The pharmaceutical distribution landscape is rapidly evolving in 2024, driven by technological advancements, regulatory changes, and shifting market dynamics. Staying ahead of these trends is crucial for distributors aiming to enhance efficiency, safety, and accessibility. Partnering with Reliance Wholesale ensures your business leverages these trends to achieve optimal performance and growth. [...]
Natural disasters and emergencies can severely disrupt the pharmaceutical industry, causing drug shortages and affecting patient care. Reliance Wholesale plays a critical role in ensuring medications are available even during crises by maintaining a resilient supply chain. Key Challenges Supply Chain Disruptions: Disasters can delay the shipment of both raw [...]
The ongoing U.S. dockworker strike is causing significant disruptions across global supply chains, and the pharmaceutical industry is particularly vulnerable. With the industry’s heavy reliance on international shipments for both raw materials and finished products, delays at major U.S. ports can lead to drug shortages, increased costs, and compromised patient care. However, Reliance [...]
In the healthcare industry, timely access to medications and medical supplies can mean the difference between life and death. As a pharmaceutical wholesale distributor, ensuring reliable delivery times is not just a logistical necessity—it’s a critical service that supports the healthcare system, providers, and ultimately, the patients who rely on them. In this [...]
The global pharmaceutical market is rapidly expanding, and navigating the complexities of pharmaceutical export and import is crucial for success. At Reliance Wholesale, we understand the unique challenges faced in this industry and offer solutions to streamline the process. In this article, we will highlight key obstacles and strategies for overcoming them, ensuring [...]
Did you know that you can easily achieve short and long-term business goals for your pharmaceutical company with an efficient month-end close process? That’s right. Streamlining common month-end procedures, such as reviewing and reconciling supply chain discrepancies, sets your team up for success. A pharmaceutical month-end close process includes: Accounts receivable and accounts [...]
The start of an above-average hurricane season presents new stressors for the pharmaceutical global supply chain. This in addition to the high consumer demand, labor shortages, and scarcity of raw materials, 2022 is already proving to be a year full of logistic obstacles. Hurricanes are just one of the severe weather threats to [...]
Acting as a vital link in the pharmaceutical supply chain, wholesale distributors ship essential products from manufacturers to pharmacies and other healthcare providers. They manage unique inventory demands to ensure that life-saving drugs are readily available for the patients who need them. The Pharmaceutical Supply Chain at a Glance Complex [...]
Severe weather, geopolitical tensions, and global pandemics—supply chain disruptions are inevitable. We have no control over when and where they take place. There’s no set schedule or guarantee that they’ll occur. We are only left with the option to prepare for the possibility. Here’s where having a solid contingency plan and pharmaceutical third-party [...]
When it comes to actively supporting efficient distribution efforts, technology can be accredited to helping build resiliency within the supply chain. Such advancements are responsible for reliable contingency plans, transparent consumer relations, and real-time communication. As a thriving pharmaceutical company, implementing the newest supply chain technology is key to staying a step ahead [...]
In case of supply emergency, healthcare providers know who to call for unsurpassed performance.
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