Page 18 - Indian Transport & Logistics News July - August 2024 Issue for Website

FUTURE

PHARMA

DESIGN,

MAKE AND

AUTOMATE

IN INDIA

magine if medications and medical supplies were delivered
to pharmacies, labs, hospitals or direct to homes the same
Iday they were ordered. What impact would that make on
your business? What impact would that ‘Make in India’?
The pharmaceutical industry, though booming in India in
many regards, still has much room for improvement when
it comes to domestic order fulfillment and distribution.
Getting patient’s their medical supplies on time, to their
local pharmacy or home, with no shortages or delays
requires a lot of operational and logistical planning. With
the many safety, government and industry regulations
placed on pharmaceutical companies, warehouse
operations are a crucial aspect of companies’ ability to
compete in the marketplace, while staying compliant with
laws and regulations.
Legal compliance, inventory flow, labor,
customer demand and market competitiveness
are some of the details operations managers
need to consider. What if it doesn’t have to be a
difficult balance – understanding and working
with local requirements while meeting customer
expectations of fast delivery with quality, ready
to deliver products? A consistent and reliable
process would have a trickle-down effect to local
consumers, businesses and the country as a whole.
Since 2014, the government’s ‘Make in India’
initiative has put a spotlight and emphasis on the
manufacturing and supply chain solutions from companies
with domestic operations. The call for Indian businesses
to transform and grow their operations locally, has several
cascading effects on the economy, health, and growth of
its people. For the Indian pharmaceutical business and
customer, supply chain integrity and speed of delivery also
has several cascading effects.
16
July - August 2024 www.itln.in