Driving Digital Transformation in the Pharma Industry

Authors

Sandeep Ramanamuni

Abstract

Manufacturing and supply chain transformation through digital technology is best illustrated in the pharmaceutical industries. This paper investigates critical initiatives of digitalization in pharmaceutical companies, including integrated engineering, paperless manufacturing, and digital supply chains. These initiatives are driven by emerging technologies such as AI, IoT, blockchain, and big data analytics. The paper reveals how digital tools drive predictive maintenance and enhanced decision-making while boosting agility across manufacturing lines. Insights from the market project increase investments into Industry 4.0 technologies, signaling significant growth opportunities. Digital maturity for the pharma industry will position it to proactively respond to market demands and better optimize resources while increasingly improving patient outcomes through smarter production and supply chain strategies.

Keywords

digital transformation, pharmaceutical industry, smart manufacturing, paperless manufacturing, digital supply chain, blockchain technology, IoT

Driving Digital Transformation in the Pharma Industry. Sandeep Ramanamuni. 2020. IJIRCT, Volume 6, Issue 4. Pages 1-5. https://www.ijirct.org/viewPaper.php?paperId=2503108