Top 3 Pharma Supply Chain Innovations

Pharma Tech Outlook: Pharma Tech Magazine

Top 3 Pharma Supply Chain Innovations

Stacey Smith, Pharma Tech Outlook | Monday, July 27, 2020

By implementing technology solutions, pharma leaders can realize true ROI and mitigate risks associated with drug discovery and production.

FREMONT, CA: The pharmaceutical supply chain begins with research and development and ends with patient treatment. Between these two are the organizational, operational, and value-adding steps required to manufacture and transport the medication. The pharma supply chain is extremely cost and time-intensive, with several risks for recalls and changing regulations. To increase profitability, pharma industry must leverage advanced technology to create efficient processes and reduce costs. Here are top innovations that worth the investment.

Intelligent Robotics

Top 10 Supply Chain Management Consulting/Service Companies in APAC - 2020The pharma supply chain is filled with redundant, time-consuming tasks. Integration of intelligent mechanics like robotic arms into a manufacturer’s current equipment can complete simple tasks efficiently while communicating on progress and status in real-time. Robotics not only increase productivity by working round the clock, consistently allowing human staff to prioritize more complex, high-value work.

Internet of Things (IoT)

IoT is an ecosystem where every device, machine, and process are connected through a data communication system. This includes lab equipment deployed during the drug discovery process and machines used during medication manufacturing. Connected sensors can track equipment performance and alert staff to maintenance needs prior to failure. This not only enables facilities to plan and schedule maintenance but prevents the expense of routine maintenance if not needed.

Wearables and Mobile Tech

Laboratory technicians work in the most hazardous conditions, such as repeated exposure to chemicals and diseases, which can create an adverse working environment. Also, physical factors such as stress and repetitive standing tasks may lead to employee health issues. Smart workwear like wearables and mobile technology will allow employees to continue to use the usual personal protective equipment. The internal devices placed throughout the PPE can monitor environmental factors and physical factors. By allowing a healthier workforce, the employer enables greater adherence to timelines and employee retention.

See Also: Top IoT Solution Companies

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