, since the increased adoption of digital tools makes patient data easily accessible, patient-centric supply chains of the future must be designed to focus on addressing the dynamic demand.

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3: Emergence of precision medicine

A promising new perspective on drug manufacturing based on genomic data is paving its way into the pharma market to help deliver personalized care based on individuals’ genes, environment, and lifestyle.

Key Supply Chain Focus Areas to Accelerate Recovery

  • Dynamic Demand Forecasting
  • Warehouse Location Optimization
  • Logistics Optimization
  • Scheduling Optimization

We, at Quantzig, understand the significant opportunities that companies can unveil by analyzing the trends impacting pharmaceutical supply chain operations in the post-COVID-19 era. And to help companies excel in the competitive landscape, our team of supply chain analytics experts has listed the trends impacting recovery in our recent article, while shedding light on how these trends can act as a catalyst in driving growth in the post-pandemic world. Read the complete article for comprehensive insights.

About Quantzig

Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 15 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today, our firm consists of 120+ clients, including 45 Fortune 500 companies. For more information on our engagement policies and pricing plans, visit: https://www.quantzig.com/request-for-proposal

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