Vizag Pharma Summit 2022 also saw a session on Building secure, resilient, next-gen supply chains. The speaker for this session was Dr Bikash Kumar Nayak, Plant Head, Aurobindo Pharma.
In a crisp and interesting session, he highlighted how supply chains were disrupted during the pandemic and the struggles faced by industries, including pharma to deal with unprecedented challenges. He also spoke on how vital it is to control supply chain disruptions in pharma since it is an industry that deals with saving lives.
He also shared some lessons for the pharma industry from other industries like FMCG which has utilised and implemented digitalisation with great effect and impact.
He emphasised that the pharma sector also should leverage technology more effectively to safeguard its supply chain. This would also improve its preparedness to deal with disasters and disruptions in the future. He elaborated on the importance of attaining end-toend transparency in the supply chain and how to go about achieving it, with real life case studies and examples, including Amazon and Netflix.
Dr Nayak also explained the impact of Industry 4.0 and explained how different aspects of it such as simulation, automation, Big Data, IoT, Augmented reality, cyber security, additive manufacturing, etc will play major roles in making a supply chain strong and robust.
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