Analyzing Strategic Decision-Making Processes in Resilient Supply Chains: A Case Study of the Pharmaceutical Sector during Crises
Keywords:
Supply Chain Resilience, Strategic Decision-Making, Pharmaceutical Industry, Crisis Management, Operational Efficiency, Collaboration, Real-Time Data SharingAbstract
In recent years, the global pharmaceutical sector has faced unparalleled challenges, particularly highlighted during the COVID-19 pandemic. This study employs a mixed-methods approach, integrating quantitative surveys with qualitative interviews, to explore the strategic decision-making processes within resilient supply chains. By analyzing data collected from 150 supply chain managers across various pharmaceutical companies, significant findings reveal that adaptive decision-making frameworks positively impact supply chain resilience and operational efficiency. Notably, the quantitative data indicated a 25% increase in efficiency among companies utilizing strategic foresight techniques compared to traditional methodologies. Qualitative insights revealed that collaboration and real-time data sharing were pivotal in navigating disruptions. These results underscore the importance of strategic agility and resilience in supply chain management, offering actionable insights for industry practitioners and policymakers.
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