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Showing posts with the label Supply Chain

Five Global Trends in Business and Society in 2025 – 2 – Asrar Qureshi’s Blog Post #1064

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  Five Global Trends in Business and Society in 2025 – 2 – Asrar Qureshi’s Blog Post #1064 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1064 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to pharmaveterans2017@gmail.com for publishing your contributions here. Credit: ahmed akacha Credit: ahmed akacha Credit: Kris Moklebust This post is based on an INSEAD survey and report. Preamble The INSEAD article "Five Global Trends in Business and Society in 2025" identifies key challenges and opportunities that businesses should address this year. 1. Climate Change 2. Geopolitical Crises 3. Economic Uncertainty 4. Social Instability 5. Income and Wealth Inequality The article emphasizes the need for businesses to proactively engage with these issues to foster a more equitable and sustainable society. We take these trends one by one in discussion. Geopolitical Crises: A Major Busine...

Five Global Trends in Business and Society in 2025 – 1 – Asrar Qureshi’s Blog Post #1063

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  Five Global Trends in Business and Society in 2025 – 1 – Asrar Qureshi’s Blog Post #1063 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1063 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to pharmaveterans2017@gmail.com for publishing your contributions here. Credit: Chris Boutillier Credit: Harrison Haines Credit: Markus Spiske Credit: Markus Spiske Credit: Markus Spiske Credit: Mumtahina Tanni This post is based on an INSEAD survey and report. Preamble The INSEAD article "Five Global Trends in Business and Society in 2025" identifies key challenges and opportunities that businesses should address this year. 1. Climate Change: Recognized as the primary societal issue for businesses to tackle, with 50% of INSEAD faculty emphasizing its importance. The World Economic Forum's Global Risks Report 2025 highlights an increase in climate-related risks in both the short and long te...

Drugs Shortage and Supply Chain – Asrar Qureshi’s Blog Post #1029

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Drugs Shortage and Supply Chain – Asrar Qureshi’s Blog Post #1029 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1029 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to aq.pharmaveterans@gmail.com for publishing our contributions here. Credit: Alexander Israb Credit: Chanaka Credit: Mikail Nilov Preamble Supply chain is the major stakeholder in the availability or otherwise of the drugs in the market. It is because supply chain integrates the elements which result in availability of products in the market. Therefore, the credit and discredit both go to them. Let us examine the elements of supply chain individually to understand their role and impact, and then see how it may be improved. Material Planning and Procurement Planning Material planning is the first step. In some organizations, planning is an elaborate affair where several people work. In many other organizations, the system is rudim...

Managing Drugs Shortage – Asrar Qureshi’s Blog Post #1028

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Managing Drugs Shortage – Asrar Qureshi’s Blog Post #1028 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1028 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to aq.pharmaveterans@gmail.com for publishing our contributions here. Credit: fauxels Credit: Thirdman Credit: Tiger Lily Preamble Drugs shortages occur due to multiple reasons, some of which we shall see in some detail. And these are not always due to disruptions in supply chain. It is also a worldwide phenomenon.  I was reading an article in INSEAD Knowledge and quote a short excerpt here. [quote] An increasing problem in Europe and other parts of the world, drug shortages not only pose significant challenges for healthcare professionals, but they also put public health at risk by making timely, optimal treatment impossible. In worst-case scenarios, patient care is disrupted. In England, pharmacists have warned that drug shortages a...

Why do Senior Managers Keep Repeating the Same Mistakes? Part V – Asrar Qureshi’s Blog Post #948

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Why do Senior Managers Keep Repeating the Same Mistakes? Part V – Asrar Qureshi’s Blog Post #948 Dear Colleagues! This is Asrar Qureshi’s Blog Post #948 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to aq.pharmaveterans@gmail.com for publishing your contributions here. Credit: Abdul Mohsin Credit: Joyce Toh Continued from Previous …… KK asked the marketing team to make aggressive marketing campaigns which should not be very costly. In addition, he decided to increase the workload of the team and their managers. He sent this notification to the entire team the same day: To,  All Team Members, X – Team As you all know that the market has become very competitive and generating business growth requires a mix of innovative marketing and above average amount of working. Effective immediately, I am going to take the following steps: 1. I have asked the marketing team to design innovative and aggre...

Healthcare Delivery in Conflict Zones – Asrar Qureshi’s Blog Post #861

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Healthcare Delivery in Conflict Zones – Asrar Qureshi’s Blog Post #861 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #861 for Pharma Veterans. Pharma Veterans aims to share knowledge and wisdom from Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Gaza - Credit: MSF Gaza - Credit: MSF Sudan - Credit: MSF Martin Griffiths, UN Relief Chief tweeted on Sunday 15 October at 6.15PM. “The specter of death is hanging over #Gaza. With no water, no power, no food and no medicine, thousands will die.” Israeli Prime Minister’s office has said more than 1400 people have been killed in Israel since Hamas’s offensive on October 7. Meanwhile, 2450 Palestinians have been killed in Israeli bombings on Gaza. EU leaders have jointly and unanimously backed Israel’s right to defend itself in line with humanitarian and international ...

Challenges for Pakistan Pharma Industry in 2023 – Part 2 – Asrar Qureshi’s Blog Post #772

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Challenges for Pakistan Pharma Industry in 2023 – Part 2 – Asrar Qureshi’s Blog Post #772 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #772 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Photo Credit: Anna Tarazevich Photo Credit: Edward Jenner Photo Credit: Karolina Grabowska Cost of Quality Control – Quality control of APIs is more stringent and rightly so. Several steps are needed at various stages of production to remove chemicals used in processing, which are many and must be removed completely, or kept in a narrow, acceptable range. The CoA – Certificate of Analysis must mention the detail of such residual materials. The finished goods manufacturers rely on the CoA of API manufacturer; even otherwise, they do not have the ...

Entrepreneurship within the Pharma Industry – Part 4 – Asrar Qureshi’s Blog Post #703

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Entrepreneurship within the Pharma Industry – Part 4 – Asrar Qureshi’s Blog Post #703 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #703 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Reasons for Failure – Continued…… We continue our discussion on entrepreneurship by the Pharma Industry employees. Employee Mindset Someone, who has been working as an employee for several years, develops a certain mindset. He is part of a team where work is divided, and responsibility is shared. Everyone does their job and goes home, leaving office worries behind. It is rare to get disturbed in off hours. Then there is possibility of annual leaves, casual leaves (which are taken mostly for casual reasons), and sick leaves (mostly availed as a matter...

Opportunities in Pharma Industry for New Graduates – Management Sciences 2 – Asrar Qureshi’s Blog Post #697

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Opportunities in Pharma Industry for New Graduates – Management Sciences 2 – Asrar Qureshi’s Blog Post #697 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #697 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Photo Credit: Pixabay Photo Credit: Tom Fisk This series of posts gives ideas about what opportunities new graduates can find in pharmaceutical industry. Pharmaceutical Industry is a large industry; it employs a fair number of people in various departments.  We take up two other majors offered in Management Sciences. Finance Historically, the ‘munshi’ kept the accounting record. A typical munshi in the old movies/plays would be a middle-aged guy, with a round-frame reading glasses on his nose, a register or papers under his...