Important Factors in the Development of Biopharmaceutical Logistics Centers

Human life is at the center of the fourth industrial revolution in the pharmaceutical trade. One of the major factors driving the growth of pharmaceuticals is the rapid growth of biopharmaceuticals. The global biopharmaceutical market is showing steady growth, and the current share of 20% of the dru...

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Autores principales:	Hyunjae Jung, Junwoo Jeon, Hyukjun Choi
Formato:	article
Lenguaje:	EN
Publicado:	Elsevier 2021
Materias:	Biopharmaceuticals Logistics center Importance factors Logistics Fuzzy-AHP Shipment of goods. Delivery of goods HF5761-5780
Acceso en línea:	https://doaj.org/article/e17486f685884748b4e24de327dab0a8
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spelling	oai:doaj.org-article:e17486f685884748b4e24de327dab0a82021-12-04T04:33:39ZImportant Factors in the Development of Biopharmaceutical Logistics Centers2092-521210.1016/j.ajsl.2021.07.003https://doaj.org/article/e17486f685884748b4e24de327dab0a82021-12-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2092521221000304https://doaj.org/toc/2092-5212Human life is at the center of the fourth industrial revolution in the pharmaceutical trade. One of the major factors driving the growth of pharmaceuticals is the rapid growth of biopharmaceuticals. The global biopharmaceutical market is showing steady growth, and the current share of 20% of the drug market is expected to expand to 70% within the next 20 years. The domestic biopharmaceutical market has also turned into a trade surplus due to an increase of exports in 2017. Currently, there are no studies on the establishment of biopharmaceutical distribution centers. Therefore, in this study, it was assumed that the factors needed for the establishment of existing logistics centers and biopharmaceutical logistics centers would differ. In this study, three factors were extracted from a fuzzy AHP analysis – facility, location, and cost. In addition, 11 detailed factors were indicated, and their importance depended on temperature management devices, convenience of transportation, and the establishment of a logistics information system. Thus, facilities are more important in biopharmaceutical logistics centers than general logistics center.Hyunjae JungJunwoo JeonHyukjun ChoiElsevierarticleBiopharmaceuticalsLogistics centerImportance factorsLogisticsFuzzy-AHPShipment of goods. Delivery of goodsHF5761-5780ENAsian Journal of Shipping and Logistics, Vol 37, Iss 4, Pp 301-306 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Biopharmaceuticals Logistics center Importance factors Logistics Fuzzy-AHP Shipment of goods. Delivery of goods HF5761-5780
spellingShingle	Biopharmaceuticals Logistics center Importance factors Logistics Fuzzy-AHP Shipment of goods. Delivery of goods HF5761-5780 Hyunjae Jung Junwoo Jeon Hyukjun Choi Important Factors in the Development of Biopharmaceutical Logistics Centers
description	Human life is at the center of the fourth industrial revolution in the pharmaceutical trade. One of the major factors driving the growth of pharmaceuticals is the rapid growth of biopharmaceuticals. The global biopharmaceutical market is showing steady growth, and the current share of 20% of the drug market is expected to expand to 70% within the next 20 years. The domestic biopharmaceutical market has also turned into a trade surplus due to an increase of exports in 2017. Currently, there are no studies on the establishment of biopharmaceutical distribution centers. Therefore, in this study, it was assumed that the factors needed for the establishment of existing logistics centers and biopharmaceutical logistics centers would differ. In this study, three factors were extracted from a fuzzy AHP analysis – facility, location, and cost. In addition, 11 detailed factors were indicated, and their importance depended on temperature management devices, convenience of transportation, and the establishment of a logistics information system. Thus, facilities are more important in biopharmaceutical logistics centers than general logistics center.
format	article
author	Hyunjae Jung Junwoo Jeon Hyukjun Choi
author_facet	Hyunjae Jung Junwoo Jeon Hyukjun Choi
author_sort	Hyunjae Jung
title	Important Factors in the Development of Biopharmaceutical Logistics Centers
title_short	Important Factors in the Development of Biopharmaceutical Logistics Centers
title_full	Important Factors in the Development of Biopharmaceutical Logistics Centers
title_fullStr	Important Factors in the Development of Biopharmaceutical Logistics Centers
title_full_unstemmed	Important Factors in the Development of Biopharmaceutical Logistics Centers
title_sort	important factors in the development of biopharmaceutical logistics centers
publisher	Elsevier
publishDate	2021
url	https://doaj.org/article/e17486f685884748b4e24de327dab0a8
work_keys_str_mv	AT hyunjaejung importantfactorsinthedevelopmentofbiopharmaceuticallogisticscenters AT junwoojeon importantfactorsinthedevelopmentofbiopharmaceuticallogisticscenters AT hyukjunchoi importantfactorsinthedevelopmentofbiopharmaceuticallogisticscenters
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Important Factors in the Development of Biopharmaceutical Logistics Centers

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