ISSN (Online): 2321 - 7782
ISSN (Print): 2347 - 1778

VOLUME 10, ISSUE 11, November - 2022

Critical Success Factors of the Blockchain in the Pharmaceutical Enterprise Business

Author(s):    Hariprasad Mandava

Abstract :
Pharmaceutical Drug counterfeiting has been a global problem for nearly 20 years, and the most recent data indicates that phony drugs will keep finding their way into the supply chains of real pharmaceutical companies. At order to tackle the issue of counterfeit drugs, it is imperative to recognize the challenges that the pharmaceutical supply chain faces. This will necessitate the use of technology at various phases of the supply chain to improve visibility. To achieve the following goals, a review of the literature was done in this regard: examine how traceability technologies have been applied in different PSC phases to identify counterfeits; assess the various obstacles preventing the creation of a safe supply chain and the crucial success factors that have been employed to overcome those obstacles; and create a conceptual framework and set of guidelines to illustrate how traceability technologies and success factors have an impact on overcoming the various obstacles in various supply chain phases. This review's main conclusion was that constructing a secure supply chain can be facilitated by leveraging traceability technologies and crucial success elements.

Keywords: Enterprise Resource Planning, Digital Supply Chain, Big Data, SAP, Enterprise Business Application, IoT.

DOI : 10.61161/ijarcsms.v10i11.16

Pages : 92-97



*Authors are invited to submit papers through E-mail at editor.ijarcsms@gmail.com