Evaluation of B2B pharmaceutical supply chain in Australia

© 2015 by IGI Global. All rights reserved. The pharmaceutical industry is one of the most innovative and research-intensive industries in the world. For example, five out of the top global Research and Development (R&D) companies were pharmaceutical companies. However, the industry is lagging be...

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Main Authors: Lin, Chad, Jalleh, Geoffrey
Format: Book Chapter
Published: IGI Global 2015
Online Access:http://hdl.handle.net/20.500.11937/44747
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author Lin, Chad
Jalleh, Geoffrey
author_facet Lin, Chad
Jalleh, Geoffrey
author_sort Lin, Chad
building Curtin Institutional Repository
collection Online Access
description © 2015 by IGI Global. All rights reserved. The pharmaceutical industry is one of the most innovative and research-intensive industries in the world. For example, five out of the top global Research and Development (R&D) companies were pharmaceutical companies. However, the industry is lagging behind other industries in adopting Business-to-Business (B2B) and supply chain technologies. With supply chain costs constituting around 25-40% of an organization's operating expenses, it is imperative for senior pharmaceutical executives to minimize this cost. Hence, the main objective of this chapter is to identify key B2B e-commerce management, evaluation, and benefits realization factors and challenges within the Australian pharmaceutical supply chain. The results of this study suggest that pharmaceutical companies not only need to carefully examine their B2B investment management and evaluation practices but also must invest in using appropriate evaluation methodologies for identifying and managing benefits, risks, and costs associated with their investments in B2B and supply chains.
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spelling curtin-20.500.11937-447472017-09-13T14:14:26Z Evaluation of B2B pharmaceutical supply chain in Australia Lin, Chad Jalleh, Geoffrey © 2015 by IGI Global. All rights reserved. The pharmaceutical industry is one of the most innovative and research-intensive industries in the world. For example, five out of the top global Research and Development (R&D) companies were pharmaceutical companies. However, the industry is lagging behind other industries in adopting Business-to-Business (B2B) and supply chain technologies. With supply chain costs constituting around 25-40% of an organization's operating expenses, it is imperative for senior pharmaceutical executives to minimize this cost. Hence, the main objective of this chapter is to identify key B2B e-commerce management, evaluation, and benefits realization factors and challenges within the Australian pharmaceutical supply chain. The results of this study suggest that pharmaceutical companies not only need to carefully examine their B2B investment management and evaluation practices but also must invest in using appropriate evaluation methodologies for identifying and managing benefits, risks, and costs associated with their investments in B2B and supply chains. 2015 Book Chapter http://hdl.handle.net/20.500.11937/44747 10.4018/978-1-4666-8133-0.ch003 IGI Global restricted
spellingShingle Lin, Chad
Jalleh, Geoffrey
Evaluation of B2B pharmaceutical supply chain in Australia
title Evaluation of B2B pharmaceutical supply chain in Australia
title_full Evaluation of B2B pharmaceutical supply chain in Australia
title_fullStr Evaluation of B2B pharmaceutical supply chain in Australia
title_full_unstemmed Evaluation of B2B pharmaceutical supply chain in Australia
title_short Evaluation of B2B pharmaceutical supply chain in Australia
title_sort evaluation of b2b pharmaceutical supply chain in australia
url http://hdl.handle.net/20.500.11937/44747