“From my point of view, the main strengths of American Expediting are their customer service and reliability. We can trust them to be on time and perform as expected. In this business, where we need a pick-up within 20 minutes, that reliability is critical.”
Managed Pharmaceutical Supply Shain
Improve managed pharmaceutical supply chain and enhance patient care
As a trusted specialty life science logistics company, American Expediting is quickly expanding into a managed pharmaceutical supply chain storage and distribution company.
Our first-in-class security systems ensure product safety and efficacy and monitor full chain of custody through bulk shipment, storage and delivery to caregivers and patients.
Managed Pharmaceutical Supply Chain
What is supply chain management (SCM)?
SCM is the systematic process of managing the flow of goods and services from suppliers to end-users. Within the pharmaceutical industry, SCM involves the strategic oversight of raw materials, finished products, and packaging components.
The primary aim of SCM is to satisfy customer demand while optimizing efficiency and minimizing costs. In achieving this, SCM must consider both customer and supplier requirements.
Customer needs encompass:
- Timely delivery of products
- Assurance of product quality
- Continuous product availability
Supplier requirements entail:
- Cost-effective production practices
- On-time delivery of raw materials
- Capacity to satisfy customer demand
In order to meet the needs of both customers and suppliers, the SCM process requires meticulous planning and execution. This involves several tools and techniques such as forecasting, inventory management, and transportation management.
Forecasting predicts future customer demand which informs production planning, raw material purchasing, and transportation scheduling. Inventory management ensures that finished products and raw materials are available when required. Transportation management plans and implements the movement of goods from suppliers to customers.
SCM, particularly in the context of a pharmaceutical supply chain, is a complex process demanding careful coordination of numerous activities.
Challenges faced by SCM in the pharmaceutical industry:
- Short product life cycles
- Stringent regulatory requirements
- High customer expectations
- The constant pressure to reduce costs
The pharmaceutical sector is a challenging arena for SCM due to short product life cycles, stringent regulatory requirements, high customer expectations, and constant cost reduction pressure. This underscores the importance of a carefully planned and managed pharmaceutical supply chain.
The future of SCM in the pharmaceutical industry
The future of SCM in the pharmaceutical industry carries a degree of uncertainty due to increasing raw material costs, the constant need to cut costs, and the pressure to meet customer demand.
Despite these challenges, SCM, and particularly managed pharmaceutical supply chain, will continue to play an integral role in the pharmaceutical industry.
Choosing a Managed Pharmaceutical Supply Chain
The pharmaceutical sector is a complex and dynamic landscape. Consequently, services such as managed pharmaceutical supply chain must demonstrate adaptability and flexibility in meeting your business needs.
In selecting a managed pharmaceutical supply chain partner, consider:
- Their experience in the pharmaceutical industry
- Their understanding of your business
- Their ability to cater to your specific needs
- Their reputation
- Their cost structure
Additionally, consider their capacity to scale their services in response to your business’s changing needs. A competent managed pharmaceutical supply chain partner can adjust their services to meet your evolving requirements.
American Expediting boasts over 30 years of experience in the transportation and logistics industry. We at American Expediting comprehend the challenges that businesses encounter in the pharmaceutical sector. We offer a spectrum of services, such as:
- Transportation management
- Inventory management
- Regulatory compliance
- Moreover, we offer several value-added services like:
- Product recalls
- Damaged goods claims
- Freight claim management
- Order tracking and tracing
Our wealth of experience and expertise enable us to offer clients a comprehensive, adaptable solution that caters to their specific needs. Reach out to us today at American Expediting to discover how we can assist you with your managed pharmaceutical supply chain needs.
Certifications + Accreditations
American Expediting provides storage environments and transport solutions that fully protect your drugs and therapies. We are committed to compliance with the established standards of Good Storage Practice (GSP) and Good Distribution Practice (GDP) — our policies and protocols are entirely focused on minimizing your risk and optimizing your supply chain.
We have years of experience managing the most complex cold chain requirements and carry the qualifications and certifications needed to meet regulatory standards — ISO 9001, GDP Platinum Certification, IAC, HIPAA, and more — and facilitate every step of your pharmaceutical distribution. American Expediting operates according to the full security compliance requirements of TSA and DHS following IACSSP 6A (Indirect Air Carrier Standard Security Program).
Licensed Pharmaceutical Storage is currently available in Atlanta, Georgia and Orlando, Florida, with distribution services across multiple states. We’re quickly adding cities nationwide, let us know your location priorities so we can put them at the top of our list.