• Industry experts note visibility as the biggest Pharma logistics Supply Chain Challenge
• Healthcare tapping into the potential of an increasingly connected world
• ‘IoT’ the cure for industrial connectivity in pharma
• Greater visibility allows for efficiency improvement, costs reduction and an undeniable competitive advantage.
Stephen HartnettVisibility noted as the biggest challenge to Pharma logistics
During the last few years, global trade has been growing at an unprecedented rate and is having a considerable impact on today’s global supply chains in many ways. According to theWorld Trade Organisation world exports of manufactured goods show a 5% growth rate per year over the last ten years. Globalisation has impacted supply chain security and technology solutions as global logistics providers have to cope with rising global demand from international customers and must scrutinise all operations related to planning, controlling and coordinating the distribution of goods when crossing international borders.Read more
Stephen HartnettUncertainty around borders leading to need for transparency
Shipping in cold chain, with particular emphasis on temperature controlled shipments, are crucial to the worldwide availability of food and health supplies. Rising demand for frozen food throughout the globe, as well as booming innovative medicines, are major factors driving growth for refrigerated transport. This rise in volume has meant that managing the cold chain has become a top priority for the food and pharmaceutical industries, as they need to maintain quality control in to meet consumer demand.
Stephen HartnettHow shipping in cold chain is changing in a rapidly growing industry