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Supply Chain at Pfizer

In: Business and Management

Submitted By HIMANSHUISRO
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Pages 2
SUPPLY CHAIN AT PFIZER
Global pharmaceutical companies are modelled with a supply chain, which ensures that the right drug reaches the right people at the right time and in the right condition. The pharmaceutical firms also ensure 100% product availability at optimum cost by carrying huge inventory, which maintains 100% fill rate. Manufacturers are also trying to cut down development time to save costs. So, pharmaceutical companies today are designing the supply chain to be as responsive as possible to reduce entry time to the market thereby increasing profit margins.

PFIZER’S GLOBAL SUPPLY CHAIN
Complexity of Pfizer Supply chain can be judged from the following numbers:

3000+ Formulations 89 Manufacturing Sites

200 Transportation Centres 500+ Suppliers

54 Internal Logistics Centres 175 sites for distribution networks

A unique feature of the Pfizer’s supply chain is that it operates two very different types of supply chains at all times. One supply chain supports the drug development phase and the other one to sell a successful drug in the market. While one supply chain is focused on facilitating a quick completion of the clinical trials to obtain a quick approval, the aim of the other supply chain is to meet sales targets. As a result the drivers motivating the supply chain design are speed and high availability respectively. After a drug is launched, a completely different set of objectives, drivers, and constraints become dominant. Now, the focus shifts from agility to high availability. Important considerations in both cases include safe custody and special handling requirements.

NEED FOR RESEARCH
Through this research, we will examine the Pfizer’s state-of-the-art complex supply chain to identify its characteristics and dynamics. Further, there are numerous challenges hampering the optimal supply chain performance: • • • Drug Counterfeiting...

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