RISK FACTORS IN PHARMACUETICAL SUPPLYCHAIN

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Globalization, unpredicted happenings, amplified intricacy of supply chain systems along with high customer expectations, inconstant environment, decreasing product and technology life cycles, present pharmaceutical supply chain encounters extensive risks and complexities

›       Supply side risks are observed at the upstream of supply chain.

›       Demand side risks are observed on downstream of supply chain

›       Regulatory risk arises due economic influence in business, policy changes (increase in tariffs & duties), and government intervention in setting prices and limitation of products.

›       Financial risk such as limited capital, shortage of cash for day-to-day operations and increase in exchange rates also contribute to disruption in supply chain.

›       Uncontrolled risk in the form of natural calamities such as earthquakes, terrorist attacks and pandemic that disrupts the supply plan.

›       Equipment breakdown, inadequate planning, shortage of skilled labors in the market are led to production and operation risk.

›       Cyber-attacks, infrastructure breakdown and a lack of business vision often render the supply chains.





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