Robust Optimization of Pharmaceutical Supply Chain Through ML Algorithms Fostering Resilience and Reducing Wastages

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Vedant Agrawal

Abstract

This study examines the application of machine learning (ML) algorithms within pharmaceutical supply chains, emphasizing their role in enhancing resilience and minimizing waste. A structured questionnaire was distributed to seventy professionals representing supply chain management, logistics, procurement, regulatory affairs, and quality assurance. Responses were analysed using Partial Least Squares Structural Equation Modelling (PLS-SEM). The results demonstrate that domain-specific ML algorithms substantially improve forecasting accuracy, strengthen regulatory compliance, and optimize inventory management compared with conventional methods. Forecasting accuracy and stakeholder readiness achieved high reliability (Cronbach’s Alpha: 0.86 each), whereas adoption barriers, largely reflecting limited organizational confidence in digital transformation, showed only moderate reliability (Cronbach’s Alpha: 0.57). Despite the relatively small sample, the findings underscore the transformative potential of hybrid AI-classical models, integration with blockchain and IoT sensors, and federated learning approaches for pharmaceutical supply chains. The study proposes a novel framework that balances predictive precision with regulatory feasibility, offering actionable insights to support resilient and globally scalable pharmaceutical logistics.

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How to Cite
Vedant Agrawal. (2025). Robust Optimization of Pharmaceutical Supply Chain Through ML Algorithms Fostering Resilience and Reducing Wastages. European Economic Letters (EEL), 15(4), 950–959. Retrieved from https://eelet.org.uk/index.php/journal/article/view/3787
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