rfXcel Corporation | 2016
Pharma Tech Outlook

Pharma Tech Outlook

rfXcel Corporation
Enhanced Visibility Across the Supply Chain

rfXcel Corporation: Enhanced Visibility Across the Supply Chain

Pharmaceutical companies are struggling to strike the right balance between operating profitably while complying with the laws and regulations enforced by various regulatory bodies. The Pharmaceutical industry, being one of the heavily regulated industries, needs to constantly monitor their products throughout the supply chains to avert associated risks and meet the compliance requirements. Addressing the needs of Pharma companies, rfXcel, a provider of cloud based software applications for supply chain traceability that enhances consumer and patient safety. “Our solution is purpose-built to handle all the complexity around compliance and counterfeit avoidance in a cost-effective way,” explains Glenn Abood, Chairman, CEO, and Co- Founder, rfXcel Corporation.

The firm’s core offering, rfXcel Traceability System (rTS) integrates compliance, serialization, and traceability applications into a single platform to track and trace products in the supply chains and distribution channels. The applications can be used either as one integrated system or separately as a standalone application, based on the needs of the user. With enhanced supply chain visibility, clients can track down information right from the origin of raw materials to dispensing finished goods to the end users. Moreover, rTS provides additional benefits by serving as an inventory management, dispense management, and product reorder management system for trading partners. “Our solution is built on private cloud technology, which allows clients to upgrade when they want, without the complexity, downtime, and disruption to the business,” elucidates Abood.

The compliance applications embedded in the rTS include rfXcel US Compliance Management—a flexible solution that meets the requirements of Drug Supply Chain Security Act (DSCSA) for manufacturers and rfXcel SNAP that manages DSCSA compliance for retailers and dispensers with task-oriented UI. It also includes rfXcel Global Compliance Management allowing manufacturers and distributors to cater to the needs of country specific regulations which inturn increases market share and profitability. Further, the rfXcel Serialization Processing application in the rTS stores massive amounts of hierarchical serial numbers and can integrate with any existing ERP system.


Our solution is purpose-built to handle all of the complexity around compliance and counterfeit avoidance in a cost-effective way


Being a scalable solution, the serialization application can easily support exponential increases in volume. The traceability applications in the rTS include rfXcel Finished Goods Traceability and rfXcel Ingredients Traceability. While the rfXcel Finished Goods Traceability offers forward and backward tracking of products in the supply chain, rfXcel Ingredients Traceability provides ingredients and raw materials tracking throughout the supply chain. The traceability applications help minimize counterfeits, product recall issues, and optimize inventory management.

The company’s rfXchange, an exchange network, offers connectivity and collaboration for interoperability allowing a number of trading partners and clinics to share compliance and traceability information with accuracy of data. The network, maps and translates all the data that is being relayed between trading partners to validate and verify its accuracy. rfXcel’s suite of applications help pharmaceutical companies generate business value and create competitive advantage. The company’s ability to minimize compliance issues with its private cloud technology adds a silver lining to its stature in the market.

Going forward, rfXcel will continue to expand its product portfolio targeted at the pharmaceutical companies to meet their current and future compliance needs. The company’s latest compliance and serialization product releases will enhance scalability to handle a large amount of serial numbers and also expand its global compliance solution footprint to include China and South Korea.

Top 10 Pharmaceutical Compliance Solution Providers 2016

Company
rfXcel Corporation

Management
Glenn E. Abood, Chairman and CEO

Description
Pioneer in creating product serialization, traceability and compliance solutions for the life sciences industry