Research On Supply Chain Risk Management For Pharmaceutical Industry In Hubei Province

Supply chain risks and damage stability in the supply chain operation, which can not achieve the expected goal of supply chain management, supply chain, resulting in reduced efficiency, increased costs. Effective supply chain risk management and control can make the supply chain more flexible, and thus more resistant to various risks, so that the supply chain to avoid or reduce the risk of losses. Pharmaceutical industry has a high input, high output, high-risk, high-tech-intensive features, is the fastest growing and most competitive industy. Hubei as the "Rise of Central China" strategy, an important province for In the pharmaceutical industry that they have certain advantages. But Participants in the pharmaceutical supply chain with multiple, distributed in different geographical areas and there are many features to make the pharmaceutical supply chain vulnerable to the adverse external environment and internal physical factors, the formation of supply chain risk. Strengthen the pharmaceutical supply chain risk management is not only the enterprise, but also to the entire pharmaceutical industry is crucial. To identify sources of supply chain risk and its root causes, thereby enhancing the supply of pharmaceutical industry in Hubei Province chain risk management capabilities, and as competition and cooperation to develop the right strategy to enhance the competitiveness of the pharmaceutical industry, thereby promoting the economic development of the province.