Supply Chain

Ensuring product integrity and security throughout the supply chain has always been a high priority for life sciences and healthcare service providers. Product portfolios evolving towards structurally more complex biotechnology drugs, stricter regulations, extended geographic coverage, increasing risk of theft and intense cost pressure is significantly raising the stakes. IoT can help.

Tracking devices and sensors in containers, warehouses, trucks and on employees enable organisations to monitor the movement of expensive, time and temperature sensitive products in real time from drug development all the way through to the patient.

How we can help

IoT helps mitigate supply chain risks and enables corrective action to be taken in the event of a problem. A single consignment lost due to a temperature excursion or theft may be worth upwards of $50million.²

IoT can also improve medication adherence, where connected medicine cabinets automate prescription renewals. And remote monitoring of medical equipment ensures it is ready to use when needed.

References

^{2.Transforming lives ↩}