New York, United States, June 16, 2022 (GLOBE NEWSWIRE) — The scope of pharmaceutical logistics encompasses the activities of handling, transporting, and managing the supply chain for a wide variety of different products. The vast majority of these products have specific requirements that must be met for the logistics process to handle them properly. In the pharmaceutical industry, the term “logistics” refers to the processes and activities of “procurement,” “warehousing,” “inventory management,” and “transportation” of products. Each of these processes and activities must be carried out while ensuring that the quality of medicines is maintained throughout “inventory management.”
Compared to other types of logistics, it stands out as being particularly unique because it must cater to the requirements of hospitals, clinics, pharmacies, and other health centers that take into account storage conditions and maintain temperature and humidity levels. In other words, it must ensure that the conditions in which the goods are stored are kept at the appropriate levels. Participants in the pharmaceutical logistics value chain include suppliers of raw materials and packaging, providers of storage and logistics services (central warehouse, stockiest, semi-warehouse), hospitals and clinics, retailers and pharmacies, and end customers. Other participants in the chain include retailers and semi-warehouses. The contributions made by each of the stakeholders involved in the pharma…
