Question

Distribution and Supply Chain Goals of Novartis ?

Answer 1

Novartis has an extensive distribution chain that helps the company in coordination with all the segments of supply chain management. It has an extensive network of suppliers across the globe that contribute to the supply chain process serving raw materials, goods, and technical tools.
Novartis plans for a global approach. It has launched a third-party risk management program that supports the supply chain process of the organization. An in-depth supply chain analysis and distribution network analysis has informed the fact that the company has a holistic understanding of organizational risk management. The current key risk management factors of the organization are anti-bribery, animal welfare, healthcare safety, and environmental safety. All the risk management factors are adequately informed to all its stores across the globe using a robust chain of distribution networks. The expansion of risk management factors across its network is termed as a responsible procurement program. The third-party is used for conveying risk information to its distribution network.
The supply chain management of Novartis aligns its policies with the International Labor Organization. Moreover, Novartis is a member of the Pharmaceutical Supply Chain Initiative that helps the company maintaining labor legislation and ethical policies of a legal supply chain standard.