REQUIRED TEXT 1. C. Langley; C. John Langley; Robert A. Novack; Brian Gibson; John J. Coyle (2016) Supply Chain Management (12th Edition). Publisher: Cengage South-Western
Chapter 1 Supply Chain Management: An Overview
LEHIGH VALLEY TRANSPORT AND LOGSTICS SERVICES (LVTLS)
Discuss the Challenges faced by the Pharmaceutical Industry?
WHICH OF THE CHALLENGES PROVIDE THE BEST OPPORTUNITY FOR LVTLS? WHY
- Discuss the challenges faced by the pharmaceutical industry
The pharmaceutical industry has significantly grown thereby making a case for the ever expediting supply and logistics challenges. The notable challenge for the pharmaceutical industry is locating the best logistics company. Notably, the pharmaceutical industry is an ever growing sector thereby emphasizing the need for a flexible and coordinated supply chain. With the increase in demand for the pharmaceutical products, the industry is in need of logistics companies that can provide exquisite services. Therefore, lack of a flexible and coordinated supply chain is a notable challenge faced by the pharmaceutical industry. Additionally, supply chain visibility is a significant challenge facing this industry.