LTE and supply chain

Compared to multinational companies, many local players don’t have

stringent compliance records and the regulations are intended to raise the
standards of GSP in the country. “Good supply practices amongst local
pharmaceutical companies are not great compared to international players.
Unlike large companies, many smaller players don’t have in-built QAQC
[Quality Assurance and Quality Control] systems.

The revised GSP means that many local pharmaceutical companies will need
to lift their game when storing and handling drug products or they risk getting
left behind their competitors.

Focusing on the production of cheaper versions of branded drugs once their

patent protection runs out has proved an effective strategy for Indian pharma
companies.

Commentators and coaches alike felt that the bar needs to be raised in various
areas for the industry to mature, but there was no consensus on how that
could be done.

Vaccines require the support of temperature controlled environment right

from the point of their initial stage of production to their final distribution.
This indicates the unexplored potential for both the domestic as well as the
international players which are present in the cold chain management

However, certain challenges remain for pharmaceutical manufacturers and

the freight forwarders they partner with. Chief among these is the complex
regulatory environment surrounding the temperature controlled supply of lie
sciences in India.

The Reasons:
If the assignment is set up properly, the issues are usually very clear before
the assignment gets started.

It starts out with a business bias and inevitably migrates to ‘bigger issues’
such as life purpose, work/life balance, and becoming a better leader.
In keeping with the increasing demand for road transportation, the National
Highway Authority of Indian (NHAI) has been strengthening and widening
national highways in multiple phases.

The operational performance of various ports in India – while there is an

improvement in performance, the pace is slow.

The economy is expected to grow around ten per cent over the next ten years
and sectors like chemicals, petrochemicals (especially distribution),
pharmaceuticals, metals and metal processing, FMCG, textile, retail and
automobile are projected to grow the fastest.