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Pharmaceutical Manufacturing and Packing Sourcer

Secure Shipment

 

When it takes an average of 12 years and £550 million to develop a new medicine, the stakes are clearly extremely high when it comes to running and protecting the pharmaceutical industry’s supply chain process from the laboratory to the pharmacist’s shelf. In an industry worth $700 billion globally, and one which is forecasted to grow by up to five per cent per annum, the pharmaceutical supply chain really is a supply chain process like no other.

The international renown and success of the sector is based not only on the expertise and experience of the pharmaceutical companies themselves, but also the logistics and transportation providers that support them. The pharmaceutical industry consists of numerous elements from testing and trials, through to manufacturing and distribution, and logistics expertise is required during each of these stages – an important fact which needs to be fully appreciated by all the parties involved.

The transportation of pharmaceutical and biotech products is rapidly evolving and the movement of temperature controlled goods is one of the fastest growing sectors in the air cargo market. Logistics providers and the carriers themselves have become increasingly aware of the necessity to adhere to the quality standards demanded for such sensitive products.

Recent figures from the Global Logistics Business Confidence Index reveal that business confidence within the freight forwarding community is highest in the pharmaceutical sector in comparison to other commodity markets. The pharmaceutical market is seen as one that has been relatively unaffected by the credit crisis, so although the products need very specialised handling, the new technologies and training to achieve this are worthwhile long term investments from a carrier’s perspective.


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Stuart Forsyth was appointed Global Product Manager at British Airways World Cargo in 2007 and has led the recent enhancements to the carrier’s temperature-controlled service. His philosophy on product development is focused on accuracy at a detailed level and testing before go-live with clients. Looking ahead, Stuart predicts growth in pharmaceutical logistics and consequently has implemented further development in other vertical logistics sectors. Stuart joined British Airways World cargo in 1996 leading change management in their sales, marketing and revenue management departments. In 2006 he was part of the team that launched ‘Constant Climate’, the company’s temperature-sensitive service.
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Stuart Forsyth
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