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How to pursue anti-hoarding for pharma

 


Pharma companies work days and nights to produce drugs for the population they need to serve and to fulfill their requirements. In the process of the stock of drugs being sold, there are several steps in between the production of the drug and its sale to its final customer. 


Often, a large part of the stock is hoarded or bought by individuals or groups with not the best intentions. This leads to the shortage of drugs despite their production in large amounts. This is known as hoarding of drugs. Anti Hoarding for pharma is the need of the hour to ensure that drugs are available for everyone at all times. 


Anti Hoarding for pharma:


One of the most effective ways to ensure anti-hoarding for pharma is by maintaining optimum transparency in the supply chain management. Various measures are being taken to improve the quality of supply chain management. By introducing blockchain technology in the supply chain, its transparency can be improved.


Conclusion:


Anti Hoarding for pharma is the need of the hour and it can be ensured by taking strong steps to better the quality of supply chain management. Introducing blockchain technology in supply chain management enhances transparency and keeps a check on the hoarding of drugs.


MedGrids

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