Question: Lesson Learnt Producing and Distributing CoVib-19 Vaceines Erfective collaboration is essential - for als supply chains Supply chains must be flenible to meat unique challenges

Lesson Learnt Producing and Distributing CoVib-19

Lesson Learnt Producing and Distributing CoVib-19

Lesson Learnt Producing and Distributing CoVib-19 Vaceines Erfective collaboration is essential - for als supply chains Supply chains must be flenible to meat unique challenges Digitalization of the supply chain supports those requirements Since the first COVID-19 vaccines were approved in December last year vaceine manufacturets have had to develop novel supply chain strategles to hande speedy production as well as safe distributon of tens of milions of ife-saving doses. With limited information on the stability of the pharmaceulical components on hand due to the accelerated vaceine developrnent process, cold-chain equipment and facilities became crucial links in the complek supplier nefwork In light of that need, vaccine makers began sourcing dry lce along with the equipment 10 produce It. in addition to the other nodes in the supply chain, such as vaccine distributors and pharmiacies, have looked into These are fust some of the challenges the developed world is facing with recgards to producing and distributing the Whese are just some of the challenges the developed world is facing with regards to producing and distributing the Developing countries with limited access to cold-chain technology are likely to have it even tougher. The complexites in getting a new vaccine supply chain running efficiently underscore some larger lessons for how supply chains operate in the new normal of the post-pandemic world. 3 Lessons Supply Chains Can Learn From the COVID Vaccine Rollout 1. Complexity isn't going away. As vaccine manufacturers and distributors have discovered, supply chains are increasingly complex systems that generate their own unique challenges. Components need to be stored, shipped and delivered at low temperatures for millions of vaccine doses that need to be administered - and then administered again to achieve the right efficacy. These complexities of supply chains are nol going to disappeat, no matter what strategies enterprises adopt to manage the risks that complexity brings with it. 2. Supply chain collaboration is more important than ever. Across all tiers of the supply chain, elfective and efficient collaboration is essential. To cope with new problems and break down the silos that lend to develop across enterprises, the role of a supply chain management software platform becomes crucial given its ability to orchestrate the elements harmoniously. 3. Flexibility is a critical supply chain capability. This is driven by a mind-set of innovation and creativity, as seen in how companies looked to new avenues for the necessary cold-chain equipment. Flexibility is also enabled by supply chain software, which is helping enterprises identity potential bottenecks and execute solutions. And tha will make them more resilient to future disruptions. The Growing Need to Digitalize Supply Chains As the unique strategies developed to resolve the COVID-19 vaccine production and delivery challenges show, the transformation of supply chain management has become imperative in today's volatile business environment. By digitalizing supply chains, getting a handle on diverse data streams, and harnessing analytics to better predict potential issues and outcomes, companies can strengthen their supply chains and take advantage of the lessons leamed from the pandemic. Question 1 (20 marks) In relation to the case study discuss the barriers that may occur in a buyer-seller collaboration. (20 marks)

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