The sequence of processes involved in the production and distribution of a commodity. A supply chain normally encompasses the following three functions:-Supply of materials to a manufacturer;-The manufacturing process; and,-The distribution of finished goods through a network of distributors and retailers to a final customer.Companies involved in various stages of this process are linked to each other through a supply chain.
Biopharmaceutical supply chains are undergoing dramatic changes that will affect the design and operation of the facilities of the future. Predominant among these is the shift away from primary care to specialty products and personalized medicine, and from large-scale production of low-value small molecules to low-volume, high-value biologics.
India is a worldwide leader in drug manufacturing, producing 10% of global pharmaceuticals, with 2016–2017 exports valued at $16.4 billion.1
An Interview with Lou Schmukler, President of Global Manufacturing and Supply at Bristol-Myers Squibb