The pharmaceutical traceability market deals with solutions that allow tracking of pharmaceutical products at individual item level through their distribution chain. These solutions involve using of serialization techniques like printing unique identifiers like barcodes on drug packages. This allows monitoring product details like origin, expiration and authentication at each stage of supply...
Contract packagers make continuous investments in the latest Contract Packaging equipment to serve diverse client needs. This gives client manufacturers immediate access to advanced packaging technologies without significant capital expenditure. Technologies like automatic product and package coding, various sealing methods, tamper evidence features, special package formats etc. can...
Data Standardization for Product IdentificationOne of the key pillars of any traceability system is having a common data standard for uniquely identifying each product instance. In the pharmaceutical supply chain, this often takes the form of a serialization or aggregation level used to print a unique identifier, such as a serial number, on the packaging. To enable pharmaceutical traceability...
The global Track and Trace Solutions Market was valued at USD 3.51 billion in 2022 and is projected to reach USD 14.21 billion by 2030, growing at a compound annual growth rate (CAGR) of 19.1% over the forecast period from 2023 to 2030. The increasing need for supply chain transparency, coupled with the growing emphasis on regulatory compliance, is expected to...
Implementing Digital Tracking for Improved OperationsAs supply chains continue to expand in size and complexity, maintaining visibility into the movement of goods has become an increasingly challenging task for organizations. Manual tracking methods are prone to errors and do not provide the real-time oversight needed to resolve issues promptly. Implementing digital tracking solutions allows...
Over the past few decades, Radio Frequency Identification (RFID) technology has revolutionized how we track and manage inventory across a wide range of industries. However, traditional RFID chips that store static identifiers come with inherent limitations in terms of cost, versatility and scalability. A promising new technology called Chipless RFID seeks to overcome these limitations by...
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