A Study on Capacity Planning in Pharmaceutical Manufacturing: with Reference to Select Pharma Companies in India

Abstract

Capacity planning is the method and planning of how efficiently the company can utilize its resources to meet the market demand. A well-executed capacity planning helps the organization to avoid the stock out conditions and serve the customers without any failure. The pharmaceutical capacity planning is an important aspect as this sector directly deals with mankind. The field of study is significant in order to meet the future demands, improve resource allocation, quality of the product and service level. This research work includes the secondary data collection through industrial reports, financial reports, case studies and various research papers. The main factors included for the research are the R&D investments, plant & equipment costs and inventory cost as these factors directly influence the capacity planning in manufacturing. The key findings of this study concludes that the pharma industries are continuously focusing on improving the efficiency in manufacturing by adopting the technology, reducing cost and expanding market size.