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Decision-support challenges in the chemical-pharmaceutical industry: Findings and future research directions

Title
Decision-support challenges in the chemical-pharmaceutical industry: Findings and future research directions
Type
Another Publication in an International Scientific Journal
Year
2020
Authors
Marques, CM
(Author)
Other
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Moniz, S
(Author)
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Jorge Pinho de Sousa
(Author)
FEUP
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Barbosa Povoa, AP
(Author)
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Reklaitis, G
(Author)
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Journal
Vol. 134
ISSN: 0098-1354
Publisher: Elsevier
Other information
Authenticus ID: P-00R-GCM
Abstract (EN): The chemical-pharmaceutical sector is facing an unprecedented fast-changing environment, with new market and technological trends impacting the companies' operational strategies. Managing the pharmaceutical supply chain (PSC) operations is, therefore, ever more complex and challenging. The goal of this work is to present a comprehensive overview of the current state of the industry and research developments; and then, to develop a new decision-making reference framework to assist in the creation of optimization-based decision support models. This will be achieved through a multi-perspective analysis that encompasses strategic and tactical planning decision-making, in the current and future business context of the chemical-pharmaceutical industry. The findings reveal a lack of research addressing the most prominent trends currently driving this sector, such as patient centricity or new technological developments, thus highlighting the disruptive nature of the expected changes in a highly conservative industry.
Language: English
Type (Professor's evaluation): Scientific
No. of pages: 36
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