A reliable supply of medicinal product plays a critical role in protecting the world from threats when they need it most, such as infectious disease outbreaks and disaster situations. Man-made and natural disasters, political climates, and pandemic illnesses can all pose unique and life-threatening challenges to the world’s pharmaceutical global supply chains. Whether regional demand increases as a result of by disasters or global demand is increased by a pandemic, one thing is clear – the conditions that cause demand to rise also threaten the stability of our global supply chains and our ability to meet the demand. To avoid catastrophe, supply chains must diversify – the industry must be proactive and adopt a supply chain risk management model. Read the full article written by Coda Corp USA.
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