Supply chain management in pharmaceutical industries: supply chain of Incepta Pharmaceuticals Limited

Abstract

Supply chain management (SCM) is the transform about planning, implementing, also regulating the operations of the supply chain with the motivation with fulfill client prerequisites similarly as effectively concerning illustration time permits. Those sub-areas including a supply chain include: Forecasting/Planning, Purchasing/Procurement, Logistics, Operations, stock Management, Transport, Warehousing, Distribution, client administration and so forth. However, it is troublesome to find a standard model for supply chain administration working in the business group. Some business will refer to and manage their supply chains in a coordinated and all encompassing fashion, including the entire sub areas defined above. To achieve effective supply chain management particularly in pharmaceutical industries around globe, this study is devoted assess the supply chain management of a leading pharmaceutical company in Bangladesh namely Incepta Pharmaceuticals Ltd. SCM is also important for achieving competitive advantages over the business rivals through a stronger relationship, closer and collaborative cooperation as well supplier development.