Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The supply chain's abaity to support the massive rollout of the COVID-19 vaccine is being put to the test. Temperatures, transportation distances, volume - and

The supply chain's abaity to support the massive rollout of the COVID-19 vaccine is being put to the test. Temperatures, transportation distances, volume - and even the timing of the vaccine's second dose - are all critical factors. To ensure a responsive COVID-19 supply chain in the face of such daunting variables, leaders must have visibility, transparency, flexibilty and foresight. As the first COVID-19 vaccine developed by Pfizer and BioNTech is rolled out in the U.S., U.K. and other parts of the world and another 987-odd drugs and vaccines are in development (with 16 in the final phase) as of Dec. 15, 2020, pharma companies, Contract Manufacturing Organizations (CMOs) and suppliers are racing against time to put in place a sound production and supply chain plan so the vaccines can reach people speedily and securely. There are, however, considerable uncertainties and variables at this stage that can impact the production and distribution of the vaccine: - Uncertainties on approvals: It's not entirely clear how many vaccines will be approved. This affects the total amount of vaccine doses available (in the short to medium term) and consequently, production and distribution capacities. - Nature of vaccine: An approved vaccine that needs a continuous cold chain and specifed temperature range wil impact not only its distribution and allocation, but it will also have have specific packaging requirements (for some vaccines, packaging must withstand temperatures as low as minus 80 degrees Celsius). Both Pfizer and Moderna vaccines must be stored at below-zero temperatures, with the Pfizer vaccine requiring dry ice and special refrigeration. - Number of vaccinations needed. How much vaccine a country needs depends on the population to be vaccinated and the vaccination timeline. This depends on public health care capabilties and government policies. For example, there will be no compulsory COVID-19 vaccinations in Germany. - Efficacy of vaccine: The efficacy rate of a vaccine will decide how often people need to be vaccinated to contain the pandemic, which will impact production and distribution. For example, the Pfizer and Moderna vaccines require two doses that must be administered in a short sequence to be effective, so there cannot be a lag in the supply chain.

Identify five (5) strategies that can be utilised to counteract confict in supply chain management. Provide examples based on the case study.

Step by Step Solution

3.40 Rating (156 Votes )

There are 3 Steps involved in it

Step: 1

1 Visibility Leaders should have visibility into all aspects of the supply chain in order to identif... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Tools for business decision making

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

6th Edition

978-1119191674, 047053477X, 111919167X, 978-0470534779

More Books

Students also viewed these General Management questions