Blog Post


Revolutionise With Innovative Digital Solutions To Create The Supply Chain Of Tomorrow

Adapt Ideations • Sep 20, 2021

Through the utilisation of upcoming innovative technology such as IoT solutions, companies can simplify their monitoring processes and achieve greater efficiency throughout the supply chain. 

Innovative supply chain technologies

Innovative supply chain technologies and solutions will enable industries to achieve greater operational excellence. The future of supply chains is reliant on automation, digitalisation, and artificial intelligence (AI) technology as increased demand and pressure amount on supply chains. Digitalisation and innovative technology advancements have transformed supply chains and logistics operations.


Upcoming IoT enhanced technology

The effects of post pandemic growth have demonstrated how technology and automated systems can assist and empower companies like pharma companies or mining operations. Through upcoming IoT enhanced technology such as asset monitoring solutions, vehicle management systems and warehouse monitoring solutions, various industries can streamline and digitalise their supply chain

 

IoT technology is revolutionising businesses and their supply chain operations. Through IoT technology, machines and objects have been connected to transmit valuable data to clients. For example, IoT enabled asset monitoring solutions can assist the logistics industry in enhancing their operational efficiency.


Industry 4.0

This new era of supply chain efficiency can be referred to as Industry 4.0 whereby digitisation, predictive insights and logistics transparency through monitoring devices will be the new norm. A 2020 research paper by the Sydenham Institute of Management Studies predicts that a digitalised supply chain will lower operational costs by more than 30 per cent and further reduce lost sales opportunities by over 60 per cent. In the new business age, supply chain visibility is imperative for growth. 

 

Supply chain digitalisation

This new era of supply chain digitalisation is more focused on the client and how their demands can be met most efficiently. For business clients, this results in increased demand for supply chain visibility and consistent communication during logistics. The digital age is booming, and businesses must utilise new technological adoptions to enhance their operational processes. Companies can remain competitive, deliver unmet client needs and utilise supply chain intelligence to transform their operations. 


A report released by Bain and Company based on a survey conducted on 162 senior executives found that only 15 per cent have complete insight into their supply chain operations and only a further 7 per cent track and monitor the status of their supply chain operations. Some companies may still rely on manual processes and monitoring, to deal with supply chain challenges. Through the utilisation of upcoming innovative technology such as IoT solutions, companies can simplify their monitoring process and achieve greater efficiency throughout the supply chain. Effective and automated communication during the supply chain can radically reduce costs associated with challenges experienced during logistics. 

 

Adapt Ideations is always at the forefront of innovation, and this is reflected in our solutions. Our innovative asset tracking and monitoring solutions can monitor vital metrics of valuable assets. The utilisation of Adapt Ideations’ IoT enabled solutions enables companies to gather insightful data such as location, temperature, light and shock. Supply chain digitalisation has enabled companies to achieve consistent and reliable metrics on their assets and operational processes. 


Contact us today at enquiries@adaptideations.com to find out how you can transform your supply chain operations. 

Powerful and reliable, asset tracking and monitoring solutions.

Innovative monitoring solutions for high-value & temperature-sensitive assets.

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Awards & Recognition


A silver laurel wreath with the words india biologics and vaccines awards 2022 written inside of it.

Best Temperature Monitoring Solution Provider


Awarded by India Biologics & Vaccines Outstanding Industry Awards 2022

A silver leader recognition badge with a star and laurel wreath.

Adapt Ideations Recognised As A Supply Chain Leader


by Alcott Global on Supplify's Supply Chain Tech Map 2.0

A silver laurel wreath with a star and the words `` technology excellence in cold chain ''.

Technology Excellence in Cold Chain


Awarded at the 15th ELSC Leadership Awards


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Temperature-controlled logistics is a crucial aspect of global supply chains, particularly in the pharmaceutical industry. Maintaining the correct temperature during transportation is not just a logistical issue but also a critical factor in ensuring the safety and efficacy of life-saving vaccines and other temperature-sensitive products. As the demand for temperature-sensitive products like vaccines and biologics continues to surge, ensuring their safe transportation is paramount. Any deviation in temperature during transit can compromise the efficacy of these products, leading to significant financial losses and potential health risks. This blog delves into the evolution of temperature-controlled logistics, critical challenges faced in this sector, and groundbreaking innovations that address these challenges. With a focus on real-time monitoring through IoT solutions, we aim to showcase the advancements that contribute to the efficiency and compliance of global pharmaceutical supply chains. Evolution of Temperature-Controlled Logistics Temperature control has undergone a remarkable transformation in the last two decades. Stringent global regulations, customer demand for new temperature ranges, emerging markets with extreme temperatures, and the growing value of drugs like biologics have been essential driving forces. These factors have spurred the evolution of temperature-controlled logistics to meet the demands of a rapidly changing world. The landscape of temperature-controlled logistics is evolving, thanks to technological advancements. Trends include the growing availability of prequalified shippers simplifying the validation process, sophisticated supply chain services, a rising interest in reusable packaging, and advances in temperature-monitoring technology. These innovations contribute to the industry's ability to adapt and thrive in a dynamic environment. Temperature-controlled logistics involves managing the flow of products through a cold chain. Divided into food and pharmaceutical sectors, the global market size of cold chain logistics is projected to grow significantly. From USD 242.39 billion in 2021 to USD 647.47 billion by 2028, exhibiting a CAGR of 15.1%, the industry is expanding rapidly, reflecting its critical role in modern commerce. 3 Key Challenges in Temperature-Controlled Logistics Compliance Issues Stringent Regulatory Standards: Global temperature-controlled logistics operates within a framework of strict regulations set by health and safety authorities. Meeting diverse regulatory requirements across international borders poses a significant challenge for companies in this sector. Documentation & Reporting: Compliance involves meticulous documentation and reporting of temperature-sensitive shipments. Keeping up with the evolving documentation standards requires streamlined processes and robust systems. Validation & Qualification: Ensuring the validation and qualification of equipment and processes according to regulatory standards is an ongoing challenge. The need for continuous validation adds complexity and time constraints to logistics operations. Risks of Temperature Deviations Product Integrity: Temperature-sensitive products, especially pharmaceuticals and biologics, are highly susceptible to temperature deviations. Even brief exposure to temperature breaches during transit can compromise the integrity and efficacy of these products. Financial Implications: Temperature deviations can lead to significant financial losses for companies. Replacing or disposing of compromised products and potential legal repercussions contribute to financial challenges. Supply Chain Disruptions: Temperature deviations can disrupt the entire supply chain, leading to delays in product availability. This not only affects businesses but can have critical implications for healthcare providers and patients relying on timely access to medications. Security & Theft Concerns Value of Cargo: Temperature-sensitive cargo, such as pharmaceuticals, vaccines, and high-value perishable goods, can become a target for theft. The significant value of these products heightens security concerns throughout the supply chain. Vulnerability During Transit: The vulnerability of cargo during transit, particularly in unsecured areas, poses a constant risk. The potential for theft during transportation adds complexity to securing temperature-controlled shipments. Need for Tracking & Monitoring: Ensuring the security of temperature-sensitive cargo requires robust tracking and monitoring systems. 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