Global Threats: The Challenges to Safeguarding the Pharmaceutical Supply Chain
Part of a shipment of the active pharmaceutical ingredient in your company’s top-selling medication comes up missing from a container ship that sailed from South America. Now your global supply chain security team faces the daunting task of addressing the immediate threats of counterfeiting or product tampering.
Patients may be exposed to ineffective or fake medication. The loss of ingredients could trigger regulatory or legal liability, negative news coverage and a backlash from consumers criticizing your brand on social media.
This is just one example of a potential risk your company’s global supply chain faces. What steps can you take now to better protect consumers and your brand? We explore them here.