Background
The novel coronavirus disease 2019 (COVID-19) was characterized as a global pandemic by the WHO on March 11th, 2020. This pandemic had major effects on the health market, the ...pharmaceutical sector, and was associated with considerable impacts; which may appear in short and long-term time-horizon and need identification and appropriate planning to reduce their socio-economic burden.
Objectives
Current short communication study assessed pharmaceutical market crisis during the COVID-19 era; discussing short- and long-term impacts of the pandemic on the pharmaceutical sector.
Results
Short-term impacts of COVID-19 pandemic includes demand changes, regulation revisions, research and development process changes and the shift towards tele-communication and tele-medicine. In addition, industry growth slow-down, approval delays, moving towards self-sufficiency in pharm-production supply chain and trend changes in consumption of health-market products along with ethical dilemma could be anticipated as long-term impacts of COVID-19 pandemic on pharmaceutical sector in both global and local levels.
Conclusion
The pandemic of COVID-19 poses considerable crisis on the health markets, including the pharmaceutical sector; and identification of these effects, may guide policy-makers towards more evidence-informed planning to overcome accompanying challenges.
Graphical abstract
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The extant corpus of research on supply chain sustainability in the Arctic exhibits a conspicuous neglect of the social dimension, rendering it the most underprivileged among the three pillars of ...sustainability. A deep dive into the Arctic, this edited volume endeavors to fill this opulent lacuna by placing the unjustly forsaken concept of social sustainability at the forefront of supply chain management (SCM) research.By showcasing real-life case studies of supply chain operations, all in different industries and located in various Arctic regions, this book delves into the intricate interplay between business interests, political ambitions, and social issues. In response to the burgeoning demand for more in-depth empirical studies within the SCM landscape, it offers a compelling tapestry of experiences and candid views on the complexities of implementing socially sustainable and responsible policies in Arctic supply chains. Featuring contributions by 26 esteemed scholars worldwide, this collection proffers 13 thought-provoking and insightful chapters, arranged in a logical and coherent sequence that enables readers to follow a clear thread of argumentation. With abundant theoretical insights and empirical data, Supply Chain Operations in the Arctic: Implications for Social Sustainability will appeal to a wide range of readers keeping a close eye on Arctic operations and sustainable issues. It is a timely and essential resource for students and scholars of SCM and sustainability studies, as well as businesses, policymakers, Indigenous Peoples, and non-governmental organizations seeking to promote socially responsible supply chain practices in the Arctic.
The Vehicle Routing Problem (VRP) has been an especially active and fertile area of research. Over the past five to seven years, there have been numerous technological advances and exciting ...challenges that are of considerable interest to students, teachers, and researchers. The Vehicle Routing Problem: Latest Advances and New Challengeswill focus on a host of significant technical advances that have evolved over the past few years for modeling and solving vehicle routing problems and variants. New approaches for solving VRPs have been developed from important methodological advances. These developments have resulted in faster solutions algorithms, more accurate techniques, and an improvement in the ability to solve large-scale complex problems.
Managing value chain of perishable food items or pharmaceutical drugs is known as cold chain management. In India, approximately 30% fruits and vegetables get wasted due to lack of effective cold ...chain management. Logistic providers play a crucial role in making cold chains more effective. Based on literature review, ten criteria are selected for the third party logistics (3PL) selection process. Some of these criteria are transportation and warehousing cost, logistic infrastructure and warehousing facilities, customer service and reliability, network management, etc. This study illustrates a hybrid approach for selection of 3 PL for cold chain management under fuzzy environment. A hybrid model of Fuzzy AHP and Fuzzy TOPSIS is proposed in this paper for the selection of an appropriate 3PL in order to outsource logistics activities of perishable products. Fuzzy AHP is used to rank different criteria for 3PL selection, then Fuzzy TOPSIS is used to select the best 3 PL based on performance. The results imply that logistic providers should focus on practices such as automation of processes and innovation in cold chain processes to become more competitive.
As rapid changes are brought on by technologies and by the challenges facing humanity, existing businesses consistently update and reinvent. This book tackles the challenges of adopting and ...reinventing business models due to the digital transformation in logistics and supply chain management, digitisation of trade networks and global markets, with a primary focus on business processes, marketing transformation and human resources management.
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