Do Pharma Supply Chains Have a Visibility Problem?

A recent multimillion-dollar freezer failure highlights the urgent need for real-time visibility across the pharmaceutical supply chain

1

The global pharmaceutical supply chain involves billions of dollars in medications moving from manufacturers to healthcare providers.
2

Recent incidents highlight the need for improved visibility and control in managing pharmaceutical inventory across healthcare organizations.
3

Fragmented systems and manual workflows contribute to significant inventory losses, especially during temperature excursions.
4

RFID-enabled visibility can enhance inventory management by providing real-time awareness of medication location and conditions.
5

Interoperable standards like GS1 are essential for improving traceability and operational responsiveness in the pharmaceutical supply chain.