Updated on 1 January 2013
Using our multi-client distribution facilities, companies can also do things like expand into new markets using our existing assets and infrastructure. This strategy limits the amount of additional investments companies have to make when they move into new territories. It also lets them scale resources and people investments appropriately and effectively.
What steps can be taken by pharma companies and regulatory agencies to ensure smooth drug supply in their country?
Pharmaceutical companies can ensure smooth drug supply through consistent and efficient processes built on good distribution practice principles, good controls through technology-driven solutions to manage and track inventory and efficient and secure distribution network.
Often times, engaging a third party full service logistics partner can help offer insights and smart solutions to ensuring that the key steps mentioned above are fulfilled. As the largest logistics provider that moves two percent of the world's GDP, UPS provides a host of solutions and the network capability to handle the growing business needs of pharma companies. This allows companies to focus on what they are truly the best at, while the logistics partners can offer visibility and connectivity that can ease this decision making process.