Improving Pharmaceutical Procurement and Supply Chain Efficiency in Cameroon with Innovative Models and Strategic Coordination
Kughong Walters
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Kughong Walters: HIPAL University Institute, Bamenda, Cameroon
International Journal of Research and Innovation in Social Science, 2025, vol. 9, issue 1, 3227-3277
Abstract:
This study focuses on optimizing procurement processes to enhance organizational effectiveness through the integration of advanced technologies and skilled personnel. Emphasizing value delivery and cash collection as primary goals, it investigates the application of transaction-cost economics and resource-based views to improve decision-making in logistics, particularly within upstream networks. Addressing the high costs and stringent requirements for safety, efficacy, quality, and purity in the pharmaceutical industry, this research explores innovative procurement models that adapt to financial constraints and lower returns. It categorizes innovations into radical and moderate types, which can significantly improve procurement strategies tailored to specific organizational needs. In Cameroon, harmonizing procurement practices across public, private, and NGO sectors is identified as crucial for streamlining processes and improving healthcare outcomes. The study underscores the importance of maintaining high customer service levels and maximizing profits through efficient supply chain management practices.
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:bcp:journl:v:9:y:2025:i:1:p:3227-3277
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