Dose #3 Strategies for Generic Drug Manufacturers to Increase Profit Margins with Faris Hattar (Hikma)

Join our host, Evren Ozkaya, as he welcomes Faris Hattar, Associate Director of Supply Chain Operations at Hikma Saudi Arabia, for an insightful discussion on effectively managing cost pressures in generic drug manufacturing. In this episode, they delve into the challenges faced by pharmaceutical leaders, addressing issues such as high transportation costs, over reliance on a few offshore suppliers and manufacturing bottlenecks. Faris shares strategies to overcome these challenges, emphasizing the importance of enhancing visibility in factories and supply chains to enable swift and informed decision-making. Later in the conversation, Evren and his guest explore the current level of digitalization in the pharmaceutical industry and the underlying reasons for its status.