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 logistics (3PL) provider comes into play. If a series of thunderstorms directly affects your usual route, a reliable 3PL partner would mean that you can continue to serve your clients uninterrupted. It would mean peace of mind knowing you’ve mitigated any supply chain disruptions where you could.
Establishing a partnership with a trustworthy 3PL provider is just one step of the preparedness process. In order to ensure your pharmaceutical company is prepared for any possible supply chain disruptions, you must first begin by addressing your internal operations.
The supply chain is constantly evolving to keep up with global supply and demand. This doesn’t include the recovery period post-pandemic. When you prepare for the unpredictability of the supply chain, you are able to better navigate your pharmaceutical company in times of distress. Regularly updating and testing your contingency plans helps you to not only prepare but to verify that your actions are both cost- and time-efficient as well.
Try doing a test run using a small order to evaluate the effectiveness of your current contingency plan and determine if there are any broken links. From here, you know where you need to tweak your plan in order to successfully deflect a supply chain disruption.