Latest Industry study on Contract Research Organizations , Industry Bio-Pharmaceutical Logistics | Page 2

management will help the pharmaceutical companies to have a constant supply of drugs, devices and
equipment from various dealers and distributors in different locations.
Nowadays, most of the pharmaceutical companies are outsourcing their logistics services to third party
providers known as LSPs (Logistics Service Providers) to focus on their core business activities such as
marketing, sales and research & development activities. The outsourcing of logistics services is
becoming core of business strategies in most of the organizations, as a cost cutting program. The market
based on region, is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East
and Africa (MEA).
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