Improving The Traceability Of Pharmaceuticals Via IoT Enabled Asset Tracking Solutions

Monitoring the Transportation of Pharmaceuticals.

Stringent monitoring processes are undertaken to ensure compliance measures in place have been adhered to during the transportation of pharmaceuticals.

Effective and transparent asset tracking solutions.

Effective and transparent asset tracking solutions is imperative for the logistics of pharmaceuticals. Stringent monitoring processes are undertaken to manage pharmaceuticals and ensure compliance measures in place have been adhered to. In many cases multiple solutions from a range of suppliers may be used to track pharmaceuticals throughout the entire supply chain in turn making integrating, understanding and analysing the data complex.

Innovative solutions such as IoT asset tracking devices have revolutionised the monitoring process. Integrating technology such as IoT digitalises the supply chain allowing in this case, pharmaceutical companies and their logistics providers to have greater visibility of the pharmaceutical products being transported. This enables challenges such as temperature excursions to be minimised and necessary action to be taken. Greater visibility attained through near real-time asset tracking solutions also creates a greater chain of custody between all parties involved in the supply chain. With the implementation of innovative IoT enabled asset tracking solutions, companies can gather vital data to simplify compliance and ensure greater traceability is present.

Developing greater visibility of assets.

The global distribution of vital pharmaceuticals such as vaccines has highlighted the need for consistent supply chain traceability and strict adherence to regulations and compliance measures. The global pharmaceutical manufacturing industry alone is expected to grow at an annual rate of 11.34 from 2021-2028 making it one of the fastest-growing sectors, as published in a report by Grand View Research.

By utilising near real-time IoT enabled asset tracking solutions the industry can develop greater visibility of assets compared to passive data loggers that need to be plugged in after a trip has been completed. The data from passive data loggers can also not be obtained in many cases if they are lost or theft occurs of the products being transported. While near real-time IoT enabled solutions can transmit data throughout establishing greater visibility throughout all touch points.   

Adhering to stringent compliance measures.

Pharmaceutical companies must ensure that stringent compliance measures are adhered to such as vaccines are continually being monitored throughout transportation. The pharmaceutical sector faces stringent compliance measures and regulations to ensure the safety and efficacy of the medications being distributed. Monitoring conditions of cold storages are also important for pharmaceuticals as products stored in incorrect temperature and humidity ranges or if cooling systems are not working adequately can impact the efficacy of pharmaceuticals.

The implementation of IoT solutions such as asset tracking devices and temperature monitoring systems allows greater visibility to be present. A digitalised supply chain will reduce the occurrences of challenges experienced within the cold chain and simplify compliance.

How Can Adapt Ideations Help?

The data gathered through Adapt Ideations’ data loggers is transformative for the industry, enabling greater visibility and for compliance to be simplified. Our data loggers harness IoT capabilities to ensure data is collected and near real-time alerts are sent if violations occur. The data gathered provides insights into valuable metrics such as asset location, temperature, light and shock violations. The data collected throughout encourages companies to take proactive action if deviations from set parameters occur. The near real-time data allows stakeholders within the industry to attain greater traceability and ensures compliance measures are met.

Enquire today at enquiries@adaptideations.com to trial our innovative IoT asset tracking and monitoring solutions.