Logistics is an integral part of a supply chain management. It deals with the procurement, planning, and implementation of activities in the forward and reverse logistics chain of an organization. The Pharmaceutical industry uses logistics for the complete management of the way resources are acquired, stored, and moved to different end-users, where they are required. The use of logistics helps the Pharmaceutical industry to have a continuous supply of drugs, equipment, and devices from suppliers and distributors in different locations. Sometimes, a company might choose to lever its logistics through outsourcing, if it is cost-effective to do so.
Analysts forecast the Global Pharmaceutical Logistics market to grow at a CAGR of 9.71 percent over the period 2014-2019.
Read more details at: http://www.bigmarketresearch.com/global-pharmaceutical-logistics-2015-2019-market
