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Pharma sector ''needs to enhance manufacturing management''
24 February 2011
More effort is required from the pharmaceutical industry to enhance its manufacturing management processes.
This is the view expressed in a new report by PricewaterhouseCoopers (PwC), which claims production in the field is currently "inefficient, under-utilised and ill-equipped to cope with new medicines".
According to the study, there will be shifts in the type of drugs being produced, with more genetically-based and complex medicines needing different supply chain and manufacturing processes.
Supply chains are expected to become more fragmented, with better data flow by operations management professionals and greater investment required to ensure they are successful, PwC states.
"Companies that recognise information is the currency of the future, will be those that go the final mile and stand out by 2020," Steve Arlington, PwC global advisory leader in pharmaceutical and life sciences, declares.
Firms committing to improving manufacturing processes may also be interested in recent climbs in the sector's output over recent months, driven by recovery in both export and domestic markets.
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