A STUDY OF THE EXTENT AND INTERRELATIONS OF RISKS IN THE SYSTEM OF GOODS FLOW IN WHOLESALE PHARMACEUTICAL ORGANIZATIONS
Journal: International Journal of Management (IJM) (Vol.11, No. 6)Publication Date: 2020-06-30
Authors : IRINA V. SPICHAK IRINA V. ZHIROVA IRYNA V. PESTUN OLENA M. IEVTUSHENKO; GALINA V. VARENYKH;
Page : 1205-1214
Keywords : risk; sales; distribution; medicines; wholesale pharmaceutical companies.;
Abstract
The formation of an effective current system of product distribution is impossible without tracking, accounting, assessment and management of risk situations that arise in the course of practical activities of each pharmaceutical company. The purpose of the study was to identify the types and degree of risks typical for the commodity movement of wholesale pharmaceutical companies, and to determine their characteristic features. The risk management process is schematically constructed, and the most common methods for quantifying the degree of risk are presented. A survey of leading managers of pharmaceutical companies in the CIS countries was conducted in order to assess risk situations in a qualitative manner. As a result of the survey conducted using the risk scale, their significance was determined, as well as the relationship between the causes of such situations and their consequences.
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