Pharmaceutical Supply Chain Management System

Chris Horton
June 23, 2021 0 Comment

A pharmaceutical warehouse is a place where pharmacists combine the medicines produced for patients. It is also called the pharmacy. Many medicines in this field are manufactured by pharmaceutical companies or other pharmaceutical companies are stored. Pharmaceuticals in these areas are usually available to the pharmacy almost immediately once products are required. The main advantage of using these types of warehousing is that they offer high flexibility with regard to product availability and stocking.

The main work of pharmaceutical companies is to manufacture medicines that can fight common diseases and can be used for industrial, military, commercial, and domestic applications. Manufacturing and processing chemical agents, pesticides, and antibiotics and producing pharmaceutical drugs are some of the important jobs in this industry. These processes are carried out at a very fast pace and sometimes the workers engaged in such activities face various health hazards. Thus, to reduce these risks pharmaceutical engineers design suitable warehouse automation systems. Warehouse automation systems are designed to manage the loading, unloading, receiving, storing, and distributing of medicines in the pharmaceutical industry.

A quality control process is carried out while manufacturing medicines in these warehouses. Quality control includes a complete inventory management system, employee information software, workstations and equipment, control panel, etc. The entire process of warehousing is carried out under the close supervision of experienced and trained staff. This increases the production rate and helps the pharmaceutical companies in providing quality products within the specified time.

These warehouses are designed to provide optimum support to the manufacturing process and meet international quality standards. They help in the efficient management of inventory and implement efficient systems for quality control. Automation is one of the tools for taking care of all the activities in the pharmaceutical supply chain. Most of the companies follow the efficient ERP (Enterprise Resource Planning) and SME (Small and Medium Enterprises) strategies to integrate all the functions of the business and come up with a fully integrated supply chain system.

The major benefit of using this warehousing is that it helps in saving a considerable amount of valuable man-hours. This warehousing is done with an aim to minimize the overall cost of manufacturing and handling medical device products. The overall efficiency of the warehouse system greatly affects the productivity of the staff working there. This is why many pharmaceutical companies prefer to outsource their warehousing requirements to a reputed and fully licensed company. The fully licensed and specialized companies have the required expertise and knowledge in the field of cold chain logistics and supply chain management and therefore they are capable of managing the warehousing requirements of the medical device manufacturers in a more efficient manner.

These fully licensed and specialized companies use modern warehousing management systems which include superior RFID technology, enhanced asset tracking, and safety systems, and highly sophisticated administrative programs. These systems ensure complete accuracy and prevent the loss of any inventory or product by enabling the users to track the products as and when they are delivered into the warehouse and as per the current demands from the customers. Moreover, these modern warehousing management systems also help in reducing the total cost of manufacturing by reducing the wastage of several products. This is possible as the RFID tags of the products contain information about their manufacturing process and location and the suppliers can retrieve them with the help of the security scans conducted at the warehouse.

A fully licensed and specialized pharmaceutical warehouse company is able to reduce the cost of inventory management by using the right warehousing strategies. They use advanced systems for the safekeeping of the products, proper placement and de-stocking of the products in the warehouse, and for the collection and delivery of the finished products safely at the desired locations. All these functions are performed with the help of highly developed software systems that enable complete management and control over the entire process. Some of this software are available free of cost, while others are pretty expensive but are absolutely necessary for proper warehouse management. Since these warehousing and inventory management systems are completely based on computer technology, they are quite easy to maintain and upgrade as and when required.

The main functions of the efficient pharmaceutical supply chain management system are to optimize the productivity of the business, enhance customer service, reduce costs and improve the efficiency of the entire pharmaceutical supply chain. The main objective of the pharmaceutical supply chain is to transfer productions from raw materials like raw ingredients and intermediates to final products like chemicals and healthcare products through a series of processes. The main functions of the pharmaceutical supply chain management system are to optimize the productivity of the business, enhance customer service, reduce costs and improve the efficiency of the entire pharmaceutical supply chain. All these functions are performed with the help of highly developed software systems that enable complete management and control over the entire process.