UGC Approved Journal no 63975(19)
New UGC Peer-Reviewed Rules

ISSN: 2349-5162 | ESTD Year : 2014
Volume 12 | Issue 10 | October 2025

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Published in:

Volume 5 Issue 11
November-2018
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1811343


Registration ID:
190287

Page Number

317-324

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Title

Cost Minimization in Supply Chain Using Transportation Methods in Pharmaceutical Industry

Abstract

Operation research is a discipline that deals with the application of advanced analytical method to help make better decisions. Talking majorly about supply chain management in the pharmaceutical companies, this industry lacks far behind in that adding excess of cost to the products produced by these companies. But in many situations, supply chains may convey information from different nature; they may be an important channel companies have to deliver knowledge, or specifically, technical information to the market. This paper studies the technical flow and highlights its particular requirements. Drawing upon a qualitative field research, it studies pharmaceutical companies, since those companies face a very specific challenge. This research paper helps to understand how we can solve this problem by using Vogel’s approximation method and Modified distribution method of transportation problem. Here we attempt help solve supply chain problem by studying, moulding and solving the data provided to us by Pfizer co. We expect to find a solution for them and suggest a better way to their supply chain management, hoping to reduce the cost and help provide medicines at reduced price. This problem is huge and we are optimistic to draw a clear and helpful conclusion at the end.

Key Words

Vogel’s approximation method, Modified distribution method, initial basic feasible solution, looping, alternate optimal solution.

Cite This Article

"Cost Minimization in Supply Chain Using Transportation Methods in Pharmaceutical Industry", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 11, page no.317-324, November-2018, Available :http://www.jetir.org/papers/JETIR1811343.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Cost Minimization in Supply Chain Using Transportation Methods in Pharmaceutical Industry", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 11, page no. pp317-324, November-2018, Available at : http://www.jetir.org/papers/JETIR1811343.pdf

Publication Details

Published Paper ID: JETIR1811343
Registration ID: 190287
Published In: Volume 5 | Issue 11 | Year November-2018
DOI (Digital Object Identifier):
Page No: 317-324
Country: Vile parle west, Maharashtra, India .
Area: Mathematics
ISSN Number: 2349-5162
Publisher: IJ Publication


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