Pharma & Surgical
The global pharmaceutical and surgical products industry is increasing rapidly at a steadfast rate. Simultaneously on the rise are issues ecting the industry like - counterfeit products, inventory inaccuracy, middlemen fraud and similar other issues which could tarnish the brand image of businesses and drive them to losses. In times like these the industry players need a stronger watch throughout their supply chain to avoid such irregularities in the industry. This could be attained through an icient supply chain mechanism which could counter the issues faced by the industry.
With a very complex supply chain, products change ownership a lot many times by the time they reach the customer. And this gap between production & procurement gives scope to counterfeit products. This is where ‘Serialization’ plays a crucial role in keeping a safe counterfeit-free supply chain for the safety of the patients using the products.
Similarly, lot mixing could affect drug traceability which can be countered by ‘Lot Tracking’.
‘Drug Pedigree Tracking’ offers a safer travel of the product throughout the supply chain and makes sure of the authenticity of the products reached to the consumers.
Proficient ‘Batch and Serial traceability’ gives an icient ‘track & trace’ of the product. ‘Product traceability’ of each product is a must at every level of the supply chain with its very own unique serial number to maintain inventories at desired levels rather than keeping them low or high.
An icient delivery execution system must be featured with such beneficial aspects as mentioned above.
Inventrax’s supply chain execution system, FalconWMS a contemporary solution offering the best traceability, comprises of all the above discussed features and a lot more, for a safer and productive pharma and surgical supply chain.
Through our high end traceability means using advanced auto data capture techniques such as barcode and radio-frequency identification (RFID) a complete material flow could be traced at every movement of its supply chain right from production through delivery. This gives no scope for counterfeits or any sort of fraud, as each of the product’s movement is tracked digitally. Further, the live status of your inventory could be shared to the needed, offering visibility of the same. Other benefits include eliminating lot mixing, spotting expired products and stopping their movement out of the warehouse for shipment.