Price descent and vaccines. During the third wave the orders kept on coming. The huge stock of PPE’s reached the consumers, but the demand has become smaller. High stock levels led to prices falling when said stock needed to be sold-out. Oftentimes they would be sold at cost, or even lower than the order price. …
„Panic buying“ and scammers. After a few months have passed, the second wave of the pandemic hit the world. Due to the rising “Panic buying” syndrome, supply chains had a very difficult time meeting the demand, despite the fact that up until the second wave, medicine and PPE demand level stabilised. All of that was …
The COVID-19 pandemic and its effects on the supply chain. Challenges that the health care systems face. Three waves syndrome. Even though the COVID-19 pandemic that shook the whole world is subsiding, and its control is gaining momentum, we cannot relax. The rate of recovery and the speed at which everything is returning to its …
Inventory control – challenging burden in pharmaceutical business An efficient inventory control system has to resolve contradictory demands and it can be challenging to implement. While inventory represents the largest investment for most pharmacies, an effective inventory management system meets customer interests at the lowest cost with the minimum investment. In other words, efficient inventory …
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