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This paper studies the lack of resilience of global pharmaceutical supply chains since 2009 and the extent to which the offshoring of manufacturing plants to South-East Asia is driving persistent
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01
Assess the current supply chain structure and identify vulnerabilities.
02
Diversify suppliers to reduce dependence on a single source.
03
Implement technology solutions for real-time tracking and data analysis.
04
Establish safety stock levels to buffer against supply disruptions.
05
Develop a crisis management plan that includes contingency processes.
06
Foster strong relationships with suppliers and logistics partners.
07
Continuously monitor global events that may impact supply chains.

Who needs resilience of global supply?

01
Manufacturers looking to maintain production stability.
02
Retailers wanting to ensure product availability for customers.
03
Companies involved in international trade susceptible to geopolitical risks.
04
Organizations aiming to enhance operational efficiency and reduce costs.
05
Governments needing to secure critical supplies for public needs.
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Resilience of global supply refers to the ability of supply chains to anticipate, prepare for, respond to, and recover from disruptions while maintaining operations and meeting customer demands.
Entities that manage supply chains or are involved in global trade, including manufacturers, distributors, and logistics providers, may be required to file resilience of global supply assessments or reports.
To fill out resilience of global supply, organizations should gather relevant data related to their supply chain operations, assess risk factors, document contingency plans, and provide detailed information on their supply chain strategies and resilience practices.
The purpose of resilience of global supply is to enhance the stability and continuity of supply chain operations during disturbances, ensuring that businesses can maintain product availability and adapt quickly to changing circumstances.
Information that must be reported includes supply chain risk assessments, mitigation strategies, operational continuity plans, data on suppliers and partners, and any historical disruptions experienced that have impacted operations.
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