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Pharmaceutical Manufacturing and Packing Sourcer

The ROI of Real-Time Supply Chain Visibility

In the life sciences supply chain, maintaining strict temperature conditions to ensure consistent product quality and integrity remains a key challenge for enterprises. As the global cold chain grows in complexity, there is an increasing need to capture environmental and product movement traceability data in real time to reduce product and operational waste, satisfy the reporting requirements, and share data with key stakeholders. Too often, supply chain data is siloed, preventing mission-critical information from driving both day-to-day and strategic decisions.

Approximately $53 billion worth of global biopharma products are at risk of temperature excursions every year. Supply chain transparency, collaboration, and resilience are becoming increasingly important because the frequency, magnitude, and costs of disruptions are increasing. This trend is expected to continue.

Multiple Risk Points

Within the cold chain, problems typically happen at multiple handoff points. Today, temperature excursions account for nearly 80% of supply chain problems. Each lane of travel – air, road, rail, and sea – requires different types of handoff points and poses different risks.

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About the author

Controlant's mission is to ensure consumer safety and decrease waste by digitally connecting the end-to-end supply chain. The pay-per-shipment, ChaaS solution provides a single source of supply chain truth, consisting of reusable IoT data loggers that send mission-critical data and insights in realtime to a proprietary, cloud-enabled software platform, and cost-reducing operational services. Controlant customers leverage the improved visibility to connect stakeholders, improve efficiency, and increase revenues.
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